Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Croatia - 2023
Contents:
- Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Croatia (CIF) - 2022
- Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Croatia (FOB) - 2022
- Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Croatia
- Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Croatia
Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Croatia (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s amounted to $12,580 per ton, falling by -12.3% against the previous year. Over the period under review, the import price, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 an increase of 174% against the previous year. As a result, import price reached the peak level of $14,339 per ton, and then fell in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($30,934 per ton), while the price for Hungary ($3,589 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+42.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Croatia (FOB) - 2022
The average export price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s stood at $3,730 per ton in 2022, with an increase of 94% against the previous year. In general, export price indicated a buoyant expansion from 2014 to 2022: its price increased at an average annual rate of +6.2% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s decreased by -7.1% against 2019 indices. The export price peaked at $4,014 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.
From 2014 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to +6.2% per year.
Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Croatia
In 2022, after two years of decline, there was significant growth in overseas purchases of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s, when their volume increased by 107% to 1.7 tons. Overall, imports, however, recorded a dramatic decrease.
In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s surged to $22K in 2022. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 10.3 | 0% |
| Slovenia | N/A | N/A | 6.4 | 5.2 | -18.8% |
| Hungary | 12.3 | 5.5 | 0.6 | 3.6 | -33.6% |
| Czech Republic | N/A | N/A | 4.8 | 2.6 | -45.8% |
| Others | N/A | 4.0 | 0.2 | N/A | -95.0% |
| Total | 12.3 | 9.5 | 12.0 | 21.7 | 20.8% |
Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to Croatia in 2022:
- Hungary (1015.0 kg)
- Germany (333.0 kg)
- Slovenia (245.0 kg)
- Czech Republic (134.0 kg)
Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Croatia
In 2022, after two years of decline, there was significant growth in overseas shipments of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s, when their volume increased by 1,624% to 5.5 tons. Over the period under review, exports, however, recorded a noticeable contraction.
In value terms, exports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s skyrocketed to $21K in 2022. In general, exports, however, recorded a abrupt curtailment.
| Export of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 24.6 | 6.8 | 0.6 | 20.6 | -5.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 24.6 | 6.8 | 0.6 | 20.6 | -5.7% |
Top Export Markets for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) from Croatia in 2022:
- Bosnia and Herzegovina (5.5 tons)
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