Report Slovakia - Iron and Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Dec 9, 2022

Slovakia - Iron and Steel - Market Analysis, Forecast, Size, Trends and Insights
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Slovakia: Iron And Steel Market 2022

Iron And Steel Market Size in Slovakia

The Slovak iron and steel market dropped to $X in 2021, which is down by -5.1% against the previous year. In general, consumption saw a slight contraction. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Iron And Steel Production in Slovakia

In value terms, iron and steel production contracted to $X in 2021 estimated in export price. Overall, production showed a abrupt setback. The growth pace was the most rapid in 2014 with an increase of 114%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Iron And Steel Exports

Exports from Slovakia

In 2021, overseas shipments of iron and steel increased by 50% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, showed a mild setback. The growth pace was the most rapid in 2020 with an increase of 126%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, iron and steel exports soared to $X in 2021. In general, exports, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 179% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons), Hungary (X tons) and the Czech Republic (X tons) were the main destinations of iron and steel exports from Slovakia, with a combined 75% share of total exports.

From 2012 to 2022, the biggest increases were in Italy (with a CAGR of +101.0%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for iron and steel exported from Slovakia were Italy ($X), Hungary ($X) and the Czech Republic ($X), together comprising 75% of total exports. Moreover, iron and steel exports in Italy exceeded the figures recorded by the second-largest exporter, Hungary, more than tenfold.

Italy, with a CAGR of +147.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average iron and steel export price stood at less than $X per ton in 2022, reducing by 99.9% against the previous year. In general, the export price showed a noticeable contraction. The most prominent rate of growth was recorded in 2014 an increase of 102% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Italy ($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 Italy (+23.3%), while the prices for the other major destinations experienced mixed trend patterns.

Iron And Steel Imports

Imports into Slovakia

In 2021, supplies from abroad of iron and steel decreased by -17.6% to X tons, falling for the fifth consecutive year after two years of growth. Over the period under review, imports recorded a perceptible slump. The most prominent rate of growth was recorded in 2016 when imports increased by 40% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, iron and steel imports skyrocketed to $X in 2021. In general, imports recorded a mild contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Ukraine (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of iron and steel imports to Slovakia, with a combined 60% share of total imports.

From 2012 to 2022, the biggest increases were in Ukraine (with a CAGR of +82.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Ukraine ($X) and Poland ($X) constituted the largest iron and steel suppliers to Slovakia, with a combined 60% share of total imports.

Among the main suppliers, Ukraine, with a CAGR of +91.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average iron and steel import price stood at less than $X per ton in 2022, dropping by 99.9% against the previous year. In general, the import price, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2021 an increase of 57% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, the country with the highest price was Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for iron and steel in the world?
+
China remains the largest iron and steel consuming country worldwide, comprising approx. 55% of total volume. Moreover, iron and steel consumption in China exceeded the figures recorded by the second-largest consumer, Japan, more than tenfold. The third position in this ranking was taken by India, with a 5.1% share.
What are the largest producers of iron and steel in the world?
+
The country with the largest volume of iron and steel production was China, accounting for 55% of total volume. Moreover, iron and steel production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. Japan ranked third in terms of total production with a 5.1% share.
What are the leading suppliers of iron and steel to Slovakia?
+
In value terms, Germany, Ukraine and Poland were the largest iron and steel suppliers to Slovakia, together comprising 60% of total imports.
What are the leading importers of iron and steel from Slovakia?
+
In value terms, the largest markets for iron and steel exported from Slovakia were Italy, Hungary and the Czech Republic, together comprising 75% of total exports. Moreover, iron and steel exports in Italy exceeded the figures recorded by the second-largest exporter, Hungary, more than tenfold.
What is the average export price for iron and steel in Slovakia?
+
The average iron and steel export price stood at less than $0.1 per ton in 2022, shrinking by 99.9% against the previous year.
What is the average import price for iron and steel in Slovakia?
+
In 2022, the average iron and steel import price amounted to less than $0.1 per ton, waning by 99.9% against the previous year.

This report provides an in-depth analysis of the iron and steel 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:
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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