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

Contents:

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

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

The average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $1,809 per ton in 2022, increasing by 14% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 +57.4% against 2016 indices. The pace of growth was the most pronounced in 2013 an increase of 23%. As a result, import price reached the peak level of $1,952 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 the UK ($2,917 per ton), while the price for Italy ($1,602 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.1%), 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 Sweden (FOB) - 2022

The average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $2,761 per ton in 2022, waning by -18.1% against the previous year. In general, the export price, however, saw a notable expansion. The pace of growth was the most pronounced in 2021 an increase of 112% against the previous year. As a result, the export price reached the peak level of $3,371 per ton, and then shrank rapidly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($4,220 per ton), while the average price for exports to the Czech Republic ($1,316 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 Belgium (+15.1%), 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 Sweden

In 2022, approx. 2.9K tons of iron or non-alloy steel wire, plated or coated with non-zinc base metalses were imported into Sweden; shrinking by -3.6% against 2021. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +8.4% 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 +45.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. As a result, imports attained the peak of 3K tons, and then declined modestly in the following year.

In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses rose markedly to $5.2M in 2022. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 77%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,2891,1072,3022,42523.4%
Czech Republic3532551,1321,31154.9%
Italy33126135380134.3%
China93.811030227643.3%
United Kingdom124N/A1.21373.4%
Denmark22.740.081.812174.7%
Netherlands44246714320.4-64.1%
Others171439425139-6.7%
Total2,8262,6794,7405,23022.8%

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

  1. Germany (1465.1 tons)
  2. Czech Republic (631.5 tons)
  3. Italy (500.2 tons)
  4. China (156.7 tons)
  5. Denmark (55.8 tons)
  6. United Kingdom (46.8 tons)
  7. Netherlands (9.0 tons)

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

In 2022, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses from Sweden expanded markedly to 276 tons, picking up by 13% compared with 2021. Over the period under review, exports, however, showed a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 30%. As a result, the exports reached the peak of 489 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses fell to $761K in 2022. Overall, exports, however, showed a mild descent. The most prominent rate of growth was recorded in 2021 when exports increased by 6% against the previous year. As a result, the exports attained the peak of $824K, and then declined in the following year.

Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/A54.2182235.8%
Finland20051.1228137-11.8%
Norway30.165.568.713263.7%
Lithuania26.522.431.558.029.8%
FranceN/AN/A23.452.9126.1%
Germany13219014739.3-33.2%
Estonia10414541.814.5-48.1%
Spain19319590.013.7-58.6%
Czech Republic9.83.22.313.210.4%
Others96.11051371197.4%
Total791777824761-1.3%

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

  1. Belgium (80.5 tons)
  2. Finland (45.4 tons)
  3. Norway (36.3 tons)
  4. France (23.9 tons)
  5. Lithuania (23.0 tons)
  6. Germany (18.5 tons)
  7. Czech Republic (10.1 tons)
  8. Spain (5.8 tons)
  9. Estonia (5.7 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) - Sweden