Price for Steel Alloy Wire of Silico-Manganese Steel in Luxembourg - 2023
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Luxembourg (CIF) - 2022
- Price for Steel Alloy Wire of Silico-Manganese Steel in Luxembourg (FOB) - 2022
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Luxembourg
- Exports of Steel Alloy Wire of Silico-Manganese Steel in Luxembourg
Price for Steel Alloy Wire of Silico-Manganese Steel in Luxembourg (CIF) - 2022
The average import price for steel alloy wire of silico-manganese steels stood at $779 per ton in 2022, surging by 46% against the previous year. Overall, the import price, however, faced a abrupt decline. Over the period under review, average import prices reached the maximum at $2,456 per ton in 2019; however, from 2020 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 Germany ($6,765 per ton), while the price for Belgium ($572 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.4%), while the prices for the other major suppliers experienced a decline.
Price for Steel Alloy Wire of Silico-Manganese Steel in Luxembourg (FOB) - 2022
The average export price for steel alloy wire of silico-manganese steels stood at $180 per ton in 2022, growing by 18% against the previous year. Over the period under review, the export price, however, showed a precipitous contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 543% against the previous year. As a result, the export price attained the peak level of $7,443 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($348 per ton), while the average price for exports to Belgium stood at $178 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-8.3%), while the prices for the other major destinations experienced a decline.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Luxembourg
In 2022, overseas purchases of steel alloy wire of silico-manganese steels decreased by -42.9% to 270 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 208%.
In value terms, imports of steel alloy wire of silico-manganese steels contracted notably to $211K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.2% 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 +37.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. As a result, imports attained the peak of $252K, and then dropped markedly in the following year.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 26.2 | 79.8 | 152 | 138 | 74.0% |
| France | 56.7 | 48.0 | 39.6 | 48.7 | -4.9% |
| Germany | 26.3 | 46.7 | 59.0 | 23.1 | -4.2% |
| Others | 44.2 | 1.3 | 1.5 | 0.5 | -77.6% |
| Total | 153 | 176 | 252 | 211 | 11.3% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Luxembourg in 2022:
- Belgium (242.0 tons)
- France (24.8 tons)
- Germany (3.4 tons)
Exports of Steel Alloy Wire of Silico-Manganese Steel in Luxembourg
In 2022, overseas shipments of steel alloy wire of silico-manganese steels decreased by -12.1% to 285 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 279% against the previous year.
In value terms, exports of steel alloy wire of silico-manganese steels expanded modestly to $51K in 2022. The total export value increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 26%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Steel Alloy Wire of Silico-Manganese Steel in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 29.0 | 44.1 | 48.8 | 49.9 | 19.8% |
| Poland | 11.0 | 5.8 | N/A | N/A | -47.3% |
| Others | 0.1 | 0.5 | 0.6 | 1.2 | 128.9% |
| Total | 40.0 | 50.4 | 49.4 | 51.1 | 8.5% |
Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Luxembourg in 2022:
- Belgium (281.2 tons)
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