Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Sri Lanka - 2022
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Sri Lanka (CIF) - 2022
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Sri Lanka (FOB) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Sri Lanka
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Sri Lanka
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Sri Lanka (CIF) - 2022
The average import price for steel alloy wire of materials other than silico-manganese steels stood at $2,439 per ton in 2022, rising by 30% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2016 an increase of 85% against the previous year. The import price peaked at $12,855 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,692 per ton), while the price for Taiwan (Chinese) ($914 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+22.2%), 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 Sri Lanka (FOB) - 2022
The average export price for steel alloy wire of materials other than silico-manganese steels stood at $1,437 per ton in 2022, declining by -36.1% against the previous year. Over the period under review, the export price recorded a mild decrease. The most prominent rate of growth was recorded in 2020 an increase of 122% against the previous year. As a result, the export price attained the peak level of $8,800 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -1.2% per year.
Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Sri Lanka
In 2022, supplies from abroad of steel alloy wire of materials other than silico-manganese steels decreased by -57.8% to 1.5K tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,039% against the previous year. As a result, imports reached the peak of 4K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels plummeted to $3.8M in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 576% against the previous year.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 413 | 1,446 | 5,204 | 3,423 | 102.4% |
| Taiwan (Chinese) | 96.5 | 176 | 266 | 162 | 18.8% |
| Vietnam | 24.9 | 52.6 | 708 | 115 | 66.5% |
| India | 2.9 | 353 | 2.7 | 29.0 | 115.4% |
| Oman | N/A | 638 | N/A | N/A | 0% |
| United Arab Emirates | N/A | 536 | 601 | N/A | 12.1% |
| Qatar | N/A | 762 | N/A | N/A | 0% |
| Others | 62.6 | 89.9 | 73.7 | 34.7 | -17.9% |
| Total | 599 | 4,053 | 6,854 | 3,763 | 84.5% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Sri Lanka in 2022:
- China (1271.6 tons)
- Taiwan (Chinese) (177.1 tons)
- Vietnam (52.4 tons)
- India (20.4 tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Sri Lanka
In 2022, shipments abroad of steel alloy wire of materials other than silico-manganese steels was finally on the rise to reach 471 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a dramatic contraction.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels surged to $677 in 2022. In general, exports, however, saw a significant decrease.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | N/A | 0.2 | N/A | 0.7 | 87.1% |
| Indonesia | 5.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.0 | 0.2 | N/A | 0.7 | -48.1% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Sri Lanka in 2022:
- Maldives (471.0 kg)
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