Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Uganda - 2022

Contents:

  1. Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Uganda (CIF) - 2022
  2. Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Uganda

Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Uganda (CIF) - 2022

The average import price for steel alloy wire of materials other than silico-manganese steels stood at $556 per ton in 2022, approximately reflecting the previous year. In general, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 an increase of 106% against the previous year. Over the period under review, average import prices attained the maximum at $2,496 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($609 per ton), while the price for the United Arab Emirates ($188 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Uganda

In 2022, purchases abroad of steel alloy wire of materials other than silico-manganese steels decreased by 0% to 164 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 5,550%. As a result, imports reached the peak of 327 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of steel alloy wire of materials other than silico-manganese steels amounted to $91K in 2022. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 1,772%. As a result, imports attained the peak of $182K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.2179N/A63.9171.3%
India5.82.3N/A27.067.0%
Others0.70.4N/AN/A-42.9%
Total9.7182N/A90.9110.8%

Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Uganda in 2022:

  1. China (119.0 tons)
  2. India (44.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, alloy; wire, of materials other than high speed or silico-manganese steel - Uganda