Belgium - Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Deformed Non-Alloy Steel Wire Rod in Belgium - 2023
Contents:
- Price for Deformed Non-Alloy Steel Wire Rod in Belgium (FOB) - 2023
- Price for Deformed Non-Alloy Steel Wire Rod in Belgium (CIF) - 2023
- Exports of Deformed Non-Alloy Steel Wire Rod in Belgium
- Imports of Deformed Non-Alloy Steel Wire Rod in Belgium
Price for Deformed Non-Alloy Steel Wire Rod in Belgium (FOB) - 2023
The average export price for ribbed or other deformed wire rod of non-alloy steel stood at $840 per ton in June 2023, with a decrease of -4.2% against the previous month. Over the period under review, the export price saw a pronounced decline. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 2.7% m-o-m. Over the period under review, the average export prices hit record highs at $1,267 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In June 2023, the country with the highest price was the Netherlands ($864 per ton), while the average price for exports to Germany ($782 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-2.6%), while the prices for the other major destinations experienced a decline.
Price for Deformed Non-Alloy Steel Wire Rod in Belgium (CIF) - 2023
In May 2023, the average import price for ribbed or other deformed wire rod of non-alloy steel amounted to $849 per ton, picking up by 1.6% against the previous month. In general, the import price, however, recorded a perceptible slump. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 23% month-to-month. Over the period under review, average import prices hit record highs at $1,374 per ton in May 2022; however, from June 2022 to May 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Spain ($1,289 per ton), while the price for Germany ($825 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.2%), while the prices for the other major suppliers experienced a decline.
Exports of Deformed Non-Alloy Steel Wire Rod in Belgium
Deformed non-alloy steel wire rod exports from Belgium dropped to 92K tons in 2022, reducing by -13.2% against the year before. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 64% against the previous year. As a result, the exports attained the peak of 106K tons, and then contracted in the following year.
In value terms, deformed non-alloy steel wire rod exports rose sharply to $107M in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 144%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Deformed Non-Alloy Steel Wire Rod in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 13.0 | 16.0 | 40.5 | 37.7 | 42.6% |
| France | 21.5 | 19.0 | 28.7 | 34.2 | 16.7% |
| Germany | 2.0 | 2.7 | 23.0 | 33.7 | 156.4% |
| Algeria | 3.2 | N/A | N/A | N/A | 0% |
| Others | 2.0 | 0.3 | 0.7 | 1.1 | -18.1% |
| Total | 41.6 | 38.1 | 92.9 | 107 | 37.0% |
Top Export Markets for Deformed Non-Alloy Steel Wire Rod from Belgium in 2022:
- Netherlands (34.5K tons)
- France (28.9K tons)
- Germany (27.6K tons)
Imports of Deformed Non-Alloy Steel Wire Rod in Belgium
In 2022, after three years of growth, there was significant decline in supplies from abroad of ribbed or other deformed wire rod of non-alloy steel, when their volume decreased by -59.6% to 14K tons. Over the period under review, imports continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2021 with an increase of 124% against the previous year. As a result, imports attained the peak of 35K tons, and then fell sharply in the following year.
In value terms, deformed non-alloy steel wire rod imports declined markedly to $17M in 2022. In general, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 210% against the previous year. As a result, imports attained the peak of $29M, and then reduced dramatically in the following year.
| Import of Deformed Non-Alloy Steel Wire Rod in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.9 | 3.2 | 5.5 | 5.4 | 11.5% |
| Italy | 0.4 | 0.7 | 2.0 | 4.1 | 117.2% |
| Spain | 1.5 | 1.2 | 3.9 | 3.5 | 32.6% |
| Netherlands | 4.5 | 4.0 | 4.8 | 3.3 | -9.8% |
| France | 0.3 | 0.4 | 0.5 | 0.7 | 32.6% |
| Russia | N/A | N/A | 6.1 | N/A | 0% |
| United Arab Emirates | N/A | N/A | 1.3 | N/A | 0% |
| Iran | N/A | N/A | 4.9 | N/A | 0% |
| Others | N/A | 0.1 | 0.5 | 0.4 | 100.0% |
| Total | 10.5 | 9.5 | 29.5 | 17.3 | 18.1% |
Top Suppliers of Deformed Non-Alloy Steel Wire Rod to Belgium in 2022:
- Germany (4.9K tons)
- Italy (3.7K tons)
- Netherlands (2.9K tons)
- Spain (1.9K tons)
- France (0.6K tons)
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Belgium. 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)
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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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