Price for Steel Alloy Wire of Silico-Manganese Steel in Paraguay - 2024

Contents:

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

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

The average import price for steel alloy wire of silico-manganese steels stood at $1,937 per ton in 2022, increasing by 24% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel alloy wire of silico-manganese steels increased by +76.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 42% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

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 Hong Kong SAR ($3,120 per ton), while the price for Chile ($378 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for steel alloy wire of silico-manganese steels amounted to $1,895 per ton, approximately reflecting the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2020 to 2022, the rate of growth in terms of prices for Argentina amounted to 0.0% per year.

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

After two years of decline, overseas purchases of steel alloy wire of silico-manganese steels increased by 105% to 574 tons in 2022. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports reached 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 $1.1M in 2022. Overall, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Steel Alloy Wire of Silico-Manganese Steel in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China39251.379.04746.5%
Taiwan (Chinese)1171461081385.7%
Brazil35.04.217.512552.9%
Turkey3.710.372.3121219.8%
Hong Kong SAR13.010.036.281.884.6%
Argentina26.849.645.169.737.5%
Chile91.277.956.766.1-10.2%
Vietnam10.061.720.332.448.0%
Others5.52.51.72.5-23.1%
Total6944134371,11117.0%

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

  1. Chile (175.0 tons)
  2. China (162.0 tons)
  3. Taiwan (Chinese) (70.9 tons)
  4. Brazil (55.9 tons)
  5. Turkey (40.2 tons)
  6. Hong Kong SAR (26.2 tons)
  7. Argentina (25.1 tons)
  8. Vietnam (18.2 tons)

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

Exports of steel alloy wire of silico-manganese steels from Paraguay stood at 1.7 tons in 2022, stabilizing at the previous year's figure. Overall, exports continue to indicate a significant contraction. The smallest decline of 99.9% was in 2021.

In value terms, exports of steel alloy wire of silico-manganese steels amounted to $3.2K in 2022. Over the period under review, exports continue to indicate a dramatic decline. The smallest decline of 99.9% was in 2021.

Export of Steel Alloy Wire of Silico-Manganese Steel in Paraguay (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
ArgentinaN/AN/A3.20%
Brazil6.4N/AN/A0%
OthersN/AN/AN/A0%
Total6.4N/A3.2-29.3%

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

  1. Argentina (1.7 tons)

Source: IndexBox Market Intelligence Platform

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