Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Brazil - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Brazil (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Brazil (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Brazil
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Brazil
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Brazil (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $1,991 per ton, surging by 9.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 an increase of 33% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($2,833 per ton), while the price for Japan ($1,576 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.8%), 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 Brazil (FOB) - 2022
The average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $2,116 per ton in 2022, picking up by 11% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 15%. Over the period under review, the average export prices attained the maximum at $2,277 per ton in 2014; however, from 2015 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 the United States ($6,505 per ton), while the average price for exports to Belgium ($850 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 Chile (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Brazil
Imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses into Brazil declined to 13K tons in 2022, shrinking by -9.7% on the year before. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of 15K tons, and then fell in the following year.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses contracted modestly to $27M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.1% 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 +56.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 58% against the previous year. As a result, imports attained the peak of $27M, and then contracted in the following year.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.8 | 11.9 | 21.5 | 18.7 | 16.6% |
| South Korea | 3.5 | 3.5 | 3.9 | 4.4 | 7.9% |
| Japan | N/A | N/A | N/A | 1.8 | 0% |
| Czech Republic | 0.1 | 0.4 | 0.2 | 0.7 | 91.3% |
| Germany | 0.4 | 0.2 | 0.4 | 0.4 | 0.0% |
| Others | 1.8 | 1.2 | 1.2 | 0.8 | -23.7% |
| Total | 17.6 | 17.2 | 27.3 | 26.9 | 15.2% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Brazil in 2022:
- China (9.9K tons)
- South Korea (1.6K tons)
- Japan (1.2K tons)
- Czech Republic (0.4K tons)
- Germany (0.2K tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Brazil
In 2022, the amount of iron or non-alloy steel wire, plated or coated with non-zinc base metalses exported from Brazil dropped to 2.1K tons, waning by -14.1% compared with 2021. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses reduced to $4.5M in 2022. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 79%.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 3,008 | 1,432 | 2,744 | 2,377 | -7.5% |
| Colombia | 24.4 | 299 | 686 | 1,033 | 248.5% |
| Greece | 27.5 | 95.3 | N/A | 299 | 121.5% |
| Belgium | N/A | N/A | N/A | 277 | 0% |
| Ecuador | N/A | 197 | 603 | 112 | -24.6% |
| Venezuela | 66.5 | 109 | 71.4 | 110 | 18.3% |
| Egypt | 403 | 27.1 | N/A | N/A | -93.3% |
| Turkey | 1,209 | N/A | N/A | N/A | 0% |
| Others | 616 | 439 | 556 | 254 | -25.6% |
| Total | 5,355 | 2,597 | 4,661 | 4,462 | -5.9% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Brazil in 2022:
- Argentina (1041.6 tons)
- Colombia (589.6 tons)
- Belgium (325.8 tons)
- Greece (48.1 tons)
- Venezuela (28.1 tons)
- Ecuador (16.2 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Brazil.
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This report provides an in-depth analysis of the market for iron and steel wire in Brazil.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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