Stainless Steel Wire Price in France - 2023
Contents:
- Stainless Steel Wire Price in France (FOB) - 2023
- Stainless Steel Wire Price in France (CIF) - 2023
- Stainless Steel Wire Exports in France
- Stainless Steel Wire Imports in France
Stainless Steel Wire Price in France (FOB) - 2023
The average stainless steel wire export price stood at $6,645 per ton in September 2023, waning by -2.4% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 7.6% against the previous month. As a result, the export price reached the peak level of $7,948 per ton. From April 2023 to September 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($16,154 per ton), while the average price for exports to India ($3,507 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Stainless Steel Wire Price in France (CIF) - 2023
In September 2023, the average stainless steel wire import price amounted to $5,088 per ton, increasing by 7.2% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 11% against the previous month. As a result, import price attained the peak level of $5,875 per ton. From February 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($7,250 per ton), while the price for Indonesia ($3,096 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Stainless Steel Wire Exports in France
In 2022, approx. 17K tons of stainless steel wire were exported from France; waning by -15.9% compared with 2021 figures. Overall, exports saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of 20K tons, and then shrank notably in the following year.
In value terms, stainless steel wire exports reached $122M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 53%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Stainless Steel Wire in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 27.8 | 24.7 | 41.0 | 42.9 | 15.6% |
| Italy | 7.2 | 5.7 | 9.3 | 11.3 | 16.2% |
| Belgium | 7.5 | 5.6 | 9.5 | 7.8 | 1.3% |
| Greece | 6.5 | 3.9 | 6.4 | 7.0 | 2.5% |
| Turkey | 1.2 | 1.5 | 2.7 | 4.4 | 54.2% |
| Netherlands | 3.1 | 3.0 | 3.6 | 4.3 | 11.5% |
| South Africa | 3.5 | 2.7 | 4.7 | 3.9 | 3.7% |
| Spain | 3.8 | 3.0 | 4.0 | 3.9 | 0.9% |
| United States | 5.9 | 1.7 | 2.8 | 3.3 | -17.6% |
| Poland | 1.7 | 2.0 | 2.5 | 3.2 | 23.5% |
| Czech Republic | 3.8 | 2.7 | 4.0 | 2.8 | -9.7% |
| Brazil | 1.0 | 0.6 | 1.3 | 2.0 | 26.0% |
| Portugal | 1.9 | 1.8 | 2.0 | 1.7 | -3.6% |
| Others | 20.9 | 17.6 | 23.0 | 23.1 | 3.4% |
| Total | 95.8 | 76.5 | 117 | 122 | 8.4% |
Top Export Markets for Stainless Steel Wire from France in 2022:
- Germany (6.1K tons)
- Italy (1.8K tons)
- Greece (1.2K tons)
- Netherlands (0.7K tons)
- Spain (0.7K tons)
- Czech Republic (0.6K tons)
- South Africa (0.6K tons)
- Belgium (0.6K tons)
- Turkey (0.5K tons)
- Poland (0.4K tons)
- Brazil (0.3K tons)
- Portugal (0.3K tons)
- United States (0.3K tons)
Stainless Steel Wire Imports in France
In 2022, the amount of stainless steel wire imported into France declined to 26K tons, dropping by -8.2% against the year before. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 42%. As a result, imports reached the peak of 28K tons, and then declined in the following year.
In value terms, stainless steel wire imports surged to $134M in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 55%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Stainless Steel Wire in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 20.4 | 16.0 | 31.4 | 31.9 | 16.1% |
| Germany | 8.0 | 9.4 | 11.5 | 13.4 | 18.8% |
| Italy | 6.3 | 7.7 | 10.4 | 13.0 | 27.3% |
| Switzerland | 9.7 | 8.9 | 11.5 | 11.6 | 6.1% |
| Sweden | 6.3 | 6.2 | 6.6 | 10.4 | 18.2% |
| Netherlands | 2.1 | 4.8 | 8.5 | 10.0 | 68.2% |
| United Kingdom | 0.6 | 0.4 | 5.0 | 10.0 | 155.4% |
| China | 5.5 | 3.1 | 6.9 | 9.5 | 20.0% |
| Spain | 7.0 | 4.3 | 5.8 | 7.2 | 0.9% |
| Czech Republic | 3.4 | 3.3 | 4.5 | 4.2 | 7.3% |
| Belgium | 0.3 | 1.3 | 2.2 | 2.3 | 97.2% |
| United Arab Emirates | 0.5 | 1.4 | 0.8 | 2.0 | 58.7% |
| Luxembourg | 1.1 | 0.3 | 0.1 | 0.3 | -35.2% |
| Others | 5.6 | 2.5 | 2.7 | 7.9 | 12.2% |
| Total | 76.7 | 69.5 | 108 | 134 | 20.4% |
Top Suppliers of Stainless Steel Wire to France in 2022:
- India (8.7K tons)
- Netherlands (2.9K tons)
- Italy (2.2K tons)
- China (2.2K tons)
- Switzerland (2.0K tons)
- Germany (1.6K tons)
- Spain (1.1K tons)
- United Kingdom (1.0K tons)
- Sweden (1.0K tons)
- Czech Republic (0.9K tons)
- Belgium (0.6K tons)
- United Arab Emirates (0.5K tons)
- Luxembourg (0.2K tons)
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