Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hong Kong SAR - 2023
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hong Kong SAR (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hong Kong SAR (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hong Kong SAR
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hong Kong SAR
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hong Kong SAR (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 $8,628 per ton, jumping by 53% against the previous year. Over the period under review, the import price showed noticeable growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Germany ($14,273 per ton), while the price for Sweden ($5,846 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.5%), 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 Hong Kong SAR (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $10,719 per ton, which is down by -33.2% against the previous year. Over the period under review, the export price, however, recorded a tangible increase. The pace of growth was the most pronounced in 2014 an increase of 460% against the previous year. Over the period under review, the average export prices attained the peak figure at $16,037 per ton in 2021, and then shrank notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($10,839 per ton), while the average price for exports to Vietnam totaled $6,484 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+40.5%).
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hong Kong SAR
In 2022, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses into Hong Kong SAR shrank dramatically to 81 tons, which is down by -52.2% against 2021. In general, imports saw a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses dropped dramatically to $700K in 2022. Overall, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 52%.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 180 | 165 | 259 | 335 | 23.0% |
| South Korea | 469 | 107 | 242 | 114 | -37.6% |
| Japan | 162 | 73.0 | 99.2 | 96.1 | -16.0% |
| Taiwan (Chinese) | 190 | 84.5 | 101 | 86.0 | -23.2% |
| Germany | 59.4 | 198 | 252 | 61.1 | 0.9% |
| Sweden | N/A | N/A | N/A | 7.4 | 0% |
| Others | 0.1 | N/A | 2.9 | N/A | 438.5% |
| Total | 1,061 | 628 | 957 | 700 | -12.9% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Hong Kong SAR in 2022:
- China (38.4 tons)
- South Korea (17.3 tons)
- Japan (10.5 tons)
- Taiwan (Chinese) (9.4 tons)
- Germany (4.3 tons)
- Sweden (1.3 tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hong Kong SAR
In 2022, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses from Hong Kong SAR dropped significantly to 46 tons, with a decrease of -58.4% against 2021. In general, exports continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 3%.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses reduced dramatically to $490K in 2022. Over the period under review, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 135%. As a result, the exports attained the peak of $1.8M, and then contracted significantly in the following year.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 765 | 686 | 1,736 | 459 | -15.7% |
| Vietnam | N/A | N/A | 4.1 | 10.5 | 156.1% |
| Turkey | 20.6 | 22.6 | 11.8 | 6.4 | -32.3% |
| Others | 26.7 | 40.9 | 9.8 | 14.2 | -19.0% |
| Total | 812 | 750 | 1,761 | 490 | -15.5% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Hong Kong SAR in 2022:
- China (42.4 tons)
- Vietnam (1.6 tons)
- Turkey (0.6 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Hong Kong SAR, China.
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This report provides an in-depth analysis of the market for iron and steel wire in Hong Kong SAR, China.
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This report provides an in-depth analysis of the market for iron and steel wire in Hong Kong SAR, China.
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This report provides an in-depth analysis of the market for iron and steel wire in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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