Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Romania - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Romania (FOB) - 2024
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Romania (CIF) - 2024
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Romania
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Romania
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Romania (FOB) - 2024
In January 2024, the average export price for iron or non-alloy steel wire, plated or coated with zincs amounted to $1,179 per ton, declining by -17% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2023 when the average export price increased by 46% m-o-m. As a result, the export price attained the peak level of $1,420 per ton, and then fell dramatically in the following month.
As there is only one major export destination, the average price level is determined by prices for Moldova.
From January 2023 to January 2024, the rate of growth in terms of prices for Slovakia amounted to +1.9% per month.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Romania (CIF) - 2024
In January 2024, the average import price for iron or non-alloy steel wire, plated or coated with zincs amounted to $976 per ton, with an increase of 3.8% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 6.8% m-o-m. Over the period under review, average import prices reached the maximum at $1,178 per ton in May 2023; however, from June 2023 to January 2024, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In January 2024, the highest price was recorded for prices from Ukraine ($1,092 per ton) and Albania ($1,057 per ton), while the price for China ($740 per ton) and Turkey ($950 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Greece (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Romania
In 2022, exports of iron or non-alloy steel wire, plated or coated with zincs from Romania dropped notably to 20K tons, falling by -27.1% compared with the previous year's figure. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 17%.
In value terms, exports of iron or non-alloy steel wire, plated or coated with zincs contracted markedly to $26M in 2022. Over the period under review, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 76%. As a result, the exports attained the peak of $33M, and then declined notably in the following year.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 8.0 | 3.5 | 8.9 | 6.8 | -5.3% |
| Slovakia | 2.8 | 3.7 | 5.9 | 6.1 | 29.6% |
| Czech Republic | 2.9 | 2.9 | 3.8 | 5.0 | 19.9% |
| Hungary | 4.2 | 3.4 | 6.5 | 3.5 | -5.9% |
| France | 0.9 | 0.6 | 1.5 | 2.2 | 34.7% |
| Serbia | 1.4 | 1.5 | 2.0 | 0.5 | -29.1% |
| Italy | 1.7 | 0.7 | 1.2 | 0.4 | -38.3% |
| Algeria | 4.4 | 0.1 | N/A | N/A | -97.7% |
| Others | 4.2 | 2.2 | 3.1 | 1.5 | -29.1% |
| Total | 30.4 | 18.7 | 32.9 | 25.8 | -5.3% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc from Romania in 2022:
- Poland (6.0K tons)
- Slovakia (5.0K tons)
- Czech Republic (4.3K tons)
- Hungary (2.7K tons)
- France (0.5K tons)
- Serbia (0.4K tons)
- Italy (0.3K tons)
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Romania
In 2022, purchases abroad of iron or non-alloy steel wire, plated or coated with zincs decreased by -60.4% to 21K tons, falling for the second year in a row after two years of growth. In general, imports saw a sharp shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 124% against the previous year. As a result, imports attained the peak of 104K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs declined rapidly to $25M in 2022. Over the period under review, imports recorded a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 95%. As a result, imports attained the peak of $59M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2.5 | 3.5 | 6.0 | 7.9 | 46.7% |
| Bulgaria | 13.2 | 27.5 | 4.7 | 5.0 | -27.6% |
| Ukraine | 1.1 | 1.6 | 2.0 | 3.6 | 48.5% |
| Greece | 9.3 | 18.7 | 27.4 | 3.0 | -31.4% |
| Italy | 1.2 | 3.9 | 1.8 | 1.6 | 10.1% |
| Germany | 0.5 | 0.7 | 0.8 | 1.0 | 26.0% |
| China | 0.4 | 0.6 | 0.3 | 0.7 | 20.5% |
| Others | 1.8 | 2.1 | 4.2 | 2.4 | 10.1% |
| Total | 30.0 | 58.6 | 47.1 | 25.2 | -5.6% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to Romania in 2022:
- Turkey (6.9K tons)
- Bulgaria (4.4K tons)
- Greece (3.0K tons)
- Ukraine (2.9K tons)
- Italy (1.1K tons)
- China (0.6K tons)
- Germany (0.4K tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Romania.
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This report provides an in-depth analysis of the market for iron and steel wire in Romania.
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This report provides an in-depth analysis of the market for iron and steel wire in Romania.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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