Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Belgium - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Belgium (CIF) - 2024
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Belgium (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Belgium
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Belgium
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Belgium (CIF) - 2024
The average import price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,103 per ton in January 2024, shrinking by -14.5% against the previous month. Overall, the import price showed a slight descent. The growth pace was the most rapid in May 2023 when the average import price increased by 23% against the previous month. As a result, import price reached the peak level of $1,651 per ton. From June 2023 to January 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was China ($3,389 per ton), while the price for the United States ($576 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 Germany (+4.4%), 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 Zinc in Belgium (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, plated or coated with zincs amounted to $1,570 per ton, with an increase of 2.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2017 when the average export price increased by 29% against the previous year. The export price peaked at $1,922 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($2,749 per ton), while the average price for exports to Iraq ($463 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 Germany (+5.2%), 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 Zinc in Belgium
In 2022, the amount of iron or non-alloy steel wire, plated or coated with zincs imported into Belgium contracted to 22K tons, reducing by -11.5% against 2021. In general, imports showed a abrupt contraction.
In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs expanded modestly to $30M in 2022. Over the period under review, imports continue to indicate a perceptible decline. The growth pace was the most rapid in 2021 when imports increased by 12%.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 6.8 | 5.5 | 5.4 | 8.0 | 5.6% |
| Slovakia | 6.0 | 1.9 | 2.5 | 5.4 | -3.5% |
| Italy | 4.1 | 4.6 | 4.6 | 2.9 | -10.9% |
| China | 0.7 | 1.3 | 1.7 | 2.8 | 58.7% |
| France | 2.5 | 1.4 | 1.6 | 1.9 | -8.7% |
| Turkey | 6.2 | 4.3 | 3.8 | 1.6 | -36.3% |
| Germany | 1.2 | 1.1 | 1.6 | 1.6 | 10.1% |
| Bulgaria | 1.0 | 2.4 | 3.1 | 1.3 | 9.1% |
| South Africa | 2.8 | 0.6 | 0.9 | 0.7 | -37.0% |
| Others | 3.9 | 3.7 | 4.7 | 4.3 | 3.3% |
| Total | 35.2 | 26.8 | 29.9 | 30.5 | -4.7% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to Belgium in 2022:
- Netherlands (6.7K tons)
- Slovakia (3.1K tons)
- Italy (2.2K tons)
- Turkey (1.4K tons)
- China (1.3K tons)
- France (1.2K tons)
- Germany (1.2K tons)
- Bulgaria (1.0K tons)
- South Africa (0.7K tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Belgium
After three years of growth, overseas shipments of iron or non-alloy steel wire, plated or coated with zincs decreased by -27.7% to 16K tons in 2022. In general, total exports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +2.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. As a result, the exports attained the peak of 22K tons, and then declined sharply in the following year.
In value terms, exports of iron or non-alloy steel wire, plated or coated with zincs shrank significantly to $25M in 2022. Overall, exports continue to indicate a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of 27%. As a result, the exports reached the peak of $34M, and then declined rapidly in the following year.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.7 | 5.0 | 5.5 | 6.1 | 2.3% |
| Italy | 3.6 | 2.9 | 4.4 | 3.7 | 0.9% |
| France | 5.8 | 8.6 | 9.2 | 3.6 | -14.7% |
| Spain | 1.0 | 0.4 | 1.1 | 2.3 | 32.0% |
| Poland | 1.9 | 1.6 | 2.4 | 1.5 | -7.6% |
| Netherlands | 0.2 | 0.6 | 0.9 | 0.8 | 58.7% |
| Egypt | 0.9 | 0.6 | 1.6 | 0.8 | -3.9% |
| Syrian Arab Republic | 0.5 | 0.5 | 0.4 | 0.5 | 0.0% |
| Turkey | 0.1 | 0.2 | 0.5 | 0.4 | 58.7% |
| South Africa | 0.5 | 0.2 | 0.5 | 0.4 | -7.2% |
| Georgia | 0.2 | 0.1 | 0.4 | 0.4 | 26.0% |
| Iraq | N/A | 0.2 | 0.4 | 0.4 | 41.4% |
| Taiwan (Chinese) | 0.2 | N/A | 0.1 | 0.3 | 14.5% |
| Others | 7.2 | 5.8 | 6.7 | 4.1 | -17.1% |
| Total | 27.8 | 26.8 | 34.0 | 25.1 | -3.3% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc from Belgium in 2022:
- Germany (3.4K tons)
- Italy (1.9K tons)
- France (1.9K tons)
- Egypt (1.1K tons)
- Poland (1.1K tons)
- Netherlands (0.8K tons)
- Iraq (0.8K tons)
- Spain (0.8K tons)
- Syrian Arab Republic (0.6K tons)
- Georgia (0.6K tons)
- Turkey (0.4K tons)
- Taiwan (Chinese) (0.4K tons)
- South Africa (0.3K tons)
543
This report provides an in-depth analysis of the market for iron and steel wire in Belgium.
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This report provides an in-depth analysis of the market for iron and steel wire in Belgium.
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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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This report provides an in-depth analysis of the market for iron and steel wire in Belgium.
468
This report provides an in-depth analysis of the market for iron and steel wire in Belgium.
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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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