Price for Steel Alloy Wire of Silico-Manganese Steel in the Czech Republic - 2024
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in the Czech Republic (FOB) - 2024
- Price for Steel Alloy Wire of Silico-Manganese Steel in the Czech Republic (CIF) - 2024
- Exports of Steel Alloy Wire of Silico-Manganese Steel in the Czech Republic
- Imports of Steel Alloy Wire of Silico-Manganese Steel in the Czech Republic
Price for Steel Alloy Wire of Silico-Manganese Steel in the Czech Republic (FOB) - 2024
In January 2024, the average export price for steel alloy wire of silico-manganese steels amounted to $1,906 per ton, with a decrease of -18.6% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 7.4% month-to-month. Over the period under review, the average export prices hit record highs at $2,341 per ton in December 2023, and then declined significantly in the following month.
There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was Hungary ($3,194 per ton), while the average price for exports to the UK ($1,336 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+2.1%), while the prices for the other major destinations experienced a decline.
Price for Steel Alloy Wire of Silico-Manganese Steel in the Czech Republic (CIF) - 2024
The average import price for steel alloy wire of silico-manganese steels stood at $1,471 per ton in January 2024, increasing by 9.3% against the previous month. Overall, the import price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 35% m-o-m. Over the period under review, average import prices hit record highs at $1,757 per ton in January 2023; however, from February 2023 to January 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Germany ($2,290 per ton), while the price for China ($966 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 Vietnam (-0.4%), while the prices for the other major suppliers experienced a decline.
Exports of Steel Alloy Wire of Silico-Manganese Steel in the Czech Republic
In 2022, exports of steel alloy wire of silico-manganese steels from the Czech Republic contracted to 69K tons, with a decrease of -13.2% on the previous year. In general, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year.
In value terms, exports of steel alloy wire of silico-manganese steels totaled $112M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Steel Alloy Wire of Silico-Manganese Steel in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.1 | 13.1 | 16.2 | 16.9 | 8.9% |
| Poland | 13.3 | 11.9 | 13.6 | 14.9 | 3.9% |
| Italy | 10.7 | 7.3 | 9.1 | 11.2 | 1.5% |
| Slovakia | 6.4 | 6.2 | 7.9 | 10.0 | 16.0% |
| France | 8.3 | 7.5 | 8.5 | 9.3 | 3.9% |
| Sweden | 6.2 | 6.7 | 7.5 | 8.3 | 10.2% |
| United Kingdom | 12.2 | 6.2 | 5.8 | 6.8 | -17.7% |
| Netherlands | 4.0 | 3.3 | 3.4 | 3.8 | -1.7% |
| Hungary | 3.2 | 2.6 | 2.9 | 3.4 | 2.0% |
| Denmark | 2.2 | 2.3 | 2.6 | 3.2 | 13.3% |
| Austria | 2.7 | 2.4 | 3.4 | 3.0 | 3.6% |
| Spain | 2.0 | 1.6 | 1.7 | 2.3 | 4.8% |
| Brazil | 0.7 | 0.9 | 1.1 | 1.8 | 37.0% |
| Others | 24.1 | 18.7 | 23.3 | 17.0 | -11.0% |
| Total | 109 | 90.8 | 107 | 112 | 0.9% |
Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from the Czech Republic in 2022:
- Germany (9.6K tons)
- Poland (8.8K tons)
- Italy (8.7K tons)
- Sweden (6.0K tons)
- France (5.8K tons)
- United Kingdom (5.6K tons)
- Slovakia (5.5K tons)
- Netherlands (2.2K tons)
- Hungary (1.9K tons)
- Denmark (1.7K tons)
- Austria (1.5K tons)
- Spain (1.3K tons)
- Brazil (1.1K tons)
Imports of Steel Alloy Wire of Silico-Manganese Steel in the Czech Republic
In 2022, supplies from abroad of steel alloy wire of silico-manganese steels increased by 15% to 11K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt setback.
In value terms, imports of steel alloy wire of silico-manganese steels surged to $19M in 2022. In general, imports, however, continue to indicate a abrupt descent.
| Import of Steel Alloy Wire of Silico-Manganese Steel in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.9 | 5.5 | 6.4 | 7.1 | -25.1% |
| Germany | 3.8 | 2.5 | 3.5 | 4.1 | 2.6% |
| Poland | 0.1 | 0.7 | 2.1 | 2.5 | 192.4% |
| Vietnam | 0.3 | 0.3 | 0.8 | 2.1 | 91.3% |
| Italy | 0.9 | 0.1 | 0.4 | 1.7 | 23.6% |
| Slovenia | 0.2 | 0.2 | 0.4 | 0.5 | 35.7% |
| Slovakia | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| Turkey | 0.2 | 2.1 | 0.7 | N/A | 87.1% |
| Others | 0.2 | 0.5 | 0.4 | 0.7 | 51.8% |
| Total | 22.7 | 12.1 | 15.0 | 19.0 | -5.8% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to the Czech Republic in 2022:
- China (4.7K tons)
- Germany (1.7K tons)
- Poland (1.2K tons)
- Vietnam (1.2K tons)
- Italy (0.9K tons)
- Slovenia (0.3K tons)
- Slovakia (0.2K tons)
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