Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Slovakia - 2023

Contents:

  1. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Slovakia (CIF) - 2022
  2. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Slovakia (FOB) - 2022
  3. Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Slovakia
  4. Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Slovakia

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Slovakia (CIF) - 2022

In 2022, the average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $4,439 per ton, increasing by 15% against the previous year. Overall, the import price, however, showed a mild contraction. The pace of growth appeared the most rapid in 2016 an increase of 58% against the previous year. Over the period under review, average import prices hit record highs at $4,928 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($11,180 per ton), while the price for Austria ($1,853 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 (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Slovakia (FOB) - 2022

The average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $4,057 per ton in 2022, which is down by -25.6% against the previous year. In general, the export price showed a noticeable reduction. The growth pace was the most rapid in 2018 when the average export price increased by 31%. The export price peaked at $6,898 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($15,835 per ton), while the average price for exports to Ukraine ($1,805 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 (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Slovakia

Imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s into Slovakia shrank to 1.6K tons in 2022, declining by -8.2% compared with the previous year. Overall, imports, however, showed a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 94% against the previous year. As a result, imports reached the peak of 1.7K tons, and then contracted in the following year.

In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s expanded sharply to $7M in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 109%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.

Import of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.62.13.95.226.0%
Netherlands0.30.31.00.732.6%
Czech Republic0.20.20.40.314.5%
SpainN/A0.20.30.322.5%
Austria0.40.10.60.2-20.6%
Others0.20.20.50.314.5%
Total3.63.26.67.024.8%

Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Slovakia in 2022:

  1. Germany (1206.1 tons)
  2. Netherlands (149.9 tons)
  3. Austria (111.7 tons)
  4. Czech Republic (33.1 tons)
  5. Spain (27.8 tons)

Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Slovakia

In 2022, after three years of growth, there was significant decline in overseas shipments of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s, when their volume decreased by -30.3% to 107 tons. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 257%. As a result, the exports reached the peak of 154 tons, and then dropped significantly in the following year.

In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s contracted markedly to $436K in 2022. Overall, exports, however, saw a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 273%. As a result, the exports attained the peak of $841K, and then reduced notably in the following year.

Export of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland41.932.618919065.5%
Ukraine6.70.6120108152.6%
Italy41.859.210591.529.8%
Netherlands3.512.7N/A24.491.0%
Germany81.610131411.9-47.4%
Others90.119.31149.8-52.3%
Total26622584143617.9%

Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Slovakia in 2022:

  1. Ukraine (60.0 tons)
  2. Poland (21.9 tons)
  3. Italy (17.0 tons)
  4. Netherlands (6.4 tons)
  5. Germany (1.5 tons)
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