Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Slovakia - 2024

Contents:

  1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Slovakia (CIF) - 2022
  2. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Slovakia (FOB) - 2022
  3. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Slovakia
  4. Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Slovakia

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Slovakia (CIF) - 2022

The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $4,014 per ton in 2022, with a decrease of -29% against the previous year. In general, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 39% against the previous year. As a result, import price reached the peak level of $7,337 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($10,325 per ton), while the price for Croatia ($1,510 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Slovakia (FOB) - 2022

In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $3,839 per ton, declining by -33% against the previous year. Over the period under review, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of 82% against the previous year. Over the period under review, the average export prices reached the maximum at $9,138 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Poland ($13,327 per ton), while the average price for exports to Austria ($2,935 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 Poland (+1.7%), while the prices for the other major destinations experienced a decline.

Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Slovakia

In 2022, after two years of decline, there was significant growth in supplies from abroad of iron or steel cast fittings, other than of non-malleable cast ira, when their volume increased by 63% to 2.2K tons. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira surged to $8.8M in 2022. The total import value increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1,9361,1131,4641,889-0.8%
Hungary3791,0761,1731,38954.2%
Germany54549376192419.2%
Belgium11482291688798.2%
Czech Republic1,0161,2381,180875-4.9%
Austria43963860668916.2%
China719211276612-5.2%
Croatia54.412650.311528.3%
Others1,5751,7931,1621,407-3.7%
Total6,7777,5107,5878,7879.0%

Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Slovakia in 2022:

  1. Poland (553.1 tons)
  2. Germany (287.2 tons)
  3. China (272.1 tons)
  4. Hungary (249.5 tons)
  5. Belgium (207.5 tons)
  6. Czech Republic (165.6 tons)
  7. Austria (139.0 tons)
  8. Croatia (76.4 tons)

Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Slovakia

In 2022, approx. 237 tons of iron or steel cast fittings, other than of non-malleable cast ira were exported from Slovakia; increasing by 40% on the previous year's figure. Overall, exports continue to indicate mild growth. The most prominent rate of growth was recorded in 2020 when exports increased by 345%. As a result, the exports attained the peak of 1K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira reduced to $911K in 2022. Over the period under review, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 197% against the previous year. As a result, the exports reached the peak of $3.2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic7672,9637098142.0%
Romania34.411.546.126.6-8.2%
Hungary81.671.924.33.1-66.4%
Others19916919167.3-30.3%
Total1,0823,215970911-5.6%

Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Slovakia in 2022:

  1. Czech Republic (228.5 tons)
  2. Romania (4.6 tons)
  3. Hungary (1.0 tons)

Source: IndexBox Market Intelligence Platform

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