Czech Republic - Iron Or Steel Wool - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Wool Price in the Czech Republic - 2023
Contents:
- Metal Wool Price in the Czech Republic (FOB) - 2022
- Metal Wool Price in the Czech Republic (CIF) - 2022
- Metal Wool Exports in the Czech Republic
- Metal Wool Imports in the Czech Republic
Metal Wool Price in the Czech Republic (FOB) - 2022
In 2022, the average metal wool export price amounted to $5,635 per ton, picking up by 19% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Latvia ($8,200 per ton), while the average price for exports to the Netherlands ($2,981 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 Hungary (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Wool Price in the Czech Republic (CIF) - 2022
In 2022, the average metal wool import price amounted to $3,817 per ton, with an increase of 2.5% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2019 an increase of 3.6%. The import price peaked at $4,719 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($6,909 per ton), while the price for Germany ($2,904 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.4%), while the prices for the other major suppliers experienced a decline.
Metal Wool Exports in the Czech Republic
After three years of growth, overseas shipments of iron or steel wool decreased by -29.7% to 232 tons in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +7.2% 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 +23.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. As a result, the exports reached the peak of 329 tons, and then dropped remarkably in the following year.
In value terms, metal wool exports shrank remarkably to $1.3M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.5% 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 +27.6% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 31%. As a result, the exports attained the peak of $1.6M, and then shrank sharply in the following year.
Export of Metal Wool in the Czech Republic (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovakia | 248 | 222 | 218 | 273 | 3.3% |
Austria | 214 | 170 | 320 | 270 | 8.1% |
Germany | 159 | 411 | 369 | 175 | 3.2% |
Hungary | 72.7 | 70.0 | 61.4 | 149 | 27.0% |
Netherlands | 50.2 | 38.3 | 211 | 91.1 | 22.0% |
Poland | 42.5 | 34.0 | 35.1 | 74.5 | 20.6% |
Romania | 24.0 | 35.6 | 41.9 | 42.3 | 20.8% |
Belgium | 2.3 | 2.2 | 76.9 | 37.7 | 154.0% |
Latvia | 31.7 | 33.2 | 47.8 | 36.6 | 4.9% |
Lithuania | 38.5 | 32.3 | 31.6 | 24.5 | -14.0% |
Croatia | 15.9 | 13.3 | 22.6 | 18.8 | 5.7% |
Others | 124 | 130 | 123 | 111 | -3.6% |
Total | 1,022 | 1,191 | 1,559 | 1,305 | 8.5% |
Top Export Markets for Metal Wool from the Czech Republic in 2022:
- Austria (55.6 tons)
- Slovakia (34.4 tons)
- Germany (33.0 tons)
- Netherlands (30.6 tons)
- Hungary (18.6 tons)
- Poland (12.6 tons)
- Romania (7.2 tons)
- Belgium (7.1 tons)
- Lithuania (5.2 tons)
- Latvia (4.5 tons)
- Croatia (3.9 tons)
Metal Wool Imports in the Czech Republic
After three years of growth, overseas purchases of iron or steel wool decreased by -2.5% to 405 tons in 2022. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports reached the peak of 415 tons, and then shrank slightly in the following year.
In value terms, metal wool imports declined slightly to $1.5M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, imports attained the peak of $1.5M, leveling off in the following year.
Import of Metal Wool in the Czech Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 912 | 1,065 | 1,230 | 1,165 | 8.5% |
Poland | 8.4 | 28.2 | 38.2 | 88.8 | 119.5% |
Germany | 120 | 85.9 | 115 | 82.5 | -11.7% |
Italy | 11.1 | 3.6 | 25.8 | 40.3 | 53.7% |
Croatia | 37.5 | 25.2 | 19.5 | N/A | -27.9% |
Others | 135 | 134 | 116 | 168 | 7.6% |
Total | 1,224 | 1,342 | 1,545 | 1,544 | 8.0% |
Top Suppliers of Metal Wool to the Czech Republic in 2022:
- China (331.5 tons)
- Germany (28.4 tons)
- Poland (12.9 tons)
- Italy (12.1 tons)
This report provides an in-depth analysis of the metal wool market in the Czech Republic. 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 25991280 - Iron or steel wool, pot scourers and scouring or polishing pads, and gloves and the like
Country coverage:
- Czech Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Czech Republic
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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