Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Israel - 2024

Contents:

  1. Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Israel (CIF) - 2022
  2. Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Israel (FOB) - 2022
  3. Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Israel
  4. Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Israel

Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Israel (CIF) - 2022

In 2022, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $2,153 per ton, jumping by 32% against the previous year. Overall, the import price, however, showed a slight decrease. Over the period under review, average import prices hit record highs at $2,445 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($2,153 per ton) and the United States ($2,153 per ton), while the price for Italy ($2,153 per ton) and France ($2,153 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Israel (FOB) - 2022

In 2022, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $1,877 per ton, which is down by -7.6% against the previous year. Over the period under review, the export price, however, continues to indicate a moderate increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices hit record highs at $2,270 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($1,877 per ton) and India ($1,877 per ton), while the average price for exports to Croatia ($1,877 per ton) and Nigeria ($1,877 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 Ireland (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Israel

Imports of steel alloy wire of materials other than silico-manganese steels into Israel shrank to 1.1K tons in 2022, declining by -12.1% compared with 2021. In general, total imports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.9% 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 +63.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 86% against the previous year. As a result, imports reached the peak of 1.2K tons, and then shrank in the following year.

In value terms, imports of steel alloy wire of materials other than silico-manganese steels skyrocketed to $2.3M in 2022. Over the period under review, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by 107% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France8092262578361.1%
Turkey13413934979681.1%
Germany72.031.092.022245.5%
China13096.051.01729.8%
Italy18182.087.092.0-20.2%
India2.0N/A63.054.0200.0%
United States58.014257.045.0-8.1%
RussiaN/AN/A999N/A0%
Others83.025965.012113.4%
Total1,4699752,0202,33816.8%

Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Israel in 2022:

  1. France (388.3 tons)
  2. Turkey (369.7 tons)
  3. Germany (103.1 tons)
  4. China (79.9 tons)
  5. Italy (42.7 tons)
  6. India (25.1 tons)
  7. United States (20.9 tons)

Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Israel

In 2022, after two years of decline, there was significant growth in overseas shipments of steel alloy wire of materials other than silico-manganese steels, when their volume increased by 2,507% to 154 tons. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of steel alloy wire of materials other than silico-manganese steels soared to $289K in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A1800%
Croatia6.013.09.049.0101.4%
Slovenia10.014.0N/A40.058.7%
United StatesN/AN/AN/A13.00%
JordanN/AN/AN/A6.00%
Ireland28.0N/AN/AN/A0%
MaltaN/A4.03.0N/A-25.0%
Romania17.011.0N/AN/A-35.3%
Others2.01.0N/A1.0-20.6%
Total63.043.012.028966.2%

Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Israel in 2022:

  1. India (95.9 tons)
  2. Croatia (26.1 tons)
  3. Slovenia (21.3 tons)
  4. United States (6.9 tons)
  5. Jordan (3.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, alloy; wire, of materials other than high speed or silico-manganese steel - Israel