Price for Iron and Non-Alloy Steel in Ingot in Croatia - 2023
Contents:
- Price for Iron and Non-Alloy Steel in Ingot in Croatia (CIF) - 2022
- Price for Iron and Non-Alloy Steel in Ingot in Croatia (FOB) - 2022
- Imports of Iron and Non-Alloy Steel in Ingot in Croatia
- Exports of Iron and Non-Alloy Steel in Ingot in Croatia
Price for Iron and Non-Alloy Steel in Ingot in Croatia (CIF) - 2022
The average import price for iron and non-alloy steel in ingots stood at $2,015 per ton in 2022, picking up by 26% against the previous year. Over the period under review, the import price saw a moderate increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 80%. As a result, import price reached the peak level of $4,622 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($3,589 per ton), while the price for Italy ($1,224 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+64.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron and Non-Alloy Steel in Ingot in Croatia (FOB) - 2022
In 2022, the average export price for iron and non-alloy steel in ingots amounted to $3,352 per ton, standing approx. at the previous year. Over the period under review, the export price continues to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 34% against the previous year. Over the period under review, the average export prices attained the peak figure at $4,772 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($4,411 per ton), while the average price for exports to Italy ($1,985 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+28.3%), while the prices for the other major destinations experienced a decline.
Imports of Iron and Non-Alloy Steel in Ingot in Croatia
Imports of iron and non-alloy steel in ingots into Croatia was estimated at 71 tons in 2022, picking up by 9.5% against the previous year's figure. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 408% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, imports of iron and non-alloy steel in ingots skyrocketed to $142K in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 157% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Iron and Non-Alloy Steel in Ingot in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.5 | 29.7 | 74.6 | 93.3 | 131.7% |
| Italy | N/A | 4.6 | 15.0 | 28.0 | 146.7% |
| Hungary | 12.3 | 5.6 | 1.0 | 3.6 | -33.6% |
| Others | 8.9 | 0.1 | 12.2 | 17.4 | 25.0% |
| Total | 28.7 | 40.0 | 103 | 142 | 70.4% |
Top Suppliers of Iron and Non-Alloy Steel in Ingot to Croatia in 2022:
- Germany (45.9 tons)
- Italy (22.9 tons)
- Hungary (1.0 tons)
Exports of Iron and Non-Alloy Steel in Ingot in Croatia
In 2022, exports of iron and non-alloy steel in ingots from Croatia contracted notably to 12 tons, dropping by -99.8% against the year before. Overall, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 419,670% against the previous year. As a result, the exports attained the peak of 6K tons, and then fell dramatically in the following year.
In value terms, exports of iron and non-alloy steel in ingots dropped markedly to $39K in 2022. Over the period under review, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 294,736% against the previous year. As a result, the exports reached the peak of $20M, and then declined significantly in the following year.
| Export of Iron and Non-Alloy Steel in Ingot in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | N/A | N/A | N/A | N/A | 0% |
| Poland | N/A | N/A | 1.4 | N/A | 0% |
| Italy | N/A | N/A | 13.6 | N/A | 0% |
| Romania | N/A | N/A | 4.8 | N/A | 0% |
| Others | N/A | N/A | 0.3 | N/A | 0% |
| Total | N/A | N/A | 20.1 | N/A | 0% |
Top Export Markets for Iron and Non-Alloy Steel in Ingot from Croatia in 2022:
- Romania (6.4 tons)
- Slovenia (4.8 tons)
- Italy (0.3 tons)
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