Price for Steel Alloy Wire of Silico-Manganese Steel in Slovenia - 2024
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Slovenia (CIF) - 2024
- Price for Steel Alloy Wire of Silico-Manganese Steel in Slovenia (FOB) - 2022
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Slovenia
- Exports of Steel Alloy Wire of Silico-Manganese Steel in Slovenia
Price for Steel Alloy Wire of Silico-Manganese Steel in Slovenia (CIF) - 2024
The average import price for steel alloy wire of silico-manganese steels stood at $1,557 per ton in January 2024, with a decrease of -17.4% against the previous month. Overall, the import price continues to indicate a pronounced descent. The pace of growth was the most pronounced in September 2023 when the average import price increased by 18% against the previous month. Over the period under review, average import prices hit record highs at $2,038 per ton in April 2023; however, from May 2023 to January 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Turkey ($1,771 per ton), while the price for China stood at $951 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Hungary (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel Alloy Wire of Silico-Manganese Steel in Slovenia (FOB) - 2022
The average export price for steel alloy wire of silico-manganese steels stood at $1,805 per ton in 2022, picking up by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 an increase of 24%. The export price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovakia ($1,992 per ton) and Croatia ($1,944 per ton), while the average price for exports to Germany ($1,604 per ton) and the Czech Republic ($1,705 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Slovenia
For the fourth year in a row, Slovenia recorded growth in supplies from abroad of steel alloy wire of silico-manganese steels, which increased by 28% to 3K tons in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.1% 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 +52.4% against 2019 indices. 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 skyrocketed to $5.9M in 2022. In general, imports continue to indicate a significant increase. 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 Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,104 | 1,405 | 2,158 | 2,487 | 31.1% |
| Austria | 39.8 | 54.5 | 13.9 | 637 | 152.0% |
| Croatia | 49.4 | 172 | 231 | 512 | 118.0% |
| Germany | 223 | 204 | 284 | 416 | 23.1% |
| Malaysia | N/A | N/A | N/A | 395 | 0% |
| South Korea | N/A | N/A | N/A | 387 | 0% |
| China | 504 | 405 | 647 | 323 | -13.8% |
| Turkey | 328 | 206 | 228 | 292 | -3.8% |
| Hungary | N/A | 218 | 261 | 252 | 7.5% |
| Others | 320 | 55.2 | 145 | 170 | -19.0% |
| Total | 2,569 | 2,720 | 3,970 | 5,871 | 31.7% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Slovenia in 2022:
- Italy (1241.5 tons)
- Austria (381.9 tons)
- Croatia (264.3 tons)
- China (227.7 tons)
- Malaysia (209.4 tons)
- South Korea (181.8 tons)
- Germany (170.4 tons)
- Turkey (158.7 tons)
- Hungary (99.9 tons)
Exports of Steel Alloy Wire of Silico-Manganese Steel in Slovenia
After three years of growth, overseas shipments of steel alloy wire of silico-manganese steels decreased by -49.4% to 2.4K tons in 2022. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 11% against the previous year.
In value terms, exports of steel alloy wire of silico-manganese steels fell remarkably to $4.4M in 2022. Overall, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, the exports reached the peak of $7.4M, and then shrank markedly in the following year.
| Export of Steel Alloy Wire of Silico-Manganese Steel in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,201 | 2,499 | 2,953 | 1,003 | -23.0% |
| Slovakia | N/A | 8.3 | 64.1 | 806 | 885.4% |
| Bosnia and Herzegovina | 501 | 613 | 1,003 | 724 | 13.1% |
| Serbia | 981 | 920 | 1,006 | 574 | -16.4% |
| Czech Republic | 201 | 240 | 423 | 318 | 16.5% |
| Hungary | 281 | 345 | 503 | 270 | -1.3% |
| Croatia | 270 | 330 | 446 | 263 | -0.9% |
| Austria | 361 | 383 | 323 | 140 | -27.1% |
| Others | 529 | 403 | 709 | 291 | -18.1% |
| Total | 5,325 | 5,741 | 7,431 | 4,390 | -6.2% |
Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Slovenia in 2022:
- Germany (625.0 tons)
- Slovakia (404.4 tons)
- Bosnia and Herzegovina (374.8 tons)
- Serbia (319.4 tons)
- Czech Republic (186.8 tons)
- Hungary (141.7 tons)
- Croatia (135.5 tons)
- Austria (78.6 tons)
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