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

Contents:

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

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

In 2022, the average import price for steel alloy wire of silico-manganese steels amounted to $1,763 per ton, surging by 19% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% 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 +64.5% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 50%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,047 per ton), while the price for China ($1,286 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for steel alloy wire of silico-manganese steels stood at $1,657 per ton in 2022, growing by 28% against the previous year. Over the period under review, the export price, however, showed a significant contraction. The growth pace was the most rapid in 2014 an increase of 96%. The export price peaked at $102,000 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($6,058 per ton), while the average price for exports to Spain stood at $1,651 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+22.5%).

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

In 2022, supplies from abroad of steel alloy wire of silico-manganese steels decreased by -2.7% to 7.7K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 22%. As a result, imports reached the peak of 8.3K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of steel alloy wire of silico-manganese steels surged to $14M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.2% 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 +82.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

Import of Steel Alloy Wire of Silico-Manganese Steel in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.13.13.84.2247.6%
Turkey3.02.13.54.111.0%
France3.31.81.82.5-8.8%
Italy0.40.92.02.173.8%
Czech Republic0.30.20.20.30.0%
China0.20.60.40.20.0%
Others0.10.1N/A0.10.0%
Total7.58.911.813.621.9%

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

  1. Spain (2.6K tons)
  2. Turkey (2.5K tons)
  3. France (1.3K tons)
  4. Italy (1.0K tons)
  5. China (0.2K tons)
  6. Czech Republic (0.1K tons)

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

After three years of growth, shipments abroad of steel alloy wire of silico-manganese steels decreased by -25.1% to 741 tons in 2022. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 409%.

In value terms, exports of steel alloy wire of silico-manganese steels reduced to $1.2M in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 329% against the previous year.

Export of Steel Alloy Wire of Silico-Manganese Steel in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1991,0211,2651,21782.9%
Others39.75.911.711.1-34.6%
Total2391,0271,2771,22872.6%

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

  1. Spain (736.9 tons)

Source: IndexBox Market Intelligence Platform

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