Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Croatia - 2024
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Croatia (CIF) - 2024
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Croatia (FOB) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Croatia
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Croatia
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Croatia (CIF) - 2024
The average import price for steel alloy wire of materials other than silico-manganese steels stood at $929 per ton in January 2024, with an increase of 19% against the previous month. Overall, the import price, however, recorded a abrupt slump. The growth pace was the most rapid in November 2023 when the average import price increased by 78% m-o-m. The import price peaked at $4,303 per ton in August 2023; however, from September 2023 to January 2024, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2023 to January 2024, the rate of growth in terms of prices for Austria amounted to +7.2% per month.
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Croatia (FOB) - 2022
The average export price for steel alloy wire of materials other than silico-manganese steels stood at $2,878 per ton in 2022, rising by 6.6% against the previous year. Over the period under review, the export price saw a notable increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 70% against the previous year. As a result, the export price reached the peak level of $3,247 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($4,897 per ton), while the average price for exports to Italy ($1,164 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 Bulgaria (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Croatia
In 2022, overseas purchases of steel alloy wire of materials other than silico-manganese steels increased by 79% to 777 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a buoyant expansion. 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 soared to $1.7M in 2022. Overall, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 295 | 207 | 179 | 413 | 11.9% |
| Austria | 223 | 174 | 260 | 362 | 17.5% |
| Germany | 137 | 153 | 150 | 313 | 31.7% |
| Slovenia | 207 | 266 | 31.3 | 163 | -7.7% |
| Turkey | N/A | 8.7 | 114 | 147 | 311.1% |
| Hungary | 61.2 | 50.5 | 110 | 117 | 24.1% |
| Bulgaria | 54.5 | N/A | 43.4 | 53.5 | -0.6% |
| Others | 41.9 | 50.2 | 96.1 | 161 | 56.6% |
| Total | 1,019 | 909 | 983 | 1,730 | 19.3% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Croatia in 2022:
- Italy (204.9 tons)
- Germany (166.8 tons)
- Austria (139.5 tons)
- Turkey (138.1 tons)
- Slovenia (42.4 tons)
- Hungary (30.8 tons)
- Bulgaria (28.2 tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Croatia
For the fourth consecutive year, Croatia recorded growth in shipments abroad of steel alloy wire of materials other than silico-manganese steels, which increased by 16% to 80 tons in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 109% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels soared to $231K in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 42% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | N/A | 31.0 | 51.8 | 104 | 83.2% |
| Bosnia and Herzegovina | 19.8 | 21.3 | 46.0 | 59.6 | 44.4% |
| Slovenia | 13.9 | 36.4 | 5.4 | 32.7 | 33.0% |
| Libya | N/A | N/A | N/A | 11.9 | 0% |
| Serbia | 29.3 | 13.0 | 18.3 | 8.7 | -33.3% |
| Germany | 26.5 | 16.3 | 26.8 | 5.6 | -40.4% |
| Italy | N/A | 0.1 | N/A | 4.1 | 540.3% |
| Hungary | 3.7 | 12.7 | 28.7 | 1.1 | -33.3% |
| Others | 2.1 | N/A | 9.5 | 3.1 | 13.9% |
| Total | 95.3 | 131 | 186 | 231 | 34.3% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Croatia in 2022:
- Bulgaria (40.1 tons)
- Bosnia and Herzegovina (15.6 tons)
- Slovenia (9.5 tons)
- Serbia (5.8 tons)
- Libya (3.7 tons)
- Italy (3.5 tons)
- Germany (1.1 tons)
- Hungary (0.2 tons)
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