Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United States - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United States (CIF) - 2024
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United States (FOB) - 2024
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United States
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United States
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United States (CIF) - 2024
In December 2023, the average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $1,575 per ton, growing by 5.3% against the previous month. In general, the import price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 13% against the previous month. As a result, import price attained the peak level of $1,967 per ton. From July 2023 to December 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,945 per ton), while the price for China ($1,063 per ton) was amongst the lowest.
From March 2023 to December 2023, the most notable rate of growth in terms of prices was attained by South Korea (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United States (FOB) - 2024
The average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $2,446 per ton in December 2023, increasing by 53% against the previous month. Overall, export price indicated a buoyant expansion from March 2023 to December 2023: its price increased at an average monthly rate of +6.8% over the last nine months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses increased by +53.4% against November 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($7,504 per ton), while the average price for exports to Japan ($542 per ton) was amongst the lowest.
From March 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+14.2%), 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 the United States
In 2022, approx. 35K tons of iron or non-alloy steel wire, plated or coated with non-zinc base metalses were imported into the United States; picking up by 1.9% on the previous year's figure. Over the period under review, imports, however, continue to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 14% against the previous year.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses skyrocketed to $64M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.9% 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 +67.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. Over the period under review, imports of reached the peak figure 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.2 | 9.0 | 13.1 | 19.6 | 11.3% |
| South Korea | 13.8 | 10.6 | 12.1 | 17.4 | 8.0% |
| Vietnam | 6.8 | 5.9 | 6.9 | 10.3 | 14.8% |
| India | 1.8 | 1.5 | 3.7 | 3.9 | 29.4% |
| Germany | 3.0 | 3.4 | 2.7 | 2.8 | -2.3% |
| Mexico | 1.1 | 1.0 | 1.3 | 1.7 | 15.6% |
| Thailand | N/A | N/A | 2.9 | 1.7 | -41.4% |
| Italy | 3.2 | 1.2 | 0.9 | 0.6 | -42.8% |
| Belarus | 2.4 | 1.8 | 2.6 | 0.2 | -56.3% |
| Others | 6.5 | 4.2 | 4.5 | 6.2 | -1.6% |
| Total | 52.8 | 38.6 | 50.7 | 64.4 | 6.8% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to the United States in 2022:
- China (13.5K tons)
- South Korea (7.0K tons)
- Vietnam (6.0K tons)
- India (2.8K tons)
- Thailand (1.2K tons)
- Germany (0.9K tons)
- Mexico (0.6K tons)
- Italy (0.3K tons)
- Belarus (0.2K tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United States
In 2022, the amount of iron or non-alloy steel wire, plated or coated with non-zinc base metalses exported from the United States surged to 20K tons, increasing by 41% on 2021. In general, total exports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.5% against 2020 indices. 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 rose sharply to $31M in 2022. Over the period under review, exports, however, saw a perceptible reduction.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 7.3 | 6.7 | 3.4 | 10.5 | 12.9% |
| Mexico | 13.7 | 8.4 | 11.7 | 9.6 | -11.2% |
| United Kingdom | 2.7 | 2.4 | 5.2 | 3.2 | 5.8% |
| Germany | 0.9 | 0.4 | 1.0 | 1.3 | 13.0% |
| Colombia | 0.7 | 0.6 | 1.0 | 1.2 | 19.7% |
| El Salvador | 0.4 | 0.1 | 0.2 | 0.6 | 14.5% |
| Japan | N/A | N/A | 0.2 | 0.6 | 200.0% |
| Poland | N/A | N/A | N/A | 0.4 | 0% |
| Ecuador | 3.5 | 0.6 | 0.8 | 0.1 | -69.4% |
| Others | 6.0 | 6.7 | 3.7 | 3.9 | -13.4% |
| Total | 35.2 | 26.0 | 27.2 | 31.2 | -3.9% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from the United States in 2022:
- Canada (8.5K tons)
- Mexico (6.4K tons)
- Colombia (0.8K tons)
- Germany (0.7K tons)
- United Kingdom (0.5K tons)
- Japan (0.5K tons)
- El Salvador (0.4K tons)
- Poland (0.4K tons)
505
This report provides an in-depth analysis of the market for iron and steel wire in the U.S..
380
This report provides an in-depth analysis of the market for iron and steel wire in the U.S..
1993
This report provides an in-depth analysis of the global market for iron and steel wire.
608
This report provides an in-depth analysis of the global market for iron and steel wire.
505
This report provides an in-depth analysis of the market for iron and steel wire in the U.S..
380
This report provides an in-depth analysis of the market for iron and steel wire in the U.S..
1993
This report provides an in-depth analysis of the global market for iron and steel wire.
608
This report provides an in-depth analysis of the global market for iron and steel wire.
871
In value terms, wire of other alloy steel imports stood at $X in 2016. Overall, it indicated a temperate increase from 2007 to 2016: the total imports value increased at an average annual rate of +...
1538
In value terms, barbed wire of iron and steel imports amounted to $X in 2016. In general, barbed wire of iron and steel imports continue to indicate a mild slump. Over the period under review, glob...
1073
In value terms, wires, rods, tubes, plates, electrodes of base metal imports totaled $X in 2016. In general, wires, rods, tubes, plates, electrodes of base metal imports continue to indicate a mild...
1268
In value terms, wire of other alloy steel exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some...
700
In value terms, barbed wire of iron and steel exports totaled $X in 2016. In general, barbed wire of iron and steel exports continue to indicate a relatively flat trend pattern. Over the period und...
964
In value terms, wires, rods, tubes, plates, electrodes of base metal exports amounted to $X in 2016. Overall, wires, rods, tubes, plates, electrodes of base metal exports continue to indicate a sli...
3577
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
786
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
308
Discover the top import markets for iron and steel wire and key statistics on their import values. Learn about the global demand for this essential material.
268
Explore the top countries importing iron and steel wire in 2023 and the factors driving their demand. Get insights into the global market for these essential materials.
