Price for Hot-Rolled Wire Rod in Coils in Tunisia - 2022
Contents:
- Price for Hot-Rolled Wire Rod in Coils in Tunisia (FOB) - 2022
- Price for Hot-Rolled Wire Rod in Coils in Tunisia (CIF) - 2022
- Exports of Hot-Rolled Wire Rod in Coils in Tunisia
- Imports of Hot-Rolled Wire Rod in Coils in Tunisia
Price for Hot-Rolled Wire Rod in Coils in Tunisia (FOB) - 2022
In December 2022, the average export price for hot-rolled wire rods in coils amounted to $658 per ton, reducing by -8.9% against the previous month. In general, the export price continues to indicate a slight decrease. The pace of growth was the most pronounced in June 2022 when the average export price increased by 20% against the previous month. As a result, the export price reached the peak level of $929 per ton. From July 2022 to December 2022, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($9,993 per ton), while the average price for exports to Libya ($649 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+7.0%), while the prices for the other major destinations experienced a decline.
Price for Hot-Rolled Wire Rod in Coils in Tunisia (CIF) - 2022
The average import price for hot-rolled wire rods in coils stood at $1,708 per ton in December 2022, surging by 113% against the previous month. Over the period under review, the import price showed buoyant growth. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 114% month-to-month. The import price peaked at $2,310 per ton in June 2022; however, from July 2022 to December 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From December 2021 to December 2022, the rate of growth in terms of prices for India amounted to +19.0% per month.
Exports of Hot-Rolled Wire Rod in Coils in Tunisia
For the fourth consecutive year, Tunisia recorded growth in shipments abroad of hot-rolled wire rods in coils, which increased by 0.8% to 68K tons in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 50,313% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, hot-rolled wire rod in coils exports shrank slightly to $50M in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 14,334%. As a result, the exports reached the peak of $52M, and then shrank modestly in the following year.
Export of Hot-Rolled Wire Rod in Coils in Tunisia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | N/A | N/A | 17.8 | 31.3 | 75.8% |
Italy | N/A | N/A | 8.6 | 11.5 | 33.7% |
Portugal | N/A | N/A | N/A | 5.9 | 0% |
Jordan | N/A | N/A | 5.1 | N/A | 0% |
Senegal | N/A | N/A | 2.1 | N/A | 0% |
United Kingdom | N/A | N/A | 2.9 | N/A | 0% |
Romania | N/A | N/A | 4.6 | N/A | 0% |
Others | 0.2 | 0.4 | 10.8 | 1.6 | 100.0% |
Total | 0.2 | 0.4 | 52.0 | 50.3 | 531.2% |
Top Export Markets for Hot-Rolled Wire Rod in Coils from Tunisia in 2022:
- Spain (43.4K tons)
- Italy (16.3K tons)
- Portugal (6.3K tons)
Imports of Hot-Rolled Wire Rod in Coils in Tunisia
In 2022, the amount of hot-rolled wire rods in coils imported into Tunisia declined remarkably to 25K tons, with a decrease of -39.9% on the year before. Overall, imports saw a precipitous curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 16%.
In value terms, hot-rolled wire rod in coils imports reduced notably to $21M in 2022. Over the period under review, imports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 96% against the previous year.
Import of Hot-Rolled Wire Rod in Coils in Tunisia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.6 | 2.1 | 3.3 | 4.0 | -10.6% |
Spain | 9.4 | 3.6 | 11.9 | 4.0 | -24.8% |
Turkey | 10.1 | 3.0 | 4.4 | 3.2 | -31.8% |
Egypt | 4.8 | 2.6 | 2.3 | 2.6 | -18.5% |
India | 1.2 | 1.2 | 6.2 | 2.0 | 18.6% |
Germany | 2.6 | 1.7 | 1.5 | 2.0 | -8.4% |
Russia | 4.9 | 0.4 | 1.1 | 1.7 | -29.7% |
Ukraine | 1.9 | 0.5 | 0.6 | 0.6 | -31.9% |
Italy | 3.0 | 1.9 | 1.6 | 0.3 | -53.6% |
Others | 1.4 | 0.8 | 1.9 | 0.2 | -47.7% |
Total | 44.8 | 17.7 | 34.8 | 20.7 | -22.7% |
Top Suppliers of Hot-Rolled Wire Rod in Coils to Tunisia in 2022:
- Spain (4.3K tons)
- Turkey (3.6K tons)
- China (3.6K tons)
- Russia (3.6K tons)
- Germany (3.2K tons)
- Egypt (2.8K tons)
- India (2.2K tons)
- Ukraine (1.3K tons)
- Italy (0.3K tons)
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