Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovakia - 2024
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovakia (CIF) - 2024
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovakia (FOB) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovakia
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovakia
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovakia (CIF) - 2024
The average import price for steel alloy wire of materials other than silico-manganese steels stood at $2,000 per ton in January 2024, falling by -13.7% against the previous month. Overall, the import price showed a pronounced decline. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 27% m-o-m. The import price peaked at $2,930 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Japan ($2,422 per ton), while the price for Turkey stood at $1,153 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Austria (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovakia (FOB) - 2022
In 2022, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $10,428 per ton, jumping by 858% against the previous year. Over the period under review, the export price enjoyed a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($11,922 per ton), while the average price for exports to the UK ($1,756 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovakia
After three years of growth, purchases abroad of steel alloy wire of materials other than silico-manganese steels decreased by -39.4% to 3.7K tons in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 66% against the previous year. As a result, imports attained the peak of 6K tons, and then declined rapidly in the following year.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels declined significantly to $7.5M in 2022. Over the period under review, imports saw a mild setback. The pace of growth was the most pronounced in 2021 when imports increased by 131%. As a result, imports attained the peak of $10M, and then reduced remarkably in the following year.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,675 | 829 | 2,078 | 1,725 | 1.0% |
| Russia | N/A | 519 | 2,900 | 1,619 | 76.6% |
| Czech Republic | 733 | 717 | 1,008 | 1,055 | 12.9% |
| Austria | 1,309 | 494 | 1,203 | 829 | -14.1% |
| Germany | 150 | 47.9 | 117 | 763 | 72.0% |
| Japan | N/A | N/A | 101 | 337 | 233.7% |
| Poland | 558 | 365 | 144 | 185 | -30.8% |
| Ukraine | N/A | 1,024 | 2,114 | 159 | -60.6% |
| Others | 3,432 | 427 | 573 | 849 | -37.2% |
| Total | 7,856 | 4,423 | 10,238 | 7,521 | -1.4% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Slovakia in 2022:
- Russia (1309.0 tons)
- Italy (576.9 tons)
- Austria (547.3 tons)
- Czech Republic (475.8 tons)
- Germany (302.9 tons)
- Japan (134.6 tons)
- Ukraine (133.1 tons)
- Poland (83.1 tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovakia
In 2022, overseas shipments of steel alloy wire of materials other than silico-manganese steels decreased by -66.5% to 164 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by 622%. As a result, the exports attained the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels soared to $1.7M in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 221%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 5.4 | N/A | N/A | 1,414 | 539.8% |
| Romania | 0.6 | 0.7 | 0.9 | 265 | 661.5% |
| Hungary | 20.4 | 1,040 | 478 | 20.9 | 0.8% |
| United Kingdom | N/A | N/A | N/A | 7.1 | 0% |
| Czech Republic | 56.5 | 13.2 | 53.1 | 0.2 | -84.8% |
| Poland | 236 | N/A | 0.2 | 0.1 | -92.5% |
| Others | 12.6 | 9.3 | 1.6 | 4.7 | -28.0% |
| Total | 331 | 1,064 | 533 | 1,711 | 72.9% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Slovakia in 2022:
- Italy (135.0 tons)
- Romania (22.2 tons)
- United Kingdom (4.0 tons)
- Hungary (1.8 tons)
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