Greece - 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 Greece - 2023
Contents:
- Price for Deformed Non-Alloy Steel Wire Rod in Greece (FOB) - 2023
- Price for Deformed Non-Alloy Steel Wire Rod in Greece (CIF) - 2022
- Exports of Deformed Non-Alloy Steel Wire Rod in Greece
- Imports of Deformed Non-Alloy Steel Wire Rod in Greece
Price for Deformed Non-Alloy Steel Wire Rod in Greece (FOB) - 2023
In June 2023, the average export price for ribbed or other deformed wire rod of non-alloy steel amounted to $667 per ton, dropping by -3.2% against the previous month. Overall, the export price saw a mild decrease. The most prominent rate of growth was recorded in December 2022 an increase of 13% against the previous month. The export price peaked at $844 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In June 2023, the highest price was recorded for prices to North Macedonia ($743 per ton) and Kosovo ($688 per ton), while the average price for exports to Cyprus ($658 per ton) and Bulgaria ($664 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+0.4%), while the prices for the other major destinations experienced a decline.
Price for Deformed Non-Alloy Steel Wire Rod in Greece (CIF) - 2022
In 2022, the average import price for ribbed or other deformed wire rod of non-alloy steel amounted to $845 per ton, increasing by 17% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 +73.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 48%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +14.2% per year.
Exports of Deformed Non-Alloy Steel Wire Rod in Greece
In 2022, shipments abroad of ribbed or other deformed wire rod of non-alloy steel decreased by -14% to 225K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 11% against the previous year.
In value terms, deformed non-alloy steel wire rod exports expanded to $204M in 2022. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 61%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Export of Deformed Non-Alloy Steel Wire Rod in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 62.9 | 71.5 | 124 | 109 | 20.1% |
| Bulgaria | 27.0 | 30.1 | 42.7 | 55.0 | 26.8% |
| United Kingdom | N/A | 2.6 | 2.4 | 8.8 | 84.0% |
| Malta | 3.7 | 2.5 | 4.1 | 7.4 | 26.0% |
| Serbia | 10.8 | 6.1 | 7.7 | 5.4 | -20.6% |
| Cyprus | 4.4 | 3.5 | 6.4 | 5.1 | 5.0% |
| Ireland | 0.5 | 1.7 | 2.8 | 3.9 | 98.3% |
| North Macedonia | 3.9 | 2.2 | 2.8 | 2.6 | -12.6% |
| Others | 2.6 | 3.1 | 5.3 | 7.2 | 40.4% |
| Total | 116 | 123 | 199 | 204 | 20.7% |
Top Export Markets for Deformed Non-Alloy Steel Wire Rod from Greece in 2022:
- Romania (119.1K tons)
- Bulgaria (58.4K tons)
- United Kingdom (10.8K tons)
- Malta (8.6K tons)
- Serbia (6.4K tons)
- Cyprus (6.0K tons)
- Ireland (4.1K tons)
- North Macedonia (3.3K tons)
Imports of Deformed Non-Alloy Steel Wire Rod in Greece
In 2022, purchases abroad of ribbed or other deformed wire rod of non-alloy steel decreased by -52.5% to 197 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 32,453%. As a result, imports attained the peak of 1.3K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, deformed non-alloy steel wire rod imports shrank dramatically to $166K in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 27,617% against the previous year. As a result, imports reached the peak of $619K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Deformed Non-Alloy Steel Wire Rod in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 607 | 299 | 166 | -47.7% |
| Others | 2.2 | 11.7 | 1.2 | N/A | -26.1% |
| Total | 2.2 | 619 | 300 | 166 | 322.6% |
Top Suppliers of Deformed Non-Alloy Steel Wire Rod to Greece in 2022:
- Italy (197.1 tons)
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Greece. 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:
- Greece
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Greece
- 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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