Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Croatia - 2023

Contents:

1. Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Croatia (CIF) - 2023
2. Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Croatia (FOB) - 2022
3. Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Croatia
4. Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Croatia

Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Croatia (CIF) - 2023

In November 2023, the average import price for steel, alloy amounted to $3,778 per ton, rising by 18% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 19% against the previous month. The import price peaked at $4,789 per ton in July 2023; however, from August 2023 to November 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($4,412 per ton), while the price for Slovenia ($3,438 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Croatia (FOB) - 2022

In 2022, the average export price for steel, alloy amounted to $3,301 per ton, increasing by 502% against the previous year. In general, the export price posted a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($4,675 per ton), while the average price for exports to Slovenia ($678 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 Slovakia (+49.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Croatia

Imports of steel, alloy into Croatia surged to 4.6K tons in 2022, jumping by 20% compared with the year before. The total import volume increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of steel, alloy surged to $16M in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented to Croatia in 2022:

1. Poland (3168.5 tons)
2. Austria (681.1 tons)
3. Slovenia (357.6 tons)
4. Italy (273.4 tons)
5. Czech Republic (94.9 tons)

Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Croatia

In 2022, approx. 1.1K tons of steel, alloy were exported from Croatia; rising by 574% against the year before. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of steel, alloy skyrocketed to $3.6M in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented from Croatia in 2022:

1. Austria (721.1 tons)
2. Italy (212.9 tons)
3. Slovenia (168.3 tons)

Source: IndexBox Market Intelligence Platform