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

Contents:

  1. Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Austria (FOB) - 2024
  2. Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Austria (CIF) - 2024
  3. Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Austria
  4. Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Austria

Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Austria (FOB) - 2024

In January 2024, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $2,621 per ton, declining by -4.5% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 16% month-to-month. Over the period under review, the average export prices reached the peak figure at $2,869 per ton in June 2023; however, from July 2023 to January 2024, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was India ($4,347 per ton), while the average price for exports to Liechtenstein ($1,501 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Austria (CIF) - 2024

The average import price for steel alloy wire of materials other than silico-manganese steels stood at $2,902 per ton in January 2024, reducing by -18.3% against the previous month. Overall, the import price saw a deep reduction. The pace of growth appeared the most rapid in March 2023 an increase of 68% month-to-month. Over the period under review, average import prices attained the peak figure at $9,391 per ton in June 2023; however, from July 2023 to January 2024, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($53,357 per ton), while the price for Serbia amounted to $1,087 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by South Korea (+20.4%), 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 Austria

In 2022, overseas shipments of steel alloy wire of materials other than silico-manganese steels were finally on the rise to reach 43K tons after two years of decline. In general, exports, however, recorded a noticeable reduction.

In value terms, exports of steel alloy wire of materials other than silico-manganese steels stood at $112M in 2022. The total export value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 34%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany39.535.844.345.34.7%
United States5.74.04.99.317.7%
Hungary11.47.37.68.8-8.3%
Italy5.43.35.37.411.1%
Czech Republic5.24.56.86.78.8%
Switzerland5.64.89.46.23.5%
China4.75.75.84.5-1.4%
LiechtensteinN/A0.23.14.2358.3%
Spain1.81.82.43.626.0%
Poland2.62.63.42.4-2.6%
Brazil1.31.41.51.913.5%
Slovenia1.31.43.21.913.5%
Slovakia1.11.31.61.10.0%
Others11.17.29.48.5-8.5%
Total96.781.31091125.0%

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

  1. Germany (16.6K tons)
  2. United States (3.8K tons)
  3. Hungary (3.7K tons)
  4. Italy (2.7K tons)
  5. Liechtenstein (2.6K tons)
  6. Czech Republic (2.5K tons)
  7. China (2.1K tons)
  8. Switzerland (1.8K tons)
  9. Spain (1.6K tons)
  10. Poland (1.3K tons)
  11. Brazil (0.7K tons)
  12. Slovenia (0.7K tons)
  13. Slovakia (0.4K tons)

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

In 2022, imports of steel alloy wire of materials other than silico-manganese steels into Austria contracted to 14K tons, with a decrease of -13.7% against 2021 figures. In general, total imports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +3.8% 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 +79.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 108%. As a result, imports attained the peak of 16K tons, and then declined in the following year.

In value terms, imports of steel alloy wire of materials other than silico-manganese steels soared to $53M in 2022. Over the period under review, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 86% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16.314.225.334.328.1%
Italy12.27.09.96.3-19.8%
Japan2.20.92.33.718.9%
Czech Republic0.40.50.90.931.0%
SerbiaN/AN/AN/A0.40%
VietnamN/A0.10.30.4100.0%
Others2.51.05.17.141.6%
Total33.723.643.953.016.3%

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

  1. Germany (8.7K tons)
  2. Italy (3.5K tons)
  3. Czech Republic (0.3K tons)
  4. Serbia (0.3K tons)
  5. Vietnam (0.2K tons)
  6. Japan (0.2K 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 - Austria