Price for Steel Alloy Wire of Silico-Manganese Steel in Panama - 2024
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Panama (CIF) - 2022
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Panama
Price for Steel Alloy Wire of Silico-Manganese Steel in Panama (CIF) - 2022
In 2022, the average import price for steel alloy wire of silico-manganese steels amounted to $2,287 per ton, growing by 2% against the previous year. Overall, the import price, however, recorded a deep reduction. The growth pace was the most rapid in 2014 an increase of 443%. As a result, import price reached the peak level of $6,758 per ton. From 2015 to 2022, the average import prices remained at a 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 Free Zones ($6,225 per ton), while the price for the United States ($1,190 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (-2.2%), while the prices for the other major suppliers experienced a decline.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Panama
In 2022, imports of steel alloy wire of silico-manganese steels into Panama skyrocketed to 42 tons, growing by 57% compared with the previous year. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel alloy wire of silico-manganese steels surged to $97K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 18.5 | N/A | 36.3 | 57.5 | 45.9% |
| Guatemala | 1.8 | N/A | 9.1 | 20.0 | 123.1% |
| Mexico | 5.2 | N/A | 7.3 | 11.4 | 29.9% |
| China | 6.6 | N/A | 3.5 | 4.7 | -10.7% |
| Others | 7.9 | N/A | 4.0 | 2.9 | -28.4% |
| Total | 40.0 | N/A | 60.3 | 96.5 | 34.1% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Panama in 2022:
- Argentina (30.9 tons)
- Guatemala (5.0 tons)
- Mexico (3.6 tons)
- China (1.9 tons)
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