Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Romania - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Romania (FOB) - 2024
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Romania (CIF) - 2024
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Romania
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Romania
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Romania (FOB) - 2024
In January 2024, the average export price for iron or non-alloy steel wire, not plated or coateds amounted to $1,497 per ton, shrinking by -31.8% against the previous month. In general, the export price, however, showed mild growth. The growth pace was the most rapid in December 2023 an increase of 184% m-o-m. As a result, the export price reached the peak level of $2,193 per ton, and then reduced notably in the following month.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From January 2023 to January 2024, the rate of growth in terms of prices for the Czech Republic amounted to +3.6% per month.
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Romania (CIF) - 2024
The average import price for iron or non-alloy steel wire, not plated or coateds stood at $1,278 per ton in January 2024, with an increase of 14% against the previous month. In general, the import price, however, continues to indicate a slight setback. The growth pace was the most rapid in April 2023 an increase of 34% against the previous month. The import price peaked at $1,725 per ton in May 2023; however, from June 2023 to January 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was China ($3,650 per ton), while the price for Turkey ($852 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 China (+5.2%), while the prices for the other major suppliers experienced a decline.
Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Romania
In 2022, exports of iron or non-alloy steel wire, not plated or coateds from Romania shrank modestly to 22K tons, reducing by -3.7% against the year before. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 37%. As a result, the exports attained the peak of 23K tons, and then shrank slightly in the following year.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds soared to $33M in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 98% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Luxembourg | 0.4 | 4.5 | 5.9 | 5.5 | 139.6% |
| Czech Republic | 2.5 | 0.9 | 3.1 | 4.9 | 25.1% |
| Latvia | N/A | N/A | 0.6 | 3.8 | 533.3% |
| Canada | 0.1 | 0.7 | 1.6 | 3.5 | 227.1% |
| Netherlands | 3.2 | 1.9 | 3.3 | 3.5 | 3.0% |
| Italy | 1.2 | 0.5 | 0.5 | 1.9 | 16.6% |
| Germany | 2.3 | 0.5 | 2.7 | 1.7 | -9.6% |
| Israel | 1.1 | 0.7 | 0.9 | 1.2 | 2.9% |
| United Kingdom | N/A | N/A | 0.8 | 1.2 | 50.0% |
| Hungary | 3.3 | 1.8 | 3.2 | 1.2 | -28.6% |
| Denmark | N/A | 0.3 | 0.9 | 0.8 | 63.3% |
| United States | 0.2 | 0.4 | 1.1 | 0.6 | 44.2% |
| Slovakia | N/A | 0.1 | 0.2 | 0.6 | 144.9% |
| Others | 2.5 | 1.3 | 2.3 | 2.1 | -5.6% |
| Total | 16.7 | 13.6 | 26.9 | 32.6 | 25.0% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Romania in 2022:
- Luxembourg (4.1K tons)
- Czech Republic (4.0K tons)
- Netherlands (2.5K tons)
- Canada (2.0K tons)
- Latvia (2.0K tons)
- Italy (1.4K tons)
- Germany (1.2K tons)
- Hungary (1.0K tons)
- Israel (0.8K tons)
- United Kingdom (0.7K tons)
- Denmark (0.6K tons)
- Slovakia (0.5K tons)
- United States (0.3K tons)
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Romania
In 2022, supplies from abroad of iron or non-alloy steel wire, not plated or coateds decreased by -36% to 22K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a mild curtailment. The growth pace was the most rapid in 2021 when imports increased by 22%. As a result, imports reached the peak of 34K tons, and then shrank markedly in the following year.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds shrank rapidly to $31M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.3% 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 +34.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 68%. As a result, imports attained the peak of $42M, and then shrank remarkably in the following year.
| Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.0 | 3.8 | 5.9 | 5.5 | 22.4% |
| Czech Republic | 4.0 | 4.4 | 6.4 | 4.6 | 4.8% |
| Austria | 0.8 | 1.2 | 1.8 | 3.6 | 65.1% |
| Turkey | 5.9 | 2.4 | 2.4 | 3.5 | -16.0% |
| Netherlands | 0.9 | 2.4 | 3.2 | 3.5 | 57.3% |
| Germany | 3.7 | 2.3 | 3.6 | 2.2 | -15.9% |
| Bulgaria | 0.5 | 0.6 | 1.3 | 2.1 | 61.3% |
| Ukraine | 1.5 | 1.3 | 1.3 | 2.0 | 10.1% |
| Hungary | 0.4 | 0.7 | 1.2 | 1.1 | 40.1% |
| Slovakia | 0.8 | 0.9 | 1.9 | 0.9 | 4.0% |
| Russia | 0.2 | 1.2 | 3.4 | N/A | 312.3% |
| Egypt | N/A | 2.8 | 4.0 | N/A | 42.9% |
| Algeria | N/A | N/A | 3.3 | N/A | 0% |
| Others | 1.8 | 1.0 | 2.4 | 2.5 | 11.6% |
| Total | 23.4 | 25.0 | 42.0 | 31.4 | 10.3% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Romania in 2022:
- Italy (4.7K tons)
- Turkey (3.6K tons)
- Czech Republic (3.5K tons)
- Austria (2.0K tons)
- Ukraine (1.7K tons)
- Bulgaria (1.6K tons)
- Germany (1.3K tons)
- Netherlands (0.8K tons)
- Hungary (0.8K tons)
- Slovakia (0.5K tons)
508
This report provides an in-depth analysis of the market for iron and steel wire in Romania.
415
This report provides an in-depth analysis of the market for iron and steel wire in Romania.
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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 global market for iron and steel wire.
508
This report provides an in-depth analysis of the market for iron and steel wire in Romania.
415
This report provides an in-depth analysis of the market for iron and steel wire in Romania.
1995
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 global market for iron and steel wire.
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