Egypt - 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 Egypt - 2023
Contents:
- Price for Deformed Non-Alloy Steel Wire Rod in Egypt (FOB) - 2022
- Price for Deformed Non-Alloy Steel Wire Rod in Egypt (CIF) - 2022
- Exports of Deformed Non-Alloy Steel Wire Rod in Egypt
- Imports of Deformed Non-Alloy Steel Wire Rod in Egypt
Price for Deformed Non-Alloy Steel Wire Rod in Egypt (FOB) - 2022
In 2022, the average export price for ribbed or other deformed wire rod of non-alloy steel amounted to $949 per ton, jumping by 22% against the previous year. Overall, the export price recorded pronounced growth. The growth pace was the most rapid in 2021 when the average export price increased by 55%. Over the period under review, the average export prices hit record highs 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 highest price was recorded for prices to Jordan ($949 per ton) and Romania ($949 per ton), while the average price for exports to Sudan ($949 per ton) and Palestine ($949 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 Syrian Arab Republic (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Deformed Non-Alloy Steel Wire Rod in Egypt (CIF) - 2022
The average import price for ribbed or other deformed wire rod of non-alloy steel stood at $908 per ton in 2022, increasing by 56% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, deformed non-alloy steel wire rod import price increased by +59.6% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($979 per ton), while the price for the Netherlands totaled $213 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-2.8%), while the prices for the other major suppliers experienced a decline.
Exports of Deformed Non-Alloy Steel Wire Rod in Egypt
In 2022, deformed non-alloy steel wire rod exports from Egypt soared to 24K tons, with an increase of 1,543% compared with 2021 figures. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, deformed non-alloy steel wire rod exports soared to $23M in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Deformed Non-Alloy Steel Wire Rod in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Palestine | N/A | N/A | N/A | 15.3 | 0% |
| Romania | N/A | N/A | N/A | 4.6 | 0% |
| Lebanon | 0.1 | 0.6 | 0.2 | 2.4 | 188.4% |
| Jordan | N/A | 0.4 | 0.1 | 0.6 | 22.5% |
| Morocco | N/A | 0.2 | 0.1 | N/A | -50.0% |
| Saudi Arabia | 0.1 | 0.8 | 0.3 | N/A | 73.2% |
| Guinea | 0.1 | 0.7 | 0.4 | N/A | 100.0% |
| Others | 0.1 | 0.4 | 0.2 | 0.3 | 44.2% |
| Total | 0.4 | 3.1 | 1.2 | 23.2 | 287.1% |
Top Export Markets for Deformed Non-Alloy Steel Wire Rod from Egypt in 2022:
- Palestine (16.2K tons)
- Romania (4.8K tons)
- Lebanon (2.5K tons)
- Jordan (0.7K tons)
Imports of Deformed Non-Alloy Steel Wire Rod in Egypt
In 2022, approx. 129 tons of ribbed or other deformed wire rod of non-alloy steel were imported into Egypt; which is down by -96.3% on 2021 figures. In general, imports showed a precipitous setback. The smallest decline of -49.1% was in 2021.
In value terms, deformed non-alloy steel wire rod imports shrank significantly to $117K in 2022. Overall, imports continue to indicate a dramatic descent. The smallest decline of -48.5% was in 2021.
| Import of Deformed Non-Alloy Steel Wire Rod in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 0.1 | 0% |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| Saudi Arabia | 7.4 | 3.8 | 2.0 | N/A | -48.0% |
| Turkey | 0.3 | 0.1 | N/A | N/A | -66.7% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 7.8 | 3.9 | 2.0 | 0.1 | -76.6% |
Top Suppliers of Deformed Non-Alloy Steel Wire Rod to Egypt in 2022:
- Russia (117.5 tons)
- Netherlands (11.8 tons)
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Egypt. 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:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- 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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