Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Israel - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Israel (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Israel (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Israel
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Israel
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Israel (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel wire, not plated or coateds amounted to $1,480 per ton, with an increase of 25% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or non-alloy steel wire, not plated or coateds increased by +65.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 31% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Romania ($1,480 per ton) and China ($1,480 per ton), while the price for Italy ($1,480 per ton) and Germany ($1,480 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Israel (FOB) - 2022
The average export price for iron or non-alloy steel wire, not plated or coateds stood at $6,000 per ton in 2022, remaining stable against the previous year. Overall, the export price enjoyed significant growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 134%. The export price peaked in 2022 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Djibouti.
From 2013 to 2022, the rate of growth in terms of prices for Ghana amounted to +23.1% per year.
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Israel
In 2022, approx. 17K tons of iron or non-alloy steel wire, not plated or coateds were imported into Israel; with an increase of 8.1% on the previous year. The total import volume increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 22%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds soared to $25M in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 60%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 3.2 | 3.8 | 6.1 | 9.7 | 44.7% |
| China | 2.0 | 1.5 | 3.4 | 5.0 | 35.7% |
| Czech Republic | 1.2 | 1.8 | 2.2 | 2.2 | 22.4% |
| Spain | 1.2 | 1.2 | 2.0 | 1.9 | 16.6% |
| Germany | 0.6 | 0.6 | 1.0 | 1.2 | 26.0% |
| Italy | 0.7 | 0.5 | 0.8 | 1.1 | 16.3% |
| Netherlands | 0.4 | 0.3 | 0.7 | 0.6 | 14.5% |
| Slovakia | 0.8 | 0.3 | 0.3 | N/A | -38.8% |
| Others | 1.4 | 1.4 | 1.8 | 2.8 | 26.0% |
| Total | 11.4 | 11.4 | 18.2 | 24.6 | 29.2% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Israel in 2022:
- Turkey (6.5K tons)
- China (3.3K tons)
- Czech Republic (1.5K tons)
- Spain (1.3K tons)
- Italy (0.8K tons)
- Germany (0.8K tons)
- Netherlands (0.4K tons)
Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Israel
After two years of decline, shipments abroad of iron or non-alloy steel wire, not plated or coateds decreased by 0% to 500 kg in 2022. In general, exports continue to indicate a sharp contraction. The smallest decline of 99.9% was in 2020.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds totaled $3K in 2022. Overall, exports saw significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Djibouti | N/A | N/A | N/A | 3.0 | 0% |
| Others | 1.0 | N/A | N/A | N/A | 0% |
| Total | 1.0 | N/A | N/A | 3.0 | 44.2% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Israel in 2022:
- Djibouti (500.0 kg)
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