Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Ecuador - 2022
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Ecuador (CIF) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Ecuador
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Ecuador (CIF) - 2022
In 2022, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $2,471 per ton, declining by -25.9% against the previous year. In general, the import price, however, recorded perceptible growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 244%. As a result, import price reached the peak level of $3,333 per ton, and then contracted dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($35,917 per ton), while the price for South Korea ($1,260 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+38.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Ecuador
After two years of decline, supplies from abroad of steel alloy wire of materials other than silico-manganese steels increased by 2,796% to 60 tons in 2022. Over the period under review, imports, however, recorded a deep slump.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels soared to $149K in 2022. In general, imports, however, continue to indicate a drastic downturn.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 88.6 | 54.6 | 3.9 | 100 | 4.1% |
| China | 42.5 | 3.6 | 0.5 | 10.1 | -38.1% |
| Italy | 12.2 | 8.0 | 0.6 | 8.2 | -12.4% |
| South Korea | 2.5 | 0.5 | 0.6 | 7.3 | 42.9% |
| Mexico | 5.0 | 3.6 | 0.3 | 5.8 | 5.1% |
| India | 0.2 | 0.4 | 0.1 | 2.6 | 135.1% |
| Vietnam | 3.6 | 2.3 | 0.1 | 2.5 | -11.4% |
| Brazil | 4.8 | 0.6 | N/A | N/A | -87.5% |
| Others | 32.6 | 15.3 | 0.8 | 12.1 | -28.1% |
| Total | 192 | 88.9 | 6.9 | 149 | -8.1% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Ecuador in 2022:
- Belgium (38.7 tons)
- South Korea (5.8 tons)
- China (4.8 tons)
- Mexico (3.2 tons)
- India (2.0 tons)
- Italy (1.7 tons)
- Vietnam (1.5 tons)
- Brazil (0.1 tons)
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