Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hungary - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hungary (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hungary (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hungary
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hungary
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hungary (CIF) - 2022
The average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $1,977 per ton in 2022, increasing by 24% against the previous year. Overall, the import price recorded a relatively flat trend pattern. 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 ($5,319 per ton), while the price for Italy ($1,647 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 (+10.9%), 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 Hungary (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 $725 per ton, dropping by -22.4% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 546%. As a result, the export price reached the peak level of $10,677 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($1,448 per ton), while the average price for exports to the Czech Republic stood at $698 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-0.2%), while the prices for the other major destinations experienced a decline.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hungary
In 2022, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses into Hungary rose modestly to 9.8K tons, surging by 2.8% on 2021. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 8.8%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses skyrocketed to $19M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 31% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovakia | 4.0 | 4.1 | 7.2 | 10.2 | 36.6% |
Vietnam | 3.6 | 3.3 | 3.9 | 5.7 | 16.6% |
Austria | 0.1 | 0.4 | 0.4 | 0.7 | 91.3% |
Czech Republic | 1.0 | 0.3 | 0.9 | 0.5 | -20.6% |
Italy | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
Belarus | 0.3 | 0.4 | 0.3 | 0.3 | 0.0% |
South Korea | 0.4 | 0.8 | 0.8 | 0.2 | -20.6% |
Luxembourg | 0.7 | 0.6 | N/A | 0.1 | -47.7% |
Others | 1.5 | 1.8 | 1.5 | 1.4 | -2.3% |
Total | 11.7 | 11.6 | 15.2 | 19.4 | 18.4% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Hungary in 2022:
- Slovakia (5.3K tons)
- Vietnam (3.0K tons)
- Austria (0.4K tons)
- Italy (0.2K tons)
- Czech Republic (0.2K tons)
- Belarus (0.1K tons)
- South Korea (0.1K tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hungary
For the fourth consecutive year, Hungary recorded growth in shipments abroad of iron or non-alloy steel wire, plated or coated with non-zinc base metalses, which increased by 72% to 1.5K tons in 2022. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 2,266% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses skyrocketed to $1.1M in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,532%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | N/A | N/A | 736 | 1,013 | 37.6% |
North Macedonia | N/A | 10.8 | 29.6 | 28.8 | 63.3% |
Romania | 3.0 | 16.3 | 26.5 | 17.4 | 79.7% |
Others | 32.9 | 22.4 | 16.7 | 19.4 | -16.1% |
Total | 35.9 | 49.6 | 809 | 1,078 | 210.8% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Hungary in 2022:
- Czech Republic (1450.4 tons)
- North Macedonia (15.3 tons)
- Romania (12.0 tons)
This report provides an in-depth analysis of the market for iron and steel wire in Hungary.
This report provides an in-depth analysis of the market for iron and steel wire in Hungary.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the market for iron and steel wire in Hungary.
This report provides an in-depth analysis of the market for iron and steel wire in Hungary.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the global market for iron and steel wire.
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