Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Russia - 2022
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Russia (FOB) - 2022
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Russia (CIF) - 2022
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Russia
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Russia
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Russia (FOB) - 2022
The average export price for steel alloy wire of materials other than silico-manganese steels stood at $839 per ton in 2022, shrinking by -13% against the previous year. Overall, the export price saw a deep reduction. The growth pace was the most rapid in 2017 when the average export price increased by 79% against the previous year. As a result, the export price attained the peak level of $2,194 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1,226 per ton), while the average price for exports to the Czech Republic ($747 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 Slovakia (+30.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Russia (CIF) - 2022
In 2022, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $2,431 per ton, remaining constant against the previous year. Over the period under review, the import price showed a slight decline. The pace of growth appeared the most rapid in 2021 when the average import price increased by 26%. Over the period under review, average import prices attained the maximum at $2,886 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 ($5,831 per ton), while the price for Ukraine ($1,151 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Russia
For the fourth consecutive year, Russia recorded growth in shipments abroad of steel alloy wire of materials other than silico-manganese steels, which increased by 87% to 262K tons in 2022. Overall, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 2,223%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels surged to $220M in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,410% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 0.1 | 29.1 | 59.3 | 80.3 | 829.5% |
Germany | 0.2 | 11.5 | 25.8 | 43.4 | 500.9% |
Spain | N/A | 0.1 | 2.0 | 22.1 | 1386.6% |
Czech Republic | N/A | 3.5 | 5.3 | 9.5 | 64.8% |
Portugal | N/A | N/A | 0.6 | 8.7 | 1350.0% |
France | N/A | 0.2 | 4.3 | 8.6 | 555.7% |
Luxembourg | N/A | 2.4 | 6.3 | 6.6 | 65.8% |
Italy | N/A | 1.2 | 3.4 | 6.2 | 127.3% |
Netherlands | N/A | 2.5 | 4.3 | 5.3 | 45.6% |
Slovakia | N/A | 0.5 | 2.7 | 4.8 | 209.8% |
Lithuania | N/A | 2.6 | 6.6 | 3.8 | 20.9% |
Albania | N/A | N/A | N/A | 3.5 | 0% |
Sweden | N/A | 1.5 | 2.9 | 3.3 | 48.3% |
Others | 3.8 | 7.3 | 11.8 | 13.7 | 53.3% |
Total | 4.1 | 62.4 | 135 | 220 | 277.2% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Russia in 2022:
- Poland (106.7K tons)
- Germany (38.8K tons)
- Spain (29.4K tons)
- Czech Republic (12.8K tons)
- France (11.1K tons)
- Portugal (10.8K tons)
- Luxembourg (7.2K tons)
- Netherlands (6.9K tons)
- Slovakia (5.6K tons)
- Italy (5.1K tons)
- Sweden (4.2K tons)
- Albania (4.1K tons)
- Lithuania (3.9K tons)
Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Russia
In 2022, approx. 4.9K tons of steel alloy wire of materials other than silico-manganese steels were imported into Russia; which is down by -12.3% compared with 2021. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 18%.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels declined to $12M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. As a result, imports reached the peak of $14M, and then contracted in the following year.
Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 922 | 1,234 | 1,081 | 3,709 | 59.0% |
Ukraine | 697 | 695 | 276 | 1,880 | 39.2% |
Germany | 1,484 | 1,980 | 4,017 | 1,464 | -0.5% |
India | 21.8 | 111 | 273 | 935 | 250.0% |
South Korea | 34.4 | 92.8 | 436 | 770 | 181.8% |
Luxembourg | 173 | 225 | 150 | 618 | 52.9% |
Italy | 915 | 970 | 1,644 | 522 | -17.1% |
France | 152 | 113 | 69.9 | 378 | 35.5% |
Vietnam | 142 | 81.1 | 24.0 | 278 | 25.1% |
Sweden | 228 | 9.6 | 3.3 | 271 | 5.9% |
Slovenia | 133 | 50.0 | 51.2 | 264 | 25.7% |
Belarus | 27.6 | 10.7 | 320 | 245 | 107.1% |
Czech Republic | 2,625 | 2,471 | 3,332 | 243 | -54.8% |
Others | 2,498 | 1,083 | 1,852 | 217 | -55.7% |
Total | 10,054 | 9,127 | 13,527 | 11,795 | 5.5% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Russia in 2022:
- Ukraine (1633.5 tons)
- Austria (1096.3 tons)
- Luxembourg (330.1 tons)
- India (272.9 tons)
- Germany (251.1 tons)
- Italy (221.9 tons)
- Vietnam (210.5 tons)
- South Korea (204.9 tons)
- Belarus (120.3 tons)
- Czech Republic (108.3 tons)
- France (96.5 tons)
- Slovenia (95.1 tons)
- Sweden (84.9 tons)
This report provides an in-depth analysis of the market for iron and steel wire in the Russian Federation.
This report provides an in-depth analysis of the market for iron and steel wire in the Russian Federation.
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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