Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Ireland - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Ireland (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Ireland (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Ireland
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Ireland
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Ireland (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 $2,265 per ton, increasing by 18% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.1% 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, plated or coated with non-zinc base metalses increased by +59.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 35% 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.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($2,377 per ton), while the price for Spain ($1,275 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.8%), 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 Ireland (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $827 per ton, rising by 41% against the previous year. Overall, the export price, however, continues to indicate a mild decline. The pace of growth was the most pronounced in 2020 an increase of 43%. Over the period under review, the average export prices reached the peak figure at $1,001 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($3,044 per ton), while the average price for exports to the UK amounted to $581 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+36.0%).
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Ireland
In 2022, the amount of iron or non-alloy steel wire, plated or coated with non-zinc base metalses imported into Ireland shrank notably to 554 tons, with a decrease of -36.4% against the year before. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 16%.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses fell notably to $1.3M in 2022. Overall, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. As a result, imports reached the peak of $1.7M, and then contracted dramatically in the following year.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 910 | 474 | 818 | 1,011 | 3.6% |
| Spain | 75.2 | 65.2 | 74.9 | 95.7 | 8.4% |
| United Kingdom | 145 | 188 | 102 | 46.0 | -31.8% |
| China | 307 | 302 | 315 | 34.6 | -51.7% |
| United Arab Emirates | N/A | N/A | 215 | N/A | 0% |
| Others | 5.2 | 38.8 | 139 | 67.0 | 134.4% |
| Total | 1,442 | 1,068 | 1,664 | 1,254 | -4.5% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Ireland in 2022:
- Italy (425.1 tons)
- Spain (75.1 tons)
- United Kingdom (22.6 tons)
- China (15.1 tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Ireland
In 2022, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses from Ireland shrank remarkably to 37 tons, reducing by -32.5% compared with 2021 figures. Overall, exports showed a deep contraction. The smallest decline of -2.4% was in 2021.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses dropped to $31K in 2022. Over the period under review, exports recorded a pronounced setback. The pace of growth was the most pronounced in 2020 when exports increased by 16%. As a result, the exports reached the peak of $40K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 34.4 | 23.5 | 27.3 | 19.6 | -17.1% |
| China | N/A | 16.3 | 5.2 | 11.4 | -16.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 34.4 | 39.8 | 32.5 | 31.0 | -3.4% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Ireland in 2022:
- United Kingdom (33.7 tons)
- China (3.7 tons)
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