Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Croatia - 2023
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Croatia (CIF) - 2023
- Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Croatia
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Croatia (CIF) - 2023
In December 2023, the average import price for steel, alloy amounted to $4,187 per ton, waning by -3.9% against the previous month. In general, the import price saw a slight decrease. The pace of growth appeared the most rapid in February 2023 an increase of 5.4% against the previous month. The import price peaked at $5,195 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the countries with the highest prices were Germany ($4,527 per ton) and the United States ($4,495 per ton), while the price for Poland ($3,327 per ton) and Japan ($4,200 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (0.0%), while the prices for the other major suppliers experienced a decline.
Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Croatia
For the fourth consecutive year, Croatia recorded growth in purchases abroad of steel, alloy, which increased by 33% to 19K tons in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, alloy surged to $73M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Croatia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | 0.5 | 7.7 | 26.3 | 625.3% |
Japan | 7.7 | 8.8 | 8.8 | 11.9 | 15.6% |
South Korea | 4.0 | 6.6 | 7.4 | 11.6 | 42.6% |
Poland | 1.9 | 3.5 | 3.5 | 5.6 | 43.4% |
China | N/A | 2.2 | 4.4 | 5.4 | 56.7% |
Netherlands | 0.2 | N/A | N/A | 4.8 | 188.4% |
Czech Republic | 1.3 | 1.9 | 2.5 | 1.8 | 11.5% |
Belgium | 7.8 | 5.0 | N/A | 1.8 | -38.7% |
Others | 1.8 | 0.6 | 3.2 | 3.4 | 23.6% |
Total | 24.7 | 29.0 | 37.5 | 72.6 | 43.2% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented to Croatia in 2022:
- Germany (6.0K tons)
- Japan (3.0K tons)
- South Korea (2.8K tons)
- Netherlands (1.6K tons)
- Poland (1.6K tons)
- China (1.2K tons)
- Belgium (0.8K tons)
- Czech Republic (0.6K tons)
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