Report Update: May 1, 2024

Slovenia - Wire Rod Of Free-Cutting Steel - Market Analysis, Forecast, Size, Trends And Insights

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Price for Free-Cutting Steel Wire Rod in Slovenia - 2023

Price for Free-Cutting Steel Wire Rod in Slovenia (CIF) - 2023

The average free-cutting steel wire rod import price stood at $990 per ton in August 2023, with a decrease of -10.4% against the previous month. Overall, the import price recorded a slight shrinkage. The pace of growth was the most pronounced in September 2022 when the average import price increased by 11% against the previous month. As a result, import price reached the peak level of $1,351 per ton. From October 2022 to August 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was the Czech Republic ($992 per ton), while the price for the UK stood at $987 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (-0.3%), while the prices for the other major suppliers experienced a decline.

Price for Free-Cutting Steel Wire Rod in Slovenia (FOB) - 2022

The average free-cutting steel wire rod export price stood at $3,720 per ton in 2022, falling by -58.4% against the previous year. In general, the export price, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2017 an increase of 4.1%. Over the period under review, the average export prices reached the peak figure at $8,948 per ton in 2021, and then reduced markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Croatia.

From 2012 to 2022, the rate of growth in terms of prices for Croatia amounted to -34.6% per year.

Imports of Free-Cutting Steel Wire Rod in Slovenia

In 2022, free-cutting steel wire rod imports into Slovenia reached 1.7K tons, picking up by 1.7% against the year before. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 20%. As a result, imports reached the peak of 1.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, free-cutting steel wire rod imports soared to $2.2M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 35%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Free-Cutting Steel Wire Rod in Slovenia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Austria	281	447	450	742	38.2%
United Kingdom	367	227	338	597	17.6%
Germany	284	201	371	450	16.6%
Czech Republic	242	179	297	292	6.5%
Italy	93.5	54.8	127	71.9	-8.4%
Poland	N/A	N/A	N/A	37.3	0%
Spain	N/A	108	78.4	N/A	-27.4%
Others	N/A	23.1	13.1	24.0	1.9%
Total	1,267	1,240	1,674	2,215	20.5%

Top Suppliers of Free-Cutting Steel Wire Rod to Slovenia in 2022:

Austria (587.5 tons)
United Kingdom (476.4 tons)
Czech Republic (268.1 tons)
Germany (244.7 tons)
Italy (59.3 tons)
Poland (29.1 tons)

Exports of Free-Cutting Steel Wire Rod in Slovenia

In 2022, exports of wire rod of free-cutting steel from Slovenia soared to 22 tons, picking up by 584% against the year before. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, free-cutting steel wire rod exports skyrocketed to $83K in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Free-Cutting Steel Wire Rod in Slovenia (Thousand USD)
COUNTRY	2021	2022	CAGR, 2021-2022
Croatia	17.2	82.2	377.9%
Others	12.1	1.2	-90.1%
Total	29.3	83.4	184.6%

Top Export Markets for Free-Cutting Steel Wire Rod from Slovenia in 2022:

Croatia (22.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for free-cutting steel wire rod in Slovenia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24106120 - Wire rod of free-cutting steel

Country coverage:

Slovenia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Slovenia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023