Hot-rolled Wire Stainless Steel Rod Market

Hot-rolled wire stainless steel rod market: read recently published info featured by an Ai-driven market research tool. Datasets provide trade, exports, market prices, consumption, imports, market size, production, and companies. There is a split by country, including the U.K., Latin America, Africa, EU, China, the Middle East, Russia, and the U.S. Market dynamics and outlook to 2030 are also provided in the dashboards.


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Hot-rolled Wire Stainless Steel Rod - World's Largest Markets

RatingCountry
1Germany
2United States
3Taiwan (Chinese)
4Italy
5Thailand

In value terms, the largest hot-rolled wire stainless steel rod markets worldwide were Germany, the United States and Taiwan (Chinese), with a combined 37% share of the global market. These countries were followed by Italy, Thailand, Vietnam, Japan, Switzerland, the Czech Republic, Malaysia, Hong Kong SAR and India, which together accounted for a further 49%.

In terms of the main consuming countries, Hong Kong SAR (+299.5% per year) recorded the highest rates of growth with regard to market size, over the period under review, while hot-rolled wire stainless steel rod market for the other global leaders experienced more modest paces of growth.

Hot-Rolled Wire Stainless Steel Rod Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Singapore5466225762.7%
United Kingdom344634812105-21.8%
South Korea219120912144-1.1%
Taiwan (Chinese)228022622271-0.2%
China18841754271320.0%
India21992350300016.8%
Spain2663254731037.9%
France3060289834796.6%
Italy3285320637566.9%
Sweden3728366843758.3%
Average2531248228496.1%

Prices varied noticeably by the country of origin; the country with the highest price was Sweden ($4,375 per ton), while Singapore ($576 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
United States3515347939846.5%
Czech Republic29343093363311.3%
Germany3068293534035.3%
Italy2630255231198.9%
China2921315830392.0%
Hong Kong SAR2611255527662.9%
Taiwan (Chinese)266424842573-1.7%
South Korea256924432504-1.3%
Thailand248422252349-2.8%
Malaysia218721622174-0.3%
Vietnam180816651733-2.1%
India219820961628-13.9%
Average2695258628492.8%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($3,984 per ton), while India ($1,628 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the other global leaders experienced more modest paces of growth.

Hot-Rolled Wire Stainless Steel Rod - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
Italy0.20.20.423.2%
Germany0.20.20.313.1%
United States0.10.090.216.5%
China0.10.20.21.8%
South Korea0.10.10.10.1%

In value terms, the largest hot-rolled wire stainless steel rod importing markets worldwide were Italy ($378M), Germany ($274M) and the United States ($155M), with a combined 41% share of global imports. These countries were followed by China, South Korea, Thailand, Vietnam, the Czech Republic, India, Malaysia, Taiwan (Chinese) and Hong Kong SAR, which together accounted for a further 42%.

Hong Kong SAR (+298.2% per year) recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Hot-Rolled Wire Stainless Steel Rod - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
China0.20.20.320.9%
Italy0.20.20.312.8%
Taiwan (Chinese)0.30.30.3-3.0%
France0.20.20.315.8%
Spain0.10.10.222.1%

In value terms, China ($330M), Italy ($304M) and Taiwan (Chinese) ($282M) constituted the countries with the highest levels of exports in 2021, with a combined 47% share of global exports. These countries were followed by France, Spain, Sweden, India, South Korea, the UK and Singapore, which together accounted for a further 49%.

India recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Hot-Rolled Wire Stainless Steel Rod - Market Forecast

The market for hot-rolled wire stainless steel rod is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -1.6% for the nine-year period from 2021 to 2030, which is projected to depress the market volume to by the end of 2030.

Hot-Rolled Wire Stainless Steel Rod - Top Companies

Dongguan Dazhou Iron & Steel Co., Ltd., NIPPON STEEL & SUMITOMO METAL CORPORATION, Baoshan Iron & Steel Co., Ltd., Shougang Group Corporation, JFE STEEL CORPORATION, TATA STEEL LIMITED, Nucor Corporation, Hyundai Steel Company, KOBE STEEL, LTD., Hesteel Company Limited, Jiangsu Shagang Group Co., Ltd., Wugang Group Co., Ltd., Shandong Iron & Steel Group Co., Ltd., Jiuquan Iron And Steel (Group) Co., Ltd., Angang Steel Company Limited, United States Steel Corp, CHINA STEEL CORPORATION, Hunan Valin Iron & Steel Group Co., Ltd., Maanshan Iron & Steel Company Limited, Anshan Iron and Steel Group Co., Ltd.

Hot-rolled Wire Stainless Steel Rod - Product Coverage

  • HS 7221 - Stainless steel bars and rods, hot-rolled, in irregularly wound coils
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World - Hot-Rolled Wire Rod in Coil of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for hot-rolled wire stainless steel rod.

Australia and Oceania - Hot-Rolled Wire Rod in Coil of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in Australia and Oceania.

Northern America - Hot-Rolled Wire Rod in Coil of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in Northern America.

Africa - Hot-Rolled Wire Rod in Coil of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in Africa.

Latin America and the Caribbean - Hot-Rolled Wire Rod in Coil of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in Latin America and the Caribbean.

Middle East - Hot-Rolled Wire Rod in Coil of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in the Middle East.

Eastern Asia - Hot-Rolled Wire Rod in Coil of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in Eastern Asia.

Southern Asia - Hot-Rolled Wire Rod in Coil of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in Southern Asia.

Central Asia - Hot-Rolled Wire Rod in Coil of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in Central Asia.

South-Eastern Asia - Hot-Rolled Wire Rod in Coil of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in South-Eastern Asia.

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