Price for Steel Alloy Wire of Silico-Manganese Steel in Poland - 2024
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Poland (CIF) - 2024
- Price for Steel Alloy Wire of Silico-Manganese Steel in Poland (FOB) - 2024
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Poland
- Exports of Steel Alloy Wire of Silico-Manganese Steel in Poland
Price for Steel Alloy Wire of Silico-Manganese Steel in Poland (CIF) - 2024
In January 2024, the average import price for steel alloy wire of silico-manganese steels amounted to $1,218 per ton, shrinking by -12.6% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 14% m-o-m. Over the period under review, average import prices hit record highs at $1,486 per ton in November 2023; however, from December 2023 to January 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($1,816 per ton), while the price for China ($892 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.2%), while the prices for the other major suppliers experienced a decline.
Price for Steel Alloy Wire of Silico-Manganese Steel in Poland (FOB) - 2024
The average export price for steel alloy wire of silico-manganese steels stood at $1,346 per ton in January 2024, with a decrease of -12.3% against the previous month. Over the period under review, the export price recorded a slight decrease. The most prominent rate of growth was recorded in December 2023 an increase of 5.4% against the previous month. The export price peaked at $1,646 per ton in January 2023; however, from February 2023 to January 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In January 2024, the country with the highest price was Ukraine ($2,010 per ton), while the average price for exports to Belarus ($1,240 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Poland
In 2022, approx. 48K tons of steel alloy wire of silico-manganese steels were imported into Poland; dropping by -12.7% against the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, imports reached the peak of 55K tons, and then reduced in the following year.
In value terms, imports of steel alloy wire of silico-manganese steels declined modestly to $72M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 +59.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 64%. As a result, imports attained the peak of $75M, and then fell modestly in the following year.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 36.6 | 28.6 | 45.7 | 37.9 | 1.2% |
| Czech Republic | 12.9 | 13.0 | 13.6 | 14.7 | 4.5% |
| South Korea | N/A | N/A | N/A | 7.3 | 0% |
| Italy | 0.6 | 1.5 | 6.0 | 6.1 | 116.6% |
| United Kingdom | N/A | N/A | 1.9 | 2.4 | 26.3% |
| Ukraine | 0.4 | 0.4 | 1.5 | 1.0 | 35.7% |
| Others | 1.1 | 2.1 | 6.0 | 2.9 | 38.1% |
| Total | 51.6 | 45.5 | 74.7 | 72.3 | 11.9% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Poland in 2022:
- China (27.4K tons)
- Czech Republic (8.8K tons)
- South Korea (4.5K tons)
- Italy (3.5K tons)
- United Kingdom (1.2K tons)
- Ukraine (0.7K tons)
Exports of Steel Alloy Wire of Silico-Manganese Steel in Poland
Exports of steel alloy wire of silico-manganese steels from Poland was estimated at 11K tons in 2022, rising by 13% compared with the previous year. The total export volume increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 29% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of steel alloy wire of silico-manganese steels skyrocketed to $21M in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 91% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Steel Alloy Wire of Silico-Manganese Steel in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.1 | 3.3 | 3.9 | 6.5 | 8.4% |
| Czech Republic | 1.0 | 0.8 | 2.6 | 2.7 | 39.2% |
| Hungary | 0.4 | 0.5 | 2.0 | 2.4 | 81.7% |
| Slovakia | 0.9 | 0.8 | 2.2 | 2.4 | 38.7% |
| Romania | 1.2 | 0.9 | 1.2 | 1.7 | 12.3% |
| Estonia | 0.2 | 0.4 | 1.2 | 1.2 | 81.7% |
| Lithuania | 0.3 | 0.2 | 0.4 | 0.4 | 10.1% |
| Belarus | 0.7 | 0.4 | 0.7 | 0.1 | -47.7% |
| Others | 1.1 | 1.0 | 1.7 | 3.2 | 42.8% |
| Total | 10.8 | 8.4 | 16.0 | 20.6 | 24.0% |
Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Poland in 2022:
- Germany (3.9K tons)
- Czech Republic (1.5K tons)
- Slovakia (1.3K tons)
- Hungary (1.2K tons)
- Romania (1.0K tons)
- Estonia (0.6K tons)
- Lithuania (0.2K tons)
- Belarus (0.1K tons)
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