Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ethiopia - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ethiopia (CIF) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ethiopia
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ethiopia (CIF) - 2022
The average import price for iron or non-alloy steel wire, not plated or coateds stood at $1,158 per ton in 2022, surging by 19% against the previous year. In general, the import price showed measured growth. The growth pace was the most rapid in 2014 when the average import price increased by 53%. As a result, import price attained the peak level of $1,291 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($2,094 per ton), while the price for Ukraine ($767 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ethiopia
In 2022, the amount of iron or non-alloy steel wire, not plated or coateds imported into Ethiopia fell markedly to 1.2K tons, with a decrease of -50.7% compared with the year before. Over the period under review, imports faced a precipitous descent.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds shrank sharply to $1.4M in 2022. In general, imports continue to indicate a sharp curtailment. The smallest decline of -39.7% was in 2021.
Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7,614 | 2,236 | 1,682 | 781 | -53.2% |
Ukraine | 853 | 494 | 459 | 415 | -21.3% |
Egypt | 225 | 22.7 | 47.3 | 64.1 | -34.2% |
Switzerland | 71.2 | 46.0 | 47.7 | 48.1 | -12.3% |
Italy | 82.7 | 46.9 | 152 | 38.6 | -22.4% |
Turkey | 1,378 | 1,142 | 8.5 | 34.8 | -70.7% |
Japan | 59.7 | 35.2 | 33.3 | 30.6 | -20.0% |
Others | 74.0 | 32.2 | 16.5 | 22.1 | -33.2% |
Total | 10,358 | 4,056 | 2,446 | 1,434 | -48.3% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Ethiopia in 2022:
- Ukraine (541.2 tons)
- China (538.0 tons)
- Switzerland (52.6 tons)
- Egypt (37.4 tons)
- Japan (22.5 tons)
- Italy (20.0 tons)
- Turkey (16.6 tons)
This report provides an in-depth analysis of the market for iron and steel wire in Ethiopia.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the market for iron and steel wire in Ethiopia.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the global market for iron and steel wire.
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