Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Romania - 2024
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Romania (CIF) - 2024
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Romania (FOB) - 2024
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Romania
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Romania
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Romania (CIF) - 2024
The average import price for steel alloy wire of materials other than silico-manganese steels stood at $1,812 per ton in January 2024, jumping by 28% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was Turkey ($957 per ton), while the price for China totaled $840 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Luxembourg (+2.8%), 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 Romania (FOB) - 2024
In January 2024, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $687 per ton, leveling off at the previous month. Overall, the export price, however, showed a deep downturn. The most prominent rate of growth was recorded in June 2023 an increase of 19% month-to-month. Over the period under review, the average export prices attained the peak figure at $3,970 per ton in February 2023; however, from March 2023 to January 2024, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($9,496 per ton), while the average price for exports to the UK stood at $3,175 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+0.2%), 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 Romania
In 2022, overseas purchases of steel alloy wire of materials other than silico-manganese steels decreased by -1.6% to 15K tons, falling for the second consecutive year after two years of growth. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 285%. As a result, imports attained the peak of 20K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels stood at $23M in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 188%. As a result, imports attained the peak of $27M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 0.4 | 3.9 | 8.7 | 10.2 | 194.3% |
Czech Republic | 1.3 | 1.9 | 3.1 | 3.6 | 40.4% |
Italy | 2.3 | 1.7 | 2.1 | 2.1 | -3.0% |
Netherlands | 1.5 | 0.7 | 1.7 | 1.9 | 8.2% |
Germany | 1.0 | 0.8 | 1.2 | 1.3 | 9.1% |
Ukraine | 0.4 | 3.1 | 1.8 | 0.7 | 20.5% |
North Macedonia | N/A | N/A | N/A | 0.6 | 0% |
China | N/A | 0.3 | 0.5 | 0.4 | 15.5% |
Poland | 1.4 | 1.5 | 0.8 | 0.1 | -58.5% |
Japan | N/A | 11.9 | 1.1 | N/A | -90.8% |
Others | 0.9 | 0.7 | 1.5 | 2.1 | 32.6% |
Total | 9.2 | 26.5 | 22.5 | 23.0 | 35.7% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Romania in 2022:
- Turkey (8.4K tons)
- Czech Republic (2.0K tons)
- Netherlands (1.0K tons)
- Italy (0.9K tons)
- Ukraine (0.6K tons)
- North Macedonia (0.5K tons)
- China (0.3K tons)
- Germany (0.3K tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Romania
In 2022, shipments abroad of steel alloy wire of materials other than silico-manganese steels was finally on the rise to reach 299 tons after two years of decline. Overall, exports, however, faced a deep downturn.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels surged to $640K in 2022. Over the period under review, exports, however, saw a abrupt decrease.
Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | 122 | 302 | 294 | 148 | 6.7% |
China | N/A | N/A | 62.8 | 112 | 78.3% |
Hungary | 0.4 | 11.1 | 0.1 | 96.5 | 522.5% |
France | 38.0 | 7.5 | 6.9 | 89.8 | 33.2% |
Italy | 167 | 25.3 | 43.4 | 55.7 | -30.7% |
Saudi Arabia | N/A | N/A | 2.7 | 16.7 | 518.5% |
Germany | 46.1 | 3.9 | 5.3 | 13.0 | -34.4% |
Slovenia | N/A | N/A | N/A | 9.5 | 0% |
United Kingdom | 24.0 | 27.0 | N/A | 0.1 | -83.9% |
Spain | 39.9 | 1.3 | N/A | N/A | -96.7% |
Poland | 352 | 167 | 3.6 | N/A | -89.9% |
Others | 59.1 | 10.9 | 89.5 | 98.9 | 18.7% |
Total | 848 | 556 | 509 | 640 | -9.0% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Romania in 2022:
- Bulgaria (131.8 tons)
- Hungary (61.5 tons)
- France (51.3 tons)
- Italy (17.9 tons)
- China (12.3 tons)
- Saudi Arabia (5.3 tons)
- Slovenia (5.0 tons)
- Germany (4.8 tons)
This report provides an in-depth analysis of the market for iron and steel wire in Romania.
This report provides an in-depth analysis of the market for iron and steel wire in Romania.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the global market for iron and steel wire.
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