Netherlands - Hot-Rolled Wire Rod - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Hot-Rolled Wire Rod in Coils in the Netherlands - 2023
Contents:
- Price for Hot-Rolled Wire Rod in Coils in the Netherlands (CIF) - 2023
- Price for Hot-Rolled Wire Rod in Coils in the Netherlands (FOB) - 2023
- Imports of Hot-Rolled Wire Rod in Coils in the Netherlands
- Exports of Hot-Rolled Wire Rod in Coils in the Netherlands
Price for Hot-Rolled Wire Rod in Coils in the Netherlands (CIF) - 2023
The average import price for hot-rolled wire rods in coils stood at $572 per ton in December 2023, increasing by 14% against the previous month. Over the period under review, the import price, however, continues to indicate a slight setback. The growth pace was the most rapid in May 2023 an increase of 25% m-o-m. As a result, import price attained the peak level of $687 per ton. From June 2023 to December 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the UK ($749 per ton), while the price for the Czech Republic ($379 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hot-Rolled Wire Rod in Coils in the Netherlands (FOB) - 2023
In December 2023, the average export price for hot-rolled wire rods in coils amounted to $1,447 per ton, reducing by -17.2% against the previous month. Overall, export price indicated pronounced growth from December 2022 to December 2023: its price increased at an average monthly rate of +4.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, hot-rolled wire rod in coils export price increased by +6.9% against August 2023 indices. The growth pace was the most rapid in November 2023 an increase of 31% m-o-m. As a result, the export price attained the peak level of $1,748 per ton, and then fell sharply in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($1,635 per ton), while the average price for exports to Lithuania ($381 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Hot-Rolled Wire Rod in Coils in the Netherlands
In 2022, overseas purchases of hot-rolled wire rods in coils increased by 4.7% to 1.3M tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a noticeable decline.
In value terms, hot-rolled wire rod in coils imports rose sharply to $846M in 2022. The total import value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 31%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Hot-Rolled Wire Rod in Coils in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 156 | 157 | 147 | 222 | 12.5% |
| United Kingdom | 26.6 | 33.7 | 87.9 | 102 | 56.5% |
| Belgium | 142 | 77.3 | 135 | 96.2 | -12.2% |
| Indonesia | N/A | N/A | N/A | 74.6 | 0% |
| Russia | 14.9 | 70.3 | 62.4 | 49.5 | 49.2% |
| United Arab Emirates | N/A | N/A | 29.1 | 43.7 | 50.2% |
| Turkey | 104 | 27.3 | 95.3 | 42.8 | -25.6% |
| Spain | 14.5 | 15.5 | 13.7 | 25.8 | 21.2% |
| Algeria | N/A | N/A | 33.3 | 23.0 | -30.9% |
| Belarus | 85.3 | 69.1 | 59.9 | 22.2 | -36.2% |
| Italy | 4.8 | 8.3 | 23.2 | 19.4 | 59.3% |
| France | 40.5 | 13.9 | 13.5 | 18.8 | -22.6% |
| Greece | N/A | N/A | 6.9 | 13.2 | 91.3% |
| Others | 116 | 128 | 76.1 | 92.5 | -7.3% |
| Total | 704 | 600 | 783 | 846 | 6.3% |
Top Suppliers of Hot-Rolled Wire Rod in Coils to the Netherlands in 2022:
- Germany (417.2K tons)
- Belgium (214.5K tons)
- United Kingdom (96.3K tons)
- Indonesia (89.6K tons)
- Spain (77.9K tons)
- Russia (59.3K tons)
- Turkey (59.0K tons)
- United Arab Emirates (53.3K tons)
- Italy (47.0K tons)
- France (46.8K tons)
- Greece (35.4K tons)
- Belarus (27.7K tons)
- Algeria (24.3K tons)
Exports of Hot-Rolled Wire Rod in Coils in the Netherlands
In 2022, the amount of hot-rolled wire rods in coils exported from the Netherlands skyrocketed to 208K tons, with an increase of 58% against the previous year's figure. Overall, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 104% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, hot-rolled wire rod in coils exports surged to $243M in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 209% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Hot-Rolled Wire Rod in Coils in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 33.9 | 15.7 | 67.4 | 148 | 63.4% |
| Italy | 4.5 | 7.7 | 29.7 | 36.1 | 100.2% |
| Poland | N/A | 0.1 | 4.3 | 10.2 | 910.0% |
| Romania | N/A | N/A | 3.7 | 10.1 | 173.0% |
| Belgium | 12.0 | 4.0 | 3.7 | 8.5 | -10.9% |
| Slovakia | N/A | N/A | 0.5 | 7.3 | 1360.0% |
| Denmark | 0.7 | 0.2 | N/A | 3.0 | 62.4% |
| Turkey | 2.6 | 3.7 | 1.1 | 2.5 | -1.3% |
| Others | 15.8 | 9.2 | 15.3 | 16.8 | 2.1% |
| Total | 69.6 | 40.7 | 126 | 243 | 51.7% |
Top Export Markets for Hot-Rolled Wire Rod in Coils from the Netherlands in 2022:
- Germany (125.4K tons)
- Italy (22.1K tons)
- Romania (13.6K tons)
- Poland (11.4K tons)
- Belgium (10.7K tons)
- Slovakia (7.4K tons)
- Denmark (5.5K tons)
- Turkey (2.0K tons)
This report provides an in-depth analysis of the hot-rolled wire rod market 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 2025.
Product coverage:
- Prodcom 2410T231 - Hot-rolled wire rod
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:
- 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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