Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Croatia - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Croatia (CIF) - 2024
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Croatia (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Croatia
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Croatia
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Croatia (CIF) - 2024
The average import price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,428 per ton in January 2024, rising by 18% against the previous month. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In January 2024, the country with the highest price was China ($1,421 per ton), while the price for Albania totaled $998 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+7.3%), 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 Croatia (FOB) - 2022
The average export price for iron or non-alloy steel wire, plated or coated with zincs stood at $2,508 per ton in 2022, with an increase of 17% against the previous year. Over the period under review, the export price posted a prominent increase. The pace of growth appeared the most rapid in 2021 an increase of 18% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Hungary ($2,990 per ton) and Bulgaria ($2,898 per ton), while the average price for exports to Slovenia ($2,268 per ton) and Bosnia and Herzegovina ($2,355 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+19.6%), 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 Croatia
In 2022, after three years of growth, there was significant decline in overseas purchases of iron or non-alloy steel wire, plated or coated with zincs, when their volume decreased by -15.9% to 6.1K tons. Overall, imports saw a pronounced contraction. The pace of growth was the most pronounced in 2021 with an increase of 9.2%. As a result, imports reached the peak of 7.2K tons, and then declined rapidly in the following year.
In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs shrank modestly to $8.5M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 +48.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51%. As a result, imports attained the peak of $8.7M, and then declined slightly in the following year.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,686 | 1,582 | 3,028 | 3,468 | 27.2% |
| Slovakia | 2,228 | 2,036 | 2,436 | 1,752 | -7.7% |
| Albania | N/A | N/A | 449 | 1,225 | 172.8% |
| Turkey | 74.3 | 65.1 | 148 | 489 | 87.4% |
| North Macedonia | 11.0 | 112 | 605 | 461 | 247.4% |
| Germany | 244 | 263 | 527 | 432 | 21.0% |
| Spain | 319 | 372 | 352 | 79.4 | -37.1% |
| Bulgaria | 806 | 839 | 629 | 55.7 | -59.0% |
| Others | 709 | 483 | 526 | 557 | -7.7% |
| Total | 6,076 | 5,754 | 8,701 | 8,517 | 11.9% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to Croatia in 2022:
- Italy (2588.0 tons)
- Slovakia (1117.8 tons)
- Albania (1029.6 tons)
- Turkey (398.9 tons)
- North Macedonia (371.0 tons)
- Germany (172.2 tons)
- Spain (63.9 tons)
- Bulgaria (46.8 tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Croatia
In 2022, approx. 80 tons of iron or non-alloy steel wire, plated or coated with zincs were exported from Croatia; reducing by -48.2% on the previous year's figure. Over the period under review, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 91% against the previous year. As a result, the exports attained the peak of 154 tons, and then shrank notably in the following year.
In value terms, exports of iron or non-alloy steel wire, plated or coated with zincs dropped dramatically to $200K in 2022. Overall, exports, however, saw modest growth. The pace of growth was the most pronounced in 2021 when exports increased by 127% against the previous year. As a result, the exports attained the peak of $330K, and then contracted sharply in the following year.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 62.5 | 39.5 | 52.7 | 52.0 | -5.9% |
| Slovakia | N/A | 1.2 | 7.8 | 44.5 | 509.0% |
| Bosnia and Herzegovina | 24.4 | 8.1 | 41.7 | 40.0 | 17.9% |
| Bulgaria | 18.1 | 12.2 | 112 | 28.3 | 16.1% |
| Hungary | 34.0 | 41.5 | 60.0 | 16.8 | -20.9% |
| Serbia | 13.7 | 15.0 | 18.5 | 13.6 | -0.2% |
| North Macedonia | 21.6 | 26.7 | 2.2 | 1.3 | -60.8% |
| Italy | 0.1 | N/A | 16.8 | N/A | 1196.1% |
| Others | 14.9 | 1.5 | 18.8 | 3.4 | -38.9% |
| Total | 189 | 146 | 330 | 200 | 1.9% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc from Croatia in 2022:
- Slovenia (22.9 tons)
- Slovakia (17.2 tons)
- Bosnia and Herzegovina (17.0 tons)
- Bulgaria (9.8 tons)
- Hungary (5.6 tons)
- Serbia (5.0 tons)
- North Macedonia (0.6 tons)
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