Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Slovakia - 2023
Contents:
- Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Slovakia (FOB) - 2023
- Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Slovakia (CIF) - 2023
- Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Slovakia
- Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Slovakia
Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Slovakia (FOB) - 2023
The average export price for alloy steel flat-rolled products, of a width of less than 600mms stood at $1,165 per ton in September 2023, reducing by -6% against the previous month. In general, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 11% month-to-month. The export price peaked at $1,451 per ton in December 2022; however, from January 2023 to September 2023, 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 the United States.
From December 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to +36.6% per month.
Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Slovakia (CIF) - 2023
The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $2,330 per ton in September 2023, declining by -17.1% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in January 2023 when the average import price increased by 38% month-to-month. Over the period under review, average import prices attained the maximum at $3,005 per ton in February 2023; however, from March 2023 to September 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From December 2022 to September 2023, the rate of growth in terms of prices for Poland amounted to +1.9% per month.
Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Slovakia
In 2022, exports of alloy steel flat-rolled products, of a width of less than 600mms from Slovakia fell to 86K tons, shrinking by -14.8% compared with the previous year. In general, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, the exports reached the peak of 101K tons, and then reduced in the following year.
In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms expanded to $114M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 83%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 43.0 | 37.4 | 57.0 | 63.7 | 14.0% |
| Poland | 12.2 | 8.4 | 23.9 | 26.7 | 29.8% |
| Germany | 3.4 | 3.2 | 10.2 | 10.9 | 47.5% |
| Romania | 8.0 | 6.0 | 8.2 | 6.1 | -8.6% |
| Hungary | 7.3 | 3.3 | 6.6 | 2.0 | -35.1% |
| Others | 4.8 | 1.0 | 2.7 | 4.4 | -2.9% |
| Total | 78.7 | 59.4 | 109 | 114 | 13.1% |
Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Slovakia in 2022:
- Czech Republic (47.9K tons)
- Poland (20.0K tons)
- Germany (7.9K tons)
- Romania (5.6K tons)
- Hungary (1.4K tons)
Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Slovakia
In 2022, approx. 16K tons of alloy steel flat-rolled products, of a width of less than 600mms were imported into Slovakia; with a decrease of -20.9% against 2021 figures. In general, imports recorded a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 6.4%.
In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms fell remarkably to $37M in 2022. Overall, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, imports attained the peak of $43M, and then shrank dramatically in the following year.
| Import of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 20.1 | 18.9 | 25.5 | 19.0 | -1.9% |
| Czech Republic | 2.7 | 3.7 | 5.9 | 6.7 | 35.4% |
| Italy | 5.2 | 3.2 | 5.1 | 4.3 | -6.1% |
| Romania | 1.5 | 1.5 | 2.6 | 3.0 | 26.0% |
| Austria | 4.1 | 1.8 | 2.3 | 2.5 | -15.2% |
| Poland | 0.2 | 0.4 | 0.2 | 0.7 | 51.8% |
| Luxembourg | 1.2 | 0.1 | 1.4 | N/A | 8.0% |
| Others | 4.1 | 0.5 | 0.4 | 0.5 | -50.4% |
| Total | 39.0 | 29.9 | 43.5 | 36.7 | -2.0% |
Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Slovakia in 2022:
- Germany (6.0K tons)
- Czech Republic (4.5K tons)
- Italy (1.9K tons)
- Romania (1.6K tons)
- Austria (1.6K tons)
- Poland (0.3K tons)
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