Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Iran - 2022
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Iran (CIF) - 2022
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Iran (FOB) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Iran
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Iran
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Iran (CIF) - 2022
In 2022, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $1,090 per ton, approximately mirroring the previous year. Over the period under review, the import price continues to indicate a mild shrinkage. The growth pace was the most rapid in 2016 when the average import price increased by 9% against the previous year. Over the period under review, average import prices reached the maximum at $1,257 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($3,487 per ton), while the price for China amounted to $1,073 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+15.5%), 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 Iran (FOB) - 2022
In 2022, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $816 per ton, leveling off at the previous year. In general, the export price showed a abrupt contraction. The growth pace was the most rapid in 2017 when the average export price increased by 645%. Over the period under review, the average export prices hit record highs at $8,859 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($824 per ton), while the average price for exports to Tajikistan totaled $668 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+149.3%), 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 Iran
In 2022, approx. 11K tons of steel alloy wire of materials other than silico-manganese steels were imported into Iran; flattening at 2021. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 0.6% against the previous year.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels declined to $11M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 1%.
Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Iran (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.5 | 10.9 | 10.9 | 11.1 | 14.0% |
Turkey | 0.2 | N/A | 0.3 | 0.1 | -20.6% |
Thailand | 0.6 | N/A | N/A | N/A | 0% |
India | 3.2 | N/A | N/A | N/A | 0% |
Others | 0.1 | 0.5 | 0.3 | 0.3 | 44.2% |
Total | 11.6 | 11.4 | 11.5 | 11.5 | -0.3% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Iran in 2022:
- China (10.3K tons)
- Turkey (0.1K tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Iran
In 2022, overseas shipments of steel alloy wire of materials other than silico-manganese steels were finally on the rise to reach 172 tons after two years of decline. Over the period under review, exports, however, continue to indicate a noticeable setback.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels stood at $140K in 2022. The total export value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 25%. As a result, the exports reached the peak of $148K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Iran (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | N/A | 134 | 126 | 134 | 0.0% |
Tajikistan | N/A | N/A | 6.5 | 5.8 | -10.8% |
Georgia | 101 | 13.5 | N/A | N/A | -86.6% |
Others | 17.3 | 0.5 | 0.1 | N/A | -92.4% |
Total | 118 | 148 | 133 | 140 | 5.9% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Iran in 2022:
- Turkey (163.2 tons)
- Tajikistan (8.7 tons)
This report provides an in-depth analysis of the market for iron and steel wire in Iran.
This report provides an in-depth analysis of the market for iron and steel wire in Iran.
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