Price for Safety Pins and Other Pins; of Iron or Steel in Slovakia - 2024

Contents:

  1. Price for Safety Pins and Other Pins; of Iron or Steel in Slovakia (CIF) - 2022
  2. Price for Safety Pins and Other Pins; of Iron or Steel in Slovakia (FOB) - 2022
  3. Imports of Safety Pins and Other Pins; of Iron or Steel in Slovakia
  4. Exports of Safety Pins and Other Pins; of Iron or Steel in Slovakia

Price for Safety Pins and Other Pins; of Iron or Steel in Slovakia (CIF) - 2022

The average import price for safety pins and other pins; of iron or steels stood at $15,087 per ton in 2022, which is down by -37.3% against the previous year. Overall, the import price, however, posted a prominent increase. The pace of growth was the most pronounced in 2021 an increase of 45%. As a result, import price reached the peak level of $24,081 per ton, and then reduced sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($20,181 per ton), while the price for Latvia ($3,119 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Safety Pins and Other Pins; of Iron or Steel in Slovakia (FOB) - 2022

In 2022, the average export price for safety pins and other pins; of iron or steels amounted to $19,772 per ton, dropping by -26.4% against the previous year. Over the period under review, the export price, however, recorded resilient growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 125%. As a result, the export price attained the peak level of $56,049 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($23,714 per ton), while the average price for exports to France ($4,333 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 the Czech Republic (+6.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Safety Pins and Other Pins; of Iron or Steel in Slovakia

In 2022, imports of safety pins and other pins; of iron or steels into Slovakia surged to 5.7 tons, with an increase of 95% against the previous year's figure. Over the period under review, imports showed a buoyant increase.

In value terms, imports of safety pins and other pins; of iron or steels skyrocketed to $87K in 2022. Overall, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 26%. As a result, imports attained the peak of $128K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Safety Pins and Other Pins; of Iron or Steel in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.10.50.238.2625.6%
Germany1.948.625.426.7141.3%
China15.419.69.15.0-31.3%
Czech Republic71.728.320.73.6-63.1%
HungaryN/A20.05.43.5-58.2%
Poland0.13.00.92.6196.2%
SpainN/A0.2N/A2.4246.4%
LatviaN/A2.11.60.4-56.4%
Others12.55.77.64.3-29.9%
Total10212870.986.7-5.3%

Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Slovakia in 2022:

  1. Italy (2839.0 kg)
  2. Germany (1555.0 kg)
  3. China (278.0 kg)
  4. Poland (233.0 kg)
  5. Czech Republic (177.0 kg)
  6. Spain (162.0 kg)
  7. Latvia (143.0 kg)
  8. Hungary (96.0 kg)

Exports of Safety Pins and Other Pins; of Iron or Steel in Slovakia

In 2022, shipments abroad of safety pins and other pins; of iron or steels decreased by -67.7% to 324 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports faced a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 32%. As a result, the exports attained the peak of 1 tons, and then contracted remarkably in the following year.

In value terms, exports of safety pins and other pins; of iron or steels shrank remarkably to $6.4K in 2022. Overall, exports showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 1.6%. As a result, the exports attained the peak of $27K, and then contracted remarkably in the following year.

Export of Safety Pins and Other Pins; of Iron or Steel in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic24.621.621.45.4-39.7%
Poland0.62.01.40.810.1%
Germany0.30.70.50.1-30.7%
Hungary0.41.82.9N/A169.3%
Austria0.10.10.1N/A0.0%
France0.1N/A0.1N/A0.0%
OthersN/A0.30.6N/A100.0%
Total26.126.527.06.4-37.4%

Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Slovakia in 2022:

  1. Czech Republic (260.0 kg)
  2. Poland (35.0 kg)
  3. Germany (15.0 kg)
  4. France (6.0 kg)
  5. Austria (2.0 kg)
  6. Hungary (2.0 kg)

Source: IndexBox Market Intelligence Platform

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