Netherlands - Hot-Rolled Non-Alloy Steel Wire Rods - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Netherlands - Hot-Rolled Non-Alloy Steel Wire Rods - Market Analysis, Forecast, Size, Trends And Insights

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Price for Hot-Rolled Non-Alloy Steel Wire Rod in the Netherlands - 2023

Contents:

  1. Price for Hot-Rolled Non-Alloy Steel Wire Rod in the Netherlands (CIF) - 2023
  2. Price for Hot-Rolled Non-Alloy Steel Wire Rod in the Netherlands (FOB) - 2023
  3. Imports of Hot-Rolled Non-Alloy Steel Wire Rod in the Netherlands
  4. Exports of Hot-Rolled Non-Alloy Steel Wire Rod in the Netherlands

Price for Hot-Rolled Non-Alloy Steel Wire Rod in the Netherlands (CIF) - 2023

In July 2023, the average import price for hot-rolled non-alloy steel wire rods amounted to $438 per ton, reducing by -28.3% against the previous month. Over the period under review, the import price recorded a perceptible reduction. The growth pace was the most rapid in October 2022 an increase of 71% m-o-m. Over the period under review, average import prices hit record highs at $770 per ton in August 2022; however, from September 2022 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the UK ($692 per ton), while the price for Belgium ($253 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hot-Rolled Non-Alloy Steel Wire Rod in the Netherlands (FOB) - 2023

The average export price for hot-rolled non-alloy steel wire rods stood at $800 per ton in July 2023, surging by 3.2% against the previous month. Overall, the export price, however, showed a noticeable setback. The pace of growth was the most pronounced in September 2022 when the average export price increased by 63% m-o-m. The export price peaked at $1,261 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($1,802 per ton), while the average price for exports to Romania ($643 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+6.7%), while the prices for the other major destinations experienced a decline.

Imports of Hot-Rolled Non-Alloy Steel Wire Rod in the Netherlands

In 2022, supplies from abroad of hot-rolled non-alloy steel wire rods was finally on the rise to reach 1.3M tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a pronounced descent.

In value terms, hot-rolled non-alloy steel wire rod imports expanded rapidly to $856M in 2022. The total import value increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Hot-Rolled Non-Alloy Steel Wire Rod in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15515714624015.7%
United Kingdom26.533.787.311161.2%
Belgium14277.3135104-9.9%
IndonesiaN/AN/AN/A83.70%
Russia14.970.262.450.850.5%
United Arab EmiratesN/AN/A29.248.064.4%
Turkey10427.395.345.4-24.1%
Spain14.515.513.727.323.5%
AlgeriaN/AN/A33.324.6-26.1%
Belarus85.369.160.022.6-35.8%
Italy2.07.822.820.6117.6%
France40.513.813.617.5-24.4%
GreeceN/AN/A6.913.494.2%
Others10710958.746.2-24.4%
Total6925817658567.3%

Top Suppliers of Hot-Rolled Non-Alloy Steel Wire Rod to the Netherlands in 2022:

  1. Germany (421.3K tons)
  2. Belgium (187.4K tons)
  3. United Kingdom (96.9K tons)
  4. Indonesia (89.6K tons)
  5. Spain (77.9K tons)
  6. Russia (59.3K tons)
  7. Turkey (59.0K tons)
  8. United Arab Emirates (53.3K tons)
  9. Italy (47.4K tons)
  10. France (39.0K tons)
  11. Greece (35.4K tons)
  12. Belarus (27.7K tons)
  13. Algeria (24.3K tons)

Exports of Hot-Rolled Non-Alloy Steel Wire Rod in the Netherlands

In 2022, approx. 200K tons of hot-rolled non-alloy steel wire rods were exported from the Netherlands; picking up by 56% on 2021 figures. In general, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 105% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, hot-rolled non-alloy steel wire rod exports skyrocketed to $203M in 2022. Overall, exports showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 232%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Hot-Rolled Non-Alloy Steel Wire Rod in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany33.412.261.711350.1%
Italy4.57.628.738.6104.7%
PolandN/A0.11.111.0948.8%
RomaniaN/AN/A3.310.9230.3%
Belgium12.04.03.78.8-9.8%
SlovakiaN/AN/A0.57.71440.0%
Others12.29.110.913.32.9%
Total62.233.111020348.3%

Top Export Markets for Hot-Rolled Non-Alloy Steel Wire Rod from the Netherlands in 2022:

  1. Germany (126.3K tons)
  2. Italy (22.0K tons)
  3. Poland (12.7K tons)
  4. Belgium (11.3K tons)
  5. Romania (9.6K tons)
  6. Slovakia (7.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for hot-rolled non-alloy steel wire rod in the Netherlands. 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:

  • Netherlands

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Netherlands
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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