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

Contents:

  1. Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Denmark (CIF) - 2022
  2. Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Denmark (FOB) - 2022
  3. Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Denmark
  4. Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Denmark

Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Denmark (CIF) - 2022

In 2022, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $2,847 per ton, growing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The growth pace was the most rapid in 2018 when the average import price increased by 20% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($7,745 per ton), while the price for China ($1,883 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Denmark (FOB) - 2022

The average export price for steel alloy wire of materials other than silico-manganese steels stood at $3,551 per ton in 2022, declining by -14.6% against the previous year. Overall, the export price, however, enjoyed a perceptible increase. The pace of growth was the most pronounced in 2013 an increase of 266%. As a result, the export price attained the peak level of $10,591 per ton. From 2014 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 ($37,685 per ton), while the average price for exports to Pakistan ($563 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 Faroe Islands (+47.0%), 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 Denmark

In 2022, the amount of steel alloy wire of materials other than silico-manganese steels imported into Denmark skyrocketed to 1.3K tons, jumping by 44% on 2021. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.6% against 2020 indices. As a result, imports reached 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 skyrocketed to $3.7M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained 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 Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7596568041,30519.8%
Netherlands33.055.559.8749183.1%
Czech Republic2562243922671.4%
South Korea14.36.2N/A227151.3%
Italy225176255194-4.8%
Vietnam66.085.915116836.5%
Sweden12312355.9122-0.3%
Slovakia62.198.124571.85.0%
Others25933836060332.5%
Total1,7971,7632,3233,70727.3%

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

  1. Germany (539.3 tons)
  2. Netherlands (368.6 tons)
  3. Vietnam (85.8 tons)
  4. Italy (66.8 tons)
  5. South Korea (58.5 tons)
  6. Czech Republic (43.0 tons)
  7. Slovakia (33.3 tons)
  8. Sweden (30.8 tons)

Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Denmark

In 2022, shipments abroad of steel alloy wire of materials other than silico-manganese steels decreased by -11% to 49 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 when exports increased by 2% against the previous year. As a result, the exports attained the peak of 94 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of steel alloy wire of materials other than silico-manganese steels plummeted to $174K in 2022. In general, exports showed a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 5.4% against the previous year. As a result, the exports attained the peak of $286K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway187147123157-5.7%
Pakistan2.94.76.84.616.6%
Sweden15.439.113.42.2-47.7%
Germany35.470.171.90.2-82.2%
South KoreaN/A13.5N/AN/A0%
Others30.111.313.19.2-32.6%
Total271286228174-13.7%

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

  1. Norway (40.1 tons)
  2. Pakistan (8.2 tons)
  3. Sweden (0.3 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 - Denmark