Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Brazil - 2024
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Brazil (CIF) - 2022
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Brazil (FOB) - 2024
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Brazil
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Brazil
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Brazil (CIF) - 2022
The average import price for steel alloy wire of materials other than silico-manganese steels stood at $2,387 per ton in 2022, surging by 2.6% against the previous year. Overall, the import price, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2020 an increase of 5.7%. The import price peaked at $2,933 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($9,755 per ton), while the price for Hong Kong SAR ($1,425 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.9%), 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 Brazil (FOB) - 2024
The average export price for steel alloy wire of materials other than silico-manganese steels stood at $1,505 per ton in February 2024, dropping by -9.6% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2024 an increase of 20% against the previous month. Over the period under review, the average export prices attained the peak figure at $1,772 per ton in November 2023; however, from December 2023 to February 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Colombia ($15,570 per ton), while the average price for exports to Argentina ($1,240 per ton) was amongst the lowest.
From March 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+24.0%), 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 Brazil
In 2022, the amount of steel alloy wire of materials other than silico-manganese steels imported into Brazil expanded sharply to 18K tons, surging by 8.8% on 2021 figures. Over the period under review, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 117% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels rose rapidly to $42M in 2022. Overall, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 123%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.1 | 5.2 | 17.2 | 19.6 | 47.6% |
| Japan | 4.8 | 3.7 | 7.8 | 8.4 | 20.5% |
| South Korea | 4.1 | 2.4 | 3.7 | 2.7 | -13.0% |
| France | 0.2 | N/A | 0.3 | 2.6 | 135.1% |
| United States | 1.8 | 1.2 | 2.4 | 1.9 | 1.8% |
| Austria | 1.5 | 0.7 | 1.6 | 1.3 | -4.7% |
| Czech Republic | 0.4 | 0.3 | 0.5 | 1.2 | 44.2% |
| Hong Kong SAR | N/A | 0.1 | N/A | 1.1 | 231.7% |
| Germany | 1.0 | 0.6 | 1.3 | 0.8 | -7.2% |
| India | 0.1 | N/A | 0.5 | 0.6 | 81.7% |
| Colombia | 2.1 | 0.4 | N/A | N/A | -81.0% |
| Others | 2.9 | 2.3 | 2.8 | 2.3 | -7.4% |
| Total | 25.0 | 17.0 | 37.9 | 42.3 | 19.2% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Brazil in 2022:
- China (10.1K tons)
- Japan (2.8K tons)
- France (1.0K tons)
- South Korea (0.8K tons)
- Hong Kong SAR (0.7K tons)
- Czech Republic (0.4K tons)
- India (0.4K tons)
- United States (0.4K tons)
- Austria (0.4K tons)
- Germany (0.1K tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Brazil
In 2022, the amount of steel alloy wire of materials other than silico-manganese steels exported from Brazil soared to 6.9K tons, with an increase of 17% compared with 2021. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 66% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels skyrocketed to $12M in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 63% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 3.9 | 2.5 | 4.0 | 5.1 | 9.4% |
| Japan | N/A | 1.0 | 2.6 | 3.3 | 81.7% |
| Colombia | 0.7 | 0.9 | 1.4 | 1.8 | 37.0% |
| Mexico | N/A | 0.2 | N/A | 0.6 | 73.2% |
| India | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.2 | 0.5 | 0.2 | 0.8 | 58.7% |
| Total | 4.8 | 5.0 | 8.2 | 11.8 | 35.0% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Brazil in 2022:
- Argentina (3.6K tons)
- Japan (2.5K tons)
- Mexico (0.4K tons)
- India (0.1K tons)
- Colombia (0.1K tons)
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