Price for Steel Alloy Wire of Silico-Manganese Steel in Indonesia - 2022
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Indonesia (CIF) - 2022
- Price for Steel Alloy Wire of Silico-Manganese Steel in Indonesia (FOB) - 2022
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Indonesia
- Exports of Steel Alloy Wire of Silico-Manganese Steel in Indonesia
Price for Steel Alloy Wire of Silico-Manganese Steel in Indonesia (CIF) - 2022
In March 2022, the average import price for steel alloy wire of silico-manganese steels amounted to $1,507 per ton, surging by 1.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in June 2021 an increase of 9.8% month-to-month. Over the period under review, average import prices hit record highs at $1,565 per ton in November 2021; however, from December 2021 to March 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In March 2022, the highest price was recorded for prices from Thailand ($1,660 per ton) and Malaysia ($1,587 per ton), while the price for China ($1,232 per ton) and Vietnam ($1,465 per ton) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel Alloy Wire of Silico-Manganese Steel in Indonesia (FOB) - 2022
In 2022, the average export price for steel alloy wire of silico-manganese steels amounted to $59,237 per ton, picking up by 654% against the previous year. Overall, the export price showed a prominent expansion. The pace of growth was the most pronounced in 2014 an increase of 14,327%. As a result, the export price attained the peak level of $723,175 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +17.7% per year.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Indonesia
In 2022, imports of steel alloy wire of silico-manganese steels into Indonesia soared to 14K tons, picking up by 56% against the previous year's figure. Over the period under review, imports, however, showed a deep downturn.
In value terms, imports of steel alloy wire of silico-manganese steels surged to $19M in 2022. In general, imports, however, continue to indicate a slight setback.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.6 | 5.0 | 5.4 | 7.9 | -2.8% |
| Thailand | 5.2 | 1.2 | 3.1 | 5.3 | 0.6% |
| Malaysia | 3.4 | 1.4 | 2.1 | 4.2 | 7.3% |
| Vietnam | 1.4 | 0.3 | 0.8 | 1.2 | -5.0% |
| Others | 0.6 | N/A | 0.1 | 0.1 | -45.0% |
| Total | 19.2 | 7.9 | 11.4 | 18.6 | -1.1% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Indonesia in 2022:
- China (6.9K tons)
- Thailand (3.2K tons)
- Malaysia (2.7K tons)
- Vietnam (0.8K tons)
Exports of Steel Alloy Wire of Silico-Manganese Steel in Indonesia
Exports of steel alloy wire of silico-manganese steels from Indonesia reduced remarkably to 87 kg in 2022, which is down by -84.5% against 2021. Overall, exports faced a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 175% against the previous year.
In value terms, exports of steel alloy wire of silico-manganese steels skyrocketed to $5.2K in 2022. In general, exports recorded a significant contraction. The pace of growth was the most pronounced in 2021 when exports increased by 786%.
| Export of Steel Alloy Wire of Silico-Manganese Steel in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.4 | 0.5 | 4.2 | 5.1 | 133.6% |
| Vietnam | 204 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 204 | 0.5 | 4.4 | 5.2 | -70.6% |
Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Indonesia in 2022:
- Singapore (86.0 kg)
560
This report provides an in-depth analysis of the market for iron and steel wire in Indonesia.
291
This report provides an in-depth analysis of the market for iron and steel wire in Indonesia.
1934
This report provides an in-depth analysis of the global market for iron and steel wire.
518
This report provides an in-depth analysis of the global market for iron and steel wire.
834
In value terms, wire of other alloy steel imports stood at $X in 2016. Overall, it indicated a temperate increase from 2007 to 2016: the total imports value increased at an average annual rate of +...
1501
In value terms, barbed wire of iron and steel imports amounted to $X in 2016. In general, barbed wire of iron and steel imports continue to indicate a mild slump. Over the period under review, glob...
996
In value terms, wires, rods, tubes, plates, electrodes of base metal imports totaled $X in 2016. In general, wires, rods, tubes, plates, electrodes of base metal imports continue to indicate a mild...
1220
In value terms, wire of other alloy steel exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some...
664
In value terms, barbed wire of iron and steel exports totaled $X in 2016. In general, barbed wire of iron and steel exports continue to indicate a relatively flat trend pattern. Over the period und...
925
In value terms, wires, rods, tubes, plates, electrodes of base metal exports amounted to $X in 2016. Overall, wires, rods, tubes, plates, electrodes of base metal exports continue to indicate a sli...
3526
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
751
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
222
Discover the top import markets for iron and steel wire and key statistics on their import values. Learn about the global demand for this essential material.
207
Explore the top countries importing iron and steel wire in 2023 and the factors driving their demand. Get insights into the global market for these essential materials.
