Slovakia: Stainless Steel Angle Market 2025

Stainless Steel Angle Market Size in Slovakia

In 2021, the Slovak stainless steel angle market decreased by -64.8% to $X, falling for the second consecutive year after two years of growth. Overall, consumption faced a abrupt slump. Stainless steel angle consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Stainless Steel Angle Production in Slovakia

In value terms, stainless steel angle production surged to $X in 2021 estimated in export price. Overall, production saw a pronounced setback. The most prominent rate of growth was recorded in 2016 when the production volume increased by 98%. Stainless steel angle production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Stainless Steel Angle Exports

Exports from Slovakia

In 2021, approx. X tons of angles, shapes and sections of stainless steel or other alloy steel were exported from Slovakia; with a decrease of -57% against the year before. Over the period under review, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 249% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, stainless steel angle exports declined remarkably to $X in 2021. Overall, exports, however, saw a pronounced increase. The most prominent rate of growth was recorded in 2014 with an increase of 169%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for stainless steel angle exports from Slovakia, with a 60% share of total exports. Moreover, stainless steel angle exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), threefold. France (X tons) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +139.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+84.1% per year) and France (+41.9% per year).

In value terms, Germany ($X) emerged as the key foreign market for angles, shapes and sections of stainless steel or other alloy steel exports from Slovakia, comprising 70% of total exports. The second position in the ranking was taken by Belgium ($X), with a 9.5% share of total exports. It was followed by France, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +124.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+66.9% per year) and France (+9.6% per year).

Export Prices by Country

The average stainless steel angle export price stood at $X per ton in 2021, growing by 5.8% against the previous year. In general, the export price, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 55% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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 Switzerland ($X per ton), while the average price for exports to Ukraine ($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 Switzerland (+1.6%), while the prices for the other major destinations experienced a decline.

Stainless Steel Angle Imports

Imports into Slovakia

Stainless steel angle imports into Slovakia skyrocketed to X tons in 2021, picking up by 19% compared with the previous year's figure. Over the period under review, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 135%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, stainless steel angle imports contracted to $X in 2021. In general, imports recorded notable growth. The most prominent rate of growth was recorded in 2018 when imports increased by 45% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of stainless steel angle to Slovakia, with a 73% share of total imports. Moreover, stainless steel angle imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), eightfold. The third position in this ranking was taken by Italy (X tons), with a 7% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +46.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+71.4% per year) and Italy (+31.0% per year).

In value terms, Germany ($X), France ($X) and the Czech Republic ($X) constituted the largest stainless steel angle suppliers to Slovakia, together comprising 82% of total imports. Italy, Poland, Austria, India, Turkey and Hungary lagged somewhat behind, together comprising a further 16%.

Turkey, with a CAGR of +106.4%, recorded the highest growth rate of the value of imports, in terms of 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 stainless steel angle import price amounted to $X per ton, with a decrease of -26.1% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by 103%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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