Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Finland - 2024
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Finland (CIF) - 2022
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Finland (FOB) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Finland
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Finland
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Finland (CIF) - 2022
In 2022, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $2,250 per ton, rising by 67% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $2,625 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 the Netherlands ($4,247 per ton), while the price for Russia ($1,098 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+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 Finland (FOB) - 2022
The average export price for steel alloy wire of materials other than silico-manganese steels stood at $6,098 per ton in 2022, falling by -43.3% against the previous year. In general, the export price, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2019 an increase of 3,375% against the previous year. As a result, the export price reached the peak level of $51,169 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($36,242 per ton), while the average price for exports to Egypt ($1,096 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 Russia (+35.5%), 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 Finland
In 2022, overseas purchases of steel alloy wire of materials other than silico-manganese steels decreased by -66.6% to 1.8K tons, falling for the second year in a row after two years of growth. Overall, imports, however, enjoyed tangible growth. The pace of growth was the most pronounced in 2020 when imports increased by 246% against the previous year. As a result, imports reached the peak of 5.7K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels declined rapidly to $4M in 2022. Over the period under review, imports recorded a noticeable decrease. The pace of growth was the most pronounced in 2020 when imports increased by 30% against the previous year.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 604 | 406 | 654 | 835 | 11.4% |
| Sweden | 175 | 540 | 628 | 790 | 65.3% |
| Germany | 471 | 135 | 86.7 | 674 | 12.7% |
| Russia | 1.4 | 1,159 | 2,346 | 509 | 613.7% |
| Turkey | 1,020 | 2,165 | 2,852 | 407 | -26.4% |
| Vietnam | 874 | 823 | 261 | 393 | -23.4% |
| Netherlands | 300 | 153 | 105 | 178 | -16.0% |
| Poland | 700 | 175 | N/A | 42.2 | -60.8% |
| Others | 211 | 83.6 | 156 | 135 | -13.8% |
| Total | 4,357 | 5,642 | 7,089 | 3,964 | -3.1% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Finland in 2022:
- Russia (464.0 tons)
- Turkey (311.2 tons)
- Germany (243.3 tons)
- Czech Republic (233.3 tons)
- Sweden (225.6 tons)
- Vietnam (203.3 tons)
- Netherlands (42.0 tons)
- Poland (11.2 tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Finland
After three years of growth, overseas shipments of steel alloy wire of materials other than silico-manganese steels decreased by -54.1% to 3.6 tons in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 237%. As a result, the exports reached the peak of 7.9 tons, and then fell notably in the following year.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels fell rapidly to $22K in 2022. Over the period under review, exports saw a dramatic descent. The pace of growth appeared the most rapid in 2021 when exports increased by 397%. As a result, the exports reached the peak of $85K, and then shrank dramatically in the following year.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | N/A | 1.5 | 8.2 | 7.1 | 117.6% |
| Sweden | 4.8 | 8.1 | 7.3 | 5.7 | 5.9% |
| Estonia | 4.0 | 3.8 | 4.0 | 3.4 | -5.3% |
| Russia | N/A | 1.8 | 59.3 | 2.9 | 26.9% |
| Latvia | 0.8 | 1.5 | 2.6 | 2.0 | 35.7% |
| Lithuania | 0.1 | 0.2 | 0.4 | 1.0 | 115.4% |
| Egypt | N/A | N/A | N/A | 0.1 | 0% |
| Vietnam | 65.8 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | N/A | 3.2 | N/A | 0% |
| Others | 0.8 | 0.2 | 0.4 | N/A | -29.3% |
| Total | 76.3 | 17.2 | 85.4 | 22.3 | -33.6% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Finland in 2022:
- Sweden (1464.0 kg)
- Estonia (1005.0 kg)
- Uruguay (566.0 kg)
- Latvia (278.0 kg)
- Lithuania (142.0 kg)
- Egypt (111.0 kg)
- Russia (80.0 kg)
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