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

Contents:

1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Czech Republic (CIF) - 2022
2. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Czech Republic (FOB) - 2024
3. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Czech Republic
4. Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Czech Republic

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

In 2022, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $7,657 per ton, which is down by -7.8% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel cast fittings, other than of non-malleable cast ira increased by +55.2% against 2015 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 14%. As a result, import price attained the peak level of $8,307 per ton, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($22,267 per ton), while the price for Croatia ($4,011 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Czech Republic (FOB) - 2024

The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $16,048 per ton in March 2024, picking up by 12% against the previous month. Over the period from March 2023 to March 2024, it increased at an average monthly rate of +2.7%. The pace of growth was the most pronounced in April 2023 an increase of 24% month-to-month. Over the period under review, the average export prices attained the peak figure at $17,374 per ton in July 2023; however, from August 2023 to March 2024, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In March 2024, the country with the highest price was Poland ($19,172 per ton), while the average price for exports to Germany ($4,751 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Czech Republic

Imports of iron or steel cast fittings, other than of non-malleable cast ira into the Czech Republic soared to 5.2K tons in 2022, increasing by 30% against the previous year. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 43%. Over the period under review, imports of hit record highs in 2022 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 $40M in 2022. In general, imports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 64%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

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

1. Poland (1398.0 tons)
2. China (1193.2 tons)
3. Germany (790.0 tons)
4. Austria (532.2 tons)
5. France (350.6 tons)
6. Spain (182.1 tons)
7. Croatia (138.4 tons)
8. Netherlands (138.2 tons)
9. Italy (78.7 tons)

Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Czech Republic

In 2022, the amount of iron or steel cast fittings, other than of non-malleable cast ira exported from the Czech Republic fell slightly to 3.1K tons, waning by -1.7% on the previous year's figure. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.3% 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 +41.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. As a result, the exports reached the peak of 3.1K tons, and then dropped slightly in the following year.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira declined slightly to $38M in 2022. Over the period under review, exports, however, posted a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by 112%. As a result, the exports attained the peak of $38M, and then dropped in the following year.

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

1. Poland (1767.9 tons)
2. United Kingdom (397.5 tons)
3. Slovakia (326.4 tons)
4. Austria (313.3 tons)
5. Germany (86.2 tons)
6. Hungary (44.8 tons)
7. Belgium (0.3 tons)

Source: IndexBox Market Intelligence Platform