Price for Steel, Alloy; Semi-Finished Products in Croatia - 2023
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Croatia (FOB) - 2022
- Price for Steel, Alloy; Semi-Finished Products in Croatia (CIF) - 2022
- Exports of Steel, Alloy; Semi-Finished Products in Croatia
- Imports of Steel, Alloy; Semi-Finished Products in Croatia
Price for Steel, Alloy; Semi-Finished Products in Croatia (FOB) - 2022
The average steel, alloy; semi-finished products export price stood at $883 per ton in 2022, with an increase of 21% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, steel, alloy; semi-finished products export price increased by +53.6% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 26% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($883 per ton), while the average price for exports to Romania ($648 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 Italy (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Alloy; Semi-Finished Products in Croatia (CIF) - 2022
The average steel, alloy; semi-finished products import price stood at $2,847 per ton in 2022, rising by 110% against the previous year. In general, the import price continues to indicate a resilient expansion. The import price peaked at $2,888 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovenia ($10,180 per ton), while the price for Italy ($1,018 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+66.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Alloy; Semi-Finished Products in Croatia
In 2022, steel, alloy; semi-finished products exports from Croatia surged to 79K tons, with an increase of 32% compared with the previous year. Overall, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 151%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, steel, alloy; semi-finished products exports surged to $70M in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 215% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Steel, Alloy; Semi-Finished Products in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 20.9 | 2.7 | 34.8 | 69.8 | 49.5% |
| Romania | 2.1 | 2.9 | N/A | 0.1 | -63.8% |
| Germany | 5.2 | 0.6 | 0.5 | 0.1 | -73.2% |
| Spain | 5.8 | 1.9 | N/A | N/A | -67.2% |
| Turkey | N/A | N/A | 6.4 | N/A | 0% |
| Others | 3.7 | 5.8 | 2.0 | N/A | -26.5% |
| Total | 37.7 | 13.9 | 43.7 | 70.0 | 22.9% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Croatia in 2022:
- Italy (79.0K tons)
- Romania (0.2K tons)
- Germany (0.1K tons)
Imports of Steel, Alloy; Semi-Finished Products in Croatia
In 2022, after two years of decline, there was significant growth in supplies from abroad of steel, alloy; semi-finished productses, when their volume increased by 52% to 201 tons. In general, imports, however, saw a abrupt setback.
In value terms, steel, alloy; semi-finished products imports skyrocketed to $571K in 2022. Overall, imports, however, recorded a slight reduction.
| Import of Steel, Alloy; Semi-Finished Products in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 37.5 | 190 | 1.2 | 167 | 64.5% |
| Italy | 167 | 128 | 110 | 138 | -6.2% |
| Austria | 354 | 96.3 | 65.1 | 136 | -27.3% |
| Bosnia and Herzegovina | N/A | N/A | N/A | 125 | 0% |
| Germany | 41.1 | 62.0 | 2.3 | 4.9 | -50.8% |
| Others | 0.4 | 11.5 | N/A | N/A | 2775.0% |
| Total | 600 | 487 | 178 | 571 | -1.6% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Croatia in 2022:
- Italy (135.8 tons)
- Bosnia and Herzegovina (34.2 tons)
- Slovenia (16.5 tons)
- Austria (13.6 tons)
- Germany (0.5 tons)
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