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New Zealand - Hot-Rolled Wire Rods in Coils - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNew Zealand: Market for Hot-Rolled Wire Rods in Coils 2024
Market Size for Hot-Rolled Wire Rods in Coils in New Zealand
In 2023, the New Zealand market for hot-rolled wire rods in coils decreased by X% to $X, falling for the second consecutive year after five years of growth. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Hot-rolled wire rod in coils consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.
Production of Hot-Rolled Wire Rods in Coils in New Zealand
In value terms, hot-rolled wire rod in coils production contracted to $X in 2023 estimated in export price. In general, production saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Hot-rolled wire rod in coils production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.
Exports of Hot-Rolled Wire Rods in Coils
Exports from New Zealand
In 2023, shipments abroad of hot-rolled wire rods in coils increased by X% to X tons, rising for the second consecutive year after four years of decline. In general, exports, however, faced a deep slump. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.
In value terms, hot-rolled wire rod in coils exports surged to $X in 2023. Overall, exports, however, saw a abrupt descent. The growth pace was the most rapid in 2022 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.
Exports by Country
The United States (X tons) was the main destination for hot-rolled wire rod in coils exports from New Zealand, accounting for a X% share of total exports. Moreover, hot-rolled wire rod in coils exports to the United States exceeded the volume sent to the second major destination, Australia (X tons), twofold.
From 2012 to 2023, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and New Caledonia (X% per year).
In value terms, the largest markets for hot-rolled wire rod in coils exported from New Zealand were the United States ($X), Australia ($X) and New Caledonia ($X), with a combined X% share of total exports.
Among the main countries of destination, the United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.
Export Prices by Country
The average export price for hot-rolled wire rods in coils stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the export price saw a mild downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2022 to 2023, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was New Caledonia ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to New Caledonia (X%), while the prices for the other major destinations experienced a decline.
Imports of Hot-Rolled Wire Rods in Coils
Imports into New Zealand
In 2023, approx. X tons of hot-rolled wire rods in coils were imported into New Zealand; waning by X% on the year before. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2022 with an increase of X%. Imports peaked at X tons in 2017; however, from 2018 to 2023, imports failed to regain momentum.
In value terms, hot-rolled wire rod in coils imports declined sharply to $X in 2023. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2023, imports remained at a lower figure.
Imports by Country
In 2023, Singapore (X tons) constituted the largest supplier of hot-rolled wire rod in coils to New Zealand, accounting for a X% share of total imports. Moreover, hot-rolled wire rod in coils imports from Singapore exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. Vietnam (X tons) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual growth rate of volume from Singapore amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Vietnam (X% per year).
In value terms, Singapore ($X) constituted the largest supplier of hot-rolled wire rods in coils to New Zealand, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.
From 2012 to 2023, the average annual growth rate of value from Singapore totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Vietnam (X% per year).
Import Prices by Country
In 2023, the average import price for hot-rolled wire rods in coils amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for hot-rolled wire rod in coils in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)
- Prodcom 24106120 - Wire rod of free-cutting steel
- Prodcom 24106130 - Wire rod used for concrete reinforcing (mesh/cold ribbed bars)
- Prodcom 24106140 - Wire rod for tyre cord
- Prodcom 24106190 - Other wire rod (of non-alloy steel)
- Prodcom 24106300 - Hot-rolled wire rod in coil, of stainless steel
Country coverage:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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