Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Hungary - 2024
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Hungary (CIF) - 2022
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Hungary (FOB) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Hungary
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Hungary
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Hungary (CIF) - 2022
In 2022, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $2,086 per ton, with an increase of 15% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2021 when the average import price increased by 15% 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 Germany ($3,119 per ton), while the price for Turkey ($1,387 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.5%), 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 Hungary (FOB) - 2022
The average export price for steel alloy wire of materials other than silico-manganese steels stood at $3,172 per ton in 2022, picking up by 65% against the previous year. Over the period under review, the export price, however, continues to indicate a deep downturn. The export price peaked at $10,590 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($10,332 per ton), while the average price for exports to Germany ($2,048 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 Poland (+21.7%), 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 Hungary
In 2022, approx. 14K tons of steel alloy wire of materials other than silico-manganese steels were imported into Hungary; with a decrease of -18.1% compared with the previous year's figure. In general, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 7.1%.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels declined to $28M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of $30M, and then dropped in the following year.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 8.1 | 6.2 | 7.3 | 7.7 | -1.7% |
| Sweden | 2.1 | 4.2 | 7.0 | 7.0 | 49.4% |
| Luxembourg | 2.5 | 2.1 | 3.0 | 3.0 | 6.3% |
| Italy | 0.7 | 0.5 | 1.5 | 2.9 | 60.6% |
| Germany | 1.9 | 2.1 | 2.5 | 2.3 | 6.6% |
| Poland | 1.4 | 0.8 | 1.5 | 1.3 | -2.4% |
| Turkey | N/A | N/A | 0.2 | 0.9 | 350.0% |
| Czech Republic | 3.7 | 2.6 | 1.1 | 0.9 | -37.6% |
| Ukraine | 0.3 | 1.3 | 1.3 | 0.4 | 10.1% |
| Netherlands | 2.1 | 1.1 | 0.9 | 0.3 | -47.7% |
| Belgium | 2.8 | 2.4 | 1.7 | N/A | -22.1% |
| Others | 1.0 | 1.0 | 2.1 | 1.4 | 11.9% |
| Total | 26.5 | 24.3 | 30.1 | 28.2 | 2.1% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Hungary in 2022:
- Austria (3.8K tons)
- Sweden (2.7K tons)
- Luxembourg (1.8K tons)
- Italy (1.5K tons)
- Turkey (0.7K tons)
- Poland (0.7K tons)
- Germany (0.7K tons)
- Czech Republic (0.4K tons)
- Ukraine (0.3K tons)
- Netherlands (0.1K tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Hungary
In 2022, shipments abroad of steel alloy wire of materials other than silico-manganese steels decreased by -63.3% to 62 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a dramatic descent. The growth pace was the most rapid in 2020 when exports increased by 189% against the previous year. As a result, the exports reached the peak of 631 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 dropped rapidly to $196K in 2022. In general, exports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 225% against the previous year. As a result, the exports reached the peak of $4.6M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 35.6 | 29.9 | 55.1 | 131 | 54.4% |
| Italy | N/A | N/A | 18.7 | 34.7 | 85.6% |
| Brazil | N/A | N/A | N/A | 14.2 | 0% |
| Germany | 1,258 | 0.9 | 217 | 8.5 | -81.1% |
| Sweden | N/A | N/A | N/A | 6.3 | 0% |
| Thailand | 105 | N/A | N/A | N/A | 0% |
| Poland | N/A | 4,570 | N/A | N/A | 0% |
| Netherlands | N/A | N/A | 15.8 | N/A | 0% |
| Others | 19.0 | 1.1 | 16.3 | 1.5 | -57.1% |
| Total | 1,418 | 4,602 | 323 | 196 | -48.3% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Hungary in 2022:
- Serbia (42.8 tons)
- Italy (11.0 tons)
- Germany (4.2 tons)
- Sweden (1.7 tons)
- Brazil (1.4 tons)
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