Price for Steel, Alloy; Wire, of High Speed Steel in Japan - 2022

Contents:

  1. Price for Steel, Alloy; Wire, of High Speed Steel in Japan (FOB) - 2022
  2. Exports of Steel, Alloy; Wire, of High Speed Steel in Japan

Price for Steel, Alloy; Wire, of High Speed Steel in Japan (FOB) - 2022

In 2022, the average export price for wire of high-speed steel, in coils (excluding bars and rods) amounted to $3,373 per ton, reducing by -6% against the previous year. In general, the export price, however, enjoyed perceptible growth. The growth pace was the most rapid in 2015 an increase of 74%. The export price peaked at $4,877 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Philippines.

From 2012 to 2022, the rate of growth in terms of prices for the Philippines amounted to +4.2% per year.

Exports of Steel, Alloy; Wire, of High Speed Steel in Japan

In 2022, exports of wire of high-speed steel, in coils (excluding bars and rods) from Japan fell slightly to 75 tons, therefore, remained relatively stable against the previous year. Over the period under review, exports saw a relatively flat trend pattern. The smallest decline of -0.5% was in 2020.

In value terms, exports of wire of high-speed steel, in coils (excluding bars and rods) declined to $252K in 2022. In general, exports saw a deep downturn. The smallest decline of -6.5% was in 2020.

Export of Steel, Alloy; Wire, of High Speed Steel in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines307288269252-6.4%
OthersN/AN/AN/AN/A0%
Total307288269252-6.4%

Top Export Markets for Steel, Alloy; Wire, of High Speed Steel from Japan in 2022:

  1. Philippines (74.6 tons)

Source: IndexBox Market Intelligence Platform

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