Price for Steel Alloy Wire of Silico-Manganese Steel in Bahrain - 2022
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Bahrain (CIF) - 2022
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Bahrain
Price for Steel Alloy Wire of Silico-Manganese Steel in Bahrain (CIF) - 2022
The average import price for steel alloy wire of silico-manganese steels stood at $1,568 per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 461% against the previous year. As a result, import price attained the peak level of $8,340 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,055 per ton), while the price for the United Arab Emirates ($1,131 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Bahrain
In 2022, purchases abroad of steel alloy wire of silico-manganese steels decreased by 0% to 21 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate a precipitous curtailment. The smallest decline of 99.9% was in 2020.
In value terms, imports of steel alloy wire of silico-manganese steels amounted to $32K in 2022. Overall, imports faced a significant curtailment. The smallest decline of 99.9% was in 2020.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.5 | N/A | N/A | 13.2 | 7.9% |
| India | 17.3 | N/A | N/A | 6.6 | -27.5% |
| Turkey | 6.1 | N/A | N/A | 2.8 | -22.9% |
| China | 16.0 | N/A | N/A | 2.4 | -46.9% |
| United Arab Emirates | 10.9 | N/A | N/A | 1.9 | -44.1% |
| Malaysia | 4.3 | N/A | N/A | 1.5 | -29.6% |
| Germany | 8.2 | N/A | N/A | 1.0 | -50.4% |
| Others | 12.5 | N/A | N/A | 3.1 | -37.2% |
| Total | 85.7 | N/A | N/A | 32.5 | -27.6% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Bahrain in 2022:
- United States (7.8 tons)
- India (5.8 tons)
- Turkey (2.2 tons)
- China (1.8 tons)
- United Arab Emirates (1.7 tons)
- Malaysia (0.9 tons)
- Germany (0.5 tons)
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