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Germany - Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Deformed Non-Alloy Steel Wire Rod in Germany - 2023
Contents:
- Price for Deformed Non-Alloy Steel Wire Rod in Germany (FOB) - 2023
- Price for Deformed Non-Alloy Steel Wire Rod in Germany (CIF) - 2023
- Exports of Deformed Non-Alloy Steel Wire Rod in Germany
- Imports of Deformed Non-Alloy Steel Wire Rod in Germany
Price for Deformed Non-Alloy Steel Wire Rod in Germany (FOB) - 2023
In June 2023, the average export price for ribbed or other deformed wire rod of non-alloy steel amounted to $768 per ton, waning by -7.1% against the previous month. Over the period under review, the export price saw a pronounced descent. The pace of growth was the most pronounced in May 2023 when the average export price increased by 5.1% against the previous month. The export price peaked at $1,320 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In June 2023, the highest price was recorded for prices to Denmark ($828 per ton) and France ($810 per ton), while the average price for exports to Switzerland ($722 per ton) and Poland ($742 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-2.9%), while the prices for the other major destinations experienced a decline.
Price for Deformed Non-Alloy Steel Wire Rod in Germany (CIF) - 2023
In June 2023, the average import price for ribbed or other deformed wire rod of non-alloy steel amounted to $766 per ton, with a decrease of -8.2% against the previous month. Over the period under review, the import price continues to indicate a perceptible decrease. The growth pace was the most rapid in February 2023 when the average import price increased by 7% month-to-month. Over the period under review, average import prices attained the peak figure at $1,267 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from France ($846 per ton) and Switzerland ($778 per ton), while the price for Italy ($721 per ton) and Poland ($756 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (-0.8%), while the prices for the other major suppliers experienced a decline.
Exports of Deformed Non-Alloy Steel Wire Rod in Germany
In 2022, approx. 444K tons of ribbed or other deformed wire rod of non-alloy steel were exported from Germany; declining by -12% compared with 2021. In general, exports saw a abrupt decline. The smallest decline of -1.7% was in 2020.
In value terms, deformed non-alloy steel wire rod exports expanded notably to $493M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
Export of Deformed Non-Alloy Steel Wire Rod in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 43.3 | 42.9 | 70.7 | 112 | 37.3% |
Switzerland | 117 | 90.2 | 122 | 95.9 | -6.4% |
Denmark | 23.8 | 23.6 | 43.1 | 58.3 | 34.8% |
France | 26.9 | 26.0 | 45.1 | 54.7 | 26.7% |
Poland | 44.1 | 47.3 | 50.1 | 48.7 | 3.4% |
Netherlands | 29.7 | 28.3 | 41.1 | 43.5 | 13.6% |
Sweden | 17.2 | 16.2 | 26.8 | 32.9 | 24.1% |
Hungary | 10.1 | 5.9 | 5.6 | 8.0 | -7.5% |
Norway | 8.5 | 7.8 | 9.4 | 5.7 | -12.5% |
Others | 22.6 | 18.0 | 31.5 | 33.7 | 14.2% |
Total | 344 | 306 | 445 | 493 | 12.7% |
Top Export Markets for Deformed Non-Alloy Steel Wire Rod from Germany in 2022:
- Austria (112.2K tons)
- Switzerland (79.1K tons)
- Poland (48.9K tons)
- France (46.6K tons)
- Denmark (46.5K tons)
- Netherlands (40.2K tons)
- Sweden (27.8K tons)
- Hungary (7.8K tons)
- Norway (5.1K tons)
Imports of Deformed Non-Alloy Steel Wire Rod in Germany
In 2022, supplies from abroad of ribbed or other deformed wire rod of non-alloy steel decreased by -27.2% to 152K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, imports attained the peak of 209K tons, and then fell dramatically in the following year.
In value terms, deformed non-alloy steel wire rod imports rose slightly to $176M in 2022. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 106% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
Import of Deformed Non-Alloy Steel Wire Rod in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 33.1 | 44.6 | 97.0 | 83.7 | 36.2% |
Belgium | 6.6 | 6.0 | 23.7 | 33.4 | 71.7% |
Italy | 29.7 | 19.5 | 23.2 | 30.3 | 0.7% |
France | 1.2 | 4.3 | 20.0 | 13.7 | 125.2% |
Poland | 13.5 | 5.3 | 4.7 | 9.2 | -12.0% |
Others | 3.3 | 3.1 | 2.4 | 5.3 | 17.1% |
Total | 87.4 | 83.0 | 171 | 176 | 26.3% |
Top Suppliers of Deformed Non-Alloy Steel Wire Rod to Germany in 2022:
- Switzerland (67.5K tons)
- Belgium (31.8K tons)
- Italy (26.0K tons)
- France (14.1K tons)
- Poland (7.9K tons)
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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