Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovakia - 2023

Contents:

  1. Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovakia (CIF) - 2022
  2. Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovakia (FOB) - 2022
  3. Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovakia
  4. Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovakia

Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovakia (CIF) - 2022

The average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s stood at $4,322 per ton in 2022, picking up by 23% against the previous year. In general, the import price recorded a temperate expansion. The growth pace was the most rapid in 2020 when the average import price increased by 323% against the previous year. Over the period under review, average import prices reached the maximum at $7,344 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($3,463 per ton), while the price for the Czech Republic stood at $2,976 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.1%), while the prices for the other major suppliers experienced a decline.

Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovakia (FOB) - 2022

The average export price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s stood at $5,264 per ton in 2022, with an increase of 17% against the previous year. In general, the export price, however, recorded a noticeable descent. The growth pace was the most rapid in 2016 an increase of 34%. As a result, the export price reached the peak level of $10,181 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to -4.4% per year.

Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovakia

In 2022, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s into Slovakia soared to 39 tons, jumping by 323% on 2021. Overall, imports, however, recorded a sharp curtailment.

In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s skyrocketed to $170K in 2022. Over the period under review, imports, however, showed a abrupt decrease.

Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany21.115.429.113585.6%
Czech Republic84.4N/A0.21.1-76.5%
Poland89.8N/AN/AN/A0%
Others6.3N/A3.434.075.4%
Total20215.432.7170-5.6%

Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to Slovakia in 2022:

  1. Germany (38.9 tons)
  2. Czech Republic (0.4 tons)

Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovakia

After two years of decline, overseas shipments of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s increased by 6.1% to 34 tons in 2022. Over the period under review, exports, however, continue to indicate a pronounced decline.

In value terms, exports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s skyrocketed to $181K in 2022. In general, exports, however, continue to indicate a abrupt downturn.

Export of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic279216146181-13.4%
OthersN/AN/AN/AN/A0%
Total279216146181-13.4%

Top Export Markets for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) from Slovakia in 2022:

  1. Czech Republic (34.4 tons)

Source: IndexBox Market Intelligence Platform

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