Price for Steel Alloy Wire of Silico-Manganese Steel in Croatia - 2024
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Croatia (FOB) - 2024
- Price for Steel Alloy Wire of Silico-Manganese Steel in Croatia (CIF) - 2022
- Exports of Steel Alloy Wire of Silico-Manganese Steel in Croatia
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Croatia
Price for Steel Alloy Wire of Silico-Manganese Steel in Croatia (FOB) - 2024
The average export price for steel alloy wire of silico-manganese steels stood at $1,858 per ton in January 2024, flattening at the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2023 when the average export price increased by 4.6% m-o-m. The export price peaked at $2,069 per ton in April 2023; however, from May 2023 to January 2024, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In January 2024, the country with the highest price was Serbia ($1,863 per ton), while the average price for exports to Bosnia and Herzegovina totaled $1,839 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Steel Alloy Wire of Silico-Manganese Steel in Croatia (CIF) - 2022
The average import price for steel alloy wire of silico-manganese steels stood at $1,857 per ton in 2022, jumping by 129% against the previous year. In general, the import price saw a slight increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($2,420 per ton), while the price for China ($1,471 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel Alloy Wire of Silico-Manganese Steel in Croatia
For the fourth consecutive year, Croatia recorded growth in shipments abroad of steel alloy wire of silico-manganese steels, which increased by 20% to 2.9K tons in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 165%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of steel alloy wire of silico-manganese steels skyrocketed to $5.5M in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 161%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Steel Alloy Wire of Silico-Manganese Steel in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 302 | 806 | 1,094 | 1,365 | 65.3% |
| Romania | 148 | 380 | 554 | 1,024 | 90.6% |
| Slovenia | 143 | 326 | 457 | 840 | 80.4% |
| Hungary | 151 | 560 | 490 | 540 | 52.9% |
| Germany | 125 | 334 | 453 | 485 | 57.1% |
| Bulgaria | 26.2 | 31.4 | 159 | 319 | 130.1% |
| Serbia | 122 | 194 | 276 | 287 | 33.0% |
| Others | 117 | 327 | 394 | 646 | 76.7% |
| Total | 1,134 | 2,959 | 3,879 | 5,507 | 69.3% |
Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Croatia in 2022:
- Bosnia and Herzegovina (709.6 tons)
- Romania (543.7 tons)
- Slovenia (435.4 tons)
- Hungary (278.2 tons)
- Germany (239.5 tons)
- Bulgaria (166.6 tons)
- Serbia (149.8 tons)
Imports of Steel Alloy Wire of Silico-Manganese Steel in Croatia
In 2022, after three years of growth, there was significant decline in supplies from abroad of steel alloy wire of silico-manganese steels, when their volume decreased by -51.7% to 1.6K tons. In general, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 114%. As a result, imports reached the peak of 3.4K tons, and then declined remarkably in the following year.
In value terms, imports of steel alloy wire of silico-manganese steels expanded rapidly to $3M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 48%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 201 | 469 | 688 | 1,053 | 73.7% |
| Italy | 0.8 | 37.0 | 310 | 848 | 919.6% |
| Hungary | 277 | 151 | 351 | 284 | 0.8% |
| Slovenia | 264 | 339 | 439 | 276 | 1.5% |
| Turkey | 625 | 711 | 673 | 273 | -24.1% |
| Poland | 30.4 | 6.1 | 4.1 | 110 | 53.5% |
| Vietnam | 60.8 | 66.9 | 106 | 75.0 | 7.2% |
| India | 44.4 | 30.9 | 40.3 | 39.6 | -3.7% |
| Others | 130 | 48.4 | 148 | 89.2 | -11.8% |
| Total | 1,635 | 1,859 | 2,759 | 3,048 | 23.1% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Croatia in 2022:
- China (715.9 tons)
- Italy (366.7 tons)
- Turkey (158.2 tons)
- Slovenia (138.4 tons)
- Hungary (117.5 tons)
- Poland (52.4 tons)
- Vietnam (40.0 tons)
- India (22.7 tons)
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