Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ecuador - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ecuador (FOB) - 2022
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ecuador (CIF) - 2022
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ecuador
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ecuador
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ecuador (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, not plated or coateds amounted to $1,404 per ton, rising by 2.9% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 iron or non-alloy steel wire, not plated or coateds increased by +121.4% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 61% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Colombia ($1,696 per ton) and Venezuela ($1,492 per ton), while the average price for exports to Costa Rica ($1,292 per ton) and Chile ($1,334 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 Chile (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ecuador (CIF) - 2022
The average import price for iron or non-alloy steel wire, not plated or coateds stood at $953 per ton in 2022, which is down by -13.9% against the previous year. Over the period under review, the import price saw a slight slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 35%. The import price peaked at $1,459 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($5,771 per ton), while the price for China ($718 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ecuador
In 2022, overseas shipments of iron or non-alloy steel wire, not plated or coateds were finally on the rise to reach 432 tons after two years of decline. Over the period under review, exports, however, faced a sharp decrease.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds expanded remarkably to $607K in 2022. In general, exports, however, continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 10%.
| Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | N/A | N/A | 290 | 0% |
| Colombia | 840 | 293 | 496 | 111 | -49.1% |
| Costa Rica | 272 | 212 | 51.8 | 109 | -26.3% |
| Venezuela | 10.0 | N/A | 8.1 | 97.2 | 113.4% |
| Peru | 38.2 | N/A | N/A | N/A | 0% |
| Others | 30.5 | N/A | 2.7 | N/A | -70.2% |
| Total | 1,190 | 505 | 558 | 607 | -20.1% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Ecuador in 2022:
- Chile (217.6 tons)
- Costa Rica (84.2 tons)
- Colombia (65.5 tons)
- Venezuela (65.2 tons)
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ecuador
In 2022, supplies from abroad of iron or non-alloy steel wire, not plated or coateds was finally on the rise to reach 158 tons after two years of decline. Overall, imports continue to indicate a significant increase. 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 skyrocketed to $150K in 2022. Over the period under review, imports showed 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 Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.8 | 13.6 | 11.8 | 77.0 | 54.7% |
| Spain | 39.5 | 37.6 | 0.8 | 71.2 | 21.7% |
| Colombia | 5.5 | 2.0 | N/A | N/A | -63.6% |
| India | N/A | 6.5 | N/A | N/A | 0% |
| Others | 4.9 | 6.4 | 3.9 | 2.2 | -23.4% |
| Total | 70.7 | 66.2 | 16.5 | 150 | 28.5% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Ecuador in 2022:
- China (107.3 tons)
- Spain (50.1 tons)
360
This report provides an in-depth analysis of the market for iron and steel wire in Ecuador.
334
This report provides an in-depth analysis of the market for iron and steel wire in Ecuador.
1995
This report provides an in-depth analysis of the global market for iron and steel wire.
609
This report provides an in-depth analysis of the global market for iron and steel wire.
360
This report provides an in-depth analysis of the market for iron and steel wire in Ecuador.
334
This report provides an in-depth analysis of the market for iron and steel wire in Ecuador.
1995
This report provides an in-depth analysis of the global market for iron and steel wire.
609
This report provides an in-depth analysis of the global market for iron and steel wire.
873
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 +...
1538
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...
1073
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...
1269
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...
700
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...
965
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...
3578
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...
786
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...
308
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.
272
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.
