Price for Steel Alloy Wire of Silico-Manganese Steel in Chile - 2024
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Chile (CIF) - 2024
- Price for Steel Alloy Wire of Silico-Manganese Steel in Chile (FOB) - 2022
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Chile
- Exports of Steel Alloy Wire of Silico-Manganese Steel in Chile
Price for Steel Alloy Wire of Silico-Manganese Steel in Chile (CIF) - 2024
In February 2024, the average import price for steel alloy wire of silico-manganese steels amounted to $1,143 per ton, reducing by -11.4% against the previous month. Over the period under review, the import price saw a perceptible slump. The growth pace was the most rapid in April 2023 an increase of 147% month-to-month. As a result, import price attained the peak level of $3,045 per ton. From May 2023 to February 2024, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($3,981 per ton), while the price for China ($1,054 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Turkey (+2.6%), while the prices for the other major suppliers experienced a decline.
Price for Steel Alloy Wire of Silico-Manganese Steel in Chile (FOB) - 2022
The average export price for steel alloy wire of silico-manganese steels stood at $1,169 per ton in 2022, flattening at the previous year. Overall, the export price recorded a perceptible curtailment. The growth pace was the most rapid in 2017 when the average export price increased by 72% against the previous year. As a result, the export price reached the peak level of $1,783 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($6,455 per ton), while the average price for exports to Peru amounted to $874 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+14.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Chile
In 2022, the amount of steel alloy wire of silico-manganese steels imported into Chile expanded slightly to 3.8K tons, picking up by 1.9% compared with the year before. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 30%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of steel alloy wire of silico-manganese steels reached $6.5M in 2022. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.8 | 2.9 | 5.5 | 6.2 | 17.7% |
| Turkey | N/A | N/A | N/A | 0.2 | 0% |
| Vietnam | N/A | 0.3 | 0.1 | N/A | -66.7% |
| Others | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Total | 3.8 | 3.2 | 5.8 | 6.5 | 19.6% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Chile in 2022:
- China (3.7K tons)
- Turkey (0.1K tons)
Exports of Steel Alloy Wire of Silico-Manganese Steel in Chile
In 2022, shipments abroad of steel alloy wire of silico-manganese steels decreased by 0% to 16 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 725%. As a result, the exports attained the peak of 51 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of steel alloy wire of silico-manganese steels totaled $19K in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 819% against the previous year. As a result, the exports attained the peak of $64K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Steel Alloy Wire of Silico-Manganese Steel in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 3.9 | N/A | N/A | 13.4 | 50.9% |
| Uruguay | N/A | N/A | N/A | 5.5 | 0% |
| Bolivia | 3.1 | N/A | N/A | N/A | 0% |
| Argentina | N/A | 64.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.0 | 64.5 | N/A | 18.9 | 39.2% |
Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Chile in 2022:
- Peru (15.3 tons)
- Uruguay (0.9 tons)
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