Price for Steel Alloy Wire of Silico-Manganese Steel in Ghana - 2023
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Ghana (CIF) - 2022
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Ghana
Price for Steel Alloy Wire of Silico-Manganese Steel in Ghana (CIF) - 2022
The average import price for steel alloy wire of silico-manganese steels stood at $5,155 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price saw a sharp curtailment. The pace of growth was the most pronounced in 2016 an increase of 54% against the previous year. The import price peaked at $157,662 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Turkey ($12,245 per ton), while the price for China ($851 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.7%), while the prices for the other major suppliers experienced a decline.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Ghana
In 2022, supplies from abroad of steel alloy wire of silico-manganese steels decreased by 0% to 1.5 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of steel alloy wire of silico-manganese steels stood at $7.5K in 2022. In general, imports recorded a significant increase. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | N/A | 3.1 | 0% |
| Turkey | N/A | N/A | N/A | 1.2 | 0% |
| Netherlands | 0.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 3.3 | 0% |
| Total | 0.5 | N/A | N/A | 7.5 | 146.6% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Ghana in 2022:
- Australia (1324.0 kg)
- Turkey (95.0 kg)
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