Price for Steel, Alloy; Ingots and Other Primary Forms in Slovenia - 2023

Contents:

  1. Price for Steel, Alloy; Ingots and Other Primary Forms in Slovenia (CIF) - 2023
  2. Price for Steel, Alloy; Ingots and Other Primary Forms in Slovenia (FOB) - 2022
  3. Imports of Steel, Alloy; Ingots and Other Primary Forms in Slovenia
  4. Exports of Steel, Alloy; Ingots and Other Primary Forms in Slovenia

Price for Steel, Alloy; Ingots and Other Primary Forms in Slovenia (CIF) - 2023

The average import price for steel, alloy; ingots and other primary formses stood at $8,327 per ton in July 2023, growing by 36% against the previous month. In general, the import price enjoyed a buoyant increase. The growth pace was the most rapid in April 2023 when the average import price increased by 41% against the previous month. The import price peaked in July 2023.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Austria ($11,496 per ton), while the price for Italy ($2,909 per ton) was amongst the lowest.

From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+54.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Alloy; Ingots and Other Primary Forms in Slovenia (FOB) - 2022

In 2022, the average export price for steel, alloy; ingots and other primary formses amounted to $1,937 per ton, jumping by 23% against the previous year. In general, the export price saw resilient growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,997 per ton), while the average price for exports to Austria totaled $1,928 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Alloy; Ingots and Other Primary Forms in Slovenia

In 2022, imports of steel, alloy; ingots and other primary formses into Slovenia surged to 2.2K tons, increasing by 140% compared with the previous year. In general, imports, however, recorded a perceptible curtailment.

In value terms, imports of steel, alloy; ingots and other primary formses skyrocketed to $8.4M in 2022. Over the period under review, imports recorded a notable expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Steel, Alloy; Ingots and Other Primary Forms in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria5.71.62.76.75.5%
Italy0.80.90.91.523.3%
Czech Republic0.40.10.20.2-20.6%
Germany0.1N/A0.20.10.0%
Others0.40.10.10.1-37.0%
Total7.42.74.18.44.3%

Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Slovenia in 2022:

  1. Austria (1599.1 tons)
  2. Italy (481.7 tons)
  3. Czech Republic (83.8 tons)
  4. Germany (22.0 tons)

Exports of Steel, Alloy; Ingots and Other Primary Forms in Slovenia

In 2022, the amount of steel, alloy; ingots and other primary formses exported from Slovenia fell sharply to 862 tons, declining by -22.3% against the year before. Over the period under review, exports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 153%. As a result, the exports attained the peak of 1.1K tons, and then shrank notably in the following year.

In value terms, exports of steel, alloy; ingots and other primary formses fell modestly to $1.7M in 2022. Overall, exports, however, continue to indicate a notable increase. The pace of growth was the most pronounced in 2021 with an increase of 152%. As a result, the exports reached the peak of $1.7M, and then fell slightly in the following year.

Export of Steel, Alloy; Ingots and Other Primary Forms in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria3083611,0111,47168.4%
Germany1,069333662197-43.1%
Hungary119N/A0.1N/A-97.1%
OthersN/AN/A74.50.9-98.8%
Total1,4976941,7481,6693.7%

Top Export Markets for Steel, Alloy; Ingots and Other Primary Forms from Slovenia in 2022:

  1. Austria (763.0 tons)
  2. Germany (98.4 tons)

Source: IndexBox Market Intelligence Platform

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