Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Greece - 2024

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Greece (CIF) - 2022
  2. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Greece (FOB) - 2022
  3. Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Greece
  4. Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Greece

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Greece (CIF) - 2022

In 2022, the average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $2,102 per ton, with an increase of 27% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($6,647 per ton), while the price for China ($1,478 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Greece (FOB) - 2022

The average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $2,449 per ton in 2022, reducing by -84.3% against the previous year. Overall, the export price, however, showed a prominent expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 156%. Over the period under review, the average export prices reached the peak figure at $15,600 per ton in 2021, and then contracted dramatically in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kosovo ($2,467 per ton), while the average price for exports to Albania stood at $2,157 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Greece

After three years of growth, purchases abroad of iron or non-alloy steel wire, plated or coated with non-zinc base metalses decreased by -34.6% to 564 tons in 2022. In general, imports recorded a perceptible descent. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year.

In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses dropped dramatically to $1.2M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. As a result, imports attained the peak of $1.4M, and then reduced notably in the following year.

Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5877619226614.0%
China1551302321611.3%
Brazil29.036.7N/A14169.4%
Netherlands2.72.110298.6231.8%
TurkeyN/A16.028.361.996.7%
Germany36.824.159.750.010.8%
VietnamN/A59.051.1N/A-13.4%
Others58.110.031.412.1-40.7%
Total8681,0381,4271,18510.9%

Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Greece in 2022:

  1. Italy (360.3 tons)
  2. China (108.9 tons)
  3. Netherlands (37.2 tons)
  4. Brazil (21.2 tons)
  5. Turkey (17.4 tons)
  6. Germany (14.2 tons)

Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Greece

In 2022, after three years of growth, there was significant decline in overseas shipments of iron or non-alloy steel wire, plated or coated with non-zinc base metalses, when their volume decreased by -12.7% to 2.4 tons. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.6% 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 +31.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 46% against the previous year. As a result, the exports reached the peak of 2.8 tons, and then reduced 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 $6K in 2022. Overall, exports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 163% against the previous year.

Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KosovoN/AN/AN/A5.70%
Albania2.0N/A0.10.3-46.9%
Cyprus5.622.543.3N/A178.1%
Italy1.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total8.622.543.46.0-11.3%

Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Greece in 2022:

  1. Kosovo (2.3 tons)
  2. Albania (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Iron or non-alloy steel; wire, plated or coated with base metals (other than zinc) - Greece