Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Czech Republic - 2023
Contents:
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Czech Republic (CIF) - 2023
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Czech Republic (FOB) - 2023
- Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Czech Republic
- Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Czech Republic
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Czech Republic (CIF) - 2023
In October 2023, the average import price for stainless steel bars and rods, angles, shapes and sectionses amounted to $4,547 per ton, waning by -5.4% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 24% against the previous month. As a result, import price attained the peak level of $6,101 per ton. From January 2023 to October 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($7,596 per ton), while the price for India ($3,399 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Sweden (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Czech Republic (FOB) - 2023
The average export price for stainless steel bars and rods, angles, shapes and sectionses stood at $8,949 per ton in October 2023, picking up by 15% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.5%. The pace of growth was the most pronounced in November 2022 when the average export price increased by 25% m-o-m. The export price peaked at $9,908 per ton in March 2023; however, from April 2023 to October 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was India ($22,288 per ton), while the average price for exports to France ($6,104 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 Italy (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Czech Republic
In 2022, imports of stainless steel bars and rods, angles, shapes and sectionses into the Czech Republic surged to 28K tons, growing by 20% on the previous year. In general, imports, however, showed a abrupt setback.
In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses surged to $152M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 +72.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 33%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 28.8 | 32.7 | 43.2 | 54.6 | 23.8% |
| Italy | 23.5 | 18.8 | 31.0 | 38.8 | 18.2% |
| India | 15.0 | 8.0 | 6.5 | 15.3 | 0.7% |
| Poland | 4.8 | 4.6 | 10.8 | 13.4 | 40.8% |
| Netherlands | 0.9 | 3.2 | 2.2 | 5.7 | 85.0% |
| Sweden | 3.1 | 4.9 | 5.4 | 4.3 | 11.5% |
| Austria | 2.4 | 2.5 | 3.0 | 3.6 | 14.5% |
| France | 4.1 | 2.7 | 4.1 | 3.3 | -7.0% |
| United Kingdom | 2.6 | 3.4 | 1.9 | 3.1 | 6.0% |
| Slovenia | 2.6 | 1.8 | 1.1 | 1.8 | -11.5% |
| Spain | 4.6 | 1.3 | 2.6 | 1.4 | -32.7% |
| Others | 6.8 | 4.5 | 5.4 | 6.9 | 0.5% |
| Total | 99.2 | 88.4 | 117 | 152 | 15.3% |
Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to the Czech Republic in 2022:
- Germany (9.6K tons)
- Italy (6.6K tons)
- India (3.9K tons)
- Poland (2.6K tons)
- Sweden (1.2K tons)
- Netherlands (1.1K tons)
- France (0.7K tons)
- Austria (0.6K tons)
- Slovenia (0.4K tons)
- United Kingdom (0.3K tons)
- Spain (0.3K tons)
Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Czech Republic
In 2022, exports of stainless steel bars and rods, angles, shapes and sectionses from the Czech Republic was estimated at 5.2K tons, therefore, remained relatively stable against 2021 figures. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of stainless steel bars and rods, angles, shapes and sectionses rose notably to $41M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.7% 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 +50.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.8 | 7.9 | 9.4 | 10.2 | 14.5% |
| Slovakia | 3.8 | 4.0 | 4.9 | 5.3 | 11.7% |
| Italy | 2.2 | 1.1 | 3.2 | 4.7 | 28.8% |
| Austria | 1.1 | 1.0 | 2.0 | 2.6 | 33.2% |
| Poland | 2.0 | 1.4 | 1.9 | 2.0 | 0.0% |
| China | 0.4 | 0.9 | 1.2 | 1.9 | 68.1% |
| France | 0.8 | 0.9 | 0.9 | 1.5 | 23.3% |
| Sweden | 1.4 | 1.6 | 0.8 | 1.4 | 0.0% |
| Hungary | 0.3 | 0.4 | 0.7 | 0.9 | 44.2% |
| United Kingdom | 2.1 | 1.8 | 1.0 | 0.8 | -27.5% |
| United Arab Emirates | 0.8 | 0.5 | 1.3 | 0.6 | -9.1% |
| Russia | 1.3 | 1.1 | 2.0 | 0.2 | -46.4% |
| Others | 5.1 | 4.9 | 8.1 | 9.2 | 21.7% |
| Total | 28.2 | 27.6 | 37.4 | 41.5 | 13.7% |
Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from the Czech Republic in 2022:
- Germany (1302.7 tons)
- Slovakia (822.7 tons)
- Italy (400.4 tons)
- Austria (390.8 tons)
- France (303.9 tons)
- Poland (230.3 tons)
- Hungary (219.3 tons)
- Sweden (198.0 tons)
- United Kingdom (155.8 tons)
- China (148.9 tons)
- United Arab Emirates (53.9 tons)
- Russia (26.6 tons)
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