Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovenia - 2024
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovenia (CIF) - 2024
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovenia (FOB) - 2024
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovenia
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovenia
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovenia (CIF) - 2024
In January 2024, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $3,325 per ton, remaining stable against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 61% against the previous month. The import price peaked at $3,516 per ton in October 2023; however, from November 2023 to January 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Switzerland ($14,677 per ton), while the price for the UK totaled $5,957 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Croatia (+10.5%), 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 Slovenia (FOB) - 2024
In January 2024, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $4,654 per ton, dropping by -23.3% against the previous month. Overall, export price indicated a mild expansion from January 2023 to January 2024: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, export price for steel alloy wire of materials other than silico-manganese steels decreased by -23.3% against December 2023 indices. The growth pace was the most rapid in March 2023 when the average export price increased by 101% month-to-month. Over the period under review, the average export prices reached the maximum at $6,066 per ton in December 2023, and then contracted remarkably in the following month.
As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.
From January 2023 to January 2024, the rate of growth in terms of prices for Hungary amounted to +11.5% per month.
Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovenia
Imports of steel alloy wire of materials other than silico-manganese steels into Slovenia contracted modestly to 4.8K tons in 2022, with a decrease of -2.7% on the year before. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. As a result, imports attained the peak of 4.9K tons, and then declined slightly in the following year.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels expanded notably to $13M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.0 | 4.2 | 5.6 | 5.2 | 1.3% |
| Italy | 2.1 | 1.6 | 3.4 | 3.5 | 18.6% |
| Austria | 0.8 | 1.3 | 1.4 | 2.4 | 44.2% |
| Turkey | N/A | 0.1 | 0.1 | 0.5 | 123.6% |
| Czech Republic | 0.8 | 0.3 | 0.4 | 0.4 | -20.6% |
| Croatia | N/A | 0.2 | 0.2 | 0.3 | 22.5% |
| Others | 0.4 | 0.5 | 0.5 | 0.6 | 14.5% |
| Total | 9.0 | 8.1 | 11.5 | 12.9 | 12.7% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Slovenia in 2022:
- Italy (1401.6 tons)
- Germany (1389.4 tons)
- Austria (1050.6 tons)
- Turkey (347.9 tons)
- Czech Republic (223.5 tons)
- Croatia (144.8 tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovenia
In 2022, shipments abroad of steel alloy wire of materials other than silico-manganese steels decreased by -12.4% to 800 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 8.6% against the previous year. As a result, the exports reached the peak of 1.1K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels rose modestly to $2.8M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 4.2%. As a result, the exports attained the peak of $2.8M; afterwards, it flattened through to 2022.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 1,100 | 1,056 | 1,280 | 1,499 | 10.9% |
| Germany | 647 | 591 | 933 | 503 | -8.0% |
| Croatia | 334 | 382 | 84.4 | 320 | -1.4% |
| Poland | 73.8 | 166 | 104 | 206 | 40.8% |
| Serbia | 66.2 | 96.3 | 44.4 | 69.4 | 1.6% |
| Russia | 133 | 46.6 | 48.3 | 16.3 | -50.3% |
| Ukraine | 158 | 328 | 100 | N/A | -20.4% |
| Others | 173 | 130 | 106 | 140 | -6.8% |
| Total | 2,684 | 2,796 | 2,700 | 2,755 | 0.9% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Slovenia in 2022:
- Bosnia and Herzegovina (383.9 tons)
- Germany (194.8 tons)
- Poland (92.4 tons)
- Croatia (60.4 tons)
- Serbia (20.2 tons)
- Russia (5.5 tons)
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