Pakistan - Hot-Rolled Non-Alloy Steel Wire Rods - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Hot-Rolled Non-Alloy Steel Wire Rod in Pakistan - 2023
Contents:
- Price for Hot-Rolled Non-Alloy Steel Wire Rod in Pakistan (CIF) - 2023
- Price for Hot-Rolled Non-Alloy Steel Wire Rod in Pakistan (FOB) - 2022
- Imports of Hot-Rolled Non-Alloy Steel Wire Rod in Pakistan
- Exports of Hot-Rolled Non-Alloy Steel Wire Rod in Pakistan
Price for Hot-Rolled Non-Alloy Steel Wire Rod in Pakistan (CIF) - 2023
The average import price for hot-rolled non-alloy steel wire rods stood at $442 per ton in February 2023, waning by -34.4% against the previous month. Overall, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in March 2022 when the average import price increased by 8.2% month-to-month. Over the period under review, average import prices hit record highs at $1,007 per ton in October 2022; however, from November 2022 to February 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In February 2023, the country with the highest price was Iran ($611 per ton), while the price for China stood at $430 per ton.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hot-Rolled Non-Alloy Steel Wire Rod in Pakistan (FOB) - 2022
The average export price for hot-rolled non-alloy steel wire rods stood at $267 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 13%. The export price peaked at $941 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($843 per ton), while the average price for exports to Afghanistan totaled $255 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-2.7%).
Imports of Hot-Rolled Non-Alloy Steel Wire Rod in Pakistan
In 2022, approx. 18K tons of hot-rolled non-alloy steel wire rods were imported into Pakistan; growing by 8.3% compared with 2021. Over the period under review, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 93% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, hot-rolled non-alloy steel wire rod imports soared to $16M in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 134%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Hot-Rolled Non-Alloy Steel Wire Rod in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,937 | 2,282 | 4,104 | 4,606 | 16.2% |
| Ukraine | 518 | 461 | 748 | 1,912 | 54.5% |
| Brazil | 257 | 328 | 603 | 1,813 | 91.8% |
| Thailand | 531 | 497 | 766 | 1,648 | 45.9% |
| Germany | 193 | 389 | 636 | 1,159 | 81.8% |
| Spain | 265 | 276 | 2,846 | 753 | 41.6% |
| Vietnam | 364 | 51.4 | 452 | 711 | 25.0% |
| Indonesia | 224 | 75.9 | 159 | 576 | 37.0% |
| Japan | 179 | 108 | 91.6 | 427 | 33.6% |
| Iran | 121 | 101 | 59.5 | 383 | 46.8% |
| United Arab Emirates | 362 | 134 | 132 | 286 | -7.6% |
| Belgium | 57.0 | 44.5 | 89.8 | 220 | 56.9% |
| Kuwait | 46.5 | 69.1 | 108 | 68.4 | 13.7% |
| Others | 515 | 573 | 1,835 | 1,817 | 52.2% |
| Total | 6,571 | 5,389 | 12,631 | 16,380 | 35.6% |
Top Suppliers of Hot-Rolled Non-Alloy Steel Wire Rod to Pakistan in 2022:
- China (5.3K tons)
- Brazil (2.9K tons)
- Thailand (1.5K tons)
- Vietnam (1.2K tons)
- Germany (0.9K tons)
- Spain (0.9K tons)
- Indonesia (0.7K tons)
- Japan (0.6K tons)
- Kuwait (0.6K tons)
- Ukraine (0.5K tons)
- Iran (0.5K tons)
- United Arab Emirates (0.5K tons)
- Belgium (0.4K tons)
Exports of Hot-Rolled Non-Alloy Steel Wire Rod in Pakistan
In 2022, approx. 79 tons of hot-rolled non-alloy steel wire rods were exported from Pakistan; stabilizing at the previous year. Overall, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 28%.
In value terms, hot-rolled non-alloy steel wire rod exports totaled $21K in 2022. Over the period under review, exports, however, showed a sharp shrinkage.
| Export of Hot-Rolled Non-Alloy Steel Wire Rod in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 53.9 | 17.9 | 3.8 | 19.8 | -28.4% |
| United Arab Emirates | 1.6 | 1.3 | 0.8 | 1.0 | -14.5% |
| Qatar | N/A | N/A | 15.7 | N/A | 0% |
| Others | N/A | 2.9 | 0.7 | 0.4 | -62.9% |
| Total | 55.6 | 22.1 | 20.9 | 21.2 | -27.5% |
Top Export Markets for Hot-Rolled Non-Alloy Steel Wire Rod from Pakistan in 2022:
- Afghanistan (77.7 tons)
- United Arab Emirates (1.2 tons)
This report provides an in-depth analysis of the market for hot-rolled non-alloy steel wire rod in Pakistan. 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)
- Prodcom 24106120 - Wire rod of free-cutting steel
- Prodcom 24106130 - Wire rod used for concrete reinforcing (mesh/cold ribbed bars)
- Prodcom 24106140 - Wire rod for tyre cord
- Prodcom 24106190 - Other wire rod (of non-alloy steel)
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
121
This report provides an in-depth analysis of the market for hot-rolled non-alloy steel wire rod in Pakistan.
225
This report provides an in-depth analysis of the hot-rolled wire rod market in Pakistan.
450
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in Pakistan.
397
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Pakistan.
313
This report provides an in-depth analysis of the market for tyre cord wire rod in Pakistan.
363
This report provides an in-depth analysis of the market for free-cutting steel wire rod in Pakistan.
279
This report provides an in-depth analysis of the market for concrete reinforcing wire rod in Pakistan.
169
This report provides an in-depth analysis of the global market for hot-rolled non-alloy steel wire rod.
374
Global Hot-Rolled Wire Rod Market Report 2018. This report provides an in-depth analysis of the global hot-rolled wire rod market.
1652
This report provides an in-depth analysis of the global market for hot-rolled steel bar and rod.
231
Explore the top import markets for hot-rolled non-alloy steel wire rod including the United States, Germany, Netherlands, and more. Understand the demand and key statistics in these global markets.
117
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
1441
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
4215
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
1125
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o
231
Explore the top import markets for hot-rolled non-alloy steel wire rod including the United States, Germany, Netherlands, and more. Understand the demand and key statistics in these global markets.
117
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
1441
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
4215
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
1125
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o
