Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Pakistan - 2023
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Pakistan (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Pakistan (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Pakistan
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Pakistan
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Pakistan (CIF) - 2022
The average import price for iron or non-alloy steel wire, not plated or coateds stood at $747 per ton in 2022, declining by -8% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 243% against the previous year. As a result, import price reached the peak level of $3,390 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Iran ($883 per ton), while the price for China ($645 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Pakistan (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, not plated or coateds amounted to $2,573 per ton, remaining stable against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($42,272 per ton), while the average price for exports to Tajikistan ($742 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+374.2%).
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Pakistan
In 2022, imports of iron or non-alloy steel wire, not plated or coateds into Pakistan contracted remarkably to 923 tons, falling by -19.2% compared with the year before. Over the period under review, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 109%.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds declined significantly to $689K in 2022. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 65%.
| Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 446 | 409 | 425 | 345 | -8.2% |
| China | 403 | 148 | 345 | 301 | -9.3% |
| Iran | 77.9 | N/A | N/A | 41.4 | -19.0% |
| Thailand | N/A | N/A | 139 | N/A | 0% |
| Others | 63.5 | 4.3 | 18.9 | 2.0 | -68.4% |
| Total | 990 | 561 | 928 | 689 | -11.4% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Pakistan in 2022:
- China (467.3 tons)
- Taiwan (Chinese) (405.4 tons)
- Iran (46.9 tons)
Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Pakistan
Exports of iron or non-alloy steel wire, not plated or coateds from Pakistan amounted to 13 tons in 2022, standing approx. at 2021. Over the period under review, exports showed a significant decrease. The smallest decline of 99.9% was in 2021.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds stood at $32K in 2022. Overall, exports enjoyed a significant expansion. The smallest decline of 99.9% was in 2021. 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 Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 12.8 | N/A | 17.1 | 15.6% | |
| Tajikistan | N/A | N/A | 8.4 | 0% | |
| Canada | 2.7 | N/A | 5.7 | 45.3% | |
| Germany | 5.3 | N/A | N/A | 0% | |
| Others | 0.1 | N/A | 0.9 | 200.0% | |
| Total | 20.9 | N/A | 32.2 | 24.1% | |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Pakistan in 2022:
- Tajikistan (11.3 tons)
- Canada (0.6 tons)
- United States (0.4 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Pakistan.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the market for iron and steel wire in Pakistan.
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This report provides an in-depth analysis of the market for iron and steel wire in Pakistan.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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