Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Saudi Arabia - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Saudi Arabia (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Saudi Arabia (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Saudi Arabia
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Saudi Arabia
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Saudi Arabia (CIF) - 2022
The average import price for iron or non-alloy steel wire, plated or coated with zincs stood at $762 per ton in 2021, therefore, remained relatively stable against the previous year. In general, the import price, however, saw a mild reduction. The growth pace was the most rapid in 2018 an increase of 25%. As a result, import price reached the peak level of $896 per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($1,136 per ton), while the price for the United Arab Emirates stood at $1,125 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.6%), 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 Saudi Arabia (FOB) - 2022
In 2021, the average export price for iron or non-alloy steel wire, plated or coated with zincs amounted to $1,052 per ton, dropping by -6.4% against the previous year. Over the period under review, the export price recorded a mild shrinkage. The growth pace was the most rapid in 2016 an increase of 23% against the previous year. As a result, the export price attained the peak level of $1,436 per ton. From 2017 to 2021, the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($1,254 per ton) and Kuwait ($1,087 per ton), while the average price for exports to Oman ($1,024 per ton) and Iraq ($1,042 per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+104.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Saudi Arabia
Imports of iron or non-alloy steel wire, plated or coated with zincs into Saudi Arabia declined notably to 24K tons in 2022, waning by -17.5% against 2021. Overall, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year.
In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs fell notably to $18M in 2022. In general, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 54%.
Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
China | 19.3 | 9.9 | 6.4 | -42.4% | |
United Arab Emirates | 5.9 | 3.1 | 1.2 | -54.9% | |
Turkey | 3.4 | 0.6 | N/A | -82.4% | |
Others | 1.4 | 0.8 | 14.6 | 222.9% | |
Total | 29.9 | 14.4 | 22.2 | -13.8% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to Saudi Arabia in 2022:
- China (5.6K tons)
- United Arab Emirates (1.1K tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Saudi Arabia
Exports of iron or non-alloy steel wire, plated or coated with zincs from Saudi Arabia surged to 1.7K tons in 2022, jumping by 91% on the previous year's figure. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or non-alloy steel wire, plated or coated with zincs skyrocketed to $2.7M in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
United Arab Emirates | 7.6 | 90.3 | 193 | 403.9% | |
Iraq | N/A | N/A | 126 | 0% | |
Oman | N/A | N/A | 124 | 0% | |
Kuwait | N/A | N/A | 66.9 | 0% | |
Egypt | 159 | N/A | N/A | 0% | |
Sudan | 97.5 | 50.4 | N/A | -48.3% | |
Bahrain | N/A | 70.2 | N/A | 0% | |
Others | 606 | 822 | 442 | -14.6% | |
Total | 870 | 1,033 | 951 | 4.6% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc from Saudi Arabia in 2022:
- United Arab Emirates (153.7 tons)
- Iraq (121.2 tons)
- Oman (121.0 tons)
- Kuwait (61.5 tons)
This report provides an in-depth analysis of the market for iron and steel wire in Saudi Arabia.
This report provides an in-depth analysis of the market for iron and steel wire in Saudi Arabia.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the market for iron and steel wire in Saudi Arabia.
This report provides an in-depth analysis of the market for iron and steel wire in Saudi Arabia.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the global market for iron and steel wire.
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 +...
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...
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...
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...
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...
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...
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...
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...
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.
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.