Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Belarus - 2022
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Belarus (FOB) - 2022
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Belarus (CIF) - 2022
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Belarus
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Belarus
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Belarus (FOB) - 2022
In 2022, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $10,406 per ton, picking up by 77% against the previous year. Over the period under review, the export price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2017 an increase of 3,738% against the previous year. The export price peaked at $20,274 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($33,486 per ton), while the average price for exports to Russia ($1,114 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+36.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Belarus (CIF) - 2022
In March 2022, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $1,567 per ton, which is down by -27.6% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in June 2021 when the average import price increased by 157% month-to-month. As a result, import price reached the peak level of $6,659 per ton. From July 2021 to March 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Italy ($3,396 per ton), while the price for Russia ($1,039 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+12.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Belarus
Exports of steel alloy wire of materials other than silico-manganese steels from Belarus contracted rapidly to 325 tons in 2022, which is down by -29.2% on the year before. In general, exports showed a perceptible decrease. The pace of growth was the most pronounced in 2021 with an increase of 107%. As a result, the exports reached the peak of 459 tons, and then contracted sharply in the following year.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels skyrocketed to $3.4M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 1,870 | 1,914 | 2,275 | 3,090 | 18.2% |
| Kazakhstan | 241 | 86.6 | 195 | 265 | 3.2% |
| Russia | 2.7 | 27.1 | 17.6 | 23.9 | 106.9% |
| Uzbekistan | N/A | N/A | 31.0 | N/A | 0% |
| Poland | N/A | N/A | 181 | N/A | 0% |
| Others | 4.3 | N/A | N/A | N/A | 0% |
| Total | 2,118 | 2,027 | 2,699 | 3,379 | 16.8% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Belarus in 2022:
- Kazakhstan (211.0 tons)
- Lithuania (92.3 tons)
- Russia (21.5 tons)
Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Belarus
In 2022, imports of steel alloy wire of materials other than silico-manganese steels into Belarus soared to 1K tons, with an increase of 17% on the year before. Over the period under review, imports, however, faced a sharp shrinkage.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels reduced dramatically to $2.2M in 2022. Overall, imports, however, showed a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,248 | 1,227 | 1,768 | 1,226 | -0.6% |
| Russia | 1,061 | 545 | 712 | 528 | -20.8% |
| Germany | 229 | 174 | 320 | 222 | -1.0% |
| Ukraine | 406 | 84.0 | 192 | 155 | -27.5% |
| Poland | 125 | 21.8 | 10.4 | 35.9 | -34.0% |
| Others | 105 | 48.6 | 37.0 | 32.3 | -32.5% |
| Total | 3,174 | 2,100 | 3,038 | 2,199 | -11.5% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Belarus in 2022:
- Russia (532.1 tons)
- Ukraine (188.7 tons)
- Germany (149.7 tons)
- China (116.7 tons)
- Poland (21.6 tons)
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