Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Austria - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Austria (FOB) - 2024
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Austria (CIF) - 2024
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Austria
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Austria
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Austria (FOB) - 2024
The average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $6,317 per ton in January 2024, reducing by -3.1% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 an increase of 129% month-to-month. As a result, the export price attained the peak level of $7,624 per ton. From August 2023 to January 2024, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In January 2024, the country with the highest price was Switzerland ($6,778 per ton), while the average price for exports to the UK amounted to $4,852 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Austria (CIF) - 2024
In January 2024, the average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $2,143 per ton, rising by 36% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $2,254 per ton in July 2023; however, from August 2023 to January 2024, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From January 2023 to January 2024, the rate of growth in terms of prices for Germany amounted to +3.8% per month.
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Austria
After three years of growth, shipments abroad of iron or non-alloy steel wire, plated or coated with non-zinc base metalses decreased by -46.9% to 7.3K tons in 2022. Over the period under review, exports saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 37%. As a result, the exports attained the peak of 14K tons, and then shrank rapidly in the following year.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses contracted significantly to $17M in 2022. In general, exports saw a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 50%. As a result, the exports attained the peak of $24M, and then shrank significantly in the following year.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.1 | 6.4 | 10.6 | 5.4 | 37.0% |
| China | 8.5 | 2.0 | 2.6 | 3.2 | -27.8% |
| Germany | 0.7 | 0.9 | 1.5 | 1.8 | 37.0% |
| Czech Republic | 1.3 | 2.2 | 2.7 | 1.4 | 2.5% |
| Portugal | 2.6 | 2.6 | 3.1 | 1.0 | -27.3% |
| Switzerland | 0.8 | 0.7 | 0.8 | 1.0 | 7.7% |
| United Kingdom | 0.1 | 0.4 | 0.9 | 0.9 | 108.0% |
| Poland | 0.6 | N/A | N/A | 0.5 | -5.9% |
| Slovakia | 0.9 | N/A | N/A | 0.5 | -17.8% |
| Hungary | 0.4 | 0.5 | 0.6 | 0.3 | -9.1% |
| Romania | 3.2 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.3 | 1.0 | 1.0 | 71.0% |
| Total | 21.4 | 15.9 | 23.9 | 17.1 | -7.2% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Austria in 2022:
- Italy (3852.6 tons)
- Czech Republic (839.7 tons)
- Portugal (693.6 tons)
- China (451.5 tons)
- Slovakia (306.0 tons)
- United Kingdom (252.8 tons)
- Germany (218.5 tons)
- Poland (209.0 tons)
- Switzerland (190.0 tons)
- Hungary (173.8 tons)
- Romania (0.5 tons)
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Austria
In 2022, after three years of growth, there was significant decline in supplies from abroad of iron or non-alloy steel wire, plated or coated with non-zinc base metalses, when their volume decreased by -35% to 9.1K tons. Over the period under review, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports attained the peak of 14K tons, and then plummeted in the following year.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses shrank remarkably to $15M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.6% 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 +35.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 40%. As a result, imports attained the peak of $19M, and then declined sharply in the following year.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 3.3 | 8.1 | 13.1 | 6.4 | 24.7% |
| China | N/A | 0.5 | N/A | 2.3 | 114.5% |
| France | 2.8 | 1.0 | 1.8 | 1.7 | -15.3% |
| Slovakia | 1.1 | 0.9 | 1.0 | 1.5 | 10.9% |
| Czech Republic | 1.6 | 0.8 | 0.6 | 1.4 | -4.4% |
| Germany | 1.3 | 1.3 | 1.5 | 0.9 | -11.5% |
| Italy | 0.8 | 0.4 | 0.4 | 0.5 | -14.5% |
| Poland | 0.1 | 0.4 | 0.7 | 0.4 | 58.7% |
| Others | 0.2 | 0.4 | 0.3 | 0.3 | 14.5% |
| Total | 11.3 | 13.9 | 19.5 | 15.3 | 10.6% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Austria in 2022:
- Belarus (4.7K tons)
- China (1.1K tons)
- France (0.9K tons)
- Czech Republic (0.8K tons)
- Slovakia (0.7K tons)
- Italy (0.3K tons)
- Poland (0.3K tons)
- Germany (0.3K tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Austria.
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This report provides an in-depth analysis of the market for iron and steel wire in Austria.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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