Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Lithuania - 2024
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Lithuania (CIF) - 2022
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Lithuania (FOB) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Lithuania
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Lithuania
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Lithuania (CIF) - 2022
In 2022, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $1,131 per ton, picking up by 7.3% against the previous year. Overall, the import price, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2017 when the average import price increased by 799%. As a result, import price reached the peak level of $4,352 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($2,799 per ton), while the price for Russia ($1,078 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.0%), while the prices for the other major suppliers experienced a decline.
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Lithuania (FOB) - 2022
In 2022, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $1,939 per ton, increasing by 115% against the previous year. Overall, the export price, however, recorded a pronounced descent. The pace of growth was the most pronounced in 2017 when the average export price increased by 1,341% against the previous year. As a result, the export price attained the peak level of $11,024 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($11,637 per ton), while the average price for exports to Latvia ($1,269 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 the UK (+33.6%), 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 Lithuania
In 2022, approx. 13K tons of steel alloy wire of materials other than silico-manganese steels were imported into Lithuania; jumping by 65% on the previous year's figure. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,580% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels surged to $15M in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 749% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 2.2 | 6.6 | 12.5 | 138.4% |
| Turkey | N/A | 0.1 | 0.1 | 0.8 | 182.8% |
| Ukraine | 0.1 | 0.8 | 1.2 | 0.6 | 81.7% |
| Others | 0.3 | 0.5 | 0.6 | 0.9 | 44.2% |
| Total | 0.4 | 3.6 | 8.5 | 14.9 | 234.0% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Lithuania in 2022:
- Russia (11.6K tons)
- Turkey (0.6K tons)
- Ukraine (0.5K tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Lithuania
After three years of growth, shipments abroad of steel alloy wire of materials other than silico-manganese steels decreased by -57.4% to 696 tons in 2022. In general, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 668% against the previous year.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels shrank to $1.3M in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 220% against the previous year. As a result, the exports reached the peak of $1.5M, and then dropped in the following year.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 176 | 149 | 108 | 609 | 51.3% |
| Latvia | 2.4 | 244 | 1,160 | 548 | 511.2% |
| Uzbekistan | N/A | N/A | N/A | 90.3 | 0% |
| Belarus | 34.4 | 27.5 | N/A | 58.5 | 19.4% |
| Poland | N/A | 18.7 | 169 | N/A | 803.7% |
| Others | 6.9 | 19.7 | 32.5 | 43.8 | 85.2% |
| Total | 220 | 459 | 1,470 | 1,349 | 83.0% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Lithuania in 2022:
- Latvia (431.9 tons)
- Russia (199.4 tons)
- Uzbekistan (39.4 tons)
- Belarus (16.6 tons)
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