Price for Steel Alloy Wire of Silico-Manganese Steel in Tanzania - 2023
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Tanzania (CIF) - 2022
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Tanzania
Price for Steel Alloy Wire of Silico-Manganese Steel in Tanzania (CIF) - 2022
The average import price for steel alloy wire of silico-manganese steels stood at $1,729 per ton in 2022, with a decrease of -73% against the previous year. Overall, the import price recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2021 an increase of 270%. The import price peaked at $8,029 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,740 per ton), while the price for the United Arab Emirates totaled $382 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+96.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Tanzania
In 2022, approx. 26 tons of steel alloy wire of silico-manganese steels were imported into Tanzania; increasing by 132% on the previous year. Overall, imports, however, saw a precipitous slump.
In value terms, imports of steel alloy wire of silico-manganese steels contracted markedly to $45K in 2022. Over the period under review, imports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 623% against the previous year.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.3 | 2.2 | 63.1 | 44.4 | 17.6% |
| United Arab Emirates | 19.9 | N/A | N/A | 0.1 | -82.9% |
| Turkey | 17.4 | 7.6 | 7.7 | N/A | -33.5% |
| Others | 7.0 | N/A | 0.2 | N/A | -83.1% |
| Total | 71.6 | 9.8 | 71.0 | 44.5 | -14.7% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Tanzania in 2022:
- China (25.5 tons)
- United Arab Emirates (0.2 tons)
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