Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Japan - 2024

Contents:

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

Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Japan (FOB) - 2022

The average export price for steel alloy wire of materials other than silico-manganese steels stood at $2,787 per ton in 2022, increasing by 5.7% against the previous year. Overall, the export price, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 10%. The export price peaked at $3,132 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($6,809 per ton), while the average price for exports to the Czech Republic ($1,779 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 Germany (+9.1%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Japan (CIF) - 2022

In 2022, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $1,663 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, recorded a mild contraction. The growth pace was the most rapid in 2020 an increase of 9.4% against the previous year. The import price peaked at $1,836 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Germany ($9,593 per ton), while the price for Vietnam ($1,392 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Japan

In 2022, approx. 94K tons of steel alloy wire of materials other than silico-manganese steels were exported from Japan; with a decrease of -11.3% compared with the previous year's figure. Over the period under review, exports saw a slight slump. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. As a result, the exports attained the peak of 106K tons, and then declined in the following year.

In value terms, exports of steel alloy wire of materials other than silico-manganese steels reduced to $262M in 2022. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year. As a result, the exports reached the peak of $279M, and then contracted in the following year.

Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China48.543.459.050.91.6%
Thailand41.033.548.043.31.8%
United States39.727.931.927.9-11.1%
South Korea45.222.930.123.3-19.8%
Indonesia22.513.318.916.3-10.2%
Taiwan (Chinese)10.510.416.214.511.4%
India9.38.213.714.114.9%
Czech Republic5.75.16.511.124.9%
Others42.146.155.160.212.7%
Total265211279262-0.4%

Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Japan in 2022:

  1. Thailand (22.5K tons)
  2. China (18.6K tons)
  3. United States (9.2K tons)
  4. Indonesia (6.9K tons)
  5. Czech Republic (6.2K tons)
  6. India (5.6K tons)
  7. South Korea (4.8K tons)
  8. Taiwan (Chinese) (4.3K tons)

Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Japan

In 2022, imports of steel alloy wire of materials other than silico-manganese steels into Japan fell to 38K tons, dropping by -8% on the previous year's figure. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 26%.

In value terms, imports of steel alloy wire of materials other than silico-manganese steels contracted to $64M in 2022. Over the period under review, imports saw a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by 36%.

Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea42.928.037.031.4-9.9%
Taiwan (Chinese)6.35.58.37.14.1%
China4.15.28.06.516.6%
Thailand6.14.65.45.6-2.8%
BrazilN/A0.63.13.9155.0%
Vietnam1.91.21.31.7-3.6%
TurkeyN/AN/AN/A1.60%
Germany6.72.90.91.0-47.0%
Others3.22.24.25.016.0%
Total71.150.168.263.7-3.6%

Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Japan in 2022:

  1. South Korea (21.8K tons)
  2. China (4.0K tons)
  3. Thailand (3.6K tons)
  4. Brazil (2.6K tons)
  5. Taiwan (Chinese) (2.0K tons)
  6. Vietnam (1.2K tons)
  7. Turkey (1.0K tons)
  8. Germany (0.1K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, alloy; wire, of materials other than high speed or silico-manganese steel - Japan