Price for Wire of Other Alloy Steel in France - 2023

Contents:

  1. Price for Wire of Other Alloy Steel in France (CIF) - 2023
  2. Price for Wire of Other Alloy Steel in France (FOB) - 2023
  3. Imports of Wire of Other Alloy Steel in France
  4. Exports of Wire of Other Alloy Steel in France

Price for Wire of Other Alloy Steel in France (CIF) - 2023

In August 2023, the average import price for wire of other alloy steels amounted to $1,925 per ton, surging by 5.9% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 8.2% month-to-month. The import price peaked at $2,195 per ton in December 2022; however, from January 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($2,602 per ton), while the price for China ($963 per ton) was amongst the lowest.

From October 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wire of Other Alloy Steel in France (FOB) - 2023

In August 2023, the average export price for wire of other alloy steels amounted to $2,862 per ton, picking up by 14% against the previous month. Overall, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $3,092 per ton in March 2023; however, from April 2023 to August 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($10,361 per ton), while the average price for exports to India ($1,761 per ton) was amongst the lowest.

From October 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wire of Other Alloy Steel in France

In 2022, the amount of wire of other alloy steels imported into France expanded significantly to 62K tons, with an increase of 6.3% compared with the year before. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.1% 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 +68.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 59%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, wire of other alloy steel imports soared to $116M in 2022. In general, imports posted a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 57%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Wire of Other Alloy Steel in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1.51.44.720.5139.1%
Germany9.710.615.719.927.1%
Italy11.19.717.419.620.9%
Czech Republic9.28.89.610.75.2%
Luxembourg9.85.58.48.1-6.2%
Belgium0.30.42.47.7195.0%
China7.54.16.27.50.0%
Spain3.52.86.87.227.2%
Netherlands6.03.01.31.4-38.4%
South Korea10.53.41.50.9-55.9%
Others8.86.914.712.412.1%
Total78.056.588.611614.1%

Top Suppliers of Wire of Other Alloy Steel to France in 2022:

  1. Turkey (15.5K tons)
  2. Italy (10.3K tons)
  3. Germany (8.7K tons)
  4. Czech Republic (6.1K tons)
  5. China (4.6K tons)
  6. Spain (3.9K tons)
  7. Belgium (3.4K tons)
  8. Luxembourg (3.3K tons)
  9. Netherlands (0.6K tons)
  10. South Korea (0.4K tons)

Exports of Wire of Other Alloy Steel in France

Wire of other alloy steel exports from France fell to 17K tons in 2022, which is down by -6.7% compared with the year before. Over the period under review, exports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 71%.

In value terms, wire of other alloy steel exports skyrocketed to $45M in 2022. Overall, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 82%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Wire of Other Alloy Steel in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic6.75.67.88.47.8%
India5.12.25.74.6-3.4%
Spain3.62.34.64.68.5%
Germany4.51.23.23.7-6.3%
Italy3.72.12.52.6-11.1%
Brazil1.80.71.02.26.9%
United Kingdom1.30.41.31.913.5%
Romania0.10.10.11.2128.9%
Singapore0.70.80.41.219.7%
Netherlands1.50.10.60.9-15.7%
Poland1.30.31.50.9-11.5%
Saudi Arabia0.20.10.10.858.7%
Portugal0.10.20.50.681.7%
Others6.14.07.611.523.5%
Total36.920.336.944.86.7%

Top Export Markets for Wire of Other Alloy Steel from France in 2022:

  1. Czech Republic (5.6K tons)
  2. India (2.6K tons)
  3. Spain (1.5K tons)
  4. Italy (0.9K tons)
  5. United Kingdom (0.8K tons)
  6. Germany (0.8K tons)
  7. Romania (0.6K tons)
  8. Singapore (0.5K tons)
  9. Netherlands (0.4K tons)
  10. Poland (0.4K tons)
  11. Brazil (0.3K tons)
  12. Portugal (0.3K tons)
  13. Saudi Arabia (0.3K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Wire of other alloy steel - France