Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Angola - 2022

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Angola (CIF) - 2022
  2. Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Angola

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

The average import price for iron or non-alloy steel wire, plated or coated with zincs stood at $736 per ton in 2022, approximately reflecting the previous year. Overall, the import price saw a abrupt descent. The pace of growth was the most pronounced in 2016 when the average import price increased by 90%. The import price peaked at $2,212 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 South Africa ($2,572 per ton), while the price for China ($404 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (-0.0%), while the prices for the other major suppliers experienced a decline.

Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Angola

After two years of decline, overseas purchases of iron or non-alloy steel wire, plated or coated with zincs decreased by 0% to 1.4K tons in 2022. In general, imports recorded a buoyant increase. The smallest decline of 99.9% was in 2020. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs totaled $1M in 2022. Overall, imports posted a remarkable increase. The smallest decline of 99.9% was in 2020. 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 Zinc in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China281N/AN/A39612.1%
Portugal123N/AN/A1476.1%
Spain154N/AN/A113-9.8%
South Africa29.6N/AN/A88.644.1%
Belgium0.7N/AN/A87.7400.4%
Brazil38.2N/AN/A53.011.5%
United Arab Emirates118N/AN/A38.9-30.9%
Others119N/AN/A91.8-8.3%
Total864N/AN/A1,0175.6%

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

  1. China (980.2 tons)
  2. Portugal (128.2 tons)
  3. Spain (105.8 tons)
  4. Belgium (57.4 tons)
  5. South Africa (34.4 tons)
  6. United Arab Emirates (30.6 tons)
  7. Brazil (21.5 tons)

Source: IndexBox Market Intelligence Platform

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