Price for Steel, Alloy; Ingots and Other Primary Forms in Croatia - 2023

Contents:

  1. Price for Steel, Alloy; Ingots and Other Primary Forms in Croatia (FOB) - 2022
  2. Price for Steel, Alloy; Ingots and Other Primary Forms in Croatia (CIF) - 2022
  3. Exports of Steel, Alloy; Ingots and Other Primary Forms in Croatia
  4. Imports of Steel, Alloy; Ingots and Other Primary Forms in Croatia

Price for Steel, Alloy; Ingots and Other Primary Forms in Croatia (FOB) - 2022

In 2022, the average export price for steel, alloy; ingots and other primary formses amounted to $902 per ton, declining by -6.3% against the previous year. Overall, the export price continues to indicate a abrupt descent. The growth pace was the most rapid in 2017 an increase of 217% against the previous year. Over the period under review, the average export prices attained the maximum at $2,480 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Germany amounted to +13.1% per year.

Price for Steel, Alloy; Ingots and Other Primary Forms in Croatia (CIF) - 2022

The average import price for steel, alloy; ingots and other primary formses stood at $4,591 per ton in 2022, falling by -65.4% against the previous year. Over the period under review, the import price recorded a deep setback. The growth pace was the most rapid in 2015 when the average import price increased by 124% against the previous year. Over the period under review, average import prices reached the peak figure at $13,288 per ton in 2021, and then shrank rapidly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Slovenia.

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to +19.4% per year.

Exports of Steel, Alloy; Ingots and Other Primary Forms in Croatia

In 2022, the amount of steel, alloy; ingots and other primary formses exported from Croatia contracted notably to 318 tons, which is down by -37.8% against the previous year's figure. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 282% against the previous year. As a result, the exports reached the peak of 511 tons, and then dropped markedly in the following year.

In value terms, exports of steel, alloy; ingots and other primary formses declined significantly to $287K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 524% against the previous year. As a result, the exports reached the peak of $492K, and then fell remarkably in the following year.

Export of Steel, Alloy; Ingots and Other Primary Forms in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany19274.346828514.1%
Italy79.1N/A22.5N/A-46.7%
Others10.34.61.32.0-42.1%
Total28178.84922870.7%

Top Export Markets for Steel, Alloy; Ingots and Other Primary Forms from Croatia in 2022:

  1. Germany (316.8 tons)

Imports of Steel, Alloy; Ingots and Other Primary Forms in Croatia

In 2022, the amount of steel, alloy; ingots and other primary formses imported into Croatia shrank sharply to 445 kg, which is down by -77.4% compared with 2021 figures. In general, imports continue to indicate a dramatic setback. The smallest decline of -37% was in 2021.

In value terms, imports of steel, alloy; ingots and other primary formses declined remarkably to $2K in 2022. Over the period under review, imports showed a precipitous decline. The smallest decline of -10.7% was in 2021.

Import of Steel, Alloy; Ingots and Other Primary Forms in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/A0.70.72.069.0%
China15.1N/A25.5N/A30.0%
Austria1130.3N/AN/A-99.7%
Italy17027.8N/AN/A-83.6%
Others0.40.5N/AN/A25.0%
Total29829.326.22.0-81.1%

Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Croatia in 2022:

  1. Slovenia (434.0 kg)

Source: IndexBox Market Intelligence Platform

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