Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Tunisia - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Tunisia (FOB) - 2022
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Tunisia (CIF) - 2022
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Tunisia
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Tunisia
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Tunisia (FOB) - 2022
The average export price for iron or non-alloy steel wire, not plated or coateds stood at $1,357 per ton in 2022, rising by 16% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or non-alloy steel wire, not plated or coateds increased by +119.8% against 2016 indices. The pace of growth appeared the most rapid in 2020 an increase of 26% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($1,487 per ton), while the average price for exports to Ireland ($938 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 Mexico (+4.4%), 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 Tunisia (CIF) - 2022
The average import price for iron or non-alloy steel wire, not plated or coateds stood at $997 per ton in 2022, picking up by 15% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $1,209 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
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 Spain ($2,099 per ton), while the price for Libya ($479 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.4%), 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 Tunisia
After three years of growth, shipments abroad of iron or non-alloy steel wire, not plated or coateds decreased by -41% to 8.7K tons in 2022. Over the period under review, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 1.9% against the previous year.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds contracted dramatically to $12M in 2022. In general, total exports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +2.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year.
Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Tunisia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Morocco | 6.8 | 7.7 | 9.0 | 6.6 | -1.0% |
United Kingdom | 1.7 | 4.4 | 4.4 | 2.8 | 18.1% |
Egypt | 1.2 | 0.2 | 2.0 | 1.3 | 2.7% |
Mexico | 0.3 | 0.4 | 0.3 | 0.2 | -12.6% |
Ireland | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
Others | 1.0 | 1.2 | 1.5 | 0.8 | -7.2% |
Total | 11.0 | 14.1 | 17.2 | 11.8 | 2.4% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Tunisia in 2022:
- Morocco (4.5K tons)
- United Kingdom (2.2K tons)
- Egypt (0.8K tons)
- Mexico (0.2K tons)
- Ireland (0.1K tons)
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Tunisia
In 2022, purchases abroad of iron or non-alloy steel wire, not plated or coateds decreased by -20.9% to 8.6K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 23%.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds contracted to $8.5M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.3% 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 +57.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year.
Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Tunisia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 1.6 | 1.8 | 4.3 | 4.4 | 40.1% |
Italy | 1.3 | 1.3 | 1.1 | 1.4 | 2.5% |
Algeria | 0.9 | 1.7 | 1.1 | 1.4 | 15.9% |
Libya | 0.5 | 1.2 | 1.0 | 0.5 | 0.0% |
Spain | 0.3 | 0.4 | 0.2 | 0.1 | -30.7% |
Others | 0.8 | 1.0 | 1.6 | 0.7 | -4.4% |
Total | 5.4 | 7.4 | 9.4 | 8.5 | 16.3% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Tunisia in 2022:
- Turkey (3.2K tons)
- Algeria (2.9K tons)
- Italy (1.1K tons)
- Libya (1.1K tons)
This report provides an in-depth analysis of the market for iron and steel wire in Tunisia.
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 Tunisia.
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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