Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Singapore - 2023
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Singapore (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Singapore (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Singapore
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Singapore
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Singapore (CIF) - 2022
The average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $3,447 per ton in 2022, jumping by 126% against the previous year. Overall, the import price, however, saw a perceptible decline. The import price peaked at $5,233 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($25,894 per ton), while the price for Indonesia ($2,182 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.9%), 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 Singapore (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 $4,257 per ton, picking up by 105% against the previous year. Over the period under review, the export price, however, continues to indicate a slight contraction. The export price peaked at $9,262 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($8,197 per ton), while the average price for exports to Australia ($1,804 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 the UK (+285.1%), 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 Singapore
In 2022, approx. 2.9K tons of iron or non-alloy steel wire, plated or coated with non-zinc base metalses were imported into Singapore; with a decrease of -57.2% on the previous year. In general, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 145% against the previous year. As a result, imports attained the peak of 6.9K tons, and then fell remarkably in the following year.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses fell modestly to $10M in 2022. Overall, imports recorded a pronounced contraction. The pace of growth appeared the most rapid in 2021 with an increase of 53%.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 6.6 | 3.0 | 6.7 | 6.2 | -2.1% |
| China | 1.8 | 1.7 | 2.2 | 2.1 | 5.3% |
| Japan | 0.5 | 0.3 | 0.6 | 0.5 | 0.0% |
| Austria | N/A | N/A | N/A | 0.4 | 0% |
| France | 1.0 | 1.0 | 0.2 | 0.2 | -41.5% |
| Indonesia | 0.4 | 0.4 | 0.1 | 0.1 | -37.0% |
| Others | 1.0 | 0.4 | 0.8 | 0.6 | -15.7% |
| Total | 11.3 | 6.9 | 10.5 | 10.2 | -3.4% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Singapore in 2022:
- Malaysia (2170.3 tons)
- China (442.2 tons)
- France (78.4 tons)
- Japan (74.8 tons)
- Indonesia (57.4 tons)
- Austria (52.5 tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Singapore
In 2022, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses from Singapore dropped notably to 169 tons, with a decrease of -72% on 2021 figures. In general, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 54%. As a result, the exports attained the peak of 603 tons, and then dropped dramatically in the following year.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses dropped dramatically to $718K in 2022. Overall, exports showed a dramatic contraction. The smallest decline of -27.6% was in 2020.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1,500 | 1,284 | 954 | 422 | -34.5% |
| Thailand | 1.7 | 105 | 67.4 | 68.6 | 243.0% |
| China | 100 | 0.8 | 61.9 | 57.6 | -16.8% |
| Hong Kong SAR | 0.6 | 3.9 | 56.8 | 41.7 | 311.1% |
| Malaysia | 1,087 | 245 | 13.0 | 35.0 | -68.2% |
| Vietnam | N/A | N/A | 49.9 | 24.5 | -50.9% |
| Australia | 0.1 | 1.3 | 0.2 | 23.9 | 520.6% |
| Turkey | N/A | N/A | 0.1 | 11.0 | 10900.0% |
| Taiwan (Chinese) | 0.6 | 106 | N/A | N/A | 17566.7% |
| Others | 276 | 401 | 48.1 | 33.4 | -50.5% |
| Total | 2,966 | 2,147 | 1,252 | 718 | -37.7% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Singapore in 2022:
- Indonesia (98.6 tons)
- Australia (13.3 tons)
- Thailand (12.4 tons)
- Hong Kong SAR (10.2 tons)
- Vietnam (9.0 tons)
- China (8.9 tons)
- Turkey (5.5 tons)
- Malaysia (4.3 tons)
399
This report provides an in-depth analysis of the market for iron and steel wire in Singapore.
301
This report provides an in-depth analysis of the market for iron and steel wire in Singapore.
1934
This report provides an in-depth analysis of the global market for iron and steel wire.
518
This report provides an in-depth analysis of the global market for iron and steel wire.
399
This report provides an in-depth analysis of the market for iron and steel wire in Singapore.
301
This report provides an in-depth analysis of the market for iron and steel wire in Singapore.
1934
This report provides an in-depth analysis of the global market for iron and steel wire.
518
This report provides an in-depth analysis of the global market for iron and steel wire.
834
In value terms, wire of other alloy steel imports stood at $X in 2016. Overall, it indicated a temperate increase from 2007 to 2016: the total imports value increased at an average annual rate of +...
1501
In value terms, barbed wire of iron and steel imports amounted to $X in 2016. In general, barbed wire of iron and steel imports continue to indicate a mild slump. Over the period under review, glob...
996
In value terms, wires, rods, tubes, plates, electrodes of base metal imports totaled $X in 2016. In general, wires, rods, tubes, plates, electrodes of base metal imports continue to indicate a mild...
1220
In value terms, wire of other alloy steel exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some...
664
In value terms, barbed wire of iron and steel exports totaled $X in 2016. In general, barbed wire of iron and steel exports continue to indicate a relatively flat trend pattern. Over the period und...
925
In value terms, wires, rods, tubes, plates, electrodes of base metal exports amounted to $X in 2016. Overall, wires, rods, tubes, plates, electrodes of base metal exports continue to indicate a sli...
3526
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
751
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
223
Discover the top import markets for iron and steel wire and key statistics on their import values. Learn about the global demand for this essential material.
207
Explore the top countries importing iron and steel wire in 2023 and the factors driving their demand. Get insights into the global market for these essential materials.
