Czech Republic: Flat-Rolled Steel Products Market 2025

Flat-Rolled Steel Products Market Size in the Czech Republic

The Czech flat-rolled steel products market expanded sharply to $X in 2021, growing by 8.7% against the previous year. Over the period under review, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -0.3% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Flat-Rolled Steel Products Production in the Czech Republic

In value terms, flat-rolled steel products production rose notably to $X in 2021 estimated in export price. In general, production continues to indicate strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 59%. Flat-rolled steel products production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Flat-Rolled Steel Products Exports

Exports from the Czech Republic

In 2021, shipments abroad of flat-rolled products of iron or non-alloy steel decreased by -4.4% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by 17% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, flat-rolled steel products exports dropped markedly to $X in 2021. Overall, exports saw a deep reduction. The growth pace was the most rapid in 2020 when exports increased by 23%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X tons), the United Arab Emirates (X tons) and Hungary (X tons) were the main destinations of flat-rolled steel products exports from the Czech Republic, with a combined 59% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +1,084.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Italy ($X) and Hungary ($X) appeared to be the largest markets for flat-rolled steel products exported from the Czech Republic worldwide, with a combined 58% share of total exports. Ukraine, Germany, the United Arab Emirates, the Netherlands, Slovakia and France lagged somewhat behind, together comprising a further 35%.

The United Arab Emirates, with a CAGR of +1,943.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average flat-rolled steel products export price amounted to $X per ton, waning by -22.2% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 48%. As a result, the export price attained the peak level of $X per ton, and then reduced dramatically in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+72.4%), while the prices for the other major destinations experienced more modest paces of growth.

Flat-Rolled Steel Products Imports

Imports into the Czech Republic

For the fifth year in a row, the Czech Republic recorded growth in purchases abroad of flat-rolled products of iron or non-alloy steel, which increased by 8% to X tons in 2021. The total import volume increased at an average annual rate of +3.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 15% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, flat-rolled steel products imports soared to $X in 2021. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Slovakia (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of flat-rolled steel products imports to the Czech Republic, together accounting for 87% of total imports. These countries were followed by Serbia, Luxembourg and France, which together accounted for a further 10%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Luxembourg (with a CAGR of +105.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Germany ($X) and the Netherlands ($X) were the largest flat-rolled steel products suppliers to the Czech Republic, with a combined 85% share of total imports. These countries were followed by Serbia, France and Luxembourg, which together accounted for a further 9.7%.

Luxembourg, with a CAGR of +106.0%, saw the highest rates of growth with regard to 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 2021, the average flat-rolled steel products import price amounted to $X per ton, increasing by 13% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from France ($X per ton) and Slovakia ($X per ton), while the price for Serbia ($X per ton) and Luxembourg ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Luxembourg (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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