Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Australia - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Australia (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Australia (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Australia
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Australia
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Australia (CIF) - 2022
The average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $1,972 per ton in 2022, increasing by 31% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.9% 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, plated or coated with non-zinc base metalses increased by +43.4% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 79%. As a result, import price reached the peak level of $1,973 per ton; afterwards, it flattened through to 2022.
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 the Czech Republic ($2,467 per ton), while the price for Thailand ($1,117 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Australia (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $2,553 per ton, declining by -49.5% against the previous year. In general, the export price continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2020 an increase of 662% against the previous year. The export price peaked at $38,561 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($7,065 per ton), while the average price for exports to New Zealand amounted to $2,447 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+20.8%), while the prices for the other major destinations experienced a decline.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Australia
In 2022, overseas purchases of iron or non-alloy steel wire, plated or coated with non-zinc base metalses decreased by -53.6% to 928 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 42%.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses declined notably to $1.8M in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 80% against the previous year. As a result, imports attained the peak of $3.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,215 | 2,484 | 1,087 | 1,091 | -3.5% |
| Qatar | N/A | N/A | 756 | 308 | -59.3% |
| France | 1.7 | 26.6 | 81.1 | 160 | 354.9% |
| Czech Republic | 217 | 68.0 | 299 | 76.8 | -29.3% |
| Indonesia | 48.9 | 259 | 88.6 | 60.1 | 7.1% |
| Italy | 159 | 75.5 | 89.0 | 34.5 | -39.9% |
| Malaysia | N/A | N/A | 57.4 | 29.1 | -49.3% |
| Thailand | 67.5 | 319 | 445 | 3.9 | -61.3% |
| Others | 125 | 62.7 | 108 | 67.7 | -18.5% |
| Total | 1,834 | 3,295 | 3,011 | 1,830 | -0.1% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Australia in 2022:
- China (488.4 tons)
- Qatar (249.1 tons)
- France (67.1 tons)
- Indonesia (37.3 tons)
- Czech Republic (31.1 tons)
- Malaysia (15.2 tons)
- Italy (13.9 tons)
- Thailand (3.5 tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Australia
In 2022, shipments abroad of iron or non-alloy steel wire, plated or coated with non-zinc base metalses was finally on the rise to reach 35 tons after two years of decline. In general, exports, however, saw a precipitous setback.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses surged to $89K in 2022. Over the period under review, exports, however, continue to indicate a abrupt shrinkage.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 108 | 13.8 | 14.5 | 83.5 | -8.2% |
| Fiji | 0.5 | N/A | N/A | 5.7 | 125.1% |
| Vietnam | 1.5 | N/A | N/A | N/A | 0% |
| Others | 8.9 | 17.4 | 4.0 | N/A | -33.0% |
| Total | 119 | 31.3 | 18.5 | 89.2 | -9.2% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Australia in 2022:
- New Zealand (34.1 tons)
- Fiji (0.8 tons)
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