Price for Steel Alloy Wire of Silico-Manganese Steel in Ukraine - 2024

Contents:

  1. Price for Steel Alloy Wire of Silico-Manganese Steel in Ukraine (CIF) - 2024
  2. Price for Steel Alloy Wire of Silico-Manganese Steel in Ukraine (FOB) - 2022
  3. Imports of Steel Alloy Wire of Silico-Manganese Steel in Ukraine
  4. Exports of Steel Alloy Wire of Silico-Manganese Steel in Ukraine

Price for Steel Alloy Wire of Silico-Manganese Steel in Ukraine (CIF) - 2024

In December 2023, the average import price for steel alloy wire of silico-manganese steels amounted to $1,395 per ton, jumping by 30% against the previous month. Over the period under review, the import price saw a modest expansion. The import price peaked at $1,505 per ton in February 2023; however, from March 2023 to December 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($2,164 per ton), while the price for China ($1,077 per ton) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel Alloy Wire of Silico-Manganese Steel in Ukraine (FOB) - 2022

The average export price for steel alloy wire of silico-manganese steels stood at $1,575 per ton in 2022, rising by 15% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 19%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Kazakhstan ($1,942 per ton) and Belarus ($1,876 per ton), while the average price for exports to Poland ($1,389 per ton) and Georgia ($1,390 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 Lithuania (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel Alloy Wire of Silico-Manganese Steel in Ukraine

Imports of steel alloy wire of silico-manganese steels into Ukraine shrank remarkably to 4.5K tons in 2022, waning by -36.6% compared with the previous year. Over the period under review, imports showed a deep setback. The smallest decline of -3.8% was in 2020.

In value terms, imports of steel alloy wire of silico-manganese steels contracted significantly to $7.1M in 2022. Overall, imports recorded a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of $8.9M, and then shrank markedly in the following year.

Import of Steel Alloy Wire of Silico-Manganese Steel in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.65.34.64.1-9.9%
Turkey1.10.72.41.613.3%
Czech Republic0.60.50.70.810.1%
Italy0.10.10.20.344.2%
Belarus0.20.20.40.1-20.6%
Others0.30.20.60.30.0%
Total7.96.98.97.1-3.5%

Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Ukraine in 2022:

  1. China (2729.8 tons)
  2. Turkey (1000.0 tons)
  3. Czech Republic (422.9 tons)
  4. Italy (167.3 tons)
  5. Belarus (35.4 tons)

Exports of Steel Alloy Wire of Silico-Manganese Steel in Ukraine

After three years of growth, shipments abroad of steel alloy wire of silico-manganese steels decreased by -48.2% to 1.4K tons in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. As a result, the exports attained the peak of 2.8K tons, and then fell markedly in the following year.

In value terms, exports of steel alloy wire of silico-manganese steels dropped rapidly to $2.3M in 2022. Overall, exports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 78% against the previous year. As a result, the exports attained the peak of $3.8M, and then fell markedly in the following year.

Export of Steel Alloy Wire of Silico-Manganese Steel in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland3984151,4301,07339.2%
Belarus5246301,151247-22.2%
LithuaniaN/AN/A87.415779.6%
Moldova1251081271516.5%
Romania37.714216514255.6%
Kazakhstan1.9N/A143136315.2%
Uzbekistan6.79.962.487.3135.3%
Russia5767163544.2-80.6%
Others90.110527126643.5%
Total1,7592,1253,7912,2648.8%

Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Ukraine in 2022:

  1. Poland (772.8 tons)
  2. Belarus (131.5 tons)
  3. Lithuania (91.3 tons)
  4. Moldova (86.7 tons)
  5. Romania (86.4 tons)
  6. Kazakhstan (70.2 tons)
  7. Uzbekistan (48.6 tons)
  8. Russia (2.5 tons)

Source: IndexBox Market Intelligence Platform

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