Price for Steel Alloy Wire of Silico-Manganese Steel in the Dominican Republic - 2023

Contents:

  1. Price for Steel Alloy Wire of Silico-Manganese Steel in the Dominican Republic (CIF) - 2022
  2. Imports of Steel Alloy Wire of Silico-Manganese Steel in the Dominican Republic

Price for Steel Alloy Wire of Silico-Manganese Steel in the Dominican Republic (CIF) - 2022

In 2022, the average import price for steel alloy wire of silico-manganese steels amounted to $997 per ton, falling by -51% against the previous year. In general, the import price saw a pronounced slump. The pace of growth appeared the most rapid in 2020 an increase of 109% against the previous year. As a result, import price reached the peak level of $4,762 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,413 per ton), while the price for China stood at $957 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Steel Alloy Wire of Silico-Manganese Steel in the Dominican Republic

In 2022, the amount of steel alloy wire of silico-manganese steels imported into the Dominican Republic skyrocketed to 23 tons, picking up by 77,380% compared with 2021. Over the period under review, imports posted significant growth. 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 soared to $23K in 2022. In general, imports saw 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 the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.1N/A0.122.0503.7%
MexicoN/A18.8N/AN/A0%
OthersN/AN/AN/A1.10%
Total0.118.80.123.2514.5%

Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to the Dominican Republic in 2022:

  1. China (23.0 tons)

Source: IndexBox Market Intelligence Platform

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