Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Czech Republic - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Czech Republic (FOB) - 2024
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Czech Republic (CIF) - 2024
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Czech Republic
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Czech Republic
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Czech Republic (FOB) - 2024
The average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $1,539 per ton in January 2024, declining by -2.2% against the previous month. In general, the export price continues to indicate a mild contraction. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 3.7% against the previous month. Over the period under review, the average export prices reached the maximum at $1,802 per ton in January 2023; however, from February 2023 to January 2024, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In January 2024, the highest price was recorded for prices to Italy ($1,754 per ton) and Romania ($1,617 per ton), while the average price for exports to Poland ($1,451 per ton) and Slovakia ($1,454 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-0.4%), 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 the Czech Republic (CIF) - 2024
The average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $1,316 per ton in January 2024, which is down by -1.8% against the previous month. In general, the import price showed a mild decline. The most prominent rate of growth was recorded in June 2023 an increase of 8% m-o-m. The import price peaked at $1,626 per ton in March 2023; however, from April 2023 to January 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($2,150 per ton), while the price for Thailand ($1,141 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Poland (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Czech Republic
Exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses from the Czech Republic rose modestly to 66K tons in 2022, increasing by 2.7% on the previous year's figure. Over the period under review, exports enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 85%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses soared to $117M in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 125% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.9 | 5.0 | 7.7 | 18.5 | 85.5% |
| Poland | 8.9 | 8.3 | 12.9 | 16.7 | 23.3% |
| Slovakia | 9.3 | 8.0 | 11.4 | 15.6 | 18.8% |
| Romania | 6.4 | 3.8 | 7.0 | 13.1 | 27.0% |
| Luxembourg | N/A | N/A | 19.6 | 12.1 | -38.3% |
| Hungary | 0.2 | 0.3 | 8.3 | 9.1 | 257.0% |
| Italy | 3.1 | 2.7 | 4.7 | 7.3 | 33.0% |
| France | 3.0 | 3.4 | 6.4 | 6.0 | 26.0% |
| Turkey | 0.1 | 0.1 | 1.3 | 3.5 | 227.1% |
| Others | 8.9 | 9.1 | 12.0 | 14.7 | 18.2% |
| Total | 42.9 | 40.6 | 91.5 | 117 | 39.7% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from the Czech Republic in 2022:
- Poland (10.6K tons)
- Germany (10.1K tons)
- Slovakia (8.9K tons)
- Romania (7.2K tons)
- Luxembourg (6.8K tons)
- Hungary (4.9K tons)
- Italy (4.1K tons)
- France (3.0K tons)
- Turkey (1.9K tons)
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Czech Republic
After two years of decline, purchases abroad of iron or non-alloy steel wire, plated or coated with non-zinc base metalses increased by 6.3% to 37K tons in 2022. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses surged to $68M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.1% 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 +61.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 30%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.9 | 13.3 | 23.0 | 32.4 | 21.9% |
| Slovakia | 8.6 | 5.9 | 6.5 | 7.7 | -3.6% |
| Belgium | N/A | 3.0 | 4.1 | 6.9 | 51.7% |
| Italy | 4.1 | 2.4 | 3.2 | 4.5 | 3.2% |
| Belarus | 3.1 | 3.0 | 4.8 | 2.6 | -5.7% |
| Luxembourg | 5.1 | 1.9 | 2.1 | 2.6 | -20.1% |
| Austria | 0.1 | 0.6 | 2.7 | 1.7 | 157.1% |
| Thailand | 1.8 | 3.2 | 0.4 | 1.4 | -8.0% |
| Others | 3.8 | 8.6 | 7.5 | 7.8 | 27.1% |
| Total | 44.4 | 41.8 | 54.2 | 67.6 | 15.0% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to the Czech Republic in 2022:
- China (17.6K tons)
- Belgium (4.2K tons)
- Slovakia (4.0K tons)
- Italy (2.6K tons)
- Belarus (1.9K tons)
- Luxembourg (1.1K tons)
- Austria (1.0K tons)
- Thailand (0.8K tons)
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