Ireland - Iron or Steel Wire Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Wire Product in Ireland - 2023
Contents:
- Price for Iron or Steel Wire Product in Ireland (CIF) - 2022
- Price for Iron or Steel Wire Product in Ireland (FOB) - 2022
- Imports of Iron or Steel Wire Product in Ireland
- Exports of Iron or Steel Wire Product in Ireland
Price for Iron or Steel Wire Product in Ireland (CIF) - 2022
In 2021, the average import price for iron or steel wire products amounted to $5,237 per ton, shrinking by -9.7% against the previous year. In general, the import price, however, continues to indicate notable growth. The pace of growth was the most pronounced in 2016 an increase of 106% against the previous year. Over the period under review, average import prices hit record highs at $11,617 per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($7,516 per ton), while the price for Luxembourg ($1,566 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Wire Product in Ireland (FOB) - 2022
The average export price for iron or steel wire products stood at $36,873 per ton in 2021, surging by 48% against the previous year. In general, the export price enjoyed a buoyant increase. The growth pace was the most rapid in 2014 when the average export price increased by 1,074% against the previous year. The export price peaked at $464,768 per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($68,472 per ton), while the average price for exports to France ($2,342 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Wire Product in Ireland
For the fourth year in a row, Ireland recorded growth in overseas purchases of iron or steel wire products, which increased by 62% to 4.5K tons in 2022. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 116% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, iron or steel wire product imports skyrocketed to $22M in 2022. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 95% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Iron or Steel Wire Product in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Kingdom | 1.7 | 2.2 | 3.7 | 47.5% | |
| China | 1.6 | 1.2 | 3.6 | 50.0% | |
| Belgium | 0.5 | 0.8 | 0.8 | 26.5% | |
| Germany | 0.7 | 0.5 | 0.5 | -15.5% | |
| Turkey | N/A | N/A | 0.4 | 0% | |
| Netherlands | N/A | 0.5 | 0.3 | -40.0% | |
| Luxembourg | N/A | N/A | 0.2 | 0% | |
| Costa Rica | 5.5 | N/A | 0.1 | -86.5% | |
| Others | 2.2 | 2.3 | 5.1 | 52.3% | |
| Total | 12.2 | 7.5 | 14.7 | 9.8% | |
Top Suppliers of Iron or Steel Wire Product to Ireland in 2022:
- United Kingdom (1064.3 tons)
- China (789.5 tons)
- Turkey (144.1 tons)
- Luxembourg (144.0 tons)
- Germany (132.3 tons)
- Belgium (112.9 tons)
- Netherlands (59.6 tons)
- Costa Rica (7.8 tons)
Exports of Iron or Steel Wire Product in Ireland
Iron or steel wire product exports from Ireland skyrocketed to 152 tons in 2022, picking up by 21% compared with 2021. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 217% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, iron or steel wire product exports soared to $11M in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 370%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Iron or Steel Wire Product in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Costa Rica | 224 | 110 | 2,670 | 245.2% | |
| United Kingdom | 187 | 84.9 | 721 | 96.4% | |
| United States | 780 | 240 | 660 | -8.0% | |
| China | 122 | N/A | 246 | 42.0% | |
| Switzerland | 31.9 | 252 | 14.0 | -33.8% | |
| France | 3.8 | 2.8 | 8.8 | 52.2% | |
| Others | 238 | 297 | 316 | 15.2% | |
| Total | 1,587 | 986 | 4,635 | 70.9% | |
Top Export Markets for Iron or Steel Wire Product from Ireland in 2022:
- United Kingdom (85.1 tons)
- Costa Rica (42.0 tons)
- China (23.1 tons)
- United States (9.6 tons)
- France (3.8 tons)
- Switzerland (0.5 tons)
This report provides an in-depth analysis of the market for iron or steel wire product in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25992925 - Finished products of iron/steel wire, snares, traps, etc., fodder ties, animal nose rings, mattress hooks, butchers
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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