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

Contents:

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

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

The average import price for steel alloy wire of materials other than silico-manganese steels stood at $1,349 per ton in 2022, picking up by 4% against the previous year. Overall, the import price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 37% against the previous year. The import price peaked at $2,827 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,301 per ton), while the price for Russia ($1,103 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $1,015 per ton, declining by -11.8% against the previous year. Over the period under review, the export price recorded a noticeable slump. The pace of growth was the most pronounced in 2014 an increase of 205%. As a result, the export price reached the peak level of $4,211 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($4,671 per ton), while the average price for exports to Cabo Verde ($911 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 Netherlands (+23.5%), 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 Portugal

For the fourth consecutive year, Portugal recorded growth in supplies from abroad of steel alloy wire of materials other than silico-manganese steels, which increased by 27% to 14K tons in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 172% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of steel alloy wire of materials other than silico-manganese steels surged to $19M in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 111% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1.45.49.912.3106.3%
RussiaN/AN/A0.41.6300.0%
Italy1.31.00.91.54.9%
Spain0.52.01.41.130.1%
Netherlands0.70.40.90.6-5.0%
Others0.40.50.81.762.0%
Total4.49.314.418.962.6%

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

  1. Turkey (10.5K tons)
  2. Russia (1.5K tons)
  3. Italy (1.0K tons)
  4. Spain (0.5K tons)
  5. Netherlands (0.4K tons)

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

In 2022, exports of steel alloy wire of materials other than silico-manganese steels from Portugal soared to 1.4K tons, jumping by 55% on 2021. Overall, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 1,670% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of steel alloy wire of materials other than silico-manganese steels surged to $1.4M in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 720% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cabo VerdeN/A0.47011,1465252.6%
Spain69.082.322520744.2%
Others52.941.794.741.1-8.1%
Total1221241,0211,394125.2%

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

  1. Cabo Verde (1257.6 tons)
  2. Spain (110.1 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 - Portugal