Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Egypt - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Egypt (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Egypt (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Egypt
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Egypt
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Egypt (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 $1,859 per ton, rising by 26% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 2,364% against the previous year. As a result, import price attained the peak level of $4,213 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($1,859 per ton) and China ($1,859 per ton), while the price for Malaysia ($1,859 per ton) and Italy ($1,859 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+26.3%), 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 Egypt (FOB) - 2022
The average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $1,728 per ton in 2022, growing by 21% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 103%. Over the period under review, the average export prices attained the peak figure at $1,753 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($1,728 per ton), while the average price for exports to South Africa stood at $1,728 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+37.1%), 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 Egypt
In 2022, the amount of iron or non-alloy steel wire, plated or coated with non-zinc base metalses imported into Egypt surged to 3.6K tons, growing by 37% on the previous year. In general, imports saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 91% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses soared to $6.7M in 2022. Over the period under review, imports recorded a measured increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,256 | 1,152 | 1,298 | 3,981 | 20.8% |
| China | 2,790 | 969 | 876 | 1,085 | -27.0% |
| Turkey | 256 | 531 | 815 | 660 | 37.1% |
| Saudi Arabia | 14.1 | N/A | N/A | 352 | 192.3% |
| Malaysia | 20.5 | 106 | 90.8 | 221 | 120.9% |
| Vietnam | N/A | N/A | 241 | 128 | -46.9% |
| South Korea | 53.5 | 73.5 | 112 | 37.8 | -10.9% |
| Others | 659 | 590 | 435 | 214 | -31.3% |
| Total | 6,050 | 3,422 | 3,868 | 6,678 | 3.3% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Egypt in 2022:
- Italy (2141.5 tons)
- China (583.5 tons)
- Turkey (355.2 tons)
- Saudi Arabia (189.2 tons)
- Malaysia (118.7 tons)
- Vietnam (69.1 tons)
- South Korea (20.3 tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Egypt
In 2022, approx. 24 tons of iron or non-alloy steel wire, plated or coated with non-zinc base metalses were exported from Egypt; falling by -95% against the year before. In general, exports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 296% against the previous year. As a result, the exports attained the peak of 487 tons, and then dropped rapidly in the following year.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses dropped dramatically to $42K in 2022. Over the period under review, exports saw a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 335%. As a result, the exports attained the peak of $697K, and then dropped remarkably in the following year.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | N/A | N/A | N/A | 33.8 | 0% |
| South Africa | N/A | N/A | N/A | 8.5 | 0% |
| Cyprus | 27.7 | N/A | N/A | N/A | 0% |
| Kenya | N/A | 54.0 | 100 | N/A | 85.2% |
| Jordan | 38.4 | N/A | 42.8 | N/A | 5.6% |
| Sudan | N/A | N/A | 459 | N/A | 0% |
| Estonia | N/A | 39.8 | N/A | N/A | 0% |
| Libya | 80.2 | 47.1 | N/A | N/A | -41.3% |
| Saudi Arabia | N/A | N/A | 62.0 | N/A | 0% |
| Others | N/A | 19.5 | 33.2 | N/A | 70.3% |
| Total | 146 | 160 | 697 | 42.3 | -33.8% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Egypt in 2022:
- Oman (19.5 tons)
- South Africa (4.9 tons)
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