Belgium - Iron Or Steel Stranded Wire, Ropes And Cables - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSteel Stranded Wire Price in Belgium - 2023
Contents:
- Steel Stranded Wire Price in Belgium (FOB) - 2022
- Steel Stranded Wire Price in Belgium (CIF) - 2022
- Steel Stranded Wire Exports in Belgium
- Steel Stranded Wire Imports in Belgium
Steel Stranded Wire Price in Belgium (FOB) - 2022
In 2022, the average steel stranded wire export price amounted to $3,430 per ton, rising by 13% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 29% against the previous year. As a result, the export price attained the peak level of $4,049 per ton. From 2019 to 2022, the average 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 Italy ($7,190 per ton), while the average price for exports to Spain ($1,861 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 Italy (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Steel Stranded Wire Price in Belgium (CIF) - 2022
In 2022, the average steel stranded wire import price amounted to $2,470 per ton, increasing by 9% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2021 an increase of 28% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($4,029 per ton), while the price for Hungary ($1,322 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Steel Stranded Wire Exports in Belgium
In 2022, shipments abroad of iron or steel stranded wire, ropes and cables decreased by -43.4% to 40K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 101%.
In value terms, steel stranded wire exports dropped sharply to $138M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 46% against the previous year.
Export of Steel Stranded Wire in Belgium (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 32.8 | 56.0 | 61.5 | 29.2 | -3.8% |
Italy | 16.8 | 27.6 | 32.6 | 20.9 | 7.6% |
Luxembourg | 16.5 | 17.5 | 33.0 | 19.2 | 5.2% |
Netherlands | 5.2 | 7.6 | 9.2 | 13.2 | 36.4% |
Spain | 13.6 | 21.2 | 25.8 | 13.0 | -1.5% |
Poland | 8.6 | 11.4 | 13.8 | 10.1 | 5.5% |
France | 6.9 | 8.3 | 12.5 | 8.6 | 7.6% |
Others | 15.9 | 20.8 | 27.3 | 24.0 | 14.7% |
Total | 116 | 170 | 216 | 138 | 6.0% |
Top Export Markets for Steel Stranded Wire from Belgium in 2022:
- Germany (9.5K tons)
- Luxembourg (8.8K tons)
- Spain (7.0K tons)
- Netherlands (3.1K tons)
- Italy (2.9K tons)
- France (1.8K tons)
- Poland (1.7K tons)
Steel Stranded Wire Imports in Belgium
After three years of growth, supplies from abroad of iron or steel stranded wire, ropes and cables decreased by -13% to 72K tons in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 62%.
In value terms, steel stranded wire imports fell to $179M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.5% 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 +83.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 40% against the previous year.
Import of Steel Stranded Wire in Belgium (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 33.2 | 50.1 | 72.0 | 73.4 | 30.3% |
Germany | 8.5 | 13.2 | 17.2 | 16.2 | 24.0% |
Spain | 5.2 | 8.0 | 11.9 | 14.6 | 41.1% |
Turkey | 17.8 | 17.4 | 16.1 | 13.4 | -9.0% |
Italy | 5.2 | 10.2 | 21.4 | 11.6 | 30.7% |
Netherlands | 5.9 | 6.9 | 10.1 | 8.7 | 13.8% |
Thailand | 0.1 | N/A | 1.4 | 7.3 | 317.9% |
Slovakia | 2.5 | 4.6 | 6.6 | 5.2 | 27.7% |
India | 1.5 | 1.5 | 1.2 | 4.1 | 39.8% |
South Korea | 3.2 | 3.2 | 3.9 | 3.9 | 6.8% |
France | 3.0 | 4.2 | 5.9 | 3.7 | 7.2% |
Russia | 1.4 | 1.8 | 3.2 | 0.7 | -20.6% |
Hungary | 1.2 | 2.9 | 0.4 | 0.5 | -25.3% |
Others | 8.5 | 12.6 | 16.9 | 15.3 | 21.6% |
Total | 97.2 | 137 | 188 | 179 | 22.6% |
Top Suppliers of Steel Stranded Wire to Belgium in 2022:
- China (25.8K tons)
- Spain (9.3K tons)
- Italy (6.4K tons)
- Turkey (6.3K tons)
- Germany (4.2K tons)
- Thailand (4.2K tons)
- Netherlands (3.9K tons)
- India (2.1K tons)
- France (1.6K tons)
- Slovakia (1.3K tons)
- South Korea (1.0K tons)
- Russia (0.4K tons)
- Hungary (0.4K tons)
This report provides an in-depth analysis of the steel stranded wire market in Belgium. 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 25931130 - Iron or steel stranded wire, ropes and cables (including stranded wires and wire ropes with or without attached fittings not electrically insulated) (excluding electrically insulated)
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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
This report provides an in-depth analysis of the steel stranded wire market in Belgium.
This report provides an in-depth analysis of the stranded wire market in Belgium.
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This report provides an in-depth analysis of the global stranded wire market.
This report provides an in-depth analysis of the global steel plaited band market.
This report provides an in-depth analysis of the steel stranded wire market in Belgium.
This report provides an in-depth analysis of the stranded wire market in Belgium.
This report provides an in-depth analysis of the steel plaited band market in Belgium.
This report provides an in-depth analysis of the global steel stranded wire market.
Explore the top import markets for steel stranded wire in the world, including key statistics and trends.
Explore the top import markets for stranded wire, including the United States, Germany, Canada, and more. Find out key statistics and market insights using the IndexBox market intelligence platform.
Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
Explore the top import markets for steel stranded wire in the world, including key statistics and trends.
Explore the top import markets for stranded wire, including the United States, Germany, Canada, and more. Find out key statistics and market insights using the IndexBox market intelligence platform.
Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...