Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Czech Republic - 2023
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Czech Republic (FOB) - 2023
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Czech Republic (CIF) - 2023
- Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Czech Republic
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Czech Republic
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Czech Republic (FOB) - 2023
The average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $964 per ton in August 2023, rising by 3.2% against the previous month. Over the period under review, the export price, however, saw a mild decline. The most prominent rate of growth was recorded in April 2023 an increase of 5.1% month-to-month. The export price peaked at $1,056 per ton in December 2022; however, from January 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($1,142 per ton), while the average price for exports to Slovakia ($717 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-0.7%), while the prices for the other major destinations experienced a decline.
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Czech Republic (CIF) - 2023
The average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $914 per ton in August 2023, rising by 4.8% against the previous month. In general, the import price, however, recorded a mild slump. The import price peaked at $1,028 per ton in December 2022; however, from January 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,158 per ton), while the price for Slovakia ($663 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Czech Republic
In 2022, overseas shipments of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by -9% to 129K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 1% against the previous year.
In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses soared to $150M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Czech Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 34.4 | 31.0 | 34.2 | 50.5 | 13.7% |
Germany | 29.2 | 29.5 | 37.9 | 49.2 | 19.0% |
Poland | 14.9 | 13.0 | 25.2 | 27.4 | 22.5% |
United Kingdom | 8.1 | 6.1 | 8.8 | 9.4 | 5.1% |
Slovakia | 3.0 | 3.2 | 6.1 | 6.3 | 28.1% |
Slovenia | 3.1 | 2.9 | 2.9 | 0.5 | -45.6% |
China | 1.6 | 3.8 | 2.8 | 0.5 | -32.1% |
Others | 1.0 | 1.2 | 2.6 | 5.8 | 79.7% |
Total | 95.4 | 90.7 | 121 | 150 | 16.3% |
Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from the Czech Republic in 2022:
- Germany (44.4K tons)
- Italy (44.0K tons)
- Poland (20.5K tons)
- United Kingdom (8.3K tons)
- Slovakia (6.3K tons)
- Slovenia (0.4K tons)
- China (0.3K tons)
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Czech Republic
In 2022, the amount of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses imported into the Czech Republic contracted significantly to 104K tons, which is down by -33.7% compared with the previous year's figure. Over the period under review, imports, however, posted a notable expansion. The pace of growth was the most pronounced in 2021 when imports increased by 84% against the previous year. As a result, imports reached the peak of 156K tons, and then contracted significantly in the following year.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses declined to $121M in 2022. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 160% against the previous year. As a result, imports attained the peak of $141M, and then reduced in the following year.
Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Czech Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 41.6 | 23.8 | 61.4 | 68.3 | 18.0% |
Italy | 16.9 | 15.2 | 33.0 | 29.6 | 20.5% |
Poland | 2.0 | 12.3 | 40.9 | 18.8 | 111.0% |
Others | 3.4 | 3.2 | 5.9 | 4.3 | 8.1% |
Total | 63.9 | 54.4 | 141 | 121 | 23.7% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to the Czech Republic in 2022:
- Germany (53.8K tons)
- Italy (29.8K tons)
- Poland (17.3K tons)
This report provides an in-depth analysis of the market for hot-rolled bearing steel wire rod in the Czech Republic.
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in the Czech Republic.
Global Market for Hot-Rolled Bearing Steel Wire Rod. This report provides an in-depth analysis of the global market for hot-rolled bearing steel wire rod.
This report provides an in-depth analysis of the global market for hot-rolled steel bar and rod.
This report provides an in-depth analysis of the market for hot-rolled bearing steel wire rod in the Czech Republic.
Global Market for Hot-Rolled Bearing Steel Wire Rod. This report provides an in-depth analysis of the global market for hot-rolled bearing steel wire rod.
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o