Stainless Steel Wire Price in Romania - 2023
Contents:
- Stainless Steel Wire Price in Romania (FOB) - 2023
- Stainless Steel Wire Price in Romania (CIF) - 2022
- Stainless Steel Wire Exports in Romania
- Stainless Steel Wire Imports in Romania
Stainless Steel Wire Price in Romania (FOB) - 2023
In September 2023, the average stainless steel wire export price amounted to $11,318 per ton, increasing by 7.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in April 2023 an increase of 14% month-to-month. The export price peaked in September 2023.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was the UK ($11,786 per ton), while the average price for exports to Serbia ($6,363 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 Spain (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Stainless Steel Wire Price in Romania (CIF) - 2022
In 2022, the average stainless steel wire import price amounted to $6,148 per ton, growing by 7.7% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, stainless steel wire import price increased by +73.5% against 2015 indices. The growth pace was the most rapid in 2013 when the average import price increased by 33%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($7,753 per ton), while the price for Bulgaria ($2,706 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Stainless Steel Wire Exports in Romania
After three years of growth, overseas shipments of stainless steel wire decreased by -95.1% to 824 tons in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 9,513%. As a result, the exports reached the peak of 17K tons, and then shrank remarkably in the following year.
In value terms, stainless steel wire exports reduced rapidly to $6.9M in 2022. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 12,293% against the previous year. As a result, the exports reached the peak of $131M, and then reduced notably in the following year.
| Export of Stainless Steel Wire in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.2 | 0.1 | 0.7 | 1.8 | 108.0% |
| Poland | N/A | N/A | 0.4 | 0.9 | 125.0% |
| Italy | N/A | 0.2 | 0.6 | 0.8 | 100.0% |
| France | N/A | N/A | 0.4 | 0.6 | 50.0% |
| Serbia | 0.7 | 0.6 | 0.7 | 0.5 | -10.6% |
| United Kingdom | N/A | N/A | 0.3 | 0.4 | 33.3% |
| Spain | N/A | N/A | 0.3 | 0.4 | 33.3% |
| China | N/A | N/A | 127 | N/A | 0% |
| Others | 0.1 | 0.1 | 1.0 | 1.5 | 146.6% |
| Total | 1.1 | 1.1 | 131 | 6.9 | 84.4% |
Top Export Markets for Stainless Steel Wire from Romania in 2022:
- Germany (208.7 tons)
- Italy (130.5 tons)
- Poland (93.7 tons)
- France (71.1 tons)
- Serbia (70.3 tons)
- Spain (57.0 tons)
- United Kingdom (38.4 tons)
- China (5.1 tons)
Stainless Steel Wire Imports in Romania
Stainless steel wire imports into Romania expanded modestly to 2.6K tons in 2022, growing by 1.7% on the previous year's figure. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.3% 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 +45.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 40%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, stainless steel wire imports expanded sharply to $16M in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 60% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Stainless Steel Wire in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.2 | 1.2 | 4.2 | 6.7 | 77.4% |
| China | 1.9 | 2.5 | 2.5 | 3.0 | 16.4% |
| Germany | 2.5 | 2.7 | 3.3 | 2.6 | 1.3% |
| Czech Republic | 0.9 | 0.9 | 1.4 | 1.5 | 18.6% |
| India | 0.1 | 0.4 | 0.3 | 0.6 | 81.7% |
| France | 0.4 | 0.3 | 0.7 | 0.5 | 7.7% |
| Hungary | 0.6 | 0.3 | 0.1 | N/A | -59.2% |
| Poland | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Others | 0.6 | 0.6 | 1.9 | 0.8 | 10.1% |
| Total | 8.4 | 9.0 | 14.4 | 15.8 | 23.4% |
Top Suppliers of Stainless Steel Wire to Romania in 2022:
- Italy (857.9 tons)
- China (714.1 tons)
- Germany (356.2 tons)
- Czech Republic (264.1 tons)
- India (138.7 tons)
- France (85.9 tons)
- Poland (37.1 tons)
- Hungary (10.2 tons)
508
This report provides an in-depth analysis of the market for iron and steel wire in Romania.
415
This report provides an in-depth analysis of the market for iron and steel wire in Romania.
1993
This report provides an in-depth analysis of the global market for iron and steel wire.
608
This report provides an in-depth analysis of the global market for iron and steel wire.
871
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 +...
1538
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...
1073
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...
1268
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...
700
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...
964
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...
3577
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...
786
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...
308
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.
269
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.
