Price for Steel Alloy Wire of Silico-Manganese Steel in Norway - 2024

Contents:

  1. Price for Steel Alloy Wire of Silico-Manganese Steel in Norway (CIF) - 2022
  2. Price for Steel Alloy Wire of Silico-Manganese Steel in Norway (FOB) - 2022
  3. Imports of Steel Alloy Wire of Silico-Manganese Steel in Norway
  4. Exports of Steel Alloy Wire of Silico-Manganese Steel in Norway

Price for Steel Alloy Wire of Silico-Manganese Steel in Norway (CIF) - 2022

The average import price for steel alloy wire of silico-manganese steels stood at $2,482 per ton in 2022, surging by 29% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $2,639 per ton in 2012; however, from 2013 to 2022, 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 ($4,539 per ton), while the price for the Czech Republic ($2,219 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel Alloy Wire of Silico-Manganese Steel in Norway (FOB) - 2022

The average export price for steel alloy wire of silico-manganese steels stood at $1,159 per ton in 2022, falling by -53.9% against the previous year. Over the period under review, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2015 an increase of 502% against the previous year. As a result, the export price attained the peak level of $15,021 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($1,261 per ton), while the average price for exports to Sweden amounted to $851 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-7.9%).

Imports of Steel Alloy Wire of Silico-Manganese Steel in Norway

In 2022, the amount of steel alloy wire of silico-manganese steels imported into Norway declined to 596 tons, reducing by -2.2% against the previous year. Overall, imports showed a noticeable slump. The growth pace was the most rapid in 2021 when imports increased by 16%.

In value terms, imports of steel alloy wire of silico-manganese steels surged to $1.5M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Steel Alloy Wire of Silico-Manganese Steel in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic48552461671914.0%
Italy41426.030255510.3%
United KingdomN/A34.848.880.752.3%
Germany11.59.638.750.463.6%
China75.628.255.340.3-18.9%
Indonesia12922033.9N/A-48.7%
Others23.954.174.633.712.1%
Total1,1398971,1701,4799.1%

Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Norway in 2022:

  1. Czech Republic (324.0 tons)
  2. Italy (227.0 tons)
  3. United Kingdom (18.1 tons)
  4. Germany (11.1 tons)
  5. China (9.5 tons)

Exports of Steel Alloy Wire of Silico-Manganese Steel in Norway

In 2022, shipments abroad of steel alloy wire of silico-manganese steels was finally on the rise to reach 2.1 tons after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt descent.

In value terms, exports of steel alloy wire of silico-manganese steels declined markedly to $2.5K in 2022. Overall, exports, however, showed a sharp shrinkage. The growth pace was the most rapid in 2020 with an increase of 82%. As a result, the exports reached the peak of $9.3K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Steel Alloy Wire of Silico-Manganese Steel in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic4.23.13.11.5-29.1%
SwedenN/AN/AN/A0.80%
Germany1.0N/AN/AN/A0%
OthersN/A6.3N/A0.2-82.2%
Total5.19.33.12.5-21.2%

Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Norway in 2022:

  1. Czech Republic (1206.0 kg)
  2. Sweden (939.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, alloy; wire, of silico-manganese steel - Norway