Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovakia - 2023
Contents:
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovakia (CIF) - 2022
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovakia (FOB) - 2023
- Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovakia
- Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovakia
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovakia (CIF) - 2022
In 2022, the average import price for stainless steel bars and rods, angles, shapes and sectionses amounted to $4,417 per ton, growing by 29% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $4,722 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Austria ($6,833 per ton), while the price for Germany ($3,242 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovakia (FOB) - 2023
In October 2023, the average export price for stainless steel bars and rods, angles, shapes and sectionses amounted to $27,644 per ton, rising by 224% against the previous month. Over the period under review, the export price posted a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Switzerland ($30,407 per ton), while the average price for exports to China amounted to $15,974 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovakia
In 2022, after three years of growth, there was decline in overseas purchases of stainless steel bars and rods, angles, shapes and sectionses, when their volume decreased by -4.9% to 11K tons. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 22%. As a result, imports attained the peak of 11K tons, and then shrank modestly in the following year.
In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses skyrocketed to $47M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.3% 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 +54.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 26%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.8 | 7.7 | 10.2 | 13.3 | 25.1% |
| Italy | 5.1 | 4.6 | 7.9 | 9.4 | 22.6% |
| France | 4.8 | 5.3 | 7.0 | 8.3 | 20.0% |
| Czech Republic | 4.6 | 6.4 | 4.8 | 3.8 | -6.2% |
| Poland | 1.0 | 1.0 | 1.2 | 3.1 | 45.8% |
| Netherlands | N/A | 0.5 | N/A | 2.9 | 140.8% |
| Austria | 2.1 | 1.7 | 1.9 | 2.2 | 1.6% |
| India | 4.0 | 0.9 | 2.3 | 1.4 | -29.5% |
| Others | 3.0 | 2.2 | 2.9 | 2.5 | -5.9% |
| Total | 31.4 | 30.3 | 38.3 | 46.9 | 14.3% |
Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Slovakia in 2022:
- Germany (4.1K tons)
- Italy (1.9K tons)
- France (1.5K tons)
- Czech Republic (0.7K tons)
- Poland (0.7K tons)
- Netherlands (0.6K tons)
- India (0.4K tons)
- Austria (0.3K tons)
Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovakia
In 2022, shipments abroad of stainless steel bars and rods, angles, shapes and sectionses was finally on the rise to reach 572 tons after two years of decline. In general, exports, however, saw a abrupt setback.
In value terms, exports of stainless steel bars and rods, angles, shapes and sectionses soared to $6.1M in 2022. Over the period under review, exports, however, saw a dramatic downturn.
| Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.0 | 2.5 | 3.0 | 3.4 | 4.3% |
| Czech Republic | 7.8 | 6.3 | 0.8 | 1.2 | -46.4% |
| France | 0.3 | 0.3 | 0.3 | 0.8 | 38.7% |
| Italy | N/A | N/A | N/A | 0.1 | 0% |
| Poland | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Hungary | 0.4 | N/A | N/A | 0.1 | -37.0% |
| Russia | 0.5 | N/A | N/A | N/A | 0% |
| Belgium | N/A | 0.3 | 0.4 | N/A | 33.3% |
| Others | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Total | 12.4 | 9.8 | 5.0 | 6.1 | -21.1% |
Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from Slovakia in 2022:
- Czech Republic (230.3 tons)
- Germany (196.3 tons)
- France (74.9 tons)
- Italy (20.7 tons)
- Hungary (17.7 tons)
- Poland (10.0 tons)
- Belgium (4.7 tons)
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