Price for Steel Alloy Wire of Silico-Manganese Steel in Saudi Arabia - 2022
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Saudi Arabia (CIF) - 2022
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Saudi Arabia
Price for Steel Alloy Wire of Silico-Manganese Steel in Saudi Arabia (CIF) - 2022
The average import price for steel alloy wire of silico-manganese steels stood at $1,037 per ton in 2021, approximately equating the previous year. Over the period under review, the import price showed a perceptible decline. The most prominent rate of growth was recorded in 2013 an increase of 33% against the previous year. As a result, import price attained the peak level of $1,981 per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($6,341 per ton), while the price for China ($1,201 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+26.3%), while the prices for the other major suppliers experienced a decline.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Saudi Arabia
In 2022, approx. 3.6K tons of steel alloy wire of silico-manganese steels were imported into Saudi Arabia; picking up by 50% against the previous year's figure. In general, imports, however, faced a abrupt shrinkage.
In value terms, imports of steel alloy wire of silico-manganese steels skyrocketed to $3.8M in 2022. Overall, imports, however, faced a abrupt shrinkage.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| India | 2.4 | 3.3 | 37.5% | ||
| China | 1.7 | 2.8 | 64.7% | ||
| Czech Republic | N/A | 1.5 | 0% | ||
| Turkey | 0.3 | N/A | 0% | ||
| Others | 0.6 | -5.2 | -966.7% | ||
| Total | 5.0 | 2.5 | -50.0% | ||
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Saudi Arabia in 2022:
- India (2.7K tons)
- China (2.4K tons)
- Czech Republic (0.2K tons)
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