Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Croatia - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Croatia (CIF) - 2024
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Croatia (FOB) - 2024
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Croatia
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Croatia
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Croatia (CIF) - 2024
The average import price for iron or non-alloy steel wire, not plated or coateds stood at $901 per ton in January 2024, surging by 8% against the previous month. In general, the import price, however, continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in April 2023 an increase of 11% against the previous month. The import price peaked at $1,153 per ton in January 2023; however, from February 2023 to January 2024, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was Bosnia and Herzegovina ($987 per ton), while the price for Turkey ($829 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 Austria (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Croatia (FOB) - 2024
The average export price for iron or non-alloy steel wire, not plated or coateds stood at $1,002 per ton in January 2024, reducing by -1.6% against the previous month. Overall, the export price saw a slight contraction. The pace of growth appeared the most rapid in April 2023 an increase of 7.3% month-to-month. The export price peaked at $1,155 per ton in May 2023; however, from June 2023 to January 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Kosovo ($2,161 per ton), while the average price for exports to Bosnia and Herzegovina totaled $877 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Kosovo (0.0%), while the prices for the other major destinations experienced a decline.
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Croatia
Imports of iron or non-alloy steel wire, not plated or coateds into Croatia surged to 30K tons in 2022, with an increase of 91% compared with 2021. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds surged to $34M in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.6 | 6.4 | 9.8 | 14.1 | 28.8% |
| Germany | 2.1 | 2.4 | 3.6 | 6.8 | 47.9% |
| Czech Republic | N/A | 0.1 | N/A | 4.3 | 555.7% |
| Bosnia and Herzegovina | 1.0 | 0.6 | 1.0 | 3.4 | 50.4% |
| Poland | N/A | N/A | N/A | 1.9 | 0% |
| North Macedonia | 0.1 | 0.5 | 1.0 | 1.1 | 122.4% |
| Serbia | 0.3 | 0.1 | 0.1 | 0.6 | 26.0% |
| Greece | 0.2 | 0.1 | 0.8 | 0.5 | 35.7% |
| Others | 1.2 | 1.1 | 1.7 | 1.7 | 12.3% |
| Total | 11.5 | 11.2 | 17.9 | 34.4 | 44.1% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Croatia in 2022:
- Italy (12.6K tons)
- Germany (4.7K tons)
- Czech Republic (4.0K tons)
- Bosnia and Herzegovina (3.9K tons)
- Poland (1.8K tons)
- North Macedonia (0.9K tons)
- Serbia (0.6K tons)
- Greece (0.4K tons)
Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Croatia
In 2022, overseas shipments of iron or non-alloy steel wire, not plated or coateds decreased by -22.8% to 6K tons, falling for the second year in a row after two years of growth. In general, exports saw a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. As a result, the exports attained the peak of 8.5K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds declined to $7.9M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +48.1% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 27% against the previous year.
| Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 3.8 | 4.9 | 6.3 | 6.1 | 17.1% |
| Slovenia | 0.9 | 0.9 | 1.2 | 0.6 | -12.6% |
| Bosnia and Herzegovina | 0.3 | 0.3 | 0.6 | 0.6 | 26.0% |
| Poland | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.3 | 0.6 | 0.5 | 0.4 | 10.1% |
| Total | 5.3 | 6.8 | 8.6 | 7.9 | 14.2% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Croatia in 2022:
- Denmark (4.8K tons)
- Slovenia (0.5K tons)
- Bosnia and Herzegovina (0.4K tons)
- Poland (0.1K tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Croatia.
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