Slovakia: Stainless Steel Angle Market 2024

Stainless Steel Angle Market Size in Slovakia

In 2022, the Slovak stainless steel angle market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, saw a pronounced decrease. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Stainless Steel Angle Production in Slovakia

In value terms, stainless steel angle production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt contraction. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

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Stainless Steel Angle Exports

Exports from Slovakia

In 2022, exports of angles, shapes and sections of stainless steel or other alloy steel from Slovakia reduced modestly to X tons, which is down by X% on the previous year's figure. Over the period under review, exports showed a abrupt setback. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, stainless steel angle exports rose markedly to $X in 2022. In general, exports, however, recorded a noticeable expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for stainless steel angle exports from Slovakia, accounting for a X% share of total exports. Moreover, stainless steel angle exports to Germany exceeded the volume sent to the second major destination, France (X tons), threefold. The Czech Republic (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and the Czech Republic (X% per year).

In value terms, Germany ($X) remains the key foreign market for angles, shapes and sections of stainless steel or other alloy steel exports from Slovakia, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Switzerland (X% per year).

Export Prices by Country

The average stainless steel angle export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price recorded buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the Czech Republic ($X 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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Stainless Steel Angle Imports

Imports into Slovakia

In 2022, approx. X tons of angles, shapes and sections of stainless steel or other alloy steel were imported into Slovakia; surging by X% on the previous year. Over the period under review, imports saw a prominent increase. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, stainless steel angle imports skyrocketed to $X in 2022. Overall, imports posted a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of stainless steel angle to Slovakia, accounting for a X% share of total imports. Moreover, stainless steel angle imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. France (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and France (X% per year).

In value terms, Germany ($X), France ($X) and Poland ($X) constituted the largest stainless steel angle suppliers to Slovakia, with a combined X% share of total imports.

France, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average stainless steel angle import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price, however, recorded a abrupt downturn. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Poland ($X 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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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