Price for Steel Alloy Wire of Silico-Manganese Steel in Greece - 2024
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Greece (CIF) - 2024
- Price for Steel Alloy Wire of Silico-Manganese Steel in Greece (FOB) - 2022
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Greece
- Exports of Steel Alloy Wire of Silico-Manganese Steel in Greece
Price for Steel Alloy Wire of Silico-Manganese Steel in Greece (CIF) - 2024
The average import price for steel alloy wire of silico-manganese steels stood at $1,909 per ton in January 2024, growing by 25% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 33% month-to-month. As a result, import price reached the peak level of $1,991 per ton. From October 2023 to January 2024, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In January 2024, the countries with the highest prices were Italy ($2,296 per ton) and Turkey ($1,961 per ton), while the price for North Macedonia ($1,674 per ton) and Germany ($1,717 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by North Macedonia (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel Alloy Wire of Silico-Manganese Steel in Greece (FOB) - 2022
The average export price for steel alloy wire of silico-manganese steels stood at $1,460 per ton in 2022, rising by 12% against the previous year. In general, the export price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 33%. The export price peaked at $6,359 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bosnia and Herzegovina ($1,604 per ton) and Kosovo ($1,542 per ton), while the average price for exports to Albania ($1,423 per ton) and Serbia ($1,433 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kosovo (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Greece
For the fourth year in a row, Greece recorded growth in overseas purchases of steel alloy wire of silico-manganese steels, which increased by 8.8% to 2.6K tons in 2022. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 54%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of steel alloy wire of silico-manganese steels surged to $4.4M in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 75%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 1,133 | 1,185 | 1,739 | 2,253 | 25.8% |
| Italy | 220 | 383 | 1,042 | 1,422 | 86.3% |
| Turkey | 90.7 | 235 | 456 | 540 | 81.2% |
| Others | 93.4 | 70.5 | 37.8 | 146 | 16.1% |
| Total | 1,538 | 1,873 | 3,275 | 4,360 | 41.5% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Greece in 2022:
- North Macedonia (1613.7 tons)
- Italy (676.2 tons)
- Turkey (301.0 tons)
Exports of Steel Alloy Wire of Silico-Manganese Steel in Greece
For the fourth year in a row, Greece recorded growth in shipments abroad of steel alloy wire of silico-manganese steels, which increased by 51% to 904 tons in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 68%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of steel alloy wire of silico-manganese steels soared to $1.3M in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 88%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Steel Alloy Wire of Silico-Manganese Steel in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 237 | 192 | 400 | 506 | 28.8% |
| Albania | 50.3 | 68.7 | 174 | 314 | 84.1% |
| North Macedonia | 47.3 | 87.4 | 93.1 | 180 | 56.1% |
| Kosovo | N/A | 8.6 | 4.0 | 135 | 296.2% |
| Bosnia and Herzegovina | 13.3 | 14.0 | 27.4 | 87.5 | 87.4% |
| Cyprus | 19.6 | 32.4 | 61.6 | 81.2 | 60.6% |
| Bulgaria | 9.7 | 10.1 | 9.1 | 15.9 | 17.9% |
| Others | 0.9 | 1.1 | 9.2 | 0.7 | -8.0% |
| Total | 379 | 414 | 779 | 1,320 | 51.6% |
Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Greece in 2022:
- Serbia (353.1 tons)
- Albania (220.8 tons)
- North Macedonia (122.2 tons)
- Kosovo (87.3 tons)
- Cyprus (55.1 tons)
- Bosnia and Herzegovina (54.6 tons)
- Bulgaria (10.9 tons)
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