Lithuania - 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 Lithuania - 2023
Contents:
- Price for Deformed Non-Alloy Steel Wire Rod in Lithuania (CIF) - 2023
- Price for Deformed Non-Alloy Steel Wire Rod in Lithuania (FOB) - 2023
- Imports of Deformed Non-Alloy Steel Wire Rod in Lithuania
- Exports of Deformed Non-Alloy Steel Wire Rod in Lithuania
Price for Deformed Non-Alloy Steel Wire Rod in Lithuania (CIF) - 2023
In September 2023, the average import price for ribbed or other deformed wire rod of non-alloy steel amounted to $688 per ton, reducing by -4.1% against the previous month. Over the period under review, the import price showed a mild reduction. The most prominent rate of growth was recorded in November 2022 an increase of 15% against the previous month. As a result, import price reached the peak level of $931 per ton. From December 2022 to September 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Germany ($720 per ton) and Ukraine ($692 per ton), while the price for Italy ($614 per ton) and Poland ($688 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Ukraine (-0.2%), while the prices for the other major suppliers experienced a decline.
Price for Deformed Non-Alloy Steel Wire Rod in Lithuania (FOB) - 2023
In September 2023, the average export price for ribbed or other deformed wire rod of non-alloy steel amounted to $749 per ton, reducing by -2.1% against the previous month. Over the period under review, the export price showed a noticeable decrease. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 1.2% month-to-month. The export price peaked at $1,016 per ton in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In September 2023, the countries with the highest prices were Iceland ($976 per ton) and Finland ($789 per ton), while the average price for exports to Latvia ($702 per ton) and Sweden ($706 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (-0.3%), while the prices for the other major destinations experienced a decline.
Imports of Deformed Non-Alloy Steel Wire Rod in Lithuania
In 2022, imports of ribbed or other deformed wire rod of non-alloy steel into Lithuania soared to 25K tons, rising by 35% against the year before. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 110% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, deformed non-alloy steel wire rod imports soared to $25M in 2022. In general, imports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 203%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Deformed Non-Alloy Steel Wire Rod in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | 2.5 | 2.7 | 10.2 | 102.0% |
| Germany | 1.5 | 1.6 | 3.8 | 5.8 | 57.0% |
| Ukraine | N/A | N/A | 7.8 | 4.0 | -48.7% |
| Italy | 0.1 | 0.2 | 1.2 | 1.8 | 162.1% |
| Poland | 0.8 | 0.7 | 0.9 | 1.5 | 23.3% |
| Belgium | N/A | N/A | N/A | 1.2 | 0% |
| Others | 0.5 | 0.5 | 0.4 | 1.0 | 26.0% |
| Total | 3.0 | 5.5 | 16.8 | 25.5 | 104.1% |
Top Suppliers of Deformed Non-Alloy Steel Wire Rod to Lithuania in 2022:
- Spain (9.2K tons)
- Germany (5.4K tons)
- Ukraine (4.7K tons)
- Italy (1.9K tons)
- Poland (1.6K tons)
- Belgium (1.0K tons)
Exports of Deformed Non-Alloy Steel Wire Rod in Lithuania
After two years of decline, shipments abroad of ribbed or other deformed wire rod of non-alloy steel increased by 122% to 9.1K tons in 2022. Overall, exports posted strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, deformed non-alloy steel wire rod exports skyrocketed to $9.8M in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Deformed Non-Alloy Steel Wire Rod in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 1,691 | 715 | 1,771 | 2,981 | 20.8% |
| Norway | N/A | 71.7 | N/A | 2,015 | 430.1% |
| Finland | 1,088 | 976 | 540 | 1,639 | 14.6% |
| Sweden | 679 | 28.7 | 1,033 | 1,193 | 20.7% |
| Estonia | 434 | 655 | 327 | 872 | 26.2% |
| Iceland | N/A | N/A | N/A | 555 | 0% |
| Poland | N/A | N/A | 302 | 522 | 72.8% |
| Others | 14.0 | 15.6 | N/A | N/A | 11.4% |
| Total | 3,906 | 2,462 | 3,973 | 9,777 | 35.8% |
Top Export Markets for Deformed Non-Alloy Steel Wire Rod from Lithuania in 2022:
- Latvia (3.0K tons)
- Finland (1.5K tons)
- Norway (1.5K tons)
- Sweden (1.2K tons)
- Estonia (0.8K tons)
- Iceland (0.5K tons)
- Poland (0.5K tons)
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Lithuania. 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:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- 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
-
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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