Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Sweden - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Sweden (FOB) - 2022
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Sweden (CIF) - 2022
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Sweden
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Sweden
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Sweden (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, not plated or coateds amounted to $2,288 per ton, increasing by 11% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 23%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($4,627 per ton), while the average price for exports to Hungary ($1,384 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 Denmark (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Sweden (CIF) - 2022
The average import price for iron or non-alloy steel wire, not plated or coateds stood at $1,948 per ton in 2022, surging by 28% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% 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 +73.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 36% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($11,310 per ton), while the price for Russia ($1,065 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Sweden
After three years of growth, shipments abroad of iron or non-alloy steel wire, not plated or coateds decreased by -0.6% to 15K tons in 2022. The total export volume increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, the exports reached the peak of 15K tons, leveling off in the following year.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds expanded significantly to $34M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 5.6 | 6.1 | 9.5 | 9.6 | 19.7% |
| United States | 4.5 | 2.4 | 4.7 | 5.2 | 4.9% |
| Finland | 1.4 | 2.0 | 2.8 | 4.6 | 48.7% |
| Denmark | 1.9 | 1.9 | 2.9 | 3.8 | 26.0% |
| Germany | 1.0 | 1.4 | 3.2 | 3.3 | 48.9% |
| Poland | 1.3 | 0.9 | 1.3 | 1.4 | 2.5% |
| Estonia | 0.3 | 0.3 | 0.7 | 0.8 | 38.7% |
| Lithuania | 0.3 | 0.3 | 0.7 | 0.8 | 38.7% |
| Hungary | 0.2 | 0.2 | 0.7 | 0.7 | 51.8% |
| Spain | 0.8 | 1.1 | 1.0 | 0.6 | -9.1% |
| Others | 3.3 | 3.4 | 3.6 | 3.5 | 2.0% |
| Total | 20.7 | 20.0 | 31.1 | 34.2 | 18.2% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Sweden in 2022:
- Finland (3.1K tons)
- Norway (2.9K tons)
- Germany (2.2K tons)
- Denmark (1.7K tons)
- United States (1.1K tons)
- Poland (0.9K tons)
- Estonia (0.6K tons)
- Lithuania (0.6K tons)
- Hungary (0.5K tons)
- Spain (0.2K tons)
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Sweden
In 2022, imports of iron or non-alloy steel wire, not plated or coateds into Sweden fell to 14K tons, waning by -9.2% on the previous year. Overall, imports saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 5.7% against the previous year.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds surged to $27M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. Imports peaked 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 Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.2 | 5.5 | 8.1 | 7.1 | 10.9% |
| Netherlands | 0.5 | 0.5 | 3.7 | 5.7 | 125.1% |
| Spain | 1.8 | 1.7 | 2.4 | 3.7 | 27.1% |
| Italy | 1.0 | 0.3 | 1.2 | 2.0 | 26.0% |
| Poland | 1.2 | 1.7 | 2.4 | 1.8 | 14.5% |
| Czech Republic | 1.2 | 0.8 | 0.6 | 1.6 | 10.1% |
| Finland | 0.6 | N/A | 1.1 | 1.6 | 38.7% |
| Russia | 1.5 | 0.3 | 0.5 | 0.1 | -59.5% |
| Others | 6.0 | 5.5 | 3.5 | 3.7 | -14.9% |
| Total | 19.0 | 16.4 | 23.5 | 27.3 | 12.8% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Sweden in 2022:
- Germany (4.1K tons)
- Spain (2.6K tons)
- Poland (1.3K tons)
- Finland (1.3K tons)
- Netherlands (1.0K tons)
- Italy (1.0K tons)
- Czech Republic (0.9K tons)
- Russia (0.1K tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Sweden.
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This report provides an in-depth analysis of the market for iron and steel wire in Sweden.
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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 Sweden.
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This report provides an in-depth analysis of the market for iron and steel wire in Sweden.
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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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