Price for Stainless Steel in Ingots or Other Primary Forms in Slovenia - 2023
Contents:
- Price for Stainless Steel in Ingots or Other Primary Forms in Slovenia (FOB) - 2022
- Price for Stainless Steel in Ingots or Other Primary Forms in Slovenia (CIF) - 2022
- Exports of Stainless Steel in Ingots or Other Primary Forms in Slovenia
- Imports of Stainless Steel in Ingots or Other Primary Forms in Slovenia
Price for Stainless Steel in Ingots or Other Primary Forms in Slovenia (FOB) - 2022
The average export price for stainless steel in ingots or other primary forms stood at $4,208 per ton in 2022, increasing by 28% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. 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 2022, amid the top suppliers, the country with the highest price was Switzerland ($47,935 per ton), while the average price for exports to the United States ($1,157 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 Switzerland (+32.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Stainless Steel in Ingots or Other Primary Forms in Slovenia (CIF) - 2022
In 2022, the average import price for stainless steel in ingots or other primary forms amounted to $4,660 per ton, approximately equating the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 91% against the previous year. As a result, import price attained the peak level of $10,377 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($44,243 per ton), while the price for China ($2,724 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Stainless Steel in Ingots or Other Primary Forms in Slovenia
In 2022, exports of stainless steel in ingots or other primary forms from Slovenia contracted to 2.1K tons, dropping by -14.7% compared with the year before. In general, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year.
In value terms, exports of stainless steel in ingots or other primary forms expanded significantly to $8.8M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.4% 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 +54.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Stainless Steel in Ingots or Other Primary Forms in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.5 | 3.1 | 4.7 | 4.3 | 7.1% |
| Italy | 1.2 | 0.9 | 1.0 | 2.1 | 20.5% |
| Austria | 0.8 | 0.8 | 1.1 | 1.4 | 20.5% |
| Croatia | N/A | N/A | 0.5 | 0.5 | 0.0% |
| Bosnia and Herzegovina | 0.1 | 0.2 | 0.3 | 0.4 | 58.7% |
| Russia | 0.6 | 0.4 | 0.2 | N/A | -42.3% |
| South Korea | 0.4 | 0.3 | N/A | N/A | -25.0% |
| Serbia | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 6.7 | 5.7 | 8.1 | 8.8 | 9.5% |
Top Export Markets for Stainless Steel in Ingots or Other Primary Forms from Slovenia in 2022:
- Germany (909.1 tons)
- Italy (696.4 tons)
- Austria (310.9 tons)
- Bosnia and Herzegovina (68.0 tons)
- Croatia (54.3 tons)
- Serbia (41.8 tons)
Imports of Stainless Steel in Ingots or Other Primary Forms in Slovenia
In 2022, imports of stainless steel in ingots or other primary forms into Slovenia expanded rapidly to 400 tons, picking up by 12% compared with the previous year. Overall, imports, however, showed a deep slump.
In value terms, imports of stainless steel in ingots or other primary forms rose significantly to $1.9M in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel in Ingots or Other Primary Forms in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 257 | 607 | 617 | 54.9% |
| Germany | 294 | 490 | 502 | 537 | 22.2% |
| Italy | 76.4 | 99.4 | 173 | 290 | 56.0% |
| India | N/A | 20.9 | 16.4 | 182 | 195.1% |
| Czech Republic | 285 | 70.9 | 166 | 139 | -21.3% |
| Austria | 850 | 755 | 109 | 63.0 | -58.0% |
| Croatia | N/A | 79.8 | 49.2 | 34.1 | -34.6% |
| Others | 106 | 17.0 | 27.2 | 3.6 | -67.6% |
| Total | 1,610 | 1,790 | 1,650 | 1,866 | 5.0% |
Top Suppliers of Stainless Steel in Ingots or Other Primary Forms to Slovenia in 2022:
- China (226.5 tons)
- Italy (70.9 tons)
- Czech Republic (37.2 tons)
- Germany (34.8 tons)
- India (19.7 tons)
- Croatia (11.4 tons)
- Austria (1.4 tons)
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