Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Japan - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Japan (CIF) - 2024
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Japan (FOB) - 2024
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Japan
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Japan
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Japan (CIF) - 2024
In November 2023, the average import price for iron or non-alloy steel wire, plated or coated with zincs amounted to $1,123 per ton, reducing by -2.2% against the previous month. Overall, the import price recorded a slight slump. The most prominent rate of growth was recorded in May 2023 an increase of 6.3% month-to-month. The import price peaked at $1,428 per ton in July 2023; however, from August 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Vietnam ($2,123 per ton), while the price for India ($810 per ton) was amongst the lowest.
From February 2023 to November 2023, the most notable rate of growth in terms of prices was attained by South Africa (+0.2%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Japan (FOB) - 2024
The average export price for iron or non-alloy steel wire, plated or coated with zincs stood at $2,896 per ton in November 2023, shrinking by -5.3% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 14% m-o-m. Over the period under review, the average export prices reached the maximum at $3,402 per ton in May 2023; however, from June 2023 to November 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($6,879 per ton), while the average price for exports to Malaysia ($2,335 per ton) was amongst the lowest.
From February 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.9%), 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 Japan
For the third year in a row, Japan recorded decline in supplies from abroad of iron or non-alloy steel wire, plated or coated with zincs, which decreased by -8.4% to 63K tons in 2022. Over the period under review, imports continue to indicate a abrupt downturn. The smallest decline of -5.7% was in 2021.
In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs dropped slightly to $82M in 2022. In general, imports saw a pronounced curtailment. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 42.5 | 37.5 | 44.4 | 36.8 | -4.7% |
| South Korea | 24.4 | 20.6 | 18.0 | 18.3 | -9.1% |
| Taiwan (Chinese) | 5.9 | 5.7 | 8.0 | 8.1 | 11.1% |
| Thailand | 3.8 | 1.6 | 4.5 | 5.4 | 12.4% |
| South Africa | 3.8 | 2.8 | 4.0 | 5.3 | 11.7% |
| Vietnam | 4.1 | 3.3 | 3.0 | 3.1 | -8.9% |
| India | N/A | N/A | 1.4 | 2.1 | 50.0% |
| Others | 4.3 | 4.5 | 2.2 | 2.8 | -13.3% |
| Total | 88.8 | 76.0 | 85.6 | 81.9 | -2.7% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to Japan in 2022:
- China (29.9K tons)
- South Korea (13.1K tons)
- Taiwan (Chinese) (5.7K tons)
- South Africa (4.9K tons)
- Thailand (4.7K tons)
- India (2.0K tons)
- Vietnam (1.3K tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Japan
In 2022, exports of iron or non-alloy steel wire, plated or coated with zincs from Japan shrank slightly to 7.3K tons, waning by -2.7% compared with the previous year. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. As a result, the exports reached the peak of 7.5K tons, and then reduced slightly in the following year.
In value terms, exports of iron or non-alloy steel wire, plated or coated with zincs dropped to $22M in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 21%. As a result, the exports reached the peak of $24M, and then declined in the following year.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 5.5 | 6.4 | 5.0 | 5.9 | 2.4% |
| Netherlands | 1.8 | 2.4 | 2.3 | 3.3 | 22.4% |
| United States | 1.5 | 1.3 | 1.7 | 1.9 | 8.2% |
| Malaysia | 2.0 | 1.7 | 2.3 | 1.6 | -7.2% |
| Vietnam | 1.3 | 1.0 | 2.2 | 1.6 | 7.2% |
| China | 1.8 | 1.4 | 1.6 | 1.3 | -10.3% |
| Poland | 0.2 | 0.4 | 0.6 | 0.9 | 65.1% |
| Mexico | 0.8 | 0.5 | 0.8 | 0.8 | 0.0% |
| Philippines | 1.0 | 0.3 | 0.8 | 0.8 | -7.2% |
| Thailand | 1.1 | 0.9 | 0.9 | 0.8 | -10.1% |
| Romania | 0.4 | 0.1 | 1.3 | 0.3 | -9.1% |
| Austria | 0.2 | 0.3 | 0.1 | 0.3 | 14.5% |
| Colombia | 1.6 | 0.6 | 1.5 | 0.3 | -42.8% |
| Others | 2.9 | 2.6 | 2.9 | 2.6 | -3.6% |
| Total | 22.1 | 20.0 | 24.1 | 22.5 | 0.6% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc from Japan in 2022:
- Brazil (1732.1 tons)
- Netherlands (1172.6 tons)
- Malaysia (649.4 tons)
- Vietnam (607.0 tons)
- China (558.5 tons)
- Thailand (364.1 tons)
- United States (304.8 tons)
- Poland (290.7 tons)
- Mexico (264.6 tons)
- Philippines (243.7 tons)
- Austria (111.3 tons)
- Colombia (95.5 tons)
- Romania (92.2 tons)
504
This report provides an in-depth analysis of the market for iron and steel wire in Japan.
487
This report provides an in-depth analysis of the market for iron and steel wire in Japan.
1978
This report provides an in-depth analysis of the global market for iron and steel wire.
601
This report provides an in-depth analysis of the global market for iron and steel wire.
504
This report provides an in-depth analysis of the market for iron and steel wire in Japan.
487
This report provides an in-depth analysis of the market for iron and steel wire in Japan.
1978
This report provides an in-depth analysis of the global market for iron and steel wire.
601
This report provides an in-depth analysis of the global market for iron and steel wire.
865
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 +...
1530
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...
1066
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...
1257
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...
694
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...
957
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...
3568
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...
778
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...
295
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.
262
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.
