Report Update: May 1, 2024

Slovakia - Railway or Tramway Track Construction Material of Iron or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Steel Railway Material Price in Slovakia - 2023

Steel Railway Material Price in Slovakia (CIF) - 2023

The average steel railway material import price stood at $3,736 per ton in June 2023, growing by 93% against the previous month. Over the period under review, the import price showed a temperate expansion. The pace of growth appeared the most rapid in October 2022 an increase of 306% month-to-month. Over the period under review, average import prices hit record highs at $4,260 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($4,499 per ton), while the price for Poland totaled $1,436 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Steel Railway Material Price in Slovakia (FOB) - 2023

In May 2023, the average steel railway material export price amounted to $4,767 per ton, flattening at the previous month. In general, the export price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in June 2022 an increase of 110% against the previous month. The export price peaked at $8,048 per ton in March 2023; however, from April 2023 to May 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In May 2023, the countries with the highest prices were the Czech Republic ($5,458 per ton) and Sweden ($5,255 per ton), while the average price for exports to Germany ($4,090 per ton) and Austria ($4,721 per ton) were amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Steel Railway Material Imports in Slovakia

In 2022, imports of railway material of steel into Slovakia contracted to 12K tons, dropping by -11.4% on the previous year. In general, imports showed a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 9.2% against the previous year.

In value terms, steel railway material imports shrank markedly to $22M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 39%. As a result, imports reached the peak of $28M, and then shrank notably in the following year.

Import of Steel Railway Material in Slovakia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Czech Republic	11.1	11.3	16.1	14.9	10.3%
Austria	7.4	4.8	4.6	3.5	-22.1%
Poland	1.3	1.0	2.0	2.7	27.6%
Germany	1.2	1.4	1.0	0.4	-30.7%
Others	1.5	1.9	4.7	0.4	-35.6%
Total	22.5	20.4	28.3	21.9	-0.9%

Top Suppliers of Steel Railway Material to Slovakia in 2022:

Czech Republic (6.0K tons)
Austria (3.6K tons)
Poland (2.6K tons)
Germany (0.1K tons)

Steel Railway Material Exports in Slovakia

In 2022, overseas shipments of railway material of steel decreased by -38.6% to 3.8K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a slight decline. The most prominent rate of growth was recorded in 2020 with an increase of 51% against the previous year.

In value terms, steel railway material exports fell remarkably to $16M in 2022. Overall, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 70% against the previous year.

Export of Steel Railway Material in Slovakia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Czech Republic	9.0	14.9	21.9	12.1	10.4%
Germany	N/A	0.8	0.9	2.3	69.6%
Austria	0.7	0.4	0.7	1.1	16.3%
Slovenia	N/A	N/A	N/A	0.3	0%
Ukraine	N/A	0.5	N/A	N/A	0%
Others	0.1	N/A	N/A	0.1	0.0%
Total	9.8	16.6	23.5	15.8	17.3%

Top Export Markets for Steel Railway Material from Slovakia in 2022:

Czech Republic (2844.7 tons)
Germany (612.2 tons)
Austria (169.3 tons)
Slovenia (121.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the steel railway material market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24107500 - Railway material (of steel)

Country coverage:

Slovakia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Slovakia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023