Price for Steel Alloy Wire of Silico-Manganese Steel in Austria - 2024

Contents:

  1. Price for Steel Alloy Wire of Silico-Manganese Steel in Austria (CIF) - 2023
  2. Price for Steel Alloy Wire of Silico-Manganese Steel in Austria (FOB) - 2024
  3. Imports of Steel Alloy Wire of Silico-Manganese Steel in Austria
  4. Exports of Steel Alloy Wire of Silico-Manganese Steel in Austria

Price for Steel Alloy Wire of Silico-Manganese Steel in Austria (CIF) - 2023

The average import price for steel alloy wire of silico-manganese steels stood at $2,129 per ton in December 2023, which is down by -1.7% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 25% month-to-month. Over the period under review, average import prices reached the peak figure at $2,738 per ton in May 2023; however, from June 2023 to December 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($2,718 per ton), while the price for Turkey ($1,527 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.2%), while the prices for the other major suppliers experienced a decline.

Price for Steel Alloy Wire of Silico-Manganese Steel in Austria (FOB) - 2024

In January 2024, the average export price for steel alloy wire of silico-manganese steels amounted to $2,121 per ton, reducing by -5.4% against the previous month. Overall, the export price showed a mild curtailment. The growth pace was the most rapid in July 2023 when the average export price increased by 9.7% against the previous month. As a result, the export price reached the peak level of $2,702 per ton. From August 2023 to January 2024, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In January 2024, the country with the highest price was Serbia ($2,975 per ton), while the average price for exports to Bosnia and Herzegovina totaled $2,297 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel Alloy Wire of Silico-Manganese Steel in Austria

For the fourth consecutive year, Austria recorded growth in purchases abroad of steel alloy wire of silico-manganese steels, which increased by 27% to 5.4K tons in 2022. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of steel alloy wire of silico-manganese steels soared to $12M in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Steel Alloy Wire of Silico-Manganese Steel in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.20.92.96.6220.8%
Czech Republic2.72.73.33.14.7%
Sweden0.20.40.31.281.7%
Germany0.30.30.50.732.6%
Slovenia0.30.30.20.1-30.7%
Others0.10.10.10.10.0%
Total3.94.77.411.744.2%

Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Austria in 2022:

  1. Italy (3326.3 tons)
  2. Czech Republic (1528.1 tons)
  3. Germany (290.3 tons)
  4. Sweden (129.6 tons)
  5. Slovenia (65.7 tons)

Exports of Steel Alloy Wire of Silico-Manganese Steel in Austria

For the fourth year in a row, Austria recorded growth in shipments abroad of steel alloy wire of silico-manganese steels, which increased by 72% to 2K tons in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 182%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of steel alloy wire of silico-manganese steels skyrocketed to $4.4M in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 192%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Steel Alloy Wire of Silico-Manganese Steel in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary47.91294241,271198.3%
Poland5.0131380987482.3%
Slovenia88.315132549277.3%
Slovakia15.498.7545467211.8%
Serbia7.512.26.4230213.0%
LiechtensteinN/A86.915422560.9%
Italy0.21.81.5152812.6%
Croatia4.114.218.8103192.9%
Czech Republic15.07.310191.482.6%
Bulgaria3.842.790.985.9182.8%
Others16345.657.133026.5%
Total3507202,1034,434133.1%

Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Austria in 2022:

  1. Hungary (576.0 tons)
  2. Poland (452.5 tons)
  3. Slovakia (225.1 tons)
  4. Slovenia (203.6 tons)
  5. Serbia (89.3 tons)
  6. Liechtenstein (84.5 tons)
  7. Italy (73.5 tons)
  8. Croatia (43.7 tons)
  9. Czech Republic (39.9 tons)
  10. Bulgaria (36.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, alloy; wire, of silico-manganese steel - Austria