Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Norway - 2024

Contents:

  1. Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Norway (FOB) - 2022
  2. Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Norway (CIF) - 2022
  3. Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Norway
  4. Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Norway

Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Norway (FOB) - 2022

In 2022, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $3,201 per ton, shrinking by -3.5% against the previous year. Overall, the export price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2020 an increase of 7.3%. Over the period under review, the average export prices attained the peak figure at $5,175 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($4,090 per ton), while the average price for exports to China totaled $3,157 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+6.3%).

Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Norway (CIF) - 2022

The average import price for steel alloy wire of materials other than silico-manganese steels stood at $1,961 per ton in 2022, surging by 14% against the previous year. Overall, the import price, however, recorded a abrupt downturn. The growth pace was the most rapid in 2015 an increase of 27% against the previous year. The import price peaked at $6,223 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Germany ($4,746 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 Ukraine (+51.5%), while the prices for the other major suppliers experienced a decline.

Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Norway

In 2022, approx. 659 tons of steel alloy wire of materials other than silico-manganese steels were exported from Norway; shrinking by -44.6% compared with 2021 figures. Overall, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 37%.

In value terms, exports of steel alloy wire of materials other than silico-manganese steels dropped significantly to $2.1M in 2022. In general, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year. As a result, the exports reached the peak of $3.9M, and then fell rapidly in the following year.

Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.62.73.82.1-16.4%
Others0.10.10.2N/A41.4%
Total3.72.83.92.1-17.2%

Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Norway in 2022:

  1. China (654.3 tons)

Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Norway

In 2022, after three years of growth, there was significant decline in supplies from abroad of steel alloy wire of materials other than silico-manganese steels, when their volume decreased by -8.7% to 1K tons. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 105% against the previous year. As a result, imports attained the peak of 1.1K tons, and then shrank in the following year.

In value terms, imports of steel alloy wire of materials other than silico-manganese steels totaled $2M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 72%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/A89.1883922221.7%
Sweden64.714113621950.1%
Italy15554.390.720710.1%
UkraineN/A16.9118161208.7%
Germany80.318574.11007.6%
China47.142.746.690.924.5%
Czech Republic12662.854.060.1-21.9%
United Kingdom76.644.490.619.0-37.2%
South Korea151N/AN/A11.5-57.6%
Poland12.619454.68.9-10.9%
Denmark1561241212.6-74.5%
RussiaN/A52.40.4N/A-99.2%
Others13696.82281738.4%
Total1,0051,1031,8961,97525.3%

Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Norway in 2022:

  1. Turkey (664.9 tons)
  2. Ukraine (106.2 tons)
  3. Italy (64.7 tons)
  4. Sweden (53.9 tons)
  5. China (53.6 tons)
  6. Germany (21.1 tons)
  7. Czech Republic (13.0 tons)
  8. Poland (5.1 tons)
  9. United Kingdom (4.8 tons)
  10. South Korea (1.9 tons)
  11. Denmark (1.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, alloy; wire, of materials other than high speed or silico-manganese steel - Norway