Price for Steel Alloy Wire of Silico-Manganese Steel in Finland - 2024

Contents:

  1. Price for Steel Alloy Wire of Silico-Manganese Steel in Finland (CIF) - 2022
  2. Price for Steel Alloy Wire of Silico-Manganese Steel in Finland (FOB) - 2022
  3. Imports of Steel Alloy Wire of Silico-Manganese Steel in Finland
  4. Exports of Steel Alloy Wire of Silico-Manganese Steel in Finland

Price for Steel Alloy Wire of Silico-Manganese Steel in Finland (CIF) - 2022

In 2022, the average import price for steel alloy wire of silico-manganese steels amounted to $2,055 per ton, surging by 22% against the previous year. In general, the import price showed a mild increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 482% against the previous year. As a result, import price attained the peak level of $11,696 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($2,220 per ton) and Sweden ($2,112 per ton), while the price for China ($1,761 per ton) and Italy ($1,868 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel Alloy Wire of Silico-Manganese Steel in Finland (FOB) - 2022

The average export price for steel alloy wire of silico-manganese steels stood at $6,457 per ton in 2022, increasing by 99% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. The growth pace was the most rapid in 2019 an increase of 962% against the previous year. Over the period under review, the average export prices reached the maximum at $40,959 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($6,543 per ton), while the average price for exports to Sweden ($2,058 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-4.4%).

Imports of Steel Alloy Wire of Silico-Manganese Steel in Finland

For the fourth consecutive year, Finland recorded growth in supplies from abroad of steel alloy wire of silico-manganese steels, which increased by 3.6% to 4.3K tons in 2022. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 496%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of steel alloy wire of silico-manganese steels soared to $8.9M in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Steel Alloy Wire of Silico-Manganese Steel in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden4.42,7133,3573,629837.8%
Netherlands3.713.91,7021,977711.5%
Czech Republic4,0441,0621,0961,443-29.1%
Italy2.11963661,297751.6%
Turkey64.721.324021148.3%
Germany20.046.486.914593.5%
Others455105213194-24.7%
Total4,5934,1587,0618,89724.7%

Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Finland in 2022:

  1. Sweden (1718.3 tons)
  2. Netherlands (1018.9 tons)
  3. Italy (694.4 tons)
  4. Czech Republic (688.1 tons)
  5. Turkey (101.8 tons)
  6. Germany (65.4 tons)

Exports of Steel Alloy Wire of Silico-Manganese Steel in Finland

In 2022, the amount of steel alloy wire of silico-manganese steels exported from Finland soared to 138 tons, rising by 7,939% on the year before. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of steel alloy wire of silico-manganese steels soared to $889K in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Steel Alloy Wire of Silico-Manganese Steel in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A8800%
BelarusN/AN/AN/A6.30%
Sweden6.68.53.00.1-75.3%
Others4.60.72.62.7-16.3%
Total11.29.25.5889329.8%

Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Finland in 2022:

  1. Russia (134.5 tons)
  2. Belarus (2.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, alloy; wire, of silico-manganese steel - Finland