Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in France - 2024

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in France (CIF) - 2022
  2. Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in France (FOB) - 2022
  3. Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in France
  4. Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in France

Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in France (CIF) - 2022

In 2022, the average import price for iron or non-alloy steel wire, not plated or coateds amounted to $1,376 per ton, picking up by 22% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or non-alloy steel wire, not plated or coateds increased by +70.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 40% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($2,174 per ton), while the price for Italy ($1,147 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in France (FOB) - 2022

The average export price for iron or non-alloy steel wire, not plated or coateds stood at $1,592 per ton in 2022, increasing by 10% against the previous year. Over the period under review, the export price showed a buoyant increase. The pace of growth appeared the most rapid in 2019 an increase of 40% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($5,540 per ton), while the average price for exports to Belgium ($1,169 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 Switzerland (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in France

In 2022, approx. 230K tons of iron or non-alloy steel wire, not plated or coateds were imported into France; rising by 4.8% compared with 2021 figures. The total import volume increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of iron or non-alloy steel wire, not plated or coateds surged to $317M in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 63%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy46.643.690.213141.1%
Spain38.734.457.457.013.8%
Germany27.024.029.431.45.2%
Belgium6.09.423.428.367.7%
Slovakia3.35.812.324.494.8%
Netherlands7.06.19.711.518.0%
South Korea13.57.64.49.9-9.8%
Portugal2.42.95.26.740.8%
Luxembourg10.87.36.85.4-20.6%
Others13.111.19.011.6-4.0%
Total16915224831723.3%

Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to France in 2022:

  1. Italy (114.2K tons)
  2. Spain (42.2K tons)
  3. Germany (20.9K tons)
  4. Belgium (14.3K tons)
  5. Slovakia (11.2K tons)
  6. Netherlands (7.6K tons)
  7. Portugal (4.9K tons)
  8. South Korea (4.0K tons)
  9. Luxembourg (3.3K tons)

Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in France

In 2022, approx. 48K tons of iron or non-alloy steel wire, not plated or coateds were exported from France; rising by 15% against the previous year. The total export volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of iron or non-alloy steel wire, not plated or coateds soared to $77M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.6% 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 +65.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15.510.617.332.027.3%
Brazil16.28.16.59.3-16.9%
United States5.27.36.15.1-0.6%
Spain2.72.65.15.022.8%
Italy3.03.04.74.514.5%
Belgium1.21.22.73.238.7%
Canada1.61.52.02.820.5%
Netherlands0.90.71.82.234.7%
United Kingdom2.01.21.62.11.6%
China1.21.92.22.018.6%
Malaysia1.73.62.91.93.8%
Poland2.40.61.91.0-25.3%
French Polynesia0.70.60.10.1-47.7%
Others7.13.15.45.5-8.2%
Total61.546.360.276.67.6%

Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from France in 2022:

  1. Germany (24.2K tons)
  2. Spain (3.6K tons)
  3. Brazil (3.0K tons)
  4. Italy (3.0K tons)
  5. Belgium (2.7K tons)
  6. United States (2.6K tons)
  7. Canada (1.5K tons)
  8. Netherlands (1.3K tons)
  9. China (1.2K tons)
  10. United Kingdom (1.2K tons)
  11. Malaysia (0.6K tons)
  12. Poland (0.5K tons)
  13. French Polynesia (0.1K tons)

Source: IndexBox Market Intelligence Platform

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