Price for Steel Alloy Wire of Silico-Manganese Steel in Israel - 2024
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Israel (CIF) - 2022
- Price for Steel Alloy Wire of Silico-Manganese Steel in Israel (FOB) - 2022
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Israel
- Exports of Steel Alloy Wire of Silico-Manganese Steel in Israel
Price for Steel Alloy Wire of Silico-Manganese Steel in Israel (CIF) - 2022
The average import price for steel alloy wire of silico-manganese steels stood at $1,812 per ton in 2022, surging by 23% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel alloy wire of silico-manganese steels increased by +53.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 25%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($1,812 per ton) and China ($1,812 per ton), while the price for Italy ($1,812 per ton) and South Korea ($1,812 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel Alloy Wire of Silico-Manganese Steel in Israel (FOB) - 2022
In 2021, the average export price for steel alloy wire of silico-manganese steels amounted to $1,537 per ton, picking up by 18% against the previous year. In general, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $1,617 per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Slovenia.
From 2012 to 2021, the rate of growth in terms of prices for Serbia amounted to +22.9% per year.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Israel
Imports of steel alloy wire of silico-manganese steels into Israel was estimated at 3K tons in 2022, surging by 1.9% against 2021. In general, imports, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year.
In value terms, imports of steel alloy wire of silico-manganese steels skyrocketed to $5.5M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 39% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.9 | 2.4 | 3.7 | 4.8 | 18.3% |
| India | N/A | N/A | 0.2 | 0.4 | 100.0% |
| South Korea | 1.2 | 0.7 | 0.3 | 0.2 | -45.0% |
| Italy | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 4.1 | 3.2 | 4.4 | 5.5 | 10.3% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Israel in 2022:
- China (2637.9 tons)
- India (200.9 tons)
- South Korea (84.4 tons)
- Italy (62.4 tons)
Exports of Steel Alloy Wire of Silico-Manganese Steel in Israel
After two years of growth, shipments abroad of steel alloy wire of silico-manganese steels decreased by -66.1% to 6.5 tons in 2021. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 2,365% against the previous year. As a result, the exports reached the peak of 19 tons, and then shrank sharply in the following year.
In value terms, exports of steel alloy wire of silico-manganese steels shrank rapidly to $10K in 2021. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 2,400% against the previous year. As a result, the exports attained the peak of $25K, and then declined remarkably in the following year.
| Export of Steel Alloy Wire of Silico-Manganese Steel in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Slovenia | N/A | 13.0 | 10.0 | -23.1% | |
| Croatia | N/A | 7.0 | N/A | 0% | |
| United Kingdom | N/A | 2.0 | N/A | 0% | |
| Greece | 1.0 | 3.0 | N/A | 200.0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 1.0 | 25.0 | 10.0 | 216.2% | |
Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Israel in 2022:
- Slovenia (6.5 tons)
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