Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Croatia - 2023
Contents:
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Croatia (CIF) - 2023
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Croatia (FOB) - 2022
- Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Croatia
- Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Croatia
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Croatia (CIF) - 2023
The average import price for stainless steel bars and rods, angles, shapes and sectionses stood at $3,753 per ton in October 2023, with a decrease of -44.8% against the previous month. In general, the import price saw a perceptible contraction. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 28% against the previous month. As a result, import price attained the peak level of $7,601 per ton. From September 2023 to October 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From October 2022 to October 2023, the rate of growth in terms of prices for Austria amounted to +2.2% per month.
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Croatia (FOB) - 2022
The average export price for stainless steel bars and rods, angles, shapes and sectionses stood at $4,739 per ton in 2022, picking up by 8.9% against the previous year. In general, the export price, however, recorded a slight reduction. The growth pace was the most rapid in 2017 when the average export price increased by 20%. Over the period under review, the average export prices hit record highs at $5,806 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($10,814 per ton), while the average price for exports to Germany ($2,775 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 Mexico (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Croatia
In 2022, overseas purchases of stainless steel bars and rods, angles, shapes and sectionses decreased by -23.3% to 4.5K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports attained the peak of 5.8K tons, and then fell markedly in the following year.
In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses skyrocketed to $29M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.5 | 5.2 | 7.5 | 7.7 | 5.8% |
| Slovenia | 3.1 | 3.9 | 4.5 | 7.4 | 33.6% |
| Italy | 5.1 | 5.4 | 4.3 | 4.9 | -1.3% |
| Austria | 2.6 | 4.4 | 3.4 | 4.8 | 22.7% |
| Poland | 0.6 | 0.7 | 1.2 | 2.0 | 49.4% |
| India | 0.5 | 0.2 | 0.4 | 0.9 | 21.6% |
| Bulgaria | N/A | N/A | 0.5 | 0.2 | -60.0% |
| Others | 0.6 | 0.2 | 0.3 | 0.6 | 0.0% |
| Total | 18.9 | 20.1 | 22.1 | 28.5 | 14.7% |
Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Croatia in 2022:
- Slovenia (1212.0 tons)
- Germany (993.3 tons)
- Austria (766.2 tons)
- Italy (691.2 tons)
- Poland (421.4 tons)
- India (230.4 tons)
- Bulgaria (72.1 tons)
Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Croatia
For the fourth year in a row, Croatia recorded growth in overseas shipments of stainless steel bars and rods, angles, shapes and sectionses, which increased by 52% to 386 tons in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of stainless steel bars and rods, angles, shapes and sectionses surged to $1.8M in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 198 | 252 | 348 | 548 | 40.4% |
| Slovenia | 113 | 152 | 163 | 476 | 61.5% |
| United Kingdom | 3.9 | 118 | N/A | 216 | 281.2% |
| Mexico | 453 | 116 | N/A | 161 | -29.2% |
| Austria | 6.7 | 9.3 | 10.1 | 95.6 | 142.5% |
| Poland | N/A | 72.4 | 195 | 88.0 | 10.2% |
| Germany | 30.5 | 78.7 | 111 | 76.7 | 36.0% |
| Serbia | 166 | 142 | 177 | 63.4 | -27.4% |
| Others | 58.8 | 46.6 | 99.6 | 104 | 20.9% |
| Total | 1,029 | 987 | 1,104 | 1,829 | 21.1% |
Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from Croatia in 2022:
- Slovenia (151.2 tons)
- Bosnia and Herzegovina (91.8 tons)
- United Kingdom (44.4 tons)
- Germany (27.6 tons)
- Mexico (14.9 tons)
- Serbia (13.3 tons)
- Austria (12.9 tons)
- Poland (10.8 tons)
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