Price for Steel Alloy Wire of Silico-Manganese Steel in Azerbaijan - 2024
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Azerbaijan (CIF) - 2022
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Azerbaijan
Price for Steel Alloy Wire of Silico-Manganese Steel in Azerbaijan (CIF) - 2022
In 2022, the average import price for steel alloy wire of silico-manganese steels amounted to $2,051 per ton, picking up by 31% against the previous year. Overall, the import price, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 57% against the previous year. The import price peaked at $3,231 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Italy ($14,030 per ton), while the price for Turkey ($1,837 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Azerbaijan
In 2022, approx. 606 tons of steel alloy wire of silico-manganese steels were imported into Azerbaijan; waning by -4% against 2021. Overall, imports recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 38%.
In value terms, imports of steel alloy wire of silico-manganese steels soared to $1.2M in 2022. In general, imports saw a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 42% against the previous year.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,292 | 544 | 631 | 1,025 | -7.4% |
| Russia | N/A | 22.8 | N/A | 147 | 153.9% |
| Ukraine | 0.8 | 37.2 | 40.1 | 55.4 | 310.7% |
| Czech Republic | 205 | 91.0 | 318 | 13.0 | -60.1% |
| Others | 41.0 | 2.5 | 1.0 | 2.6 | -60.1% |
| Total | 1,539 | 698 | 990 | 1,243 | -6.9% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Azerbaijan in 2022:
- Turkey (557.9 tons)
- Ukraine (27.4 tons)
- Russia (17.1 tons)
- Czech Republic (3.4 tons)
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