Price for Steel Alloy Wire of Silico-Manganese Steel in France - 2024
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in France (CIF) - 2024
- Price for Steel Alloy Wire of Silico-Manganese Steel in France (FOB) - 2024
- Imports of Steel Alloy Wire of Silico-Manganese Steel in France
- Exports of Steel Alloy Wire of Silico-Manganese Steel in France
Price for Steel Alloy Wire of Silico-Manganese Steel in France (CIF) - 2024
In January 2024, the average import price for steel alloy wire of silico-manganese steels amounted to $1,681 per ton, falling by -16.2% against the previous month. Over the period under review, the import price saw a mild setback. The most prominent rate of growth was recorded in December 2023 when the average import price increased by 8.4% month-to-month. As a result, import price attained the peak level of $2,005 per ton, and then fell markedly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was South Korea ($2,038 per ton), while the price for China ($1,119 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 Turkey (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel Alloy Wire of Silico-Manganese Steel in France (FOB) - 2024
The average export price for steel alloy wire of silico-manganese steels stood at $2,034 per ton in January 2024, declining by -6.4% against the previous month. Overall, the export price showed a mild descent. The pace of growth was the most pronounced in March 2023 an increase of 14% m-o-m. The export price peaked at $2,469 per ton in January 2023; however, from February 2023 to January 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($4,266 per ton), while the average price for exports to Norway ($2,319 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 Portugal (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel Alloy Wire of Silico-Manganese Steel in France
In 2022, the amount of steel alloy wire of silico-manganese steels imported into France totaled 18K tons, therefore, remained relatively stable against the year before. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of steel alloy wire of silico-manganese steels soared to $31M in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Steel Alloy Wire of Silico-Manganese Steel in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 7.6 | 7.8 | 8.3 | 9.1 | 6.2% |
| China | 6.9 | 3.9 | 6.0 | 7.4 | 2.4% |
| Italy | 0.6 | 0.8 | 5.5 | 7.2 | 128.9% |
| Germany | 0.9 | 1.2 | 2.6 | 2.6 | 42.4% |
| United Kingdom | N/A | 0.1 | 2.0 | 2.5 | 400.0% |
| Turkey | 0.5 | 0.2 | 0.5 | 1.0 | 26.0% |
| South Korea | 0.2 | N/A | N/A | 0.6 | 44.2% |
| Others | 0.8 | 1.0 | 1.0 | 0.9 | 4.0% |
| Total | 17.6 | 15.0 | 25.8 | 31.3 | 21.2% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to France in 2022:
- Czech Republic (5.8K tons)
- China (4.6K tons)
- Italy (3.8K tons)
- United Kingdom (1.3K tons)
- Germany (1.1K tons)
- Turkey (0.6K tons)
- South Korea (0.3K tons)
Exports of Steel Alloy Wire of Silico-Manganese Steel in France
In 2022, after three years of growth, there was significant decline in overseas shipments of steel alloy wire of silico-manganese steels, when their volume decreased by -31.5% to 3.3K tons. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 345% against the previous year. As a result, the exports attained the peak of 4.9K tons, and then contracted notably in the following year.
In value terms, exports of steel alloy wire of silico-manganese steels fell to $6.3M in 2022. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 420% against the previous year. As a result, the exports attained the peak of $6.7M, and then declined in the following year.
| Export of Steel Alloy Wire of Silico-Manganese Steel in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 451 | 348 | 1,659 | 1,953 | 63.0% |
| Romania | 5.1 | 58.4 | 11.2 | 934 | 467.9% |
| Italy | 219 | 212 | 989 | 824 | 55.5% |
| Portugal | 61.7 | 159 | 439 | 526 | 104.3% |
| Belgium | 14.1 | 104 | 395 | 501 | 228.8% |
| Netherlands | 42.5 | 39.6 | 543 | 441 | 118.1% |
| United Kingdom | 38.0 | 68.7 | 772 | 303 | 99.8% |
| Poland | 41.2 | 111 | 1,169 | 183 | 64.4% |
| Others | 485 | 182 | 694 | 626 | 8.9% |
| Total | 1,358 | 1,282 | 6,670 | 6,291 | 66.7% |
Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from France in 2022:
- Spain (1092.5 tons)
- Romania (524.3 tons)
- Italy (442.1 tons)
- Portugal (298.6 tons)
- Netherlands (225.9 tons)
- Belgium (225.4 tons)
- United Kingdom (168.4 tons)
- Poland (94.9 tons)
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