World - Hot-Rolled Wire Rod In Coil Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 17, 2024

World - Hot-Rolled Wire Rod In Coil Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights

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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.


Get FREE access to the latest REPORT on the Hot-rolled Wire Stainless Steel Rod Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.

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.

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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

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for hot-rolled wire stainless steel rod. 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 24106300 - Hot-rolled wire rod in coil, of stainless steel

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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