Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Czech Republic - 2023
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Czech Republic (CIF) - 2023
- Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Czech Republic (FOB) - 2023
- Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Czech Republic
- Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Czech Republic
Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Czech Republic (CIF) - 2023
The average import price for steel, alloy stood at $3,298 per ton in December 2023, falling by -3.5% against the previous month. Over the period under review, the import price saw a pronounced shrinkage. The pace of growth was the most pronounced in April 2023 an increase of 11% month-to-month. The import price peaked at $4,711 per ton in May 2023; however, from June 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Japan ($4,185 per ton), while the price for Germany ($2,773 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.6%), 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 the Czech Republic (FOB) - 2023
The average export price for steel, alloy stood at $3,003 per ton in December 2023, waning by -1.5% against the previous month. In general, the export price recorded a noticeable downturn. The most prominent rate of growth was recorded in June 2023 an increase of 8.1% m-o-m. The export price peaked at $3,871 per ton in April 2023; however, from May 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Austria ($3,767 per ton), while the average price for exports to Ukraine ($1,722 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+4.1%), 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 the Czech Republic
In 2022, imports of steel, alloy into the Czech Republic was estimated at 5.4K tons, surging by 6.3% against the year before. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of steel, alloy soared to $18M in 2022. Overall, imports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 100%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.7 | 3.1 | 8.1 | 13.3 | 53.2% |
| Poland | 1.3 | 1.6 | 1.8 | 2.3 | 20.9% |
| Austria | N/A | 0.8 | 1.4 | 1.3 | 27.5% |
| Italy | 0.2 | 0.1 | 0.2 | 0.6 | 44.2% |
| Japan | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| United Kingdom | 0.5 | N/A | N/A | N/A | 0% |
| Sweden | 0.2 | 0.1 | 0.2 | N/A | 0.0% |
| Others | 0.1 | 0.3 | 0.2 | 0.1 | 0.0% |
| Total | 6.1 | 6.1 | 12.1 | 18.0 | 43.4% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented to the Czech Republic in 2022:
- Germany (3947.2 tons)
- Poland (624.6 tons)
- Austria (443.2 tons)
- Italy (214.6 tons)
- Japan (83.8 tons)
Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Czech Republic
In 2022, the amount of steel, alloy exported from the Czech Republic contracted to 4.5K tons, waning by -6.2% compared with 2021. In general, exports showed a mild slump. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, the exports attained the peak of 4.8K tons, and then contracted in the following year.
In value terms, exports of steel, alloy soared to $16M in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 42% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.5 | 3.5 | 4.8 | 5.3 | 5.6% |
| Poland | 0.6 | 1.6 | 2.4 | 3.5 | 80.0% |
| Austria | 0.2 | 0.2 | 0.5 | 2.3 | 125.7% |
| Switzerland | N/A | 0.4 | 1.0 | 2.0 | 123.6% |
| Italy | 0.9 | N/A | 0.1 | 0.7 | -8.0% |
| Hungary | 0.4 | 0.6 | 1.3 | 0.6 | 14.5% |
| Croatia | N/A | 0.3 | 0.1 | 0.3 | 0.0% |
| India | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Bulgaria | N/A | 0.3 | 0.3 | 0.2 | -18.4% |
| Russia | 0.4 | 0.2 | 0.2 | N/A | -29.3% |
| China | 0.2 | N/A | N/A | N/A | 0% |
| Morocco | 0.5 | 0.2 | N/A | N/A | -60.0% |
| Netherlands | 0.7 | 0.8 | 0.4 | N/A | -24.4% |
| Others | 0.2 | 0.5 | 1.2 | 0.7 | 51.8% |
| Total | 8.9 | 8.6 | 12.3 | 15.9 | 21.3% |
Top Export Markets for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented from the Czech Republic in 2022:
- Germany (1532.9 tons)
- Poland (829.5 tons)
- Austria (656.9 tons)
- Switzerland (605.6 tons)
- India (234.1 tons)
- Italy (190.6 tons)
- Hungary (158.0 tons)
- Croatia (89.5 tons)
- Bulgaria (66.2 tons)
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