Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Slovakia - 2023

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Slovakia (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Slovakia (FOB) - 2023
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Slovakia
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Slovakia

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Slovakia (CIF) - 2022

In 2022, the average import price for tubing; flexible, with or without fittings, of base metals amounted to $2,436 per ton, surging by 9% against the previous year. In general, the import price, however, faced a abrupt curtailment. Over the period under review, average import prices hit record highs at $8,840 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 Turkey ($12,015 per ton), while the price for the Czech Republic ($1,239 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.2%), while the prices for the other major suppliers experienced a decline.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Slovakia (FOB) - 2023

In November 2023, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $40,603 per ton, picking up by 6.8% against the previous month. In general, export price indicated a pronounced expansion from December 2022 to November 2023: its price increased at an average monthly rate of +4.3% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for tubing; flexible, with or without fittings, of base metals increased by +39.5% against August 2023 indices. The pace of growth appeared the most rapid in June 2023 an increase of 133% against the previous month. As a result, the export price reached the peak level of $46,957 per ton. From July 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Kyrgyzstan ($55,202 per ton), while the average price for exports to India ($12,609 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Slovakia

In 2022, imports of tubing; flexible, with or without fittings, of base metals into Slovakia surged to 7K tons, growing by 43% against the year before. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.0% 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 +60.1% 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 tubing; flexible, with or without fittings, of base metals surged to $17M in 2022. Overall, imports, however, recorded a relatively flat trend pattern.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Slovakia in 2022:

1. South Korea (2231.8 tons)
2. Germany (2216.3 tons)
3. Czech Republic (1472.4 tons)
4. France (320.1 tons)
5. Poland (238.6 tons)
6. Spain (135.5 tons)
7. Turkey (100.8 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Slovakia

For the third consecutive year, Slovakia recorded decline in overseas shipments of tubing; flexible, with or without fittings, of base metals, which decreased by -20.5% to 84 tons in 2022. Overall, exports saw a sharp decrease. The smallest decline of -16.1% was in 2021.

In value terms, exports of tubing; flexible, with or without fittings, of base metals shrank notably to $2.5M in 2022. Over the period under review, exports saw a deep downturn. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Slovakia in 2022:

1. Germany (29.4 tons)
2. Czech Republic (12.7 tons)
3. China (12.0 tons)
4. Poland (11.0 tons)
5. Hungary (6.4 tons)
6. Austria (4.4 tons)
7. Slovenia (4.2 tons)

Source: IndexBox Market Intelligence Platform