Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Serbia - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Serbia (CIF) - 2024
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Serbia (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Serbia
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Serbia
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Serbia (CIF) - 2024
In January 2024, the average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $1,562 per ton, with an increase of 8% against the previous month. Overall, the import price, however, showed a slight decline. Over the period under review, average import prices reached the peak figure at $1,940 per ton in February 2023; however, from March 2023 to January 2024, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In January 2024, the country with the highest price was the Czech Republic ($1,694 per ton), while the price for China ($1,290 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the Czech Republic (-1.5%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Serbia (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 $1,985 per ton, increasing by 53% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses increased by +97.0% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($5,597 per ton), while the average price for exports to Croatia ($1,396 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 North Macedonia (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Serbia
In 2022, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses into Serbia skyrocketed to 6.2K tons, growing by 22% on the previous year. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.5% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 67%. Imports peaked in 2022 and are likely to see steady 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 $12M in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained 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 Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 1.5 | 3.6 | 5.0 | 8.2 | 76.2% |
| China | 0.2 | 0.4 | 0.3 | 1.6 | 100.0% |
| Italy | 0.2 | 0.4 | 0.5 | 0.6 | 44.2% |
| Russia | N/A | N/A | 0.1 | 0.6 | 500.0% |
| Belarus | 1.7 | 1.5 | 0.9 | 0.5 | -33.5% |
| Czech Republic | N/A | N/A | N/A | 0.4 | 0% |
| Others | 0.2 | 0.2 | 0.2 | 0.4 | 26.0% |
| Total | 3.9 | 6.1 | 7.1 | 12.3 | 46.6% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Serbia in 2022:
- Slovakia (4111.6 tons)
- China (798.7 tons)
- Belarus (363.2 tons)
- Italy (266.5 tons)
- Czech Republic (235.6 tons)
- Russia (223.7 tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Serbia
In 2022, shipments abroad of iron or non-alloy steel wire, plated or coated with non-zinc base metalses decreased by -21% to 36 tons, falling for the second year in a row after two years of growth. In general, exports faced a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 107%. As a result, the exports attained the peak of 112 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses soared to $72K in 2022. Overall, exports, however, saw a remarkable increase. The growth pace was the most rapid in 2020 when exports increased by 139%. As a result, the exports reached the peak of $134K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 29.9 | 0% |
| North Macedonia | 0.3 | 0.5 | 1.7 | 14.2 | 261.7% |
| Slovakia | 5.0 | 64.5 | 0.5 | 13.2 | 38.2% |
| Czech Republic | N/A | N/A | N/A | 9.2 | 0% |
| Germany | N/A | 1.1 | N/A | 3.1 | 67.9% |
| Croatia | 3.3 | N/A | 0.6 | 0.8 | -37.6% |
| Romania | 0.3 | 59.2 | 22.9 | 0.3 | 0.0% |
| Montenegro | 0.6 | 0.7 | 7.7 | 0.2 | -30.7% |
| Poland | N/A | N/A | 21.5 | N/A | 0% |
| Belarus | 0.7 | 5.6 | 3.6 | N/A | 126.8% |
| Turkey | 46.0 | N/A | N/A | N/A | 0% |
| Others | N/A | 2.8 | 1.3 | 1.2 | -34.5% |
| Total | 56.2 | 134 | 59.7 | 72.1 | 8.7% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Serbia in 2022:
- China (17.0 tons)
- Slovakia (8.4 tons)
- Czech Republic (5.1 tons)
- North Macedonia (4.3 tons)
- Croatia (0.6 tons)
- Germany (0.5 tons)
- Romania (0.1 tons)
- Montenegro (0.1 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Serbia.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the market for iron and steel wire in Serbia.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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