Stainless Steel Wire Price in Norway - 2023
Contents:
- Stainless Steel Wire Price in Norway (CIF) - 2022
- Stainless Steel Wire Price in Norway (FOB) - 2022
- Stainless Steel Wire Imports in Norway
- Stainless Steel Wire Exports in Norway
Stainless Steel Wire Price in Norway (CIF) - 2022
The average stainless steel wire import price stood at $7,372 per ton in 2022, jumping by 44% against the previous year. Overall, the import price, however, saw a pronounced downturn. The import price peaked at $10,424 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($21,351 per ton), while the price for the Czech Republic ($4,444 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Stainless Steel Wire Price in Norway (FOB) - 2022
In 2022, the average stainless steel wire export price amounted to $15,208 per ton, rising by 37% against the previous year. In general, the export price recorded a strong expansion. The pace of growth was the most pronounced in 2013 an increase of 228%. The export price peaked at $26,980 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($24,167 per ton), while the average price for exports to Denmark ($6,178 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 Belgium (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.
Stainless Steel Wire Imports in Norway
In 2022, overseas purchases of stainless steel wire decreased by -77.8% to 289 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 250% against the previous year. As a result, imports attained the peak of 1.5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, stainless steel wire imports plummeted to $2.1M in 2022. Over the period under review, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 169%. As a result, imports attained the peak of $7.8M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Stainless Steel Wire in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 869 | 958 | 780 | 520 | -15.7% |
| Denmark | 329 | 165 | 120 | 324 | -0.5% |
| Sweden | 398 | 128 | 208 | 213 | -18.8% |
| Taiwan (Chinese) | 69.6 | 39.3 | 29.6 | 203 | 42.9% |
| Germany | 265 | 176 | 232 | 202 | -8.7% |
| Switzerland | 95.4 | 96.9 | 94.3 | 160 | 18.8% |
| Japan | 150 | 43.8 | 168 | 138 | -2.7% |
| United Kingdom | 306 | 450 | 271 | 73.7 | -37.8% |
| Slovakia | N/A | 4,863 | 4,066 | N/A | -16.4% |
| Others | 440 | 928 | 666 | 295 | -12.5% |
| Total | 2,921 | 7,850 | 6,636 | 2,129 | -10.0% |
Top Suppliers of Stainless Steel Wire to Norway in 2022:
- Czech Republic (117.0 tons)
- Denmark (45.5 tons)
- Germany (22.8 tons)
- Taiwan (Chinese) (21.3 tons)
- Sweden (18.6 tons)
- Japan (13.5 tons)
- Switzerland (10.5 tons)
- United Kingdom (4.5 tons)
Stainless Steel Wire Exports in Norway
In 2022, approx. 25 tons of stainless steel wire were exported from Norway; falling by -2.4% against the previous year. Overall, exports saw a dramatic shrinkage.
In value terms, stainless steel wire exports surged to $374K in 2022. Over the period under review, exports showed a dramatic descent.
| Export of Stainless Steel Wire in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 51.0 | 54.6 | 44.2 | 86.2 | 19.1% |
| Sweden | 42.7 | 18.9 | 61.1 | 43.9 | 0.9% |
| Belgium | 30.3 | 35.8 | 17.5 | 42.7 | 12.1% |
| Saudi Arabia | 9.3 | 14.2 | 33.9 | 27.3 | 43.2% |
| Italy | N/A | N/A | 1.0 | 19.1 | 1810.0% |
| United Kingdom | 75.8 | 3.6 | 18.4 | 11.4 | -46.8% |
| Denmark | 16.5 | 25.2 | 38.1 | 10.1 | -15.1% |
| Germany | 108 | 78.6 | 3.2 | 1.3 | -77.1% |
| Mexico | 384 | N/A | N/A | N/A | 0% |
| Others | 57.2 | 164 | 62.7 | 132 | 32.1% |
| Total | 775 | 395 | 280 | 374 | -21.6% |
Top Export Markets for Stainless Steel Wire from Norway in 2022:
- Poland (10.0 tons)
- Belgium (4.3 tons)
- Sweden (4.1 tons)
- Denmark (1.6 tons)
- Saudi Arabia (1.1 tons)
- Italy (0.9 tons)
- United Kingdom (0.7 tons)
- Germany (0.1 tons)
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