Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Germany - 2024
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Germany (CIF) - 2024
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Germany (FOB) - 2024
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Germany
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Germany
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Germany (CIF) - 2024
In January 2024, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $2,589 per ton, shrinking by -3.2% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 18% month-to-month. As a result, import price reached the peak level of $2,784 per ton. From May 2023 to January 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Japan ($7,307 per ton), while the price for Ukraine ($857 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Poland (+1.1%), 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 Germany (FOB) - 2024
The average export price for steel alloy wire of materials other than silico-manganese steels stood at $2,512 per ton in January 2024, falling by -8.5% against the previous month. Over the period under review, the export price saw a mild downturn. The growth pace was the most rapid in April 2023 an increase of 12% month-to-month. Over the period under review, the average export prices reached the maximum at $3,123 per ton in January 2023; however, from February 2023 to January 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In January 2024, the country with the highest price was India ($5,978 per ton), while the average price for exports to Turkey ($2,215 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 Mexico (+2.9%), 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 Germany
After three years of growth, overseas purchases of steel alloy wire of materials other than silico-manganese steels decreased by -19.7% to 125K tons in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +5.6% 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 +17.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 39% against the previous year. As a result, imports reached the peak of 156K tons, and then dropped significantly in the following year.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels fell to $292M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.5% 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 +52.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 59%. As a result, imports attained the peak of $305M, and then shrank modestly in the following year.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 60.7 | 52.4 | 69.4 | 63.5 | 1.5% |
| Austria | 46.1 | 37.6 | 54.1 | 55.5 | 6.4% |
| Netherlands | 21.2 | 18.4 | 24.4 | 28.7 | 10.6% |
| Japan | 15.8 | 9.8 | 18.6 | 22.5 | 12.5% |
| Italy | 16.1 | 12.5 | 19.7 | 22.1 | 11.1% |
| Turkey | 0.1 | 1.6 | 5.0 | 16.1 | 444.0% |
| Russia | 0.1 | 13.6 | 35.7 | 14.3 | 422.9% |
| Luxembourg | 17.7 | 11.5 | 13.2 | 14.1 | -7.3% |
| Czech Republic | 3.7 | 3.7 | 7.8 | 9.2 | 35.5% |
| Belgium | 7.2 | 6.6 | 8.3 | 8.6 | 6.1% |
| China | 4.7 | 3.1 | 5.4 | 8.4 | 21.4% |
| Poland | 2.6 | 3.3 | 5.9 | 7.4 | 41.7% |
| Ukraine | 0.7 | 4.5 | 13.4 | 4.6 | 87.3% |
| Others | 25.8 | 13.4 | 24.1 | 17.0 | -13.0% |
| Total | 223 | 192 | 305 | 292 | 9.4% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Germany in 2022:
- Austria (23.0K tons)
- Netherlands (17.2K tons)
- Sweden (16.1K tons)
- Russia (14.1K tons)
- Turkey (13.5K tons)
- Italy (9.5K tons)
- Luxembourg (5.0K tons)
- Poland (4.0K tons)
- Czech Republic (3.9K tons)
- Ukraine (3.7K tons)
- Belgium (3.0K tons)
- China (2.7K tons)
- Japan (2.2K tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Germany
In 2022, the amount of steel alloy wire of materials other than silico-manganese steels exported from Germany rose slightly to 75K tons, with an increase of 4.4% on 2021. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels surged to $204M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 10.7 | 12.6 | 19.7 | 25.9 | 34.3% |
| Switzerland | 24.1 | 17.1 | 21.4 | 22.4 | -2.4% |
| France | 7.5 | 5.7 | 8.0 | 16.3 | 29.5% |
| China | 11.1 | 17.6 | 18.4 | 14.9 | 10.3% |
| Czech Republic | 9.1 | 9.6 | 11.5 | 14.7 | 17.3% |
| Italy | 17.9 | 9.6 | 9.9 | 13.4 | -9.2% |
| Poland | 2.5 | 3.6 | 6.1 | 12.6 | 71.5% |
| Netherlands | 7.5 | 6.4 | 13.7 | 11.9 | 16.6% |
| Spain | 3.9 | 5.0 | 7.7 | 8.6 | 30.2% |
| United Kingdom | 2.2 | 3.5 | 5.8 | 7.7 | 51.8% |
| United States | 7.0 | 6.9 | 7.4 | 6.6 | -1.9% |
| Turkey | 2.1 | 2.4 | 3.3 | 5.7 | 39.5% |
| Ukraine | 2.7 | 2.6 | 4.2 | 5.1 | 23.6% |
| Others | 39.6 | 26.4 | 33.5 | 38.5 | -0.9% |
| Total | 148 | 129 | 171 | 204 | 11.3% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Germany in 2022:
- Switzerland (8.8K tons)
- France (8.2K tons)
- Czech Republic (8.0K tons)
- Netherlands (5.8K tons)
- Austria (5.5K tons)
- Poland (4.2K tons)
- Italy (3.7K tons)
- United Kingdom (3.5K tons)
- China (3.3K tons)
- Spain (2.7K tons)
- Turkey (2.6K tons)
- Ukraine (2.5K tons)
- United States (1.8K tons)
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