Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Germany - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Germany (CIF) - 2024
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Germany (FOB) - 2024
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Germany
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Germany
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Germany (CIF) - 2024
In January 2024, the average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $1,868 per ton, growing by 3.6% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 8.8% m-o-m. The import price peaked at $2,151 per ton in May 2023; however, from June 2023 to January 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($15,548 per ton), while the price for Turkey ($1,579 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+0.7%), 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 Germany (FOB) - 2024
The average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $2,540 per ton in January 2024, picking up by 24% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was China ($6,168 per ton), while the average price for exports to Brazil ($935 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 Belgium (+10.1%), 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 Germany
Imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses into Germany contracted to 43K tons in 2022, declining by -8.7% against the previous year's figure. Overall, imports recorded a noticeable decline. The growth pace was the most rapid in 2021 with an increase of 4.1%.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses rose rapidly to $86M in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 15.1 | 14.8 | 16.0 | 18.4 | 6.8% |
| Luxembourg | 1.4 | 9.5 | 11.6 | 15.8 | 124.3% |
| Slovakia | 1.0 | 5.2 | 8.0 | 9.0 | 108.0% |
| Czech Republic | 5.8 | 4.0 | 7.0 | 8.8 | 14.9% |
| Romania | 5.6 | 0.1 | 4.4 | 5.3 | -1.8% |
| Vietnam | 0.2 | 1.1 | 0.1 | 5.2 | 196.2% |
| Spain | 3.6 | 4.1 | 2.8 | 4.9 | 10.8% |
| Netherlands | 4.0 | 6.7 | 3.5 | 2.9 | -10.2% |
| Poland | 1.5 | 1.6 | 2.3 | 2.2 | 13.6% |
| France | 6.9 | 1.7 | 2.5 | 1.7 | -37.3% |
| Belgium | 6.6 | 4.0 | 4.4 | 1.6 | -37.6% |
| Belarus | 2.1 | 3.0 | 6.1 | 1.3 | -14.8% |
| United Kingdom | 4.7 | 1.4 | 0.7 | N/A | -61.4% |
| Others | 10.4 | 5.5 | 8.8 | 9.2 | -4.0% |
| Total | 68.9 | 62.6 | 78.3 | 86.4 | 7.8% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Germany in 2022:
- Italy (9.1K tons)
- Luxembourg (9.0K tons)
- Slovakia (4.9K tons)
- Czech Republic (4.8K tons)
- Vietnam (2.3K tons)
- Romania (2.1K tons)
- Netherlands (1.9K tons)
- Spain (1.9K tons)
- Belgium (1.4K tons)
- Poland (1.3K tons)
- France (0.9K tons)
- Belarus (0.7K tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Germany
In 2022, overseas shipments of iron or non-alloy steel wire, plated or coated with non-zinc base metalses were finally on the rise to reach 17K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt decrease.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses skyrocketed to $41M in 2022. In general, exports, however, recorded a perceptible contraction.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1.6 | 1.6 | 1.4 | 5.4 | 50.0% |
| China | 7.0 | 5.0 | 5.3 | 4.1 | -16.3% |
| Spain | 1.3 | 1.2 | 2.1 | 4.1 | 46.6% |
| United States | 3.0 | 3.3 | 3.0 | 4.0 | 10.1% |
| Sweden | 1.6 | 1.2 | 2.1 | 2.1 | 9.5% |
| Czech Republic | 2.1 | 0.9 | 1.5 | 1.7 | -6.8% |
| Italy | 1.1 | 1.2 | 2.2 | 1.6 | 13.3% |
| France | 2.3 | 3.5 | 1.7 | 1.6 | -11.4% |
| South Korea | 1.1 | 1.0 | 0.7 | 1.5 | 10.9% |
| Denmark | 1.4 | 1.2 | 1.4 | 1.4 | 0.0% |
| Netherlands | 4.6 | 1.7 | 1.9 | 1.2 | -36.1% |
| Slovakia | 1.8 | 0.6 | 0.9 | 1.2 | -12.6% |
| Poland | 1.5 | 0.5 | 0.8 | 1.0 | -12.6% |
| Others | 13.2 | 8.0 | 8.5 | 10.1 | -8.5% |
| Total | 43.6 | 30.9 | 33.4 | 40.9 | -2.1% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Germany in 2022:
- Spain (2.1K tons)
- Mexico (1.8K tons)
- Sweden (1.4K tons)
- Czech Republic (1.1K tons)
- Denmark (1.0K tons)
- France (0.8K tons)
- United States (0.8K tons)
- Slovakia (0.8K tons)
- China (0.7K tons)
- South Korea (0.7K tons)
- Netherlands (0.6K tons)
- Italy (0.6K tons)
- Poland (0.5K tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Germany.
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This report provides an in-depth analysis of the market for iron and steel wire in Germany.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the market for iron and steel wire in Germany.
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This report provides an in-depth analysis of the market for iron and steel wire in Germany.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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