Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Croatia - 2023
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Croatia (CIF) - 2023
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Croatia (FOB) - 2022
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Croatia
- Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Croatia
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Croatia (CIF) - 2023
In August 2023, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $980 per ton, increasing by 22% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 24% m-o-m. As a result, import price reached the peak level of $1,189 per ton. From June 2023 to August 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From December 2022 to August 2023, the rate of growth in terms of prices for Vietnam amounted to 0.0% per month.
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Croatia (FOB) - 2022
In 2022, the average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $1,086 per ton, growing by 2.3% against the previous year. Overall, the export price recorded a modest increase. The growth pace was the most rapid in 2019 when the average export price increased by 169% against the previous year. As a result, the export price attained the peak level of $2,725 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($1,260 per ton), while the average price for exports to Hungary amounted to $1,083 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+29.1%).
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Croatia
In 2022, supplies from abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by -7.9% to 13K tons, falling for the second consecutive year after two years of growth. In general, imports saw a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year. As a result, imports attained the peak of 18K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses soared to $14M in 2022. The total import value increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2.7 | 4.7 | 7.0 | 6.7 | 35.4% |
| Poland | 2.3 | 1.5 | 2.8 | 3.3 | 12.8% |
| Italy | 3.8 | 0.6 | 0.7 | 2.8 | -9.7% |
| Czech Republic | 0.2 | 0.3 | 0.3 | 1.0 | 71.0% |
| Spain | 1.8 | 3.5 | N/A | N/A | 94.4% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 10.9 | 10.7 | 10.9 | 13.8 | 8.2% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Croatia in 2022:
- Turkey (6.3K tons)
- Italy (2.8K tons)
- Poland (2.6K tons)
- Czech Republic (0.9K tons)
Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Croatia
In 2022, overseas shipments of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by -18.2% to 3.8 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 470% against the previous year. As a result, the exports attained the peak of 8.7 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses reduced dramatically to $4.1K in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 49%. As a result, the exports reached the peak of $6.2K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | N/A | N/A | 4.0 | 0% |
| Slovenia | N/A | 6.2 | 4.9 | 0.1 | -87.3% |
| Bosnia and Herzegovina | 4.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.1 | 6.2 | 4.9 | 4.1 | 0.0% |
Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Croatia in 2022:
- Hungary (3.7 tons)
- Slovenia (0.1 tons)
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