Price for Steel Alloy Wire of Silico-Manganese Steel in Serbia - 2024

Contents:

  1. Price for Steel Alloy Wire of Silico-Manganese Steel in Serbia (CIF) - 2024
  2. Price for Steel Alloy Wire of Silico-Manganese Steel in Serbia (FOB) - 2022
  3. Imports of Steel Alloy Wire of Silico-Manganese Steel in Serbia
  4. Exports of Steel Alloy Wire of Silico-Manganese Steel in Serbia

Price for Steel Alloy Wire of Silico-Manganese Steel in Serbia (CIF) - 2024

In February 2024, the average import price for steel alloy wire of silico-manganese steels amounted to $1,444 per ton, which is down by -4.5% against the previous month. In general, the import price continues to indicate a mild downturn. The pace of growth appeared the most rapid in April 2023 an increase of 21% month-to-month. As a result, import price reached the peak level of $1,872 per ton. From May 2023 to February 2024, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($2,237 per ton), while the price for China ($1,029 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Poland (+0.1%), while the prices for the other major suppliers experienced a decline.

Price for Steel Alloy Wire of Silico-Manganese Steel in Serbia (FOB) - 2022

The average export price for steel alloy wire of silico-manganese steels stood at $2,275 per ton in 2022, increasing by 29% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for steel alloy wire of silico-manganese steels decreased by -20.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 89%. As a result, the export price attained the peak level of $2,876 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($3,308 per ton), while the average price for exports to Albania ($1,654 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, purchases abroad of steel alloy wire of silico-manganese steels decreased by -12.6% to 2.9K tons in 2022. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 21%. As a result, imports attained the peak of 3.3K tons, and then reduced in the following year.

In value terms, imports of steel alloy wire of silico-manganese steels amounted to $5.4M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.7% 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 +57.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 53% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Steel Alloy Wire of Silico-Manganese Steel in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7333848751,40424.2%
Turkey3486711,5451,20551.3%
China54266266287917.5%
Czech Republic675413677641-1.7%
Greece21318439351033.8%
Croatia19817019126610.3%
Slovenia667740821248-28.1%
Others39921075.3246-14.9%
Total3,7753,4345,2405,39912.7%

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

  1. Italy (664.5 tons)
  2. Turkey (625.7 tons)
  3. China (579.6 tons)
  4. Greece (345.9 tons)
  5. Czech Republic (270.3 tons)
  6. Croatia (135.0 tons)
  7. Slovenia (134.1 tons)

Exports of Steel Alloy Wire of Silico-Manganese Steel in Serbia

In 2022, shipments abroad of steel alloy wire of silico-manganese steels decreased by -62.9% to 24 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 52% against the previous year.

In value terms, exports of steel alloy wire of silico-manganese steels fell dramatically to $54K in 2022. In general, exports, however, recorded a noticeable expansion. The growth pace was the most rapid in 2020 with an increase of 186%. As a result, the exports reached the peak of $136K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Steel Alloy Wire of Silico-Manganese Steel in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro33.124.219.121.6-13.3%
North Macedonia1.51.925.716.4121.9%
Bosnia and Herzegovina0.30.124.810.2224.0%
AlbaniaN/AN/A0.23.71750.0%
SwedenN/AN/A1.81.3-27.8%
Slovenia1.28.6N/A0.1-56.3%
Croatia0.1N/A25.9N/A1509.3%
United Arab EmiratesN/A90.8N/AN/A0%
Czech RepublicN/AN/A5.6N/A0%
Belarus2.310.08.6N/A93.4%
Others9.20.50.90.4-64.8%
Total47.613611353.64.0%

Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Serbia in 2022:

  1. Montenegro (9.0 tons)
  2. North Macedonia (7.2 tons)
  3. Bosnia and Herzegovina (4.6 tons)
  4. Albania (2.2 tons)
  5. Sweden (0.4 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Which Country Imports the Most Wire of Other Alloy Steel in the World?
Jul 26, 2018
Eye 849

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 +...

Which Country Imports the Most Barbed Wire of Iron and Steel in the World?
Jul 26, 2018
Eye 1514

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...

Which Country Imports the Most Wires, Rods, Tubes, Plates, Electrodes of Base Metal in the World?
Jul 26, 2018
Eye 1008

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...

Which Country Exports the Most Wire of Other Alloy Steel in the World?
Jul 26, 2018
Eye 1236

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...

Which Country Exports the Most Barbed Wire of Iron and Steel in the World?
Jul 26, 2018
Eye 678

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...

Which Country Exports the Most Wires, Rods, Tubes, Plates, Electrodes of Base Metal in the World?
Jul 26, 2018
Eye 940

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...

Which Country Imports the Most Wire of Iron or Non-Alloy Steel in the World?
May 28, 2018
Eye 3544

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...

Which Country Exports the Most Wire of Iron or Non-Alloy Steel in the World?
May 28, 2018
Eye 763

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...

Exploring the Top Import Markets for Iron and Steel Wire
Mar 25, 2024
Eye 268

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.

Top Import Markets for Iron and Steel Wire in 2023
Mar 7, 2024
Eye 227

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.

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