Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in New Zealand - 2024
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in New Zealand (CIF) - 2022
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in New Zealand (FOB) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in New Zealand
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in New Zealand
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in New Zealand (CIF) - 2022
In 2022, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $3,021 per ton, increasing by 37% against the previous year. Overall, the import price enjoyed a moderate expansion. The growth pace was the most rapid in 2019 when the average import price increased by 129%. The import price peaked in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($9,073 per ton), while the price for Malaysia ($1,691 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+22.9%), 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 New Zealand (FOB) - 2022
In 2022, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $6,142 per ton, picking up by 146% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 262% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($13,252 per ton), while the average price for exports to Samoa ($3,025 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 Fiji (+19.6%), 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 New Zealand
After three years of growth, supplies from abroad of steel alloy wire of materials other than silico-manganese steels decreased by -40% to 313 tons in 2022. Over the period under review, imports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2021 when imports increased by 48% against the previous year. As a result, imports reached the peak of 522 tons, and then fell rapidly in the following year.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels reduced remarkably to $946K in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of $1.2M, and then contracted sharply in the following year.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 276 | 335 | 540 | 385 | 11.7% |
| Australia | 139 | 97.3 | 181 | 214 | 15.5% |
| South Korea | 83.7 | 95.1 | 24.9 | 124 | 14.0% |
| Vietnam | 5.5 | 5.2 | 42.1 | 50.2 | 109.0% |
| Malaysia | 0.5 | 15.0 | 94.6 | 41.3 | 335.5% |
| Italy | 16.9 | 37.0 | 16.8 | 36.8 | 29.6% |
| Germany | 45.3 | 14.2 | 47.3 | 33.2 | -9.8% |
| France | 31.1 | 11.9 | 25.6 | 3.3 | -52.7% |
| Others | 360 | 205 | 182 | 58.4 | -45.5% |
| Total | 959 | 815 | 1,154 | 946 | -0.5% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to New Zealand in 2022:
- China (165.1 tons)
- South Korea (57.2 tons)
- Malaysia (24.4 tons)
- Australia (23.6 tons)
- Vietnam (22.5 tons)
- Italy (9.0 tons)
- Germany (5.6 tons)
- France (0.7 tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in New Zealand
In 2022, after three years of growth, there was significant decline in overseas shipments of steel alloy wire of materials other than silico-manganese steels, when their volume decreased by -93% to 6 tons. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by 813% against the previous year.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels fell notably to $37K in 2022. Overall, exports, however, showed a measured increase. The pace of growth was the most pronounced in 2020 with an increase of 585% against the previous year. As a result, the exports attained the peak of $228K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 2.8 | 1.5 | 40.5 | 17.0 | 82.4% |
| Japan | 29.4 | 24.3 | 148 | 10.5 | -29.1% |
| Samoa | 0.1 | 11.2 | 13.9 | 5.6 | 282.6% |
| Kiribati | 0.1 | N/A | N/A | 2.4 | 188.4% |
| Australia | N/A | 183 | 6.3 | N/A | -96.6% |
| Others | 0.9 | 7.6 | 4.2 | 1.4 | 15.9% |
| Total | 33.3 | 228 | 213 | 36.8 | 3.4% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from New Zealand in 2022:
- Japan (2.6 tons)
- Samoa (1.9 tons)
- Fiji (1.3 tons)
- Kiribati (0.3 tons)
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