Price for Steel, Stainless; Ingots and Other Primary Forms in the Czech Republic - 2023
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in the Czech Republic (FOB) - 2022
- Price for Steel, Stainless; Ingots and Other Primary Forms in the Czech Republic (CIF) - 2022
- Exports of Steel, Stainless; Ingots and Other Primary Forms in the Czech Republic
- Imports of Steel, Stainless; Ingots and Other Primary Forms in the Czech Republic
Price for Steel, Stainless; Ingots and Other Primary Forms in the Czech Republic (FOB) - 2022
In 2022, the average export price for steel, stainless; ingots and other primary formses amounted to $1,969 per ton, rising by 10% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 20%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($3,796 per ton), while the average price for exports to Spain ($1,218 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 Switzerland (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Stainless; Ingots and Other Primary Forms in the Czech Republic (CIF) - 2022
The average import price for steel, stainless; ingots and other primary formses stood at $3,634 per ton in 2022, rising by 11% against the previous year. Over the period under review, the import price, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2018 an increase of 24%. The import price peaked at $9,525 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($7,392 per ton), while the price for France ($1,570 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Stainless; Ingots and Other Primary Forms in the Czech Republic
In 2022, after two years of decline, there was significant growth in shipments abroad of steel, stainless; ingots and other primary formses, when their volume increased by 37% to 3.1K tons. Overall, exports, however, showed a abrupt decrease.
In value terms, exports of steel, stainless; ingots and other primary formses soared to $6.1M in 2022. In general, exports, however, saw a abrupt decline.
| Export of Steel, Stainless; Ingots and Other Primary Forms in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 893 | 1,215 | 1,871 | 3,108 | 51.5% |
| Spain | 75.0 | 478 | 223 | 1,112 | 145.7% |
| Poland | 279 | 351 | 463 | 899 | 47.7% |
| Slovenia | 267 | 15.5 | 132 | 241 | -3.4% |
| Romania | 216 | 224 | 433 | 194 | -3.5% |
| Slovakia | 497 | 198 | 99.8 | 180 | -28.7% |
| Italy | 1,051 | 855 | 474 | 168 | -45.7% |
| Belgium | N/A | 410 | N/A | N/A | 0% |
| Switzerland | 1,744 | 939 | N/A | N/A | -46.2% |
| Luxembourg | 289 | 98.4 | 85.2 | N/A | -45.7% |
| Indonesia | 194 | 148 | 105 | N/A | -26.4% |
| Ukraine | 1,481 | 549 | 50.1 | N/A | -81.6% |
| Others | 89.1 | 120 | 97.3 | 165 | 22.8% |
| Total | 7,075 | 5,602 | 4,033 | 6,067 | -5.0% |
Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from the Czech Republic in 2022:
- Germany (1649.1 tons)
- Spain (912.9 tons)
- Poland (291.9 tons)
- Slovenia (63.6 tons)
- Italy (58.0 tons)
- Romania (51.3 tons)
- Slovakia (15.7 tons)
Imports of Steel, Stainless; Ingots and Other Primary Forms in the Czech Republic
In 2022, approx. 239 tons of steel, stainless; ingots and other primary formses were imported into the Czech Republic; waning by -17.3% on the previous year's figure. Overall, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 109%. As a result, imports reached the peak of 289 tons, and then contracted significantly in the following year.
In value terms, imports of steel, stainless; ingots and other primary formses dropped to $869K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 85%. As a result, imports reached the peak of $945K, and then declined in the following year.
| Import of Steel, Stainless; Ingots and Other Primary Forms in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 327 | 86.3 | 691 | 357 | 3.0% |
| Italy | 40.4 | 16.7 | 29.9 | 257 | 85.3% |
| Ukraine | N/A | N/A | 87.1 | 106 | 21.7% |
| France | N/A | 0.8 | N/A | 76.7 | 879.2% |
| United States | 214 | 202 | 123 | 48.6 | -39.0% |
| Germany | 44.8 | 24.1 | 12.9 | 22.4 | -20.6% |
| Spain | 0.4 | 177 | 0.1 | 0.1 | -37.0% |
| Austria | 30.4 | N/A | N/A | N/A | 0% |
| Others | 2.7 | 3.4 | 1.4 | 1.7 | -14.3% |
| Total | 660 | 510 | 945 | 869 | 9.6% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to the Czech Republic in 2022:
- United Kingdom (105.7 tons)
- France (48.9 tons)
- Ukraine (40.5 tons)
- Italy (34.7 tons)
- United States (8.6 tons)
- Germany (0.7 tons)
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