Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Slovenia - 2023
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Slovenia (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Slovenia (FOB) - 2023
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Slovenia
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Slovenia
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Slovenia (CIF) - 2022
In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $9,304 per ton, which is down by -5.5% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 37%. As a result, import price attained the peak level of $12,832 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($14,468 per ton), while the price for India ($2,040 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Slovenia (FOB) - 2023
The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $28,948 per ton in October 2023, with an increase of 136% against the previous month. In general, the export price showed a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($82,078 per ton), while the average price for exports to North Macedonia ($13,830 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 (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Slovenia
In 2022, the amount of iron or steel; non-threaded cotters and cotter-pinses imported into Slovenia totaled 278 tons, with an increase of 6.7% against the previous year's figure. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +18.8% 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 +67.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 48%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses amounted to $2.6M in 2022. The total import value increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 607 | 501 | 617 | 582 | -1.4% |
| France | 426 | 352 | 390 | 351 | -6.3% |
| Austria | 205 | 273 | 191 | 284 | 11.5% |
| China | 74.2 | 244 | 253 | 260 | 51.9% |
| South Korea | 1.3 | 288 | 336 | 247 | 474.9% |
| Italy | 114 | 91.0 | 111 | 140 | 7.1% |
| Czech Republic | 34.4 | 45.7 | 105 | 110 | 47.3% |
| India | 55.5 | 51.4 | 15.4 | 74.4 | 10.3% |
| United Kingdom | 78.4 | 5.9 | 40.0 | 37.4 | -21.9% |
| Others | 395 | 265 | 504 | 499 | 8.1% |
| Total | 1,991 | 2,116 | 2,561 | 2,584 | 9.1% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Slovenia in 2022:
- China (61.4 tons)
- Germany (44.8 tons)
- France (37.7 tons)
- India (36.5 tons)
- South Korea (31.7 tons)
- Austria (19.6 tons)
- Italy (12.0 tons)
- Czech Republic (9.5 tons)
- United Kingdom (2.1 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Slovenia
In 2022, overseas shipments of iron or steel; non-threaded cotters and cotter-pinses decreased by -8% to 103 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 82%.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses dropped to $1.2M in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.2% 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 +73.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 55%.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 291 | 265 | 276 | 302 | 1.2% |
| Poland | 59.3 | 306 | 344 | 258 | 63.3% |
| Slovakia | 0.1 | 198 | 176 | 195 | 1149.3% |
| Czech Republic | 164 | 115 | 147 | 125 | -8.7% |
| Croatia | 24.3 | 18.7 | 35.8 | 58.5 | 34.0% |
| China | N/A | 2.5 | 57.2 | 47.7 | 336.8% |
| Serbia | 30.8 | 48.9 | 57.2 | 42.2 | 11.1% |
| Italy | 23.0 | 18.2 | 33.8 | 38.1 | 18.3% |
| Kosovo | N/A | 0.6 | 16.2 | 10.5 | 318.3% |
| Others | 109 | 113 | 140 | 140 | 8.7% |
| Total | 702 | 1,086 | 1,284 | 1,218 | 20.2% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Slovenia in 2022:
- Poland (30.6 tons)
- Germany (24.8 tons)
- Slovakia (21.7 tons)
- Italy (4.6 tons)
- Croatia (4.2 tons)
- Czech Republic (3.9 tons)
- Kosovo (2.6 tons)
- China (2.4 tons)
- Serbia (2.3 tons)
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