Price for Steel, Stainless; Ingots and Other Primary Forms in Croatia - 2023

Contents:

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

Price for Steel, Stainless; Ingots and Other Primary Forms in Croatia (CIF) - 2022

The average import price for steel, stainless; ingots and other primary formses stood at $7,438 per ton in 2022, increasing by 52% against the previous year. In general, the import price, however, saw a slight contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 58% against the previous year. Over the period under review, average import prices attained the peak figure at $8,608 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($7,682 per ton), while the price for the United States ($2,541 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (-7.0%), while the prices for the other major suppliers experienced a decline.

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

The average export price for steel, stainless; ingots and other primary formses stood at $1,465 per ton in 2022, almost unchanged from the previous year. Overall, the export price continues to indicate a dramatic slump. The pace of growth was the most pronounced in 2018 an increase of 62% against the previous year. The export price peaked at $26,000 per ton in 2013; however, from 2014 to 2022, 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 Slovenia.

From 2013 to 2022, the rate of growth in terms of prices for Italy amounted to +439.3% per year.

Imports of Steel, Stainless; Ingots and Other Primary Forms in Croatia

After three years of growth, overseas purchases of steel, stainless; ingots and other primary formses decreased by -73.6% to 24 tons in 2022. Overall, imports faced a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year.

In value terms, imports of steel, stainless; ingots and other primary formses declined remarkably to $176K in 2022. In general, imports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 65% against the previous year. As a result, imports reached the peak of $439K, and then declined significantly in the following year.

Import of Steel, Stainless; Ingots and Other Primary Forms in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy16725.31061710.8%
Slovenia10.61.73.23.5-30.9%
United States30.337.34.41.7-61.7%
Lithuania201186317N/A25.6%
Czech RepublicN/A7.5N/AN/A0%
Others11.88.18.1N/A-17.1%
Total421266439176-25.2%

Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Croatia in 2022:

  1. Italy (22.3 tons)
  2. Slovenia (0.8 tons)
  3. United States (0.7 tons)

Exports of Steel, Stainless; Ingots and Other Primary Forms in Croatia

After two years of decline, shipments abroad of steel, stainless; ingots and other primary formses decreased by 0% to 9 tons in 2022. Overall, exports showed a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of steel, stainless; ingots and other primary formses stood at $13K in 2022. In general, exports posted a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Steel, Stainless; Ingots and Other Primary Forms in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia2.0N/AN/A13.287.6%
Others1.4N/AN/AN/A0%
Total3.4N/AN/A13.257.2%

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

  1. Slovenia (9.0 tons)

Source: IndexBox Market Intelligence Platform

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