Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Iran - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Iran (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Iran (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Iran
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Iran
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Iran (CIF) - 2022
The average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $1,319 per ton in 2022, falling by -1.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 36% against the previous year. The import price peaked at $1,417 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($3,262 per ton), while the price for Taiwan (Chinese) ($428 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Iran (FOB) - 2022
The average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $482 per ton in 2022, declining by -32.5% against the previous year. Over the period under review, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 31% against the previous year. The export price peaked at $1,279 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($649 per ton), while the average price for exports to Uzbekistan ($296 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 Azerbaijan (+1.1%), while the prices for the other major destinations experienced a decline.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Iran
In 2022, the amount of iron or non-alloy steel wire, plated or coated with non-zinc base metalses imported into Iran shrank to 1.6K tons, reducing by -10.4% compared with the previous year's figure. In general, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 26%.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses shrank to $2.1M in 2022. Overall, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1,166 | 711 | 941 | 933 | -7.2% |
| China | 1,204 | 759 | 660 | 759 | -14.3% |
| India | 247 | 134 | 90.2 | 174 | -11.0% |
| United Arab Emirates | 42.6 | 52.5 | 18.7 | 45.6 | 2.3% |
| Taiwan (Chinese) | 74.9 | 40.3 | 47.1 | 41.2 | -18.1% |
| Turkey | 71.6 | 27.5 | 12.3 | 40.2 | -17.5% |
| South Korea | 58.7 | 31.1 | 34.0 | 35.8 | -15.2% |
| Poland | N/A | N/A | 506 | N/A | 0% |
| Others | 37.0 | 22.2 | 29.4 | 29.7 | -7.1% |
| Total | 2,901 | 1,778 | 2,339 | 2,059 | -10.8% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Iran in 2022:
- China (642.6 tons)
- India (303.2 tons)
- Malaysia (286.1 tons)
- Taiwan (Chinese) (96.4 tons)
- United Arab Emirates (78.6 tons)
- Turkey (52.9 tons)
- South Korea (52.8 tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Iran
In 2022, the amount of iron or non-alloy steel wire, plated or coated with non-zinc base metalses exported from Iran soared to 1.7K tons, with an increase of 350% compared with the previous year. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses soared to $811K in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 195 | 194 | 223 | 518 | 38.5% |
| Uzbekistan | 15.7 | 17.5 | 21.0 | 219 | 140.7% |
| Azerbaijan | 26.0 | 13.9 | 6.0 | 47.8 | 22.5% |
| Afghanistan | 4.0 | 3.9 | 4.5 | 10.3 | 37.1% |
| Georgia | 6.9 | 9.9 | 7.2 | 9.5 | 11.2% |
| Tajikistan | 27.2 | N/A | N/A | N/A | 0% |
| Others | 11.6 | 8.3 | 5.8 | 6.5 | -17.6% |
| Total | 287 | 247 | 267 | 811 | 41.4% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Iran in 2022:
- Iraq (798.4 tons)
- Uzbekistan (740.6 tons)
- Azerbaijan (81.0 tons)
- Afghanistan (25.8 tons)
- Georgia (18.8 tons)
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