Price for Steel Alloy Wire of Silico-Manganese Steel in Romania - 2024
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Romania (CIF) - 2024
- Price for Steel Alloy Wire of Silico-Manganese Steel in Romania (FOB) - 2024
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Romania
- Exports of Steel Alloy Wire of Silico-Manganese Steel in Romania
Price for Steel Alloy Wire of Silico-Manganese Steel in Romania (CIF) - 2024
In January 2024, the average import price for steel alloy wire of silico-manganese steels amounted to $1,588 per ton, which is down by -4.8% against the previous month. Overall, the import price saw a slight reduction. The most prominent rate of growth was recorded in September 2023 an increase of 50% against the previous month. Over the period under review, average import prices attained the maximum at $1,890 per ton in January 2023; however, from February 2023 to January 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($2,035 per ton), while the price for China ($1,080 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the Czech Republic (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel Alloy Wire of Silico-Manganese Steel in Romania (FOB) - 2024
The average export price for steel alloy wire of silico-manganese steels stood at $2,121 per ton in January 2024, which is down by -2.2% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 35% against the previous month. Over the period under review, the average export prices reached the peak figure at $2,925 per ton in July 2023; however, from August 2023 to January 2024, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In January 2024, the country with the highest price was the UK ($2,971 per ton), while the average price for exports to Serbia stood at $2,714 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Romania
In 2022, the amount of steel alloy wire of silico-manganese steels imported into Romania contracted to 7.1K tons, which is down by -6.5% against 2021. In general, imports showed a mild descent. The pace of growth appeared the most rapid in 2021 when imports increased by 27%. As a result, imports attained the peak of 7.6K tons, and then reduced in the following year.
In value terms, imports of steel alloy wire of silico-manganese steels expanded sharply to $12M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 57%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.5 | 2.6 | 5.2 | 4.1 | 5.4% |
| Italy | 0.9 | 1.1 | 2.5 | 3.3 | 54.2% |
| Czech Republic | 2.4 | 1.9 | 1.6 | 1.9 | -7.5% |
| France | N/A | 0.1 | N/A | 1.0 | 216.2% |
| Poland | 0.7 | 0.6 | 0.8 | 0.8 | 4.6% |
| Turkey | 0.6 | 0.4 | 0.4 | 0.4 | -12.6% |
| Vietnam | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
| Others | 0.6 | 0.5 | 1.0 | 0.8 | 10.1% |
| Total | 8.9 | 7.4 | 11.6 | 12.4 | 11.7% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Romania in 2022:
- China (2735.4 tons)
- Italy (1632.7 tons)
- Czech Republic (1115.3 tons)
- France (522.5 tons)
- Poland (440.4 tons)
- Turkey (212.6 tons)
- Vietnam (110.2 tons)
Exports of Steel Alloy Wire of Silico-Manganese Steel in Romania
In 2022, shipments abroad of steel alloy wire of silico-manganese steels decreased by -29.2% to 939 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 293% against the previous year. As a result, the exports reached the peak of 1.3K tons, and then shrank significantly in the following year.
In value terms, exports of steel alloy wire of silico-manganese steels dropped dramatically to $1.8M in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 502% against the previous year. As a result, the exports attained the peak of $2.5M, and then plummeted in the following year.
| Export of Steel Alloy Wire of Silico-Manganese Steel in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 263 | 137 | 2,017 | 557 | 28.4% |
| Bulgaria | 16.8 | 47.6 | 168 | 460 | 201.4% |
| Italy | 14.3 | 6.6 | 51.9 | 344 | 188.7% |
| France | 10.3 | 49.5 | 76.3 | 141 | 139.2% |
| Serbia | N/A | 69.6 | 92.9 | 126 | 34.5% |
| Greece | N/A | N/A | 69.6 | 75.0 | 7.8% |
| Ukraine | N/A | N/A | N/A | 36.9 | 0% |
| United Kingdom | N/A | 102 | N/A | 10.8 | -67.5% |
| Others | 81.7 | 9.3 | 67.2 | 80.4 | -0.5% |
| Total | 386 | 422 | 2,544 | 1,830 | 68.0% |
Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Romania in 2022:
- Poland (296.8 tons)
- Bulgaria (230.8 tons)
- Italy (186.5 tons)
- France (72.8 tons)
- Serbia (51.6 tons)
- Greece (41.7 tons)
- Ukraine (20.5 tons)
- United Kingdom (5.8 tons)
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