Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Angola - 2022

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Angola (CIF) - 2022
  2. Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Angola

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Angola (CIF) - 2022

In 2022, the average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $2,947 per ton, growing by 16% against the previous year. In general, the import price posted tangible growth. The growth pace was the most rapid in 2017 an increase of 2,416%. Over the period under review, average import prices hit record highs at $32,999 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($41,331 per ton), while the price for China ($1,155 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+26.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Angola

In 2022, the amount of iron or non-alloy steel wire, plated or coated with non-zinc base metalses imported into Angola contracted to 27 tons, declining by -10.9% compared with the previous year's figure. Over the period under review, imports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 1,756% against the previous year.

In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses expanded modestly to $79K in 2022. Overall, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 493% against the previous year.

Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.5N/A3.230.134.0%
Denmark1,912N/AN/AN/A0%
United KingdomN/A8.541.2N/A384.7%
Others3.84.431.948.7134.0%
Total1,92812.976.378.8-65.6%

Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Angola in 2022:

  1. China (26.1 tons)

Source: IndexBox Market Intelligence Platform

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