Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovenia - 2023

Contents:

  1. Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovenia (CIF) - 2022
  2. Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovenia (FOB) - 2022
  3. Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovenia
  4. Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovenia

Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovenia (CIF) - 2022

The average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s stood at $2,512 per ton in 2022, jumping by 26% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 51% against the previous year. The import price peaked at $2,563 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,692 per ton), while the price for the Czech Republic ($1,205 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+20.3%), 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 Slovenia (FOB) - 2022

In 2022, the average export price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s amounted to $2,441 per ton, increasing by 11% against the previous year. Over the period under review, the export price saw a strong increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 38%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Hungary.

From 2017 to 2022, the rate of growth in terms of prices for Hungary amounted to +5.8% per year.

Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovenia

In 2022, overseas purchases of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s decreased by -21.6% to 89 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 42% against the previous year. As a result, imports attained the peak of 289 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s fell modestly to $223K in 2022. In general, imports faced a deep reduction. The growth pace was the most rapid in 2020 with an increase of 45% against the previous year. As a result, imports reached the peak of $581K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary342359109113-30.9%
Italy57.927.533.792.616.9%
PolandN/A19481.511.1-76.1%
Czech RepublicN/AN/AN/A6.90%
OthersN/AN/A1.5N/A0%
Total400581226223-17.7%

Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to Slovenia in 2022:

  1. Hungary (43.6 tons)
  2. Italy (34.4 tons)
  3. Czech Republic (5.7 tons)
  4. Poland (5.1 tons)

Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovenia

In 2022, approx. 1 tons of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s were exported from Slovenia; increasing by 1,146% against 2021. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s skyrocketed to $2.5K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovenia (USD)
COUNTRY20212022CAGR,
2021-2022
Hungary1242,4801900.0%
Poland56.015.0-73.2%
OthersN/AN/A0%
Total1802,4951286.1%

Top Export Markets for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) from Slovenia in 2022:

  1. Hungary (1015.0 kg)
  2. Poland (7.0 kg)

Source: IndexBox Market Intelligence Platform

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