Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Slovakia - 2024

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Slovakia (FOB) - 2024
  2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Slovakia (CIF) - 2024
  3. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Slovakia
  4. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Slovakia

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Slovakia (FOB) - 2024

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $54.3 per unit in February 2024, shrinking by -28.7% against the previous month. Over the period under review, the export price continues to indicate a noticeable slump. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 117% against the previous month. As a result, the export price reached the peak level of $101 per unit. From July 2023 to February 2024, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In February 2024, the country with the highest price was the UK ($55.1 per unit), while the average price for exports to Ukraine totaled $20.0 per unit.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Slovakia (CIF) - 2024

In February 2024, the average import price for containers for compressed or liquefied gas, of iron or steel amounted to $27.5 per unit, declining by -36.7% against the previous month. In general, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in May 2023 an increase of 65% against the previous month. Over the period under review, average import prices hit record highs at $111 per unit in February 2023; however, from March 2023 to February 2024, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($77.3 per unit), while the price for China totaled $25.4 per unit.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Turkey (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Slovakia

In 2022, shipments abroad of containers for compressed or liquefied gas, of iron or steel increased by 0.6% to 356K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a pronounced reduction. Over the period under review, the exports of attained the maximum at 412K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel totaled $23M in 2022. The total export value increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.45.78.07.712.6%
Poland4.54.75.96.211.3%
Italy1.93.52.11.6-5.6%
Netherlands0.30.90.31.363.0%
Austria0.60.30.10.810.1%
Belgium0.70.60.20.84.6%
Czech Republic0.60.41.30.75.3%
FranceN/AN/A0.90.6-33.3%
United Kingdom0.30.50.20.518.6%
Ukraine0.70.50.70.2-34.1%
Hungary0.61.10.30.2-30.7%
Spain1.31.30.10.2-46.4%
Lithuania0.40.50.2N/A-29.3%
Others2.12.12.52.56.0%
Total19.422.022.623.26.1%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Slovakia in 2022:

  1. Poland (113.2K units)
  2. Germany (98.5K units)
  3. Netherlands (22.2K units)
  4. Italy (22.0K units)
  5. Belgium (15.5K units)
  6. Austria (10.4K units)
  7. Czech Republic (10.0K units)
  8. France (9.2K units)
  9. United Kingdom (5.9K units)
  10. Hungary (4.5K units)
  11. Ukraine (3.9K units)
  12. Spain (2.5K units)
  13. Lithuania (0.1K units)

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Slovakia

In 2022, imports of containers for compressed or liquefied gas, of iron or steel into Slovakia expanded markedly to 142K units, with an increase of 12% compared with the year before. In general, imports, however, showed a slight decline. Imports peaked at 149K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel skyrocketed to $9.7M in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 28%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic1,9232,7443,6053,81625.7%
Italy6997381,1901,75936.0%
Germany1,3028501,9981,110-5.2%
Netherlands3.21.65.1731511.3%
Turkey1591,00177072866.1%
China91.066.015329247.5%
Poland35473.5206257-10.1%
Austria1,135371105147-49.4%
BelarusN/A1031241166.1%
Others2,267606237778-30.0%
Total7,9336,5558,3939,7347.1%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Slovakia in 2022:

  1. Czech Republic (52.8K units)
  2. Italy (26.7K units)
  3. Germany (12.2K units)
  4. Turkey (10.5K units)
  5. China (9.2K units)
  6. Netherlands (8.4K units)
  7. Belarus (4.5K units)
  8. Poland (4.0K units)
  9. Austria (1.9K units)

Source: IndexBox Market Intelligence Platform

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