Price for Steel Alloy Wire of Silico-Manganese Steel in Pakistan - 2022

Contents:

  1. Price for Steel Alloy Wire of Silico-Manganese Steel in Pakistan (CIF) - 2022
  2. Imports of Steel Alloy Wire of Silico-Manganese Steel in Pakistan

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

In 2022, the average import price for steel alloy wire of silico-manganese steels amounted to $803 per ton, which is down by -20% against the previous year. In general, the import price saw a pronounced descent. The most prominent rate of growth was recorded in 2018 an increase of 31%. The import price peaked at $1,120 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,918 per ton), while the price for China ($472 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 37 tons of steel alloy wire of silico-manganese steels were imported into Pakistan; jumping by 363% against 2021. In general, imports, however, recorded a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 700% against the previous year.

In value terms, imports of steel alloy wire of silico-manganese steels soared to $30K in 2022. Overall, imports, however, faced a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 692% against the previous year.

Import of Steel Alloy Wire of Silico-Manganese Steel in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates3.80.43.112.046.7%
China13.90.20.46.3-23.2%
Turkey5.40.22.45.40.0%
Thailand4.00.11.03.1-8.1%
Taiwan (Chinese)3.00.10.82.9-1.1%
South Korea3.2N/AN/AN/A0%
Malaysia15.1N/AN/AN/A0%
OthersN/AN/A0.4N/A0%
Total48.51.08.029.7-15.1%

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

  1. China (13.3 tons)
  2. United Arab Emirates (12.7 tons)
  3. Turkey (5.9 tons)
  4. Thailand (3.6 tons)
  5. Taiwan (Chinese) (1.5 tons)

Source: IndexBox Market Intelligence Platform

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