Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Greece - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Greece (CIF) - 2024
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Greece (FOB) - 2024
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Greece
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Greece
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Greece (CIF) - 2024
The average import price for iron or non-alloy steel wire, not plated or coateds stood at $1,139 per ton in January 2024, waning by -27.8% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2023 when the average import price increased by 51% m-o-m. As a result, import price attained the peak level of $1,578 per ton, and then dropped sharply in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($2,367 per ton), while the price for Bulgaria ($772 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 Portugal (+1.5%), 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 Greece (FOB) - 2024
The average export price for iron or non-alloy steel wire, not plated or coateds stood at $955 per ton in January 2024, shrinking by -18.5% against the previous month. Over the period under review, the export price recorded a slight shrinkage. The growth pace was the most rapid in August 2023 an increase of 22% against the previous month. As a result, the export price attained the peak level of $1,390 per ton. From September 2023 to January 2024, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($1,633 per ton), while the average price for exports to North Macedonia ($742 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+0.9%), while the prices for the other major destinations experienced a decline.
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Greece
In 2022, imports of iron or non-alloy steel wire, not plated or coateds into Greece stood at 5.2K tons, stabilizing at 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 18%. As a result, imports attained the peak of 6.1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds totaled $6.3M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Albania | 308 | 415 | 1,068 | 2,408 | 98.5% |
| United Kingdom | 360 | 159 | 503 | 493 | 11.0% |
| Italy | 776 | 556 | 731 | 491 | -14.2% |
| Spain | 317 | 653 | 623 | 483 | 15.1% |
| China | 346 | 383 | 213 | 460 | 10.0% |
| Bulgaria | 145 | 148 | 320 | 436 | 44.3% |
| Portugal | 1,224 | 1,261 | 745 | 413 | -30.4% |
| Turkey | 302 | 57.1 | 660 | 351 | 5.1% |
| Ukraine | 186 | 285 | 240 | 295 | 16.6% |
| North Macedonia | 398 | 390 | 353 | 106 | -35.7% |
| Others | 644 | 946 | 246 | 370 | -16.9% |
| Total | 5,005 | 5,254 | 5,702 | 6,306 | 8.0% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Greece in 2022:
- Albania (2141.4 tons)
- Bulgaria (444.5 tons)
- China (398.2 tons)
- Spain (383.3 tons)
- Portugal (337.1 tons)
- Turkey (327.5 tons)
- Italy (311.8 tons)
- United Kingdom (296.2 tons)
- Ukraine (270.2 tons)
- North Macedonia (91.8 tons)
Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Greece
Exports of iron or non-alloy steel wire, not plated or coateds from Greece shrank significantly to 4.6K tons in 2022, waning by -39.3% compared with the year before. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 160% against the previous year. As a result, the exports attained the peak of 7.5K tons, and then reduced remarkably in the following year.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds reduced rapidly to $5.2M in 2022. Over the period under review, exports, however, recorded a modest expansion. The pace of growth was the most pronounced in 2021 with an increase of 265%. As a result, the exports reached the peak of $7.5M, and then reduced remarkably in the following year.
| Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 2,119 | 572 | 2,948 | 1,717 | -6.8% |
| North Macedonia | 730 | 721 | 1,029 | 1,666 | 31.7% |
| Croatia | 70.7 | 35.2 | 331 | 263 | 54.9% |
| Cyprus | 71.1 | 196 | 340 | 259 | 53.9% |
| Ecuador | N/A | N/A | 483 | 235 | -51.3% |
| Kenya | 17.2 | 19.1 | 207 | 184 | 120.3% |
| Bosnia and Herzegovina | 488 | 52.9 | 580 | 181 | -28.2% |
| Nigeria | N/A | N/A | 73.3 | 160 | 118.3% |
| Hungary | 21.1 | 56.3 | 35.1 | 156 | 94.8% |
| Albania | 301 | 120 | 339 | 153 | -20.2% |
| Senegal | 21.0 | 18.4 | 161 | 129 | 83.1% |
| Romania | 905 | 129 | 480 | 70.5 | -57.3% |
| Others | 268 | 145 | 529 | 34.4 | -49.6% |
| Total | 5,011 | 2,064 | 7,536 | 5,207 | 1.3% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Greece in 2022:
- North Macedonia (1782.5 tons)
- Serbia (1307.4 tons)
- Croatia (211.6 tons)
- Ecuador (200.7 tons)
- Cyprus (192.0 tons)
- Albania (153.7 tons)
- Kenya (150.0 tons)
- Bosnia and Herzegovina (144.0 tons)
- Nigeria (126.0 tons)
- Senegal (100.6 tons)
- Hungary (93.9 tons)
- Romania (60.3 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Greece.
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This report provides an in-depth analysis of the market for iron and steel wire in Greece.
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This report provides an in-depth analysis of the market for iron and steel wire in Greece.
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This report provides an in-depth analysis of the market for iron and steel wire in Greece.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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