Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Iran - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Iran (FOB) - 2022
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Iran (CIF) - 2022
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Iran
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Iran
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Iran (FOB) - 2022
The average export price for iron or non-alloy steel wire, not plated or coateds stood at $728 per ton in 2022, rising by 51% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $786 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($1,480 per ton), while the average price for exports to Uzbekistan ($468 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 Oman (+40.6%), 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 Iran (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel wire, not plated or coateds amounted to $1,696 per ton, picking up by 54% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.8% 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 +62.5% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,720 per ton), while the price for Taiwan (Chinese) ($957 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+16.6%), 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 Iran
In 2022, approx. 17K tons of iron or non-alloy steel wire, not plated or coateds were exported from Iran; picking up by 127% against 2021. In general, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 251%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds surged to $12M in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | 1,760 | 249 | 1,308 | 3,043 | 20.0% |
| Armenia | 1,146 | 543 | 867 | 2,775 | 34.3% |
| Azerbaijan | 824 | 149 | 1,072 | 2,662 | 47.8% |
| Oman | 681 | 35.7 | 107 | 1,800 | 38.3% |
| Uzbekistan | 88.4 | N/A | 113 | 1,753 | 170.7% |
| Kazakhstan | 119 | 201 | 111 | 69.5 | -16.4% |
| Lebanon | 1,099 | N/A | N/A | N/A | 0% |
| Others | 285 | N/A | 12.4 | 254 | -3.8% |
| Total | 6,002 | 1,177 | 3,590 | 12,356 | 27.2% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Iran in 2022:
- Armenia (4.2K tons)
- Georgia (4.0K tons)
- Uzbekistan (3.7K tons)
- Azerbaijan (3.4K tons)
- Oman (1.2K tons)
- Kazakhstan (0.1K tons)
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Iran
In 2022, imports of iron or non-alloy steel wire, not plated or coateds into Iran dropped to 485 tons, falling by -7.6% on 2021. In general, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 18%.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds soared to $823K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.2% against 2020 indices. 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 Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 580 | 384 | 482 | 806 | 11.6% |
| Taiwan (Chinese) | N/A | 69.1 | 79.5 | 11.2 | -59.7% |
| India | 97.8 | N/A | 0.9 | 0.3 | -85.5% |
| Others | 15.6 | 10.9 | 16.9 | 5.6 | -28.9% |
| Total | 694 | 464 | 579 | 823 | 5.8% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Iran in 2022:
- China (468.4 tons)
- Taiwan (Chinese) (11.7 tons)
- India (0.3 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Iran.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the market for iron and steel wire in Iran.
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This report provides an in-depth analysis of the market for iron and steel wire in Iran.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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