Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Paraguay - 2024
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Paraguay (CIF) - 2024
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Paraguay (FOB) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Paraguay
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Paraguay
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Paraguay (CIF) - 2024
In December 2023, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $968 per ton, leveling off at the previous month. In general, the import price recorded a noticeable setback. The growth pace was the most rapid in July 2023 when the average import price increased by 150% against the previous month. As a result, import price attained the peak level of $2,892 per ton. From August 2023 to December 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From April 2023 to December 2023, the rate of growth in terms of prices for Turkey amounted to -2.3% per month.
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Paraguay (FOB) - 2022
The average export price for steel alloy wire of materials other than silico-manganese steels stood at $2,240 per ton in 2022, approximately equating the previous year. In general, the export price showed a relatively flat trend pattern. The export price peaked in 2022 and is likely to see steady growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Argentina.
From 2021 to 2022, the rate of growth in terms of prices for Argentina amounted to 0.0% per year.
Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Paraguay
For the fourth consecutive year, Paraguay recorded growth in purchases abroad of steel alloy wire of materials other than silico-manganese steels, which increased by 135% to 1.2K tons in 2022. Overall, imports recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 2,594% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels soared to $1.5M in 2022. In general, imports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,175%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.4 | 34.4 | 389 | 1,206 | 851.5% |
| Spain | 0.5 | 2.9 | 80.0 | 131 | 539.9% |
| Italy | 0.5 | 1.7 | 27.0 | 38.8 | 326.5% |
| China | 0.2 | 0.8 | 16.5 | 38.1 | 475.4% |
| Others | 2.8 | 3.6 | 42.0 | 40.6 | 143.8% |
| Total | 5.3 | 43.5 | 554 | 1,454 | 549.8% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Paraguay in 2022:
- Turkey (975.0 tons)
- Spain (98.6 tons)
- Italy (53.1 tons)
- China (23.4 tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Paraguay
In 2022, exports of steel alloy wire of materials other than silico-manganese steels from Paraguay shrank sharply to 9 tons, declining by -50% on the previous year's figure. In general, exports faced a precipitous decrease.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels declined remarkably to $20K in 2022. Over the period under review, exports recorded a dramatic setback.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Argentina | 40.3 | 20.2 | -49.9% | ||
| Others | N/A | N/A | 0% | ||
| Total | 40.3 | 20.2 | -49.9% | ||
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Paraguay in 2022:
- Argentina (9.0 tons)
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