Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Portugal - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Portugal (CIF) - 2024
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Portugal (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Portugal
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Portugal
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Portugal (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 $1,515 per ton, flattening at the previous month. Over the period under review, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in September 2023 an increase of 32% m-o-m. As a result, import price attained the peak level of $2,256 per ton. From October 2023 to January 2024, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6,129 per ton), while the price for China ($1,511 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+9.5%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Portugal (FOB) - 2022
The average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $2,349 per ton in 2022, jumping by 73% against the previous year. Over the period under review, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2013 an increase of 273%. The export price peaked at $6,436 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($3,425 per ton), while the average price for exports to Cabo Verde ($1,678 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 Spain (+41.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Portugal
Imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses into Portugal surged to 10K tons in 2022, rising by 87% compared with the previous year's figure. In general, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses surged to $20M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 6.3 | 1.2 | 3.1 | 11.5 | 22.2% |
| China | N/A | N/A | 0.1 | 2.7 | 2600.0% |
| Belarus | 2.8 | 2.6 | 3.1 | 1.6 | -17.0% |
| France | N/A | 0.1 | 1.1 | 1.2 | 246.4% |
| Slovakia | 0.1 | 0.3 | 0.2 | 1.0 | 115.4% |
| Czech Republic | N/A | N/A | N/A | 0.6 | 0% |
| Germany | 0.4 | 0.2 | 0.4 | 0.5 | 7.7% |
| Italy | 0.5 | 0.5 | 0.1 | 0.3 | -15.7% |
| Others | 0.3 | 0.1 | 0.1 | 0.3 | 0.0% |
| Total | 10.4 | 5.2 | 8.2 | 19.6 | 23.5% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Portugal in 2022:
- Spain (5.6K tons)
- China (1.4K tons)
- Belarus (1.1K tons)
- France (0.7K tons)
- Slovakia (0.5K tons)
- Czech Republic (0.3K tons)
- Germany (0.2K tons)
- Italy (0.1K tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Portugal
In 2022, shipments abroad of iron or non-alloy steel wire, plated or coated with non-zinc base metalses decreased by -48.1% to 15 tons, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 2,362% against the previous year. As a result, the exports attained the peak of 75 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses contracted to $36K in 2022. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,804% against the previous year. As a result, the exports reached the peak of $54K. 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 Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cabo Verde | 2.6 | 0.3 | 3.0 | 13.2 | 71.9% |
| Angola | N/A | 6.9 | 1.7 | 10.7 | 24.5% |
| Algeria | N/A | N/A | N/A | 7.1 | 0% |
| Brazil | N/A | N/A | N/A | 4.7 | 0% |
| New Zealand | N/A | N/A | 31.9 | N/A | 0% |
| Egypt | N/A | 25.1 | N/A | N/A | 0% |
| Belarus | N/A | 21.7 | 1.7 | N/A | -92.2% |
| Others | 0.2 | 0.2 | 1.6 | N/A | 182.8% |
| Total | 2.8 | 54.1 | 39.9 | 35.7 | 133.6% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Portugal in 2022:
- Cabo Verde (7.8 tons)
- Angola (3.1 tons)
- Algeria (2.4 tons)
- Brazil (1.8 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Portugal.
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This report provides an in-depth analysis of the market for iron and steel wire in Portugal.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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