Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Egypt - 2024
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Egypt (CIF) - 2022
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Egypt (FOB) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Egypt
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Egypt
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Egypt (CIF) - 2022
The average import price for steel alloy wire of materials other than silico-manganese steels stood at $2,153 per ton in 2022, with an increase of 32% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 1,384%. As a result, import price reached the peak level of $22,448 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Russia ($2,153 per ton) and India ($2,153 per ton), while the price for Italy ($2,153 per ton) and France ($2,153 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+31.7%), 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 Egypt (FOB) - 2022
The average export price for steel alloy wire of materials other than silico-manganese steels stood at $1,877 per ton in 2022, declining by -7.6% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 304%. The export price peaked at $2,032 per ton in 2021, and then declined in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($1,877 per ton), while the average price for exports to Kenya totaled $1,877 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+15.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Egypt
In 2022, imports of steel alloy wire of materials other than silico-manganese steels into Egypt contracted to 3K tons, declining by -12.3% on 2021. Overall, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 537% against the previous year. As a result, imports attained the peak of 3.4K tons, and then declined in the following year.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels surged to $6.4M in 2022. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 611% against the previous year. Imports peaked 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 Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,549 | 692 | 2,270 | 2,890 | 23.1% |
| Turkey | 29.8 | N/A | 765 | 2,803 | 354.8% |
| India | 31.0 | 3.3 | 85.4 | 239 | 97.6% |
| Russia | N/A | N/A | N/A | 125 | 0% |
| France | 172 | 11.5 | 376 | 109 | -14.1% |
| Italy | 166 | 22.2 | 35.0 | 102 | -15.0% |
| United Arab Emirates | N/A | N/A | 1,771 | 0.1 | -100.0% |
| Others | 56.2 | 47.0 | 211 | 101 | 21.6% |
| Total | 2,004 | 776 | 5,514 | 6,370 | 47.0% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Egypt in 2022:
- China (1342.4 tons)
- Turkey (1301.9 tons)
- India (111.0 tons)
- Russia (58.3 tons)
- France (50.7 tons)
- Italy (47.6 tons)
- United Arab Emirates (0.1 tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Egypt
In 2022, approx. 151 tons of steel alloy wire of materials other than silico-manganese steels were exported from Egypt; increasing by 90% on the previous year. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 292% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels soared to $284K in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 310%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | N/A | 63.5 | 160 | 152.0% |
| Kenya | N/A | N/A | N/A | 124 | 0% |
| Jordan | 1.4 | N/A | 98.4 | N/A | 738.4% |
| Ethiopia | 135 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | 39.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 137 | 39.5 | 162 | 284 | 27.5% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Egypt in 2022:
- Saudi Arabia (85.2 tons)
- Kenya (65.9 tons)
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