Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Spain - 2024
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Spain (CIF) - 2024
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Spain (FOB) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Spain
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Spain
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Spain (CIF) - 2024
The average import price for steel alloy wire of materials other than silico-manganese steels stood at $2,027 per ton in January 2024, increasing by 12% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in February 2023 an increase of 14% against the previous month. The import price peaked in January 2024.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($3,980 per ton), while the price for Turkey ($1,073 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Spain (FOB) - 2022
In 2022, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $352 per ton, which is down by -76.5% against the previous year. Overall, the export price recorded a sharp contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 1,320%. As a result, the export price reached the peak level of $31,972 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($5,020 per ton), while the average price for exports to Italy ($96 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 Brazil (+0.5%), while the prices for the other major destinations experienced a decline.
Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Spain
In 2022, approx. 37K tons of steel alloy wire of materials other than silico-manganese steels were imported into Spain; growing by 15% compared with 2021 figures. The total import volume increased at an average annual rate of +9.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels skyrocketed to $61M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.2% against 2019 indices. The pace of growth was the most pronounced 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 Materials Other than Silico-Manganese Steel in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 6.5 | 12.8 | 17.9 | 27.1 | 60.9% |
Luxembourg | 5.6 | 4.6 | 5.7 | 8.0 | 12.6% |
Italy | 6.4 | 5.4 | 4.2 | 5.7 | -3.8% |
Germany | 5.6 | 6.0 | 7.7 | 4.5 | -7.0% |
South Korea | 2.0 | 2.0 | 2.8 | 3.8 | 23.9% |
Austria | 2.3 | 1.9 | 2.5 | 2.5 | 2.8% |
Belgium | 0.8 | 1.8 | 2.6 | 2.5 | 46.2% |
China | 0.8 | 0.6 | 0.4 | 1.5 | 23.3% |
Russia | N/A | N/A | 1.7 | 1.0 | -41.2% |
Poland | 1.3 | 0.1 | 0.1 | N/A | -72.3% |
Others | 3.5 | 2.6 | 3.3 | 4.8 | 11.1% |
Total | 34.8 | 37.7 | 48.9 | 61.3 | 20.8% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Spain in 2022:
- Turkey (21.8K tons)
- Luxembourg (4.7K tons)
- Italy (2.9K tons)
- South Korea (1.5K tons)
- China (1.2K tons)
- Russia (0.9K tons)
- Belgium (0.8K tons)
- Austria (0.7K tons)
- Germany (0.7K tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Spain
Exports of steel alloy wire of materials other than silico-manganese steels from Spain soared to 1.8K tons in 2022, growing by 3,790% on 2021 figures. Overall, exports, however, faced a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 64,754% against the previous year.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels surged to $630K in 2022. Over the period under review, exports, however, showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 2,937%.
Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Spain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 302 | 1.7 | N/A | 250 | -6.1% |
Italy | 349 | N/A | N/A | 57.6 | -45.1% |
Czech Republic | 391 | N/A | N/A | 35.7 | -55.0% |
United Kingdom | 220 | N/A | 68.6 | 30.2 | -48.4% |
Hungary | 511 | N/A | N/A | 27.1 | -62.4% |
France | 5,257 | N/A | N/A | 17.3 | -85.1% |
Germany | 1,877 | N/A | N/A | 12.8 | -81.0% |
Mexico | 200 | N/A | N/A | 0.9 | -83.5% |
Sweden | 1,584 | N/A | N/A | N/A | 0% |
Morocco | 93.9 | N/A | N/A | N/A | 0% |
Algeria | 499 | N/A | N/A | N/A | 0% |
Portugal | 638 | N/A | N/A | N/A | 0% |
Brazil | 374 | N/A | N/A | N/A | 0% |
Others | 1,396 | 0.6 | 0.3 | 199 | -47.8% |
Total | 13,692 | 2.3 | 68.9 | 630 | -64.2% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Spain in 2022:
- Poland (830.7 tons)
- Italy (599.6 tons)
- Hungary (187.7 tons)
- Czech Republic (91.1 tons)
- United Kingdom (53.7 tons)
- Germany (7.4 tons)
- France (7.0 tons)
- Mexico (0.2 tons)
This report provides an in-depth analysis of the market for iron and steel wire in Spain.
This report provides an in-depth analysis of the market for iron and steel wire in Spain.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the global market for iron and steel wire.
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