Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Czech Republic - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Czech Republic (FOB) - 2024
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Czech Republic (CIF) - 2022
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Czech Republic
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Czech Republic
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Czech Republic (FOB) - 2024
In January 2024, the average export price for iron or non-alloy steel wire, plated or coated with zincs amounted to $1,333 per ton, reducing by -4.3% against the previous month. Overall, the export price showed a slight curtailment. The most prominent rate of growth was recorded in December 2023 an increase of 5.3% month-to-month. The export price peaked at $1,574 per ton in April 2023; however, from May 2023 to January 2024, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In January 2024, the countries with the highest prices were Lithuania ($1,690 per ton) and Slovakia ($1,591 per ton), while the average price for exports to Denmark ($1,215 per ton) and Sweden ($1,217 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.5%), while the prices for the other major destinations experienced a decline.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Czech Republic (CIF) - 2022
The average import price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,719 per ton in 2022, rising by 5.3% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 zincs increased by +51.7% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 29%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($2,153 per ton), while the price for Turkey ($1,094 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Czech Republic
In 2022, shipments abroad of iron or non-alloy steel wire, plated or coated with zincs decreased by -13.6% to 83K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a perceptible reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 6.5%. As a result, the exports attained the peak of 101K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of iron or non-alloy steel wire, plated or coated with zincs totaled $132M in 2022. The total export value increased at an average annual rate of +8.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. The exports peaked 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 the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.9 | 15.3 | 21.3 | 22.5 | 12.3% |
| Poland | 12.9 | 15.3 | 17.9 | 17.6 | 10.9% |
| Italy | 11.4 | 6.8 | 10.9 | 11.2 | -0.6% |
| Finland | 7.0 | 7.8 | 9.3 | 10.5 | 14.5% |
| United Kingdom | 17.1 | 15.9 | 16.1 | 10.3 | -15.5% |
| Norway | 5.9 | 6.4 | 4.2 | 9.1 | 15.5% |
| Denmark | 5.1 | 5.5 | 8.3 | 8.5 | 18.6% |
| Sweden | 2.7 | 2.5 | 4.5 | 6.2 | 31.9% |
| France | 3.6 | 4.1 | 6.0 | 5.8 | 17.2% |
| Spain | 2.9 | 3.9 | 5.3 | 4.7 | 17.5% |
| Greece | 1.4 | 2.6 | 2.3 | 4.0 | 41.9% |
| Belgium | 3.4 | 3.5 | 5.9 | 4.0 | 5.6% |
| Slovakia | 2.4 | 2.7 | 3.5 | 3.8 | 16.6% |
| Others | 13.2 | 13.0 | 15.3 | 14.0 | 2.0% |
| Total | 105 | 105 | 131 | 132 | 7.9% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc from the Czech Republic in 2022:
- Germany (14.1K tons)
- Poland (11.6K tons)
- United Kingdom (7.0K tons)
- Finland (6.8K tons)
- Italy (6.5K tons)
- Norway (6.0K tons)
- Denmark (5.6K tons)
- Sweden (4.1K tons)
- France (3.3K tons)
- Spain (3.0K tons)
- Belgium (2.6K tons)
- Slovakia (2.5K tons)
- Greece (2.1K tons)
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Czech Republic
Imports of iron or non-alloy steel wire, plated or coated with zincs into the Czech Republic reached 23K tons in 2022, increasing by 4.3% on 2021. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs expanded sharply to $40M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.9% 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 +68.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 5.9 | 8.0 | 10.5 | 13.3 | 31.1% |
| Germany | 3.4 | 3.8 | 5.7 | 6.4 | 23.5% |
| Romania | 1.8 | 2.0 | 3.1 | 5.1 | 41.5% |
| Poland | 2.7 | 2.9 | 6.0 | 4.0 | 14.0% |
| Netherlands | 2.0 | 1.5 | 3.5 | 3.7 | 22.8% |
| France | 1.1 | 1.1 | 1.1 | 2.0 | 22.1% |
| Italy | 1.0 | 1.7 | 1.4 | 1.2 | 6.3% |
| Ukraine | 0.7 | 0.4 | 0.5 | 0.9 | 8.7% |
| Austria | 0.6 | 0.6 | 0.5 | 0.7 | 5.3% |
| China | 0.6 | 0.4 | 0.5 | 0.7 | 5.3% |
| Sweden | 0.3 | 0.5 | 0.5 | 0.5 | 18.6% |
| Turkey | 1.1 | 0.5 | 1.1 | 0.1 | -55.0% |
| Russia | 0.9 | 0.4 | 0.4 | N/A | -33.3% |
| Others | 1.6 | 0.4 | 1.3 | 1.2 | -9.1% |
| Total | 23.6 | 24.3 | 36.1 | 39.6 | 18.8% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to the Czech Republic in 2022:
- Slovakia (6.8K tons)
- Romania (4.4K tons)
- Germany (3.5K tons)
- Netherlands (2.6K tons)
- Poland (1.8K tons)
- France (1.0K tons)
- Ukraine (0.6K tons)
- Italy (0.6K tons)
- China (0.4K tons)
- Sweden (0.3K tons)
- Austria (0.3K tons)
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This report provides an in-depth analysis of the market for iron and steel wire in the Czech Republic.
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