Price for Steel Alloy Wire of Silico-Manganese Steel in Ecuador - 2022
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Ecuador (CIF) - 2022
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Ecuador
Price for Steel Alloy Wire of Silico-Manganese Steel in Ecuador (CIF) - 2022
In 2022, the average import price for steel alloy wire of silico-manganese steels amounted to $1,793 per ton, rising by 86% against the previous year. Overall, the import price showed a pronounced expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,901 per ton), while the price for Hong Kong SAR ($1,415 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Ecuador
In 2022, the amount of steel alloy wire of silico-manganese steels imported into Ecuador contracted sharply to 1.8K tons, dropping by -61.6% against 2021. Overall, imports showed a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 195% against the previous year.
In value terms, imports of steel alloy wire of silico-manganese steels dropped rapidly to $3.1M in 2022. In general, imports continue to indicate a perceptible setback. The growth pace was the most rapid in 2021 with an increase of 280%. As a result, imports reached the peak of $4.4M, and then dropped notably in the following year.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,175 | 915 | 3,859 | 2,624 | -6.2% |
| Hong Kong SAR | 18.7 | 122 | 286 | 262 | 141.1% |
| United States | 112 | 34.0 | 122 | 110 | -0.6% |
| Others | 115 | 92.5 | 149 | 152 | 9.7% |
| Total | 3,420 | 1,163 | 4,416 | 3,149 | -2.7% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Ecuador in 2022:
- China (1479.7 tons)
- Hong Kong SAR (185.3 tons)
- United States (28.2 tons)
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