Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in South Africa - 2024
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in South Africa (CIF) - 2022
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in South Africa (FOB) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in South Africa
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in South Africa
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in South Africa (CIF) - 2022
In 2022, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $1,550 per ton, jumping by 46% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 47%. Over the period under review, average import prices attained the maximum at $1,707 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($8,308 per ton), while the price for China ($1,205 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.1%), 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 South Africa (FOB) - 2022
In 2022, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $1,817 per ton, rising by 50% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $1,919 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($3,302 per ton), while the average price for exports to Botswana ($1,316 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 Zimbabwe (+9.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in South Africa
In 2022, after two years of decline, there was significant growth in overseas purchases of steel alloy wire of materials other than silico-manganese steels, when their volume increased by 1,651% to 7.6K tons. Over the period under review, imports, however, showed a noticeable descent.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels surged to $12M in 2022. Overall, imports saw a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.5 | 4.0 | 0.3 | 7.4 | 4.4% |
| South Korea | N/A | 0.1 | N/A | 1.8 | 324.3% |
| Italy | 0.4 | 0.3 | N/A | 0.7 | 20.5% |
| Vietnam | 0.4 | 0.2 | N/A | 0.6 | 14.5% |
| Others | 1.0 | 1.2 | 0.1 | 1.4 | 11.9% |
| Total | 8.5 | 5.8 | 0.5 | 11.8 | 11.6% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to South Africa in 2022:
- China (6.1K tons)
- South Korea (0.4K tons)
- Vietnam (0.4K tons)
- Italy (0.2K tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in South Africa
In 2022, overseas shipments of steel alloy wire of materials other than silico-manganese steels were finally on the rise to reach 1K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a perceptible downturn.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels soared to $1.8M in 2022. Overall, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 630 | 432 | 14.0 | 418 | -12.8% |
| Swaziland | 232 | 77.8 | 7.9 | 332 | 12.7% |
| Zimbabwe | 69.7 | 106 | 60.5 | 324 | 66.9% |
| Botswana | 104 | 138 | 5.8 | 255 | 34.8% |
| Democratic Republic of the Congo | 60.6 | 5.5 | 0.3 | 225 | 54.8% |
| Zambia | 92.0 | 25.7 | 4.2 | 210 | 31.7% |
| Mozambique | 17.0 | 35.7 | 4.7 | 25.3 | 14.2% |
| Lesotho | 73.3 | 33.5 | 2.6 | 14.1 | -42.3% |
| Others | 220 | 42.4 | 4.3 | 32.7 | -47.0% |
| Total | 1,499 | 897 | 104 | 1,835 | 7.0% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from South Africa in 2022:
- Namibia (312.0 tons)
- Swaziland (198.0 tons)
- Botswana (193.5 tons)
- Zimbabwe (98.0 tons)
- Democratic Republic of the Congo (94.3 tons)
- Zambia (78.6 tons)
- Lesotho (14.5 tons)
- Mozambique (11.4 tons)
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