Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Egypt - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Egypt (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Egypt (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Egypt
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Egypt
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Egypt (CIF) - 2022
The average import price for iron or non-alloy steel wire, not plated or coateds stood at $1,480 per ton in 2022, with an increase of 25% against the previous year. Over the period under review, the import price continues to indicate a pronounced increase. The growth pace was the most rapid in 2019 an increase of 1,925% against the previous year. The import price peaked at $2,408 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($1,480 per ton) and Saudi Arabia ($1,480 per ton), while the price for Italy ($1,480 per ton) and Spain ($1,480 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Egypt (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, not plated or coateds amounted to $1,454 per ton, surging by 18% against the previous year. Over the period under review, the export price showed moderate growth. The most prominent rate of growth was recorded in 2021 an increase of 35% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Israel ($1,454 per ton) and Madagascar ($1,454 per ton), while the average price for exports to Costa Rica ($1,454 per ton) and Sudan ($1,454 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Madagascar (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Egypt
Imports of iron or non-alloy steel wire, not plated or coateds into Egypt skyrocketed to 13K tons in 2022, increasing by 71% against 2021. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds surged to $19M in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 1.0 | 1.3 | 8.0 | 47.4% |
| Turkey | 1.1 | 0.6 | 2.2 | 4.1 | 55.0% |
| Saudi Arabia | 0.1 | 0.3 | 0.1 | 1.6 | 152.0% |
| Tunisia | 0.7 | 0.1 | 1.3 | 1.6 | 31.7% |
| Spain | 0.1 | 0.7 | N/A | 1.6 | 152.0% |
| Italy | 0.1 | 0.4 | 1.5 | 0.8 | 100.0% |
| Belgium | 0.7 | 0.3 | 0.3 | 0.4 | -17.0% |
| Others | 0.4 | 1.2 | 2.0 | 0.7 | 20.5% |
| Total | 5.8 | 4.6 | 8.7 | 18.7 | 47.7% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Egypt in 2022:
- China (5.4K tons)
- Turkey (2.7K tons)
- Saudi Arabia (1.1K tons)
- Tunisia (1.1K tons)
- Spain (1.1K tons)
- Italy (0.6K tons)
- Belgium (0.3K tons)
Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Egypt
In 2022, approx. 6.3K tons of iron or non-alloy steel wire, not plated or coateds were exported from Egypt; with an increase of 20% on 2021 figures. In general, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds soared to $9.1M in 2022. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sudan | 693 | 1,203 | 412 | 2,543 | 54.2% |
| Kenya | 833 | 1,430 | 1,211 | 1,049 | 8.0% |
| Greece | 52.5 | 74.2 | 231 | 893 | 157.2% |
| Madagascar | N/A | 270 | 1,106 | 811 | 73.3% |
| Israel | N/A | N/A | 444 | 740 | 66.7% |
| Costa Rica | N/A | N/A | 78.8 | 468 | 493.9% |
| Syrian Arab Republic | 263 | 85.2 | 287 | 280 | 2.1% |
| Morocco | 110 | 141 | 227 | 274 | 35.6% |
| Cyprus | N/A | 34.4 | 127 | 255 | 172.3% |
| Angola | N/A | N/A | 192 | 251 | 30.7% |
| Tanzania | 447 | 500 | 384 | 225 | -20.5% |
| Spain | 280 | 414 | 430 | 223 | -7.3% |
| Saudi Arabia | N/A | 16.5 | 11.5 | 162 | 213.3% |
| Others | 2,098 | 536 | 1,268 | 946 | -23.3% |
| Total | 4,775 | 4,704 | 6,408 | 9,121 | 24.1% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Egypt in 2022:
- Sudan (1749.1 tons)
- Kenya (721.6 tons)
- Greece (614.4 tons)
- Madagascar (557.9 tons)
- Israel (508.8 tons)
- Costa Rica (322.2 tons)
- Syrian Arab Republic (192.3 tons)
- Morocco (188.4 tons)
- Cyprus (175.4 tons)
- Angola (172.7 tons)
- Tanzania (154.5 tons)
- Spain (153.6 tons)
- Saudi Arabia (111.3 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Egypt.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the market for iron and steel wire in Egypt.
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This report provides an in-depth analysis of the market for iron and steel wire in Egypt.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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