Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Luxembourg - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Luxembourg (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Luxembourg (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Luxembourg
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Luxembourg
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Luxembourg (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 $1,635 per ton, jumping by 28% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 +71.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 34%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady 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 the Netherlands ($2,114 per ton), while the price for Germany ($1,229 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 (+5.4%), 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 Luxembourg (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 $1,952 per ton, declining by -53.3% against the previous year. In general, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 207%. Over the period under review, the average export prices reached the peak figure at $4,615 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3,648 per ton), while the average price for exports to France ($1,552 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+24.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Luxembourg
In 2022, approx. 7.6K tons of iron or non-alloy steel wire, plated or coated with non-zinc base metalses were imported into Luxembourg; increasing by 30% compared with the previous year. Over the period under review, imports, however, continue to indicate a drastic downturn.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses soared to $12M in 2022. Overall, imports saw a tangible expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 3.2 | 2.8 | 4.0 | 7.0 | 29.8% |
| Italy | 2.4 | 0.8 | 1.5 | 2.9 | 6.5% |
| Czech Republic | 1.2 | 1.1 | 1.5 | 1.5 | 7.7% |
| France | 0.1 | N/A | 0.2 | 0.7 | 91.3% |
| Belgium | 3.8 | 0.2 | N/A | 0.1 | -70.3% |
| Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Total | 10.8 | 4.9 | 7.5 | 12.4 | 4.7% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Luxembourg in 2022:
- Slovakia (4.4K tons)
- Italy (1.7K tons)
- Czech Republic (0.9K tons)
- France (0.4K tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Luxembourg
Exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses from Luxembourg surged to 48 tons in 2022, picking up by 1,823% compared with the year before. Overall, exports continue to indicate a significant increase.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses skyrocketed to $94K in 2022. Over the period under review, exports showed a significant increase.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kosovo | N/A | N/A | N/A | 84.1 | 0% |
| France | 2.5 | 3.6 | 1.0 | 4.4 | 20.7% |
| Poland | 16.5 | 33.5 | 3.0 | 3.6 | -39.8% |
| Belgium | 26.5 | 15.7 | 6.4 | 1.3 | -63.4% |
| Germany | N/A | 50.6 | N/A | 0.3 | -92.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 45.4 | 103 | 10.4 | 93.6 | 27.3% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Luxembourg in 2022:
- Kosovo (43.5 tons)
- France (2.9 tons)
- Poland (1.4 tons)
- Belgium (0.2 tons)
- Germany (0.1 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Luxembourg.
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