Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Slovenia - 2024

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Slovenia (CIF) - 2023
  2. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Slovenia (FOB) - 2022
  3. Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Slovenia
  4. Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Slovenia

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Slovenia (CIF) - 2023

The average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $1,486 per ton in December 2023, shrinking by -29.1% against the previous month. Over the period under review, the import price recorded a noticeable descent. The pace of growth was the most pronounced in November 2023 an increase of 43% against the previous month. Over the period under review, average import prices attained the peak figure at $2,464 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Croatia ($1,853 per ton), while the price for Belgium ($1,230 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (-0.1%), 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 Slovenia (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 $1,801 per ton, rising by 10% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 112% against the previous year. As a result, the export price reached the peak level of $2,659 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($2,035 per ton), while the average price for exports to the Czech Republic ($1,355 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 Netherlands (+2.4%), 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 Slovenia

Imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses into Slovenia dropped modestly to 7.3K tons in 2022, with a decrease of -1.8% compared with 2021 figures. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 13%. As a result, imports reached the peak of 7.5K tons, and then contracted modestly in the following year.

In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses soared to $15M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.9% 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 +76.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. Imports peaked 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 Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7.15.18.89.911.7%
China0.31.81.31.985.0%
Belgium0.21.00.91.6100.0%
Netherlands0.50.50.60.711.9%
Others0.20.30.30.535.7%
Total8.28.811.914.621.2%

Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Slovenia in 2022:

  1. Italy (5.5K tons)
  2. Belgium (1.0K tons)
  3. Netherlands (0.4K tons)
  4. China (0.2K tons)

Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Slovenia

In 2022, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses from Slovenia amounted to 159 tons, growing by 9.7% on 2021 figures. Over the period under review, exports, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2020 when exports increased by 109%. As a result, the exports reached the peak of 368 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses surged to $285K in 2022. In general, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 103% against the previous year. As a result, the exports reached the peak of $459K. 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 Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina17.97.524.613596.1%
Italy11114676.751.2-22.7%
Serbia22.893.944.531.511.4%
Croatia30.962.933.620.6-12.6%
North Macedonia29.728.834.017.7-15.8%
Czech RepublicN/A3.11.814.8118.5%
Netherlands1.81074.63.828.3%
Others11.89.716.511.1-2.0%
Total2264592362858.0%

Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Slovenia in 2022:

  1. Bosnia and Herzegovina (66.2 tons)
  2. Italy (34.3 tons)
  3. Serbia (16.9 tons)
  4. Croatia (13.2 tons)
  5. North Macedonia (11.3 tons)
  6. Czech Republic (10.9 tons)
  7. Netherlands (2.4 tons)

Source: IndexBox Market Intelligence Platform

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