Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovenia - 2023
Contents:
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovenia (FOB) - 2023
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovenia (CIF) - 2023
- Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovenia
- Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovenia
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovenia (FOB) - 2023
The average export price for stainless steel bars and rods, angles, shapes and sectionses stood at $4,840 per ton in October 2023, reducing by -3.3% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 12% m-o-m. As a result, the export price attained the peak level of $5,743 per ton. From January 2023 to October 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Serbia ($6,686 per ton), while the average price for exports to the United States ($4,408 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovenia (CIF) - 2023
The average import price for stainless steel bars and rods, angles, shapes and sectionses stood at $3,161 per ton in October 2023, with a decrease of -48.2% against the previous month. Overall, the import price showed a pronounced shrinkage. The most prominent rate of growth was recorded in August 2023 an increase of 51% against the previous month. The import price peaked at $7,074 per ton in March 2023; however, from April 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($5,425 per ton), while the price for India amounted to $3,102 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovenia
Exports of stainless steel bars and rods, angles, shapes and sectionses from Slovenia skyrocketed to 15K tons in 2022, picking up by 27% against 2021. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of stainless steel bars and rods, angles, shapes and sectionses soared to $76M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.7 | 8.9 | 14.1 | 20.9 | 18.1% |
| United States | 5.9 | 7.1 | 11.0 | 13.2 | 30.8% |
| Hungary | 4.9 | 4.8 | 3.6 | 9.5 | 24.7% |
| Croatia | 2.6 | 3.2 | 5.0 | 6.9 | 38.4% |
| Austria | 1.3 | 2.0 | 3.0 | 6.0 | 66.5% |
| Bosnia and Herzegovina | 1.0 | 1.4 | 2.2 | 3.3 | 48.9% |
| Serbia | 1.1 | 1.5 | 1.7 | 3.2 | 42.8% |
| Switzerland | 1.1 | 0.7 | 0.9 | 2.9 | 38.1% |
| Czech Republic | 2.6 | 1.2 | 1.0 | 1.9 | -9.9% |
| Italy | 1.5 | 1.6 | 2.0 | 1.5 | 0.0% |
| Others | 3.6 | 3.2 | 4.6 | 6.2 | 19.9% |
| Total | 38.1 | 35.6 | 49.1 | 75.6 | 25.7% |
Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from Slovenia in 2022:
- Germany (4.4K tons)
- United States (2.6K tons)
- Hungary (2.2K tons)
- Croatia (1.1K tons)
- Austria (1.0K tons)
- Serbia (0.8K tons)
- Bosnia and Herzegovina (0.6K tons)
- Switzerland (0.6K tons)
- Czech Republic (0.4K tons)
- Italy (0.3K tons)
Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovenia
In 2022, the amount of stainless steel bars and rods, angles, shapes and sectionses imported into Slovenia fell slightly to 7.9K tons, approximately reflecting 2021 figures. In general, imports saw a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 6.7%.
In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses soared to $42M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 +66.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 9.4 | 8.6 | 13.8 | 14.9 | 16.6% |
| Germany | 5.0 | 4.7 | 5.1 | 6.5 | 9.1% |
| Austria | 1.1 | 3.3 | 5.0 | 5.3 | 68.9% |
| India | 5.4 | 2.8 | 3.9 | 5.2 | -1.3% |
| France | 4.6 | 4.1 | 3.0 | 5.2 | 4.2% |
| Poland | 0.4 | 1.0 | 1.1 | 2.2 | 76.5% |
| Turkey | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Others | 3.1 | 0.8 | 1.9 | 2.5 | -6.9% |
| Total | 29.2 | 25.4 | 34.1 | 42.3 | 13.1% |
Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Slovenia in 2022:
- Italy (2499.2 tons)
- India (1534.9 tons)
- Germany (962.2 tons)
- Austria (899.1 tons)
- France (875.1 tons)
- Poland (497.1 tons)
- Turkey (130.6 tons)
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