Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the UK - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the UK (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the UK (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the UK
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the UK
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the UK (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 $2,032 per ton, picking up by 14% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 43% against the previous year. The import price peaked 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 the United States ($5,724 per ton), while the price for Italy ($1,296 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+33.1%), 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 the UK (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 $3,403 per ton, with an increase of 41% against the previous year. Overall, the export price saw a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of 57%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($12,970 per ton), while the average price for exports to Denmark ($1,326 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 (+22.7%), 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 the UK
In 2022, after three years of growth, there was significant decline in overseas purchases of iron or non-alloy steel wire, plated or coated with non-zinc base metalses, when their volume decreased by -21.1% to 7.9K tons. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 66%.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses fell to $16M in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. As a result, imports attained the peak of $18M, and then shrank in the following year.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.0 | 4.7 | 5.8 | 5.3 | 38.4% |
| Czech Republic | 0.3 | 0.1 | 0.3 | 3.5 | 126.8% |
| United States | 2.7 | 2.6 | 5.1 | 3.5 | 9.0% |
| Austria | N/A | N/A | N/A | 0.9 | 0% |
| China | 1.3 | 0.6 | 2.5 | 0.8 | -14.9% |
| France | 0.8 | 0.3 | 0.5 | 0.5 | -14.5% |
| Spain | 0.6 | 0.5 | 0.2 | 0.5 | -5.9% |
| South Korea | 0.5 | 0.3 | 0.3 | 0.4 | -7.2% |
| Luxembourg | 0.2 | 1.5 | 2.3 | N/A | 239.1% |
| Others | 0.4 | 0.5 | 0.9 | 0.8 | 26.0% |
| Total | 8.9 | 11.0 | 17.9 | 16.2 | 22.1% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to the UK in 2022:
- Italy (4051.9 tons)
- Czech Republic (1809.7 tons)
- United States (606.9 tons)
- Austria (265.5 tons)
- France (243.4 tons)
- Spain (237.0 tons)
- China (203.2 tons)
- South Korea (189.1 tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the UK
Exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses from the UK shrank markedly to 2.4K tons in 2022, falling by -49% against the previous year's figure. Over the period under review, exports showed a precipitous descent. The smallest decline of -27.1% was in 2020.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses contracted dramatically to $8.1M in 2022. In general, exports recorded a precipitous setback. The smallest decline of -3.4% was in 2021.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 1.7 | 1.3 | 1.9 | 2.2 | 9.0% |
| Denmark | N/A | N/A | 3.5 | 2.0 | -42.9% |
| Germany | 5.2 | 3.4 | 2.2 | 1.3 | -37.0% |
| Poland | 0.8 | 1.1 | 0.7 | 0.5 | -14.5% |
| France | 1.9 | 1.3 | 0.8 | 0.5 | -35.9% |
| Romania | N/A | N/A | 0.3 | 0.4 | 33.3% |
| Croatia | N/A | N/A | 0.3 | 0.4 | 33.3% |
| Netherlands | 3.8 | 3.0 | 0.1 | 0.1 | -70.3% |
| Ireland | 1.4 | 0.4 | 0.1 | 0.1 | -58.5% |
| Spain | 0.4 | 0.5 | N/A | N/A | 25.0% |
| Others | 1.4 | 0.7 | 1.4 | 0.7 | -20.6% |
| Total | 16.6 | 11.7 | 11.3 | 8.1 | -21.3% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from the UK in 2022:
- Denmark (1504.8 tons)
- Croatia (294.5 tons)
- Slovakia (171.3 tons)
- Germany (102.6 tons)
- Romania (71.9 tons)
- France (66.2 tons)
- Poland (63.4 tons)
- Ireland (27.6 tons)
- Netherlands (15.6 tons)
- Spain (0.6 tons)
513
This report provides an in-depth analysis of the market for iron and steel wire in the UK.
222
This report provides an in-depth analysis of the market for iron and steel wire in the UK.
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.
513
This report provides an in-depth analysis of the market for iron and steel wire in the UK.
222
This report provides an in-depth analysis of the market for iron and steel wire in the UK.
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...
222
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.
