Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the Czech Republic - 2023

Contents:

  1. Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the Czech Republic (CIF) - 2022
  2. Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the Czech Republic (FOB) - 2022
  3. Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the Czech Republic
  4. Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the Czech Republic

Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the Czech Republic (CIF) - 2022

The average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $5,524 per ton in 2022, waning by -6.2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 25%. As a result, import price reached the peak level of $5,886 per ton, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($11,718 per ton), while the price for Sweden ($1,438 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the Czech Republic (FOB) - 2022

The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $8,069 per ton in 2022, dropping by -37.8% against the previous year. Overall, the export price showed a perceptible downturn. The most prominent rate of growth was recorded in 2016 an increase of 59% against the previous year. The export price peaked at $13,772 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($15,431 per ton), while the average price for exports to Belarus ($5,850 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 Belarus (+55.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the Czech Republic

In 2022, purchases abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia increased by 120% to 4.9K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a noticeable decrease.

In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $27M in 2022. In general, imports enjoyed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16.513.29.522.811.4%
Italy1.81.81.42.613.0%
United Kingdom0.10.10.91.2128.9%
SwedenN/A0.10.10.241.4%
Others2.21.01.20.5-39.0%
Total20.616.213.227.29.7%

Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to the Czech Republic in 2022:

  1. Germany (4189.6 tons)
  2. Italy (425.4 tons)
  3. Sweden (127.6 tons)
  4. United Kingdom (101.3 tons)

Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the Czech Republic

In 2022, the amount of steel, stainless; semi-finished products, other than of rectangular cross-sectia exported from the Czech Republic contracted markedly to 168 tons, with a decrease of -26.6% compared with the year before. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 0.2% against the previous year.

In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia dropped dramatically to $1.4M in 2022. In general, exports continue to indicate a significant contraction. The pace of growth was the most pronounced in 2020 when exports increased by 15% against the previous year. As a result, the exports attained the peak of $3.1M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey14620882.153554.2%
Canada16411016537631.9%
BelarusN/AN/A103243135.9%
Germany1,9012,4542,314101-62.4%
Switzerland80.176.121.655.7-11.4%
Russia88.10.1N/AN/A-99.9%
Serbia61.7N/A18.3N/A-45.5%
Poland55.811664.7N/A7.7%
Ukraine21590.169.0N/A-43.3%
Others32.493.313645.512.0%
Total2,7443,1472,9731,356-20.9%

Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from the Czech Republic in 2022:

  1. Turkey (81.0 tons)
  2. Belarus (41.5 tons)
  3. Canada (28.3 tons)
  4. Switzerland (7.7 tons)
  5. Germany (6.6 tons)

Source: IndexBox Market Intelligence Platform

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