Price for Steel, Alloy; Semi-Finished Products in Slovakia - 2023
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Slovakia (FOB) - 2022
- Price for Steel, Alloy; Semi-Finished Products in Slovakia (CIF) - 2022
- Exports of Steel, Alloy; Semi-Finished Products in Slovakia
- Imports of Steel, Alloy; Semi-Finished Products in Slovakia
Price for Steel, Alloy; Semi-Finished Products in Slovakia (FOB) - 2022
The average steel, alloy; semi-finished products export price stood at $903 per ton in 2022, with an increase of 26% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, steel, alloy; semi-finished products export price decreased by -9.3% against 2018 indices. The growth pace was the most rapid in 2018 when the average export price increased by 77% against the previous year. As a result, the export price attained the peak level of $996 per ton. From 2019 to 2022, the average 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 Germany ($1,010 per ton), while the average price for exports to the Czech Republic ($605 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 Italy (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Alloy; Semi-Finished Products in Slovakia (CIF) - 2022
The average steel, alloy; semi-finished products import price stood at $1,865 per ton in 2022, rising by 11% against the previous year. Overall, the import price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2019 an increase of 168% against the previous year. The import price peaked at $5,103 per ton in 2013; however, from 2014 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 Germany ($12,166 per ton), while the price for Italy ($938 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+134.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Alloy; Semi-Finished Products in Slovakia
After three years of growth, overseas shipments of steel, alloy; semi-finished productses decreased by -16.2% to 2.3K tons in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 189% against the previous year. As a result, the exports reached the peak of 2.7K tons, and then dropped sharply in the following year.
In value terms, steel, alloy; semi-finished products exports stood at $2.1M in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 150% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Steel, Alloy; Semi-Finished Products in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 175 | 1,758 | 1,703 | 212.0% |
| Germany | 265 | 340 | 91.0 | 197 | -9.4% |
| Czech Republic | 41.5 | 262 | 110 | 175 | 61.6% |
| Others | 75.2 | 8.9 | 8.4 | 0.2 | -86.1% |
| Total | 381 | 786 | 1,967 | 2,076 | 76.0% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Slovakia in 2022:
- Italy (1814.2 tons)
- Czech Republic (290.0 tons)
- Germany (194.7 tons)
Imports of Steel, Alloy; Semi-Finished Products in Slovakia
In 2022, the amount of steel, alloy; semi-finished productses imported into Slovakia shrank to 630 tons, which is down by -6.9% on the previous year's figure. Over the period under review, imports showed a deep reduction. The growth pace was the most rapid in 2021 with an increase of 70%.
In value terms, steel, alloy; semi-finished products imports totaled $1.2M in 2022. In general, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 25%.
| Import of Steel, Alloy; Semi-Finished Products in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 640 | 451 | 556 | 729 | 4.4% |
| Austria | 450 | 297 | 214 | 234 | -19.6% |
| Russia | 15.6 | N/A | N/A | 87.6 | 77.7% |
| Hungary | 243 | 47.8 | 147 | 82.2 | -30.3% |
| Italy | 19.1 | 0.1 | 81.6 | 22.0 | 4.8% |
| Poland | 62.4 | 15.4 | 17.4 | 15.0 | -37.8% |
| Germany | 2,536 | 40.5 | 31.4 | 1.5 | -91.6% |
| Slovenia | N/A | 45.0 | 94.3 | N/A | 109.6% |
| Others | 94.4 | 17.0 | 0.6 | 4.1 | -64.8% |
| Total | 4,060 | 914 | 1,141 | 1,175 | -33.9% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Slovakia in 2022:
- Czech Republic (450.9 tons)
- Russia (63.9 tons)
- Hungary (54.8 tons)
- Austria (32.0 tons)
- Italy (23.5 tons)
- Poland (4.7 tons)
- Germany (0.1 tons)
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