Czech Republic: Iron Angle Market 2024

Iron Angle Market Size in the Czech Republic

The Czech iron angle market skyrocketed to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the near future.

Iron Angle Production in the Czech Republic

In value terms, iron angle production totaled $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2018 with an increase of X%. Iron angle production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Iron Angle Exports

Exports from the Czech Republic

In 2022, exports of angles, shapes and sections (of iron or non-alloy steel) from the Czech Republic reduced slightly to X tons, dropping by X% compared with the previous year's figure. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, iron angle exports skyrocketed to $X in 2022. Overall, exports, however, saw a measured increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Poland (X tons), Germany (X tons) and Slovakia (X tons) were the main destinations of iron angle exports from the Czech Republic, together comprising X% of total exports. Sweden, Austria, Hungary, the Netherlands, Croatia, Finland and Turkey lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Slovakia ($X) constituted the largest markets for iron angle exported from the Czech Republic worldwide, with a combined X% share of total exports. Sweden, Austria, Hungary, the Netherlands, Croatia, Finland and Turkey lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Austria, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average iron angle export price stood at $X per ton in 2022, rising by X% against the previous year. In general, export price indicated a notable increase 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, iron angle export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Turkey ($X per ton) and Austria ($X per ton), while the average price for exports to Poland ($X per ton) and Croatia ($X per ton) were amongst the lowest.

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

Iron Angle Imports

Imports into the Czech Republic

In 2022, overseas purchases of angles, shapes and sections (of iron or non-alloy steel) increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, iron angle imports surged to $X in 2022. Overall, total imports indicated a notable increase from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Poland (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of iron angle imports to the Czech Republic, together comprising X% of total imports. Luxembourg, Austria, Romania and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Italy ($X) constituted the largest iron angle suppliers to the Czech Republic, together comprising X% of total imports. Luxembourg, Austria, Romania and France lagged somewhat behind, together accounting for a further X%.

Austria, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average iron angle import price amounted to $X per ton, jumping by X% against the previous year. Overall, import price indicated a perceptible expansion 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, iron angle import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Austria ($X per ton) and Germany ($X per ton), while the price for France ($X per ton) and Romania ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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