Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Czech Republic - 2024
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Czech Republic (FOB) - 2024
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Czech Republic (CIF) - 2024
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Czech Republic
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Czech Republic
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Czech Republic (FOB) - 2024
In January 2024, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $1,901 per ton, waning by -5.2% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average export price increased by 12% against the previous month. As a result, the export price attained the peak level of $2,232 per ton. From April 2023 to January 2024, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($3,132 per ton), while the average price for exports to Slovakia ($1,392 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Czech Republic (CIF) - 2024
The average import price for steel alloy wire of materials other than silico-manganese steels stood at $1,853 per ton in January 2024, surging by 1.7% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in November 2023 when the average import price increased by 6.1% m-o-m. Over the period under review, average import prices reached the peak figure at $2,085 per ton in April 2023; however, from May 2023 to January 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Germany ($3,111 per ton), while the price for Austria ($1,700 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Ukraine (+13.4%), 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 the Czech Republic
In 2022, exports of steel alloy wire of materials other than silico-manganese steels from the Czech Republic fell to 29K tons, shrinking by -2.5% against the previous year. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year. As a result, the exports attained the peak of 30K tons, and then dropped slightly in the following year.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels rose remarkably to $57M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 70%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 7.2 | 8.1 | 15.4 | 18.6 | 37.2% |
| Germany | 5.1 | 4.0 | 8.4 | 9.5 | 23.0% |
| Italy | 5.6 | 3.6 | 4.6 | 5.0 | -3.7% |
| Romania | 1.8 | 1.5 | 2.3 | 3.0 | 18.6% |
| Slovakia | 0.7 | 0.6 | 1.0 | 2.1 | 44.2% |
| Turkey | N/A | N/A | N/A | 1.8 | 0% |
| United States | 0.1 | 1.4 | 1.7 | 1.7 | 157.1% |
| Austria | 1.1 | 0.7 | 1.3 | 1.4 | 8.4% |
| South Korea | 0.3 | 0.4 | 1.2 | 1.2 | 58.7% |
| Saudi Arabia | 0.5 | 0.2 | 0.8 | 1.1 | 30.1% |
| France | 2.7 | 1.1 | 1.1 | 1.0 | -28.2% |
| China | 1.1 | 1.1 | 1.9 | 0.9 | -6.5% |
| Russia | 2.5 | 2.3 | 3.3 | 0.3 | -50.7% |
| Others | 8.8 | 6.3 | 10.3 | 9.8 | 3.7% |
| Total | 37.5 | 31.4 | 53.4 | 57.3 | 15.2% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from the Czech Republic in 2022:
- Poland (10.5K tons)
- Germany (5.2K tons)
- Italy (2.7K tons)
- Romania (1.6K tons)
- Slovakia (1.3K tons)
- United States (0.9K tons)
- Turkey (0.7K tons)
- Austria (0.7K tons)
- Saudi Arabia (0.5K tons)
- South Korea (0.5K tons)
- France (0.3K tons)
- China (0.3K tons)
- Russia (0.1K tons)
Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Czech Republic
After three years of growth, overseas purchases of steel alloy wire of materials other than silico-manganese steels decreased by -9.3% to 33K tons in 2022. The total import volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports reached the peak of 36K tons, and then contracted in the following year.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels rose modestly to $55M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. Over the period under review, imports of attained the maximum 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 the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 10.7 | 9.8 | 12.6 | 18.2 | 19.4% |
| France | 7.0 | 5.8 | 7.4 | 7.9 | 4.1% |
| Austria | 6.8 | 5.5 | 8.5 | 7.1 | 1.4% |
| Germany | 3.1 | 3.3 | 3.5 | 3.9 | 8.0% |
| Italy | 4.0 | 1.2 | 1.9 | 3.4 | -5.3% |
| Luxembourg | 2.8 | 2.2 | 3.1 | 3.2 | 4.6% |
| Ukraine | 0.1 | 1.2 | 4.5 | 2.8 | 203.7% |
| Russia | N/A | 3.8 | 5.6 | 2.7 | -15.7% |
| Poland | N/A | 0.1 | 0.2 | 1.7 | 312.3% |
| Others | 3.1 | 2.9 | 5.2 | 3.6 | 5.1% |
| Total | 37.6 | 35.9 | 52.4 | 54.5 | 13.2% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to the Czech Republic in 2022:
- Japan (9.9K tons)
- France (5.5K tons)
- Austria (4.4K tons)
- Russia (2.6K tons)
- Ukraine (2.3K tons)
- Poland (2.0K tons)
- Luxembourg (1.8K tons)
- Italy (1.6K tons)
- Germany (1.1K tons)
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