Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in New Zealand - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in New Zealand (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in New Zealand (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in New Zealand
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in New Zealand
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in New Zealand (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 $1,976 per ton, increasing by 23% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. As a result, import price attained 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 Taiwan (Chinese) ($6,178 per ton), while the price for India ($1,548 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+15.4%), 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 New Zealand (FOB) - 2022
The average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $2,940 per ton in 2022, reducing by -59.5% against the previous year. In general, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2014 when the average export price increased by 1,087%. As a result, the export price reached the peak level of $21,357 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($7,064 per ton), while the average price for exports to Singapore ($2,483 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 Tonga (+12.3%), 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 New Zealand
In 2022, the amount of iron or non-alloy steel wire, plated or coated with non-zinc base metalses imported into New Zealand expanded remarkably to 874 tons, with an increase of 6.6% compared with the previous year's figure. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 97%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses skyrocketed to $1.7M in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 95% against the previous year. Over the period under review, imports of reached 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 New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 267 | 222 | 460 | 700 | 37.9% |
Indonesia | 153 | 234 | 574 | 656 | 62.5% |
South Korea | 17.8 | 1.4 | 89.3 | 81.7 | 66.2% |
India | 17.0 | 15.2 | 2.1 | 73.4 | 62.8% |
Vietnam | N/A | N/A | N/A | 39.2 | 0% |
Italy | 29.3 | 12.3 | 48.5 | 34.5 | 5.6% |
Turkey | 33.3 | 28.4 | 25.5 | N/A | -12.5% |
Others | 183 | 162 | 121 | 143 | -7.9% |
Total | 701 | 676 | 1,321 | 1,728 | 35.1% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to New Zealand in 2022:
- Indonesia (380.1 tons)
- China (349.4 tons)
- India (47.4 tons)
- South Korea (35.0 tons)
- Italy (20.5 tons)
- Vietnam (18.8 tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in New Zealand
In 2022, the amount of iron or non-alloy steel wire, plated or coated with non-zinc base metalses exported from New Zealand skyrocketed to 29 tons, rising by 1,904% compared with the previous year's figure. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue 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 $86K in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | N/A | N/A | N/A | 63.4 | 0% |
Australia | 5.7 | 1.8 | 3.2 | 14.3 | 35.9% |
Turkey | N/A | N/A | N/A | 7.0 | 0% |
Fiji | 4.1 | N/A | 7.2 | 1.1 | -35.5% |
Tonga | 14.8 | N/A | N/A | N/A | 0% |
Others | N/A | 0.2 | 0.2 | N/A | 0.0% |
Total | 24.6 | 2.0 | 10.6 | 85.8 | 51.7% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from New Zealand in 2022:
- Singapore (25.5 tons)
- Australia (2.0 tons)
- Turkey (1.3 tons)
- Fiji (0.3 tons)
This report provides an in-depth analysis of the market for iron and steel wire in New Zealand.
This report provides an in-depth analysis of the market for iron and steel wire in New Zealand.
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 New Zealand.
This report provides an in-depth analysis of the market for iron and steel wire in New Zealand.
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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