Price for Steel Alloy Wire of Silico-Manganese Steel in Slovakia - 2024

Contents:

  1. Price for Steel Alloy Wire of Silico-Manganese Steel in Slovakia (CIF) - 2022
  2. Price for Steel Alloy Wire of Silico-Manganese Steel in Slovakia (FOB) - 2023
  3. Imports of Steel Alloy Wire of Silico-Manganese Steel in Slovakia
  4. Exports of Steel Alloy Wire of Silico-Manganese Steel in Slovakia

Price for Steel Alloy Wire of Silico-Manganese Steel in Slovakia (CIF) - 2022

In 2022, the average import price for steel alloy wire of silico-manganese steels amounted to $2,519 per ton, picking up by 59% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel alloy wire of silico-manganese steels increased by +76.5% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Slovenia ($5,240 per ton), while the price for China ($1,462 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel Alloy Wire of Silico-Manganese Steel in Slovakia (FOB) - 2023

The average export price for steel alloy wire of silico-manganese steels stood at $2,145 per ton in December 2023, dropping by -4.1% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 14% month-to-month. Over the period under review, the average export prices attained the maximum at $2,541 per ton in January 2023; however, from February 2023 to December 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In December 2023, the country with the highest price was the Czech Republic ($2,313 per ton), while the average price for exports to Poland stood at $2,066 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+0.1%).

Imports of Steel Alloy Wire of Silico-Manganese Steel in Slovakia

In 2022, imports of steel alloy wire of silico-manganese steels into Slovakia soared to 8.4K tons, rising by 32% against the previous year's figure. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.7% against 2020 indices. 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 silico-manganese steels skyrocketed to $21M in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Steel Alloy Wire of Silico-Manganese Steel in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic4.84.65.16.912.9%
SloveniaN/AN/AN/A5.00%
Germany0.10.20.33.9239.1%
Poland0.20.31.12.0115.4%
China1.20.80.71.20.0%
Italy1.82.91.91.0-17.8%
Austria0.40.30.60.826.0%
Others0.60.10.20.4-12.6%
Total9.19.110.021.132.4%

Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Slovakia in 2022:

  1. Czech Republic (3.9K tons)
  2. Germany (1.1K tons)
  3. Slovenia (1.0K tons)
  4. Poland (0.8K tons)
  5. China (0.8K tons)
  6. Italy (0.5K tons)
  7. Austria (0.2K tons)

Exports of Steel Alloy Wire of Silico-Manganese Steel in Slovakia

In 2022, shipments abroad of steel alloy wire of silico-manganese steels was finally on the rise to reach 246 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of steel alloy wire of silico-manganese steels soared to $528K in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Steel Alloy Wire of Silico-Manganese Steel in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic46.614.97.4484118.2%
PolandN/AN/AN/A44.70%
Serbia1.83.012.7N/A165.6%
Ukraine20.6N/AN/AN/A0%
Others2.08.46.4N/A78.9%
Total71.026.326.552895.2%

Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Slovakia in 2022:

  1. Czech Republic (226.2 tons)
  2. Poland (20.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, alloy; wire, of silico-manganese steel - Slovakia