Price for Steel Alloy Wire of Silico-Manganese Steel in Switzerland - 2024
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Switzerland (CIF) - 2024
- Price for Steel Alloy Wire of Silico-Manganese Steel in Switzerland (FOB) - 2022
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Switzerland
- Exports of Steel Alloy Wire of Silico-Manganese Steel in Switzerland
Price for Steel Alloy Wire of Silico-Manganese Steel in Switzerland (CIF) - 2024
The average import price for steel alloy wire of silico-manganese steels stood at $2,237 per ton in March 2024, which is down by -17% against the previous month. In general, the import price showed a slight slump. The pace of growth was the most pronounced in January 2024 when the average import price increased by 17% month-to-month. Over the period under review, average import prices attained the maximum at $3,024 per ton in April 2023; however, from May 2023 to March 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Germany ($2,953 per ton), while the price for China ($1,415 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel Alloy Wire of Silico-Manganese Steel in Switzerland (FOB) - 2022
The average export price for steel alloy wire of silico-manganese steels stood at $5,443 per ton in 2022, rising by 146% against the previous year. Overall, the export price, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of 228%. The export price peaked at $17,578 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($21,492 per ton), while the average price for exports to Germany amounted to $2,474 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+40.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Switzerland
For the fourth consecutive year, Switzerland recorded growth in overseas purchases of steel alloy wire of silico-manganese steels, which increased by 24% to 3.4K tons in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.1% 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 +48.6% against 2019 indices. 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 skyrocketed to $8.5M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +57.7% against 2020 indices. 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 Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.1 | 3.6 | 3.6 | 3.6 | -4.2% |
| Germany | 0.1 | 0.4 | 0.8 | 1.8 | 162.1% |
| Italy | 0.4 | 0.6 | 1.1 | 1.6 | 58.7% |
| Czech Republic | 0.5 | 0.4 | 0.5 | 0.6 | 6.3% |
| China | 0.3 | 0.2 | 0.5 | 0.5 | 18.6% |
| Turkey | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Total | 5.5 | 5.4 | 6.6 | 8.5 | 15.6% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Switzerland in 2022:
- Japan (1476.0 tons)
- Italy (719.7 tons)
- Germany (559.8 tons)
- Czech Republic (249.5 tons)
- China (180.6 tons)
- Turkey (174.5 tons)
Exports of Steel Alloy Wire of Silico-Manganese Steel in Switzerland
In 2022, overseas shipments of steel alloy wire of silico-manganese steels decreased by -13.9% to 6.9 tons, falling for the second year in a row after two years of growth. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -34.8% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 85%. As a result, the exports reached the peak of 11 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of steel alloy wire of silico-manganese steels surged to $38K in 2022. Over the period under review, exports, however, saw strong growth.
| Export of Steel Alloy Wire of Silico-Manganese Steel in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 17.2 | 13.6 | 4.9 | 23.2 | 10.5% |
| Germany | 13.2 | 25.6 | 12.8 | 14.4 | 2.9% |
| Austria | 1.8 | N/A | N/A | N/A | 0% |
| Czech Republic | N/A | 1.1 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 32.1 | 40.3 | 17.7 | 37.6 | 5.4% |
Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Switzerland in 2022:
- Germany (5.8 tons)
- Colombia (1.1 tons)
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