Price for Steel Alloy Wire of Silico-Manganese Steel in Austria - 2024
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Austria (CIF) - 2023
- Price for Steel Alloy Wire of Silico-Manganese Steel in Austria (FOB) - 2024
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Austria
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 0.2 | 0.9 | 2.9 | 6.6 | 220.8% |
Czech Republic | 2.7 | 2.7 | 3.3 | 3.1 | 4.7% |
Sweden | 0.2 | 0.4 | 0.3 | 1.2 | 81.7% |
Germany | 0.3 | 0.3 | 0.5 | 0.7 | 32.6% |
Slovenia | 0.3 | 0.3 | 0.2 | 0.1 | -30.7% |
Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 3.9 | 4.7 | 7.4 | 11.7 | 44.2% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Austria in 2022:
- Italy (3326.3 tons)
- Czech Republic (1528.1 tons)
- Germany (290.3 tons)
- Sweden (129.6 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | 47.9 | 129 | 424 | 1,271 | 198.3% |
Poland | 5.0 | 131 | 380 | 987 | 482.3% |
Slovenia | 88.3 | 151 | 325 | 492 | 77.3% |
Slovakia | 15.4 | 98.7 | 545 | 467 | 211.8% |
Serbia | 7.5 | 12.2 | 6.4 | 230 | 213.0% |
Liechtenstein | N/A | 86.9 | 154 | 225 | 60.9% |
Italy | 0.2 | 1.8 | 1.5 | 152 | 812.6% |
Croatia | 4.1 | 14.2 | 18.8 | 103 | 192.9% |
Czech Republic | 15.0 | 7.3 | 101 | 91.4 | 82.6% |
Bulgaria | 3.8 | 42.7 | 90.9 | 85.9 | 182.8% |
Others | 163 | 45.6 | 57.1 | 330 | 26.5% |
Total | 350 | 720 | 2,103 | 4,434 | 133.1% |
Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Austria in 2022:
- Hungary (576.0 tons)
- Poland (452.5 tons)
- Slovakia (225.1 tons)
- Slovenia (203.6 tons)
- Serbia (89.3 tons)
- Liechtenstein (84.5 tons)
- Italy (73.5 tons)
- Croatia (43.7 tons)
- Czech Republic (39.9 tons)
- Bulgaria (36.4 tons)
This report provides an in-depth analysis of the market for iron and steel wire in Austria.
This report provides an in-depth analysis of the market for iron and steel wire in Austria.
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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