Price for Steel, Stainless; Angles, Shapes and Sections in Croatia - 2023
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Croatia (CIF) - 2023
- Price for Steel, Stainless; Angles, Shapes and Sections in Croatia (FOB) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Croatia
- Exports of Steel, Stainless; Angles, Shapes and Sections in Croatia
Price for Steel, Stainless; Angles, Shapes and Sections in Croatia (CIF) - 2023
In December 2023, the average import price for steel, stainless amounted to $8,527 per ton, increasing by 5.6% against the previous month. In general, the import price, however, showed a perceptible descent. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 80% m-o-m. Over the period under review, average import prices hit record highs at $11,358 per ton in June 2023; however, from July 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($16,439 per ton), while the price for Poland ($3,405 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.7%), while the prices for the other major suppliers experienced a decline.
Price for Steel, Stainless; Angles, Shapes and Sections in Croatia (FOB) - 2022
In 2022, the average export price for steel, stainless amounted to $8,305 per ton, declining by -18.9% against the previous year. Overall, the export price, however, showed strong growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 991%. As a result, the export price attained the peak level of $24,965 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($16,983 per ton), while the average price for exports to Bosnia and Herzegovina ($2,390 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 the UK (+69.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Angles, Shapes and Sections in Croatia
In 2022, approx. 171 tons of steel, stainless were imported into Croatia; falling by -19.4% compared with the previous year's figure. Overall, imports showed a abrupt decline. The smallest decline of -1.9% was in 2021.
In value terms, imports of steel, stainless expanded to $1.3M in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Steel, Stainless; Angles, Shapes and Sections in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 99.9 | 180 | 146 | 311 | 46.0% |
| Germany | 322 | 263 | 391 | 306 | -1.7% |
| Poland | 76.3 | 116 | 285 | 249 | 48.3% |
| Italy | 472 | 410 | 234 | 207 | -24.0% |
| Austria | 84.2 | 107 | 93.0 | 146 | 20.1% |
| Bulgaria | N/A | 1.2 | 53.7 | 22.7 | 334.9% |
| China | 3.9 | 7.3 | 15.7 | 17.7 | 65.6% |
| India | 53.9 | 18.5 | 27.5 | N/A | -28.6% |
| Others | 24.6 | 25.7 | 41.7 | 47.9 | 24.9% |
| Total | 1,137 | 1,129 | 1,287 | 1,307 | 4.8% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Croatia in 2022:
- Poland (48.2 tons)
- Slovenia (39.7 tons)
- Germany (27.5 tons)
- Italy (23.9 tons)
- Austria (12.0 tons)
- Bulgaria (11.5 tons)
- China (4.1 tons)
Exports of Steel, Stainless; Angles, Shapes and Sections in Croatia
In 2022, shipments abroad of steel, stainless increased by 998% to 54 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless skyrocketed to $441K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; Angles, Shapes and Sections in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 0.1 | N/A | 216 | 4547.6% |
| Austria | N/A | 5.2 | N/A | 91.3 | 319.0% |
| Bosnia and Herzegovina | 4.6 | 5.0 | 4.5 | 57.4 | 131.9% |
| Germany | 0.1 | N/A | 3.1 | 49.5 | 691.0% |
| Slovenia | 2.0 | 11.4 | 3.5 | 15.9 | 99.6% |
| Serbia | 36.4 | 0.6 | 30.1 | 5.1 | -48.1% |
| Romania | 9.8 | N/A | N/A | N/A | 0% |
| Others | 8.9 | 15.0 | 13.1 | 5.9 | -12.8% |
| Total | 61.8 | 37.5 | 54.4 | 441 | 92.5% |
Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Croatia in 2022:
- Bosnia and Herzegovina (24.0 tons)
- United Kingdom (14.2 tons)
- Austria (6.8 tons)
- Germany (6.3 tons)
- Slovenia (1.5 tons)
- Serbia (0.3 tons)
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