Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Italy - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Italy (FOB) - 2024
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Italy (CIF) - 2022
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Italy
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Italy
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Italy (FOB) - 2024
The average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $1,512 per ton in January 2024, reducing by -3.8% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 8.7% against the previous month. As a result, the export price reached the peak level of $1,813 per ton. From July 2023 to January 2024, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was Switzerland ($2,065 per ton), while the average price for exports to the UK ($1,084 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 France (+0.2%), while the prices for the other major destinations experienced a decline.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Italy (CIF) - 2022
The average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $1,949 per ton in 2022, growing by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 25% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 ($3,707 per ton), while the price for Malaysia ($1,333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.8%), 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 Italy
Exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses from Italy declined markedly to 42K tons in 2022, which is down by -33.6% compared with 2021 figures. In general, exports showed a dramatic downturn. The smallest decline of -13.4% was in 2021.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses fell notably to $77M in 2022. Over the period under review, exports saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 7.8%.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 5.5 | 4.5 | 7.1 | 7.7 | 11.9% |
| Switzerland | 4.0 | 4.5 | 7.2 | 7.4 | 22.8% |
| Germany | 16.8 | 14.8 | 17.6 | 7.0 | -25.3% |
| Egypt | 2.7 | 3.2 | 5.1 | 6.8 | 36.1% |
| France | 9.7 | 7.6 | 6.2 | 6.7 | -11.6% |
| Turkey | 4.0 | 3.9 | 6.7 | 6.6 | 18.2% |
| United Kingdom | 5.4 | 4.4 | 5.6 | 5.2 | -1.3% |
| Romania | 3.5 | 2.6 | 3.7 | 4.2 | 6.3% |
| Czech Republic | 4.5 | 3.3 | 5.0 | 3.3 | -9.8% |
| Spain | 9.2 | 6.9 | 3.2 | 3.1 | -30.4% |
| Finland | 1.9 | 1.1 | 3.1 | 2.4 | 8.1% |
| United States | 3.1 | 1.1 | 1.1 | 2.0 | -13.6% |
| Netherlands | 10.3 | 8.8 | 2.9 | 0.4 | -66.1% |
| Others | 27.1 | 24.8 | 24.2 | 14.0 | -19.8% |
| Total | 108 | 91.6 | 98.7 | 76.8 | -10.7% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Italy in 2022:
- Slovenia (4.2K tons)
- Germany (4.1K tons)
- Turkey (3.9K tons)
- Egypt (3.9K tons)
- United Kingdom (3.9K tons)
- France (3.7K tons)
- Switzerland (3.1K tons)
- Romania (2.3K tons)
- Czech Republic (2.1K tons)
- Spain (1.5K tons)
- Finland (1.2K tons)
- United States (1.0K tons)
- Netherlands (0.2K tons)
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Italy
In 2022, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses into Italy contracted to 34K tons, reducing by -8.1% on the previous year's figure. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 50%. As a result, imports attained the peak of 37K tons, and then contracted in the following year.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses expanded sharply to $66M in 2022. Over the period under review, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 75% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.2 | 8.3 | 14.6 | 23.2 | 20.7% |
| Slovakia | 9.0 | 7.1 | 16.3 | 17.6 | 25.1% |
| Czech Republic | 4.0 | 2.9 | 4.3 | 7.6 | 23.9% |
| Austria | 7.5 | 6.8 | 12.1 | 6.9 | -2.7% |
| Spain | 2.4 | 2.3 | 2.8 | 2.1 | -4.4% |
| Germany | 1.2 | 1.5 | 1.7 | 1.7 | 12.3% |
| France | 2.2 | 0.9 | 1.4 | 1.5 | -12.0% |
| Slovenia | N/A | 1.6 | 1.7 | 1.5 | -3.2% |
| Others | 3.6 | 2.2 | 3.7 | 3.9 | 2.7% |
| Total | 42.9 | 33.5 | 58.6 | 66.0 | 15.4% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Italy in 2022:
- China (12.7K tons)
- Slovakia (8.3K tons)
- Czech Republic (4.3K tons)
- Austria (4.3K tons)
- Spain (1.1K tons)
- France (0.6K tons)
- Slovenia (0.6K tons)
- Germany (0.5K tons)
682
This report provides an in-depth analysis of the market for iron and steel wire in Italy.
531
This report provides an in-depth analysis of the market for iron and steel wire in Italy.
1993
This report provides an in-depth analysis of the global market for iron and steel wire.
608
This report provides an in-depth analysis of the global market for iron and steel wire.
682
This report provides an in-depth analysis of the market for iron and steel wire in Italy.
531
This report provides an in-depth analysis of the market for iron and steel wire in Italy.
1993
This report provides an in-depth analysis of the global market for iron and steel wire.
608
This report provides an in-depth analysis of the global market for iron and steel wire.
871
In value terms, wire of other alloy steel imports stood at $X in 2016. Overall, it indicated a temperate increase from 2007 to 2016: the total imports value increased at an average annual rate of +...
1538
In value terms, barbed wire of iron and steel imports amounted to $X in 2016. In general, barbed wire of iron and steel imports continue to indicate a mild slump. Over the period under review, glob...
1073
In value terms, wires, rods, tubes, plates, electrodes of base metal imports totaled $X in 2016. In general, wires, rods, tubes, plates, electrodes of base metal imports continue to indicate a mild...
1268
In value terms, wire of other alloy steel exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some...
700
In value terms, barbed wire of iron and steel exports totaled $X in 2016. In general, barbed wire of iron and steel exports continue to indicate a relatively flat trend pattern. Over the period und...
964
In value terms, wires, rods, tubes, plates, electrodes of base metal exports amounted to $X in 2016. Overall, wires, rods, tubes, plates, electrodes of base metal exports continue to indicate a sli...
3577
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
786
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
308
Discover the top import markets for iron and steel wire and key statistics on their import values. Learn about the global demand for this essential material.
269
Explore the top countries importing iron and steel wire in 2023 and the factors driving their demand. Get insights into the global market for these essential materials.
