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

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in France (CIF) - 2024
  2. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in France (FOB) - 2022
  3. Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in France
  4. Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in France

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in France (CIF) - 2024

In January 2024, the average import price for iron or non-alloy steel wire, plated or coated with zincs amounted to $1,264 per ton, dropping by -3.4% against the previous month. In general, the import price recorded a perceptible curtailment. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 9.6% against the previous month. The import price peaked at $1,636 per ton in January 2023; however, from February 2023 to January 2024, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was Turkey ($908 per ton), while the price for China totaled $806 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,740 per ton in 2022, picking up by 19% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 23%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($2,590 per ton), while the average price for exports to Italy ($1,404 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 Canada (+5.2%), 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 Zinc in France

In 2022, approx. 76K tons of iron or non-alloy steel wire, plated or coated with zincs were imported into France; which is down by -19.8% compared with the previous year's figure. In general, imports continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of 95K tons, and then declined rapidly in the following year.

In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs contracted to $128M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. As a result, imports reached the peak of $134M, and then shrank modestly in the following year.

Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy19.219.826.624.99.1%
Luxembourg15.515.920.520.49.6%
Germany16.310.716.615.8-1.0%
Slovakia9.28.910.514.616.6%
Spain12.512.817.314.14.1%
Netherlands4.13.78.19.130.4%
Turkey5.53.58.87.711.9%
China3.44.04.46.624.7%
Czech Republic3.64.25.85.313.8%
Belgium2.55.76.63.815.0%
Others5.62.28.85.5-0.6%
Total97.491.41341289.5%

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

  1. Italy (14.4K tons)
  2. Luxembourg (11.2K tons)
  3. Spain (9.7K tons)
  4. Germany (8.1K tons)
  5. Slovakia (7.2K tons)
  6. Turkey (6.7K tons)
  7. Netherlands (6.5K tons)
  8. China (5.1K tons)
  9. Czech Republic (2.8K tons)
  10. Belgium (1.9K tons)

Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in France

In 2022, approx. 52K tons of iron or non-alloy steel wire, plated or coated with zincs were exported from France; declining by -8% on the year before. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, the exports attained the peak of 56K tons, and then dropped in the following year.

In value terms, exports of iron or non-alloy steel wire, plated or coated with zincs rose remarkably to $90M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 49% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany18.715.522.727.613.9%
Italy13.513.617.919.212.5%
Poland5.65.76.87.39.2%
Spain4.53.76.35.24.9%
United Kingdom4.33.15.44.2-0.8%
United States2.91.32.33.78.5%
Canada0.30.82.23.6128.9%
Mexico2.31.22.43.413.9%
Belgium2.11.32.02.44.6%
Netherlands2.22.43.72.1-1.5%
Czech Republic1.21.01.12.120.5%
Others7.35.89.69.28.0%
Total64.955.482.490.011.5%

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

  1. Germany (16.1K tons)
  2. Italy (13.7K tons)
  3. Poland (4.2K tons)
  4. Spain (2.8K tons)
  5. United Kingdom (2.0K tons)
  6. Canada (1.7K tons)
  7. Belgium (1.6K tons)
  8. United States (1.5K tons)
  9. Mexico (1.3K tons)
  10. Netherlands (1.2K tons)
  11. Czech Republic (1.1K tons)

Source: IndexBox Market Intelligence Platform

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