Price for Steel, Alloy; Wire, of High Speed Steel in South Africa - 2022
Contents:
- Price for Steel, Alloy; Wire, of High Speed Steel in South Africa (FOB) - 2022
- Exports of Steel, Alloy; Wire, of High Speed Steel in South Africa
Price for Steel, Alloy; Wire, of High Speed Steel in South Africa (FOB) - 2022
In 2022, the average export price for wire of high-speed steel, in coils (excluding bars and rods) amounted to $20,115 per ton, reducing by -1.6% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 62%. Over the period under review, the average export prices reached the maximum at $20,438 per ton in 2021, and then dropped modestly in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($21,077 per ton), while the average price for exports to Lesotho amounted to $19,154 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+8.8%).
Exports of Steel, Alloy; Wire, of High Speed Steel in South Africa
In 2022, exports of wire of high-speed steel, in coils (excluding bars and rods) from South Africa dropped rapidly to 26 kg, which is down by -18.8% on the year before. Over the period under review, exports continue to indicate a abrupt setback.
In value terms, exports of wire of high-speed steel, in coils (excluding bars and rods) dropped remarkably to $523 in 2022. In general, exports saw a precipitous slump. The smallest decline of -20% was in 2021.
| Export of Steel, Alloy; Wire, of High Speed Steel in South Africa (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 586 | 456 | 354 | 274 | -22.4% |
| Lesotho | 435 | 361 | 300 | 249 | -17.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,021 | 817 | 654 | 523 | -20.0% |
Top Export Markets for Steel, Alloy; Wire, of High Speed Steel from South Africa in 2022:
- Lesotho (13.0 kg)
- Botswana (13.0 kg)
387
This report provides an in-depth analysis of the market for iron and steel wire in South Africa.
401
This report provides an in-depth analysis of the market for iron and steel wire in South Africa.
1933
This report provides an in-depth analysis of the global market for iron and steel wire.
515
This report provides an in-depth analysis of the global market for iron and steel wire.
832
In value terms, wire of other alloy steel imports stood at $X in 2016. Overall, it indicated a temperate increase from 2007 to 2016: the total imports value increased at an average annual rate of +...
1498
In value terms, barbed wire of iron and steel imports amounted to $X in 2016. In general, barbed wire of iron and steel imports continue to indicate a mild slump. Over the period under review, glob...
994
In value terms, wires, rods, tubes, plates, electrodes of base metal imports totaled $X in 2016. In general, wires, rods, tubes, plates, electrodes of base metal imports continue to indicate a mild...
1217
In value terms, wire of other alloy steel exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some...
662
In value terms, barbed wire of iron and steel exports totaled $X in 2016. In general, barbed wire of iron and steel exports continue to indicate a relatively flat trend pattern. Over the period und...
921
In value terms, wires, rods, tubes, plates, electrodes of base metal exports amounted to $X in 2016. Overall, wires, rods, tubes, plates, electrodes of base metal exports continue to indicate a sli...
3522
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
747
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
220
Discover the top import markets for iron and steel wire and key statistics on their import values. Learn about the global demand for this essential material.
206
Explore the top countries importing iron and steel wire in 2023 and the factors driving their demand. Get insights into the global market for these essential materials.
