Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Russia - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Russia (FOB) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Russia (CIF) - 2022
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Russia
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Russia
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Russia (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, plated or coated with zincs amounted to $1,550 per ton, rising by 56% against the previous year. Overall, the export price posted a pronounced expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($3,325 per ton), while the average price for exports to Poland ($1,451 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 Uzbekistan (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Russia (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel wire, plated or coated with zincs amounted to $1,025 per ton, which is down by -40.2% against the previous year. Over the period under review, the import price continues to indicate a mild setback. The pace of growth appeared the most rapid in 2018 when the average import price increased by 38%. Over the period under review, average import prices reached the maximum at $1,714 per ton in 2021, and then declined notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($1,514 per ton), while the price for Kazakhstan ($618 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+2.9%), while the prices for the other major suppliers experienced a decline.
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Russia
For the third year in a row, Russia recorded decline in overseas shipments of iron or non-alloy steel wire, plated or coated with zincs, which decreased by -74.5% to 14K tons in 2022. Over the period under review, exports faced a precipitous decline. The smallest decline of -14.7% was in 2020.
In value terms, exports of iron or non-alloy steel wire, plated or coated with zincs reduced dramatically to $21M in 2022. In general, exports showed a precipitous curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 27.4 | 13.8 | 12.6 | 13.8 | -20.4% |
| Lithuania | 1.9 | 2.6 | 1.7 | 1.6 | -5.6% |
| Georgia | 2.5 | 1.3 | 1.3 | 1.3 | -19.6% |
| Spain | 0.1 | 0.2 | 0.8 | 0.6 | 81.7% |
| Czech Republic | 0.9 | 0.4 | 0.3 | 0.4 | -23.7% |
| Romania | N/A | 0.2 | 0.5 | 0.4 | 41.4% |
| Azerbaijan | 3.5 | 3.6 | 1.8 | 0.4 | -51.5% |
| Belarus | 4.4 | 5.9 | 8.7 | 0.3 | -59.1% |
| Kyrgyzstan | 1.2 | 1.5 | 2.6 | 0.1 | -56.3% |
| France | 2.1 | 1.4 | 4.1 | 0.1 | -63.8% |
| Kazakhstan | 6.3 | 5.4 | 8.1 | 0.1 | -74.9% |
| Uzbekistan | 1.2 | 0.9 | 1.3 | N/A | 4.1% |
| Moldova | 0.4 | 2.2 | 1.6 | N/A | 100.0% |
| Others | 4.7 | 5.0 | 8.4 | 2.2 | -22.4% |
| Total | 56.7 | 44.3 | 53.7 | 21.4 | -27.7% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc from Russia in 2022:
- Poland (9539.3 tons)
- Lithuania (908.9 tons)
- Georgia (876.2 tons)
- Spain (392.1 tons)
- Czech Republic (257.7 tons)
- Romania (242.4 tons)
- Azerbaijan (178.9 tons)
- Belarus (136.1 tons)
- Kyrgyzstan (51.2 tons)
- France (40.6 tons)
- Kazakhstan (32.8 tons)
- Moldova (7.7 tons)
- Uzbekistan (0.8 tons)
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Russia
Imports of iron or non-alloy steel wire, plated or coated with zincs into Russia skyrocketed to 14K tons in 2022, rising by 56% on 2021 figures. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs reduced to $14M in 2022. Over the period under review, imports, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports reached the peak of $15M, and then contracted in the following year.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7,372 | 4,870 | 7,539 | 2,587 | -29.5% |
| Italy | 404 | 241 | 104 | 1,354 | 49.7% |
| Poland | 385 | 169 | 175 | 1,318 | 50.7% |
| Lithuania | 145 | 17.5 | 226 | 1,242 | 104.6% |
| Slovakia | 1,098 | 732 | 1,918 | 1,077 | -0.6% |
| Malaysia | 105 | 77.7 | 161 | 885 | 103.5% |
| Netherlands | 97.1 | 323 | 14.9 | 785 | 100.7% |
| Kazakhstan | 355 | N/A | 381 | 742 | 27.9% |
| Spain | 317 | 3.7 | 52.1 | 675 | 28.7% |
| Luxembourg | 610 | 1,037 | 419 | 665 | 2.9% |
| Romania | 163 | 56.3 | 26.5 | 444 | 39.7% |
| Latvia | 29.2 | 44.4 | 59.5 | 327 | 123.7% |
| Ukraine | 145 | 0.4 | 17.4 | 295 | 26.7% |
| Others | 3,520 | 3,735 | 3,938 | 1,571 | -23.6% |
| Total | 14,746 | 11,307 | 15,030 | 13,969 | -1.8% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to Russia in 2022:
- China (2479.0 tons)
- Lithuania (1644.2 tons)
- Poland (1283.4 tons)
- Kazakhstan (1201.1 tons)
- Italy (1182.9 tons)
- Malaysia (797.7 tons)
- Slovakia (711.6 tons)
- Spain (581.8 tons)
- Netherlands (548.4 tons)
- Romania (511.7 tons)
- Luxembourg (507.7 tons)
- Ukraine (453.2 tons)
- Latvia (449.1 tons)
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