Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Ethiopia - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Ethiopia (CIF) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Ethiopia
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Ethiopia (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 $1,545 per ton, picking up by 22% against the previous year. Overall, the import price continues to indicate a measured increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 80%. The import price peaked at $1,776 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 China ($2,024 per ton), while the price for Turkey ($1,032 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Ethiopia
After two years of decline, supplies from abroad of iron or non-alloy steel wire, plated or coated with non-zinc base metalses increased by 83% to 418 tons in 2022. Overall, imports, however, faced a sharp setback.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses soared to $645K in 2022. In general, imports, however, saw a dramatic slump.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 590 | 177 | 32.1 | 323 | -18.2% |
| Italy | 198 | 68.1 | 76.8 | 155 | -7.8% |
| Turkey | 282 | 450 | 132 | 116 | -25.6% |
| South Africa | 170 | 148 | 48.0 | 48.5 | -34.2% |
| Slovakia | 78.6 | N/A | N/A | N/A | 0% |
| Others | 17.3 | 5.0 | 1.5 | 3.0 | -44.2% |
| Total | 1,336 | 849 | 290 | 645 | -21.6% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Ethiopia in 2022:
- China (159.5 tons)
- Italy (121.4 tons)
- Turkey (112.0 tons)
- South Africa (24.0 tons)
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