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

Contents:

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

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

In 2022, the average import price for steel, alloy amounted to $3,011 per ton, growing by 36% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,134 per ton), while the price for the Czech Republic ($1,272 per ton) was amongst the lowest.

From 2012 to 2022, 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 mixed trend patterns.

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

In 2022, the average export price for steel, alloy amounted to $3,498 per ton, growing by 72% against the previous year. Overall, the export price showed a modest expansion. The most prominent rate of growth was recorded in 2020 an increase of 165% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +107.1% per year.

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

Imports of steel, alloy into Slovakia skyrocketed to 427 tons in 2022, with an increase of 83% compared with the year before. Overall, imports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 91% against the previous year.

In value terms, imports of steel, alloy soared to $1.3M in 2022. In general, imports enjoyed strong growth. As a result, imports reached 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 Slovakia in 2022:

1. Italy (328.2 tons)
2. Germany (92.1 tons)
3. Czech Republic (7.2 tons)

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

Exports of steel, alloy from Slovakia surged to 266 tons in 2022, picking up by 6,096% against 2021. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of steel, alloy surged to $931K in 2022. In general, exports showed a significant increase. 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 Slovakia in 2022:

1. Turkey (266.2 tons)

Source: IndexBox Market Intelligence Platform