Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Slovakia - 2023
Contents:
- Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Slovakia (FOB) - 2023
- Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Slovakia (CIF) - 2023
- Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Slovakia
- Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Slovakia
Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Slovakia (FOB) - 2023
The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,089 per ton in December 2023, increasing by 4.8% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $1,243 per ton in April 2023; however, from May 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($1,198 per ton), while the average price for exports to Italy ($763 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Slovakia (CIF) - 2023
The average import price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,518 per ton in December 2023, increasing by 4.4% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 9.2% month-to-month. As a result, import price attained the peak level of $1,611 per ton. From May 2023 to December 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($1,803 per ton), while the price for the Czech Republic ($1,161 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Slovakia
In 2022, overseas shipments of alloy steel flat-rolled products, of a width 600mm or mores decreased by -17.5% to 655K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +8.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 50%. As a result, the exports reached the peak of 794K tons, and then declined significantly in the following year.
In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores fell to $767M in 2022. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 127% against the previous year. As a result, the exports reached the peak of $869M, and then declined in the following year.
Export of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Slovakia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 112 | 105 | 200 | 171 | 15.1% |
Poland | 63.7 | 83.8 | 212 | 152 | 33.6% |
Germany | 69.6 | 69.7 | 136 | 139 | 25.9% |
Romania | 75.1 | 48.1 | 54.9 | 83.6 | 3.6% |
Hungary | 12.1 | 18.2 | 77.7 | 69.5 | 79.1% |
Italy | 19.9 | 4.5 | 21.9 | 32.0 | 17.2% |
Austria | 14.6 | 20.3 | 56.0 | 25.9 | 21.1% |
Others | 36.1 | 33.1 | 110 | 93.4 | 37.3% |
Total | 403 | 382 | 869 | 767 | 23.9% |
Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Slovakia in 2022:
- Czech Republic (144.8K tons)
- Poland (126.2K tons)
- Germany (126.1K tons)
- Romania (73.7K tons)
- Hungary (56.9K tons)
- Italy (30.5K tons)
- Austria (23.3K tons)
Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Slovakia
In 2022, the amount of alloy steel flat-rolled products, of a width 600mm or mores imported into Slovakia expanded remarkably to 286K tons, with an increase of 6% on the previous year's figure. The total import volume increased at an average annual rate of +9.6% 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 36%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores soared to $412M in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 65%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Slovakia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 42.8 | 39.0 | 60.1 | 89.4 | 27.8% |
France | 39.0 | 20.6 | 36.7 | 67.2 | 19.9% |
Belgium | 26.5 | 39.0 | 48.1 | 60.6 | 31.7% |
Slovenia | 1.4 | 29.6 | 33.6 | 47.2 | 223.1% |
Czech Republic | 14.5 | 17.4 | 37.5 | 42.6 | 43.2% |
Austria | 17.4 | 16.6 | 24.7 | 36.9 | 28.5% |
Poland | 6.6 | 11.7 | 37.9 | 25.9 | 57.7% |
South Korea | 27.1 | N/A | 0.1 | 0.7 | -70.4% |
Others | 36.4 | 18.4 | 39.2 | 41.3 | 4.3% |
Total | 212 | 192 | 318 | 412 | 24.8% |
Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Slovakia in 2022:
- Germany (56.0K tons)
- Belgium (45.3K tons)
- France (45.0K tons)
- Slovenia (41.8K tons)
- Czech Republic (28.4K tons)
- Austria (27.9K tons)
- Poland (16.4K tons)
- South Korea (0.6K tons)
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