Price for Steel Alloy Wire of Silico-Manganese Steel in Iran - 2022

Contents:

  1. Price for Steel Alloy Wire of Silico-Manganese Steel in Iran (FOB) - 2022
  2. Price for Steel Alloy Wire of Silico-Manganese Steel in Iran (CIF) - 2022
  3. Exports of Steel Alloy Wire of Silico-Manganese Steel in Iran
  4. Imports of Steel Alloy Wire of Silico-Manganese Steel in Iran

Price for Steel Alloy Wire of Silico-Manganese Steel in Iran (FOB) - 2022

The average export price for steel alloy wire of silico-manganese steels stood at $1,148 per ton in 2022, surging by 13% against the previous year. In general, the export price, however, continues to indicate a drastic downturn. The export price peaked at $5,751 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($1,358 per ton), while the average price for exports to Iraq ($327 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+41.8%), while the prices for the other major destinations experienced a decline.

Price for Steel Alloy Wire of Silico-Manganese Steel in Iran (CIF) - 2022

The average import price for steel alloy wire of silico-manganese steels stood at $1,326 per ton in 2022, surging by 4.7% against the previous year. In general, the import price showed a moderate increase. The growth pace was the most rapid in 2018 an increase of 38% against the previous year. The import price peaked at $1,397 per ton in 2020; however, from 2021 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 Turkey ($3,755 per ton), while the price for France ($660 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Steel Alloy Wire of Silico-Manganese Steel in Iran

Exports of steel alloy wire of silico-manganese steels from Iran soared to 1.4K tons in 2022, jumping by 241% against the previous year. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of steel alloy wire of silico-manganese steels surged to $1.6M in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Steel Alloy Wire of Silico-Manganese Steel in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey2303213721,32279.1%
Spain9.612916.6123134.0%
UzbekistanN/AN/A13.8121776.8%
Qatar54.155.8N/AN/A3.1%
Others16.812.111.831.923.8%
Total3115174141,59872.6%

Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Iran in 2022:

  1. Turkey (1122.1 tons)
  2. Uzbekistan (139.6 tons)
  3. Spain (93.8 tons)

Imports of Steel Alloy Wire of Silico-Manganese Steel in Iran

In 2022, the amount of steel alloy wire of silico-manganese steels imported into Iran reduced to 166 tons, which is down by -8.4% compared with 2021. Overall, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year.

In value terms, imports of steel alloy wire of silico-manganese steels reduced to $221K in 2022. Over the period under review, imports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2021 when imports increased by 8.8%.

Import of Steel Alloy Wire of Silico-Manganese Steel in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12210391.990.3-9.5%
South Korea35.130.327.432.8-2.2%
Turkey27.116.453.928.41.6%
United Arab Emirates24.422.221.226.93.3%
France13.712.311.614.41.7%
Czech Republic7.97.06.68.21.3%
India6.15.04.34.9-7.0%
Others12.614.913.014.75.3%
Total249211230221-3.9%

Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Iran in 2022:

  1. China (64.1 tons)
  2. South Korea (33.4 tons)
  3. United Arab Emirates (25.4 tons)
  4. France (21.8 tons)
  5. Turkey (7.6 tons)
  6. India (5.5 tons)
  7. Czech Republic (2.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, alloy; wire, of silico-manganese steel - Iran