Slovenia: Market for Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel 2024

Market Size for Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel in Slovenia

The Slovene market for ribbed or other deformed wire rod of non-alloy steel fell slightly to $X in 2022, approximately equating the previous year. Over the period under review, consumption, however, saw strong growth. Over the period under review, the market reached the peak level at $X in 2021, and then declined in the following year.

Production of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel in Slovenia

In value terms, deformed non-alloy steel wire rod production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, posted a strong increase. The growth pace was the most rapid in 2015 with an increase of X%. Deformed non-alloy steel wire rod production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel

Exports from Slovenia

Deformed non-alloy steel wire rod exports from Slovenia shrank sharply to X tons in 2022, with a decrease of X% on the previous year's figure. Overall, exports saw a slight curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, deformed non-alloy steel wire rod exports dropped to $X in 2022. In general, exports, however, saw a perceptible expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Croatia (X tons) was the main destination for deformed non-alloy steel wire rod exports from Slovenia, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Croatia stood at X%.

In value terms, Croatia ($X) emerged as the key foreign market for ribbed or other deformed wire rod of non-alloy steel exports from Slovenia.

From 2012 to 2022, the average annual growth rate of value to Croatia amounted to X%.

Export Prices by Country

The average export price for ribbed or other deformed wire rod of non-alloy steel stood at $X per ton in 2022, surging by X% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, deformed non-alloy steel wire rod export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

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 Italy amounted to X% per year.

Imports of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel

Imports into Slovenia

In 2022, overseas purchases of ribbed or other deformed wire rod of non-alloy steel decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2021, and then dropped in the following year.

In value terms, deformed non-alloy steel wire rod imports rose markedly to $X in 2022. Over the period under review, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of deformed non-alloy steel wire rod to Slovenia, with a X% share of total imports. Moreover, deformed non-alloy steel wire rod imports from Italy exceeded the figures recorded by the second-largest supplier, Austria (X tons), ninefold. The third position in this ranking was taken by Bosnia and Herzegovina (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Bosnia and Herzegovina (X% per year).

In value terms, Italy ($X) constituted the largest supplier of ribbed or other deformed wire rod of non-alloy steel to Slovenia, comprising X% of total imports. The second position in the ranking was held by Austria ($X), with a X% share of total imports. It was followed by Bosnia and Herzegovina, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Bosnia and Herzegovina (X% per year).

Import Prices by Country

The average import price for ribbed or other deformed wire rod of non-alloy steel stood at $X per ton in 2022, growing by X% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, deformed non-alloy steel wire rod import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Austria ($X per ton) and Italy ($X per ton), while the price for Bosnia and Herzegovina ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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