Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in France - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in France (FOB) - 2024
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in France (CIF) - 2022
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in France
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in France
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in France (FOB) - 2024
The average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $1,642 per ton in January 2024, leveling off at the previous month. In general, the export price continues to indicate a noticeable setback. The growth pace was the most rapid in September 2023 when the average export price increased by 4.7% month-to-month. The export price peaked at $2,119 per ton in January 2023; however, from February 2023 to January 2024, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was the United States ($3,063 per ton), while the average price for exports to South Africa ($1,660 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in France (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 $2,325 per ton, with an increase of 43% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 +82.2% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($5,128 per ton), while the price for Belgium ($1,928 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in France
In 2022, after three years of growth, there was significant decline in shipments abroad of iron or non-alloy steel wire, plated or coated with non-zinc base metalses, when their volume decreased by -34.9% to 74K tons. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +20.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 60%. As a result, the exports reached the peak of 113K tons, and then declined dramatically in the following year.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses dropped slightly to $92M in 2022. The total export value increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 46%. As a result, the exports reached the peak of $97M, and then fell slightly in the following year.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 57.4 | 51.7 | 79.2 | 77.1 | 10.3% |
| Germany | 7.7 | 1.6 | 3.2 | 1.9 | -37.3% |
| Spain | 3.3 | 2.7 | 2.9 | 1.5 | -23.1% |
| Others | 15.1 | 10.2 | 11.4 | 11.9 | -7.6% |
| Total | 83.4 | 66.2 | 96.7 | 92.3 | 3.4% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from France in 2022:
- Romania (66.6K tons)
- Germany (1.0K tons)
- Spain (0.7K tons)
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in France
In 2022, approx. 7.7K tons of iron or non-alloy steel wire, plated or coated with non-zinc base metalses were imported into France; waning by -25.2% against the year before. Overall, imports faced a abrupt shrinkage. The smallest decline of -8.6% was in 2020.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses expanded remarkably to $18M in 2022. Over the period under review, imports continue to indicate a pronounced curtailment.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.8 | 3.6 | 4.0 | 5.5 | 13.1% |
| Italy | 5.6 | 4.7 | 3.9 | 4.5 | -7.0% |
| Belgium | 0.8 | 2.2 | 4.0 | 2.7 | 50.0% |
| China | 0.8 | 0.6 | 1.1 | 1.7 | 28.6% |
| Germany | 1.1 | 1.0 | 1.2 | 1.4 | 8.4% |
| Netherlands | 0.7 | 0.5 | 0.6 | 0.8 | 4.6% |
| United Kingdom | 2.0 | 1.7 | 0.9 | 0.5 | -37.0% |
| Slovakia | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| South Korea | 1.4 | 0.9 | N/A | N/A | -35.7% |
| Luxembourg | 1.3 | 1.1 | 0.3 | N/A | -52.0% |
| Others | 1.6 | 0.4 | 0.5 | 0.5 | -32.1% |
| Total | 19.3 | 17.1 | 16.8 | 17.9 | -2.5% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to France in 2022:
- Spain (2535.1 tons)
- Italy (2305.4 tons)
- Belgium (1379.8 tons)
- Germany (647.9 tons)
- China (395.8 tons)
- Netherlands (153.5 tons)
- Slovakia (137.1 tons)
- United Kingdom (58.2 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in France.
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