Brazil - 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 Brazil - 2023
Contents:
- Steel Stranded Wire Price in Brazil (CIF) - 2023
- Steel Stranded Wire Price in Brazil (FOB) - 2022
- Steel Stranded Wire Imports in Brazil
- Steel Stranded Wire Exports in Brazil
Steel Stranded Wire Price in Brazil (CIF) - 2023
The average steel stranded wire import price stood at $1,937 per ton in September 2023, with a decrease of -2.6% against the previous month. In general, the import price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in July 2023 an increase of 17% m-o-m. The import price peaked at $2,637 per ton in November 2022; however, from December 2022 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Portugal ($22,342 per ton), while the price for Egypt ($858 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Portugal (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Steel Stranded Wire Price in Brazil (FOB) - 2022
In 2022, the average steel stranded wire export price amounted to $1,857 per ton, picking up by 28% against the previous year. In general, the export price, however, recorded a pronounced contraction. The growth pace was the most rapid in 2021 when the average export price increased by 44%. Over the period under review, the average export prices attained the maximum at $2,637 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($4,931 per ton), while the average price for exports to the United Arab Emirates ($999 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 Canada (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Steel Stranded Wire Imports in Brazil
In 2022, after three years of growth, there was decline in purchases abroad of iron or steel stranded wire, ropes and cables, when their volume decreased by -1.4% to 79K tons. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% 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 +44.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 40% against the previous year. As a result, imports attained the peak of 80K tons, and then reduced modestly in the following year.
In value terms, steel stranded wire imports skyrocketed to $195M in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 65%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Steel Stranded Wire in Brazil (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 48.7 | 44.5 | 78.4 | 97.0 | 25.8% |
Turkey | 3.2 | 6.5 | 20.3 | 14.6 | 65.9% |
South Korea | 9.4 | 6.3 | 11.1 | 12.5 | 10.0% |
Thailand | 5.2 | 4.4 | 5.4 | 10.3 | 25.6% |
Argentina | 7.3 | 6.4 | 8.2 | 9.8 | 10.3% |
South Africa | 2.6 | 1.5 | 1.7 | 9.7 | 55.1% |
Romania | 2.6 | 2.2 | 3.2 | 3.1 | 6.0% |
Spain | 2.3 | 3.9 | 3.5 | 3.1 | 10.5% |
Portugal | 0.6 | 2.8 | 2.8 | 2.8 | 67.1% |
Malaysia | 0.4 | 0.3 | 2.1 | 2.3 | 79.2% |
Colombia | 6.7 | 1.7 | N/A | N/A | -74.6% |
Others | 20.9 | 20.4 | 29.7 | 29.9 | 12.7% |
Total | 110 | 101 | 166 | 195 | 21.0% |
Top Suppliers of Steel Stranded Wire to Brazil in 2022:
- China (37.7K tons)
- Turkey (11.5K tons)
- South Africa (7.9K tons)
- South Korea (3.9K tons)
- Thailand (3.4K tons)
- Argentina (2.4K tons)
- Spain (2.0K tons)
- Malaysia (1.6K tons)
- Portugal (1.4K tons)
- Romania (1.2K tons)
Steel Stranded Wire Exports in Brazil
Steel stranded wire exports from Brazil dropped to 18K tons in 2022, waning by -5.4% on 2021. In general, exports recorded a deep downturn.
In value terms, steel stranded wire exports surged to $33M in 2022. Over the period under review, exports continue to indicate a deep contraction.
Export of Steel Stranded Wire in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 8.2 | 5.6 | 6.9 | 8.2 | 0.0% |
Colombia | 6.6 | 3.5 | 4.9 | 6.3 | -1.5% |
Chile | 3.2 | 1.7 | 2.4 | 2.7 | -5.5% |
Paraguay | 1.1 | 1.0 | 1.2 | 2.2 | 26.0% |
Costa Rica | 0.9 | 1.0 | 1.9 | 1.9 | 28.3% |
Bolivia | 2.6 | 1.1 | 1.7 | 1.8 | -11.5% |
Dominican Republic | 1.0 | 0.3 | 1.1 | 1.5 | 14.5% |
United Arab Emirates | 1.0 | 2.0 | 0.8 | 1.2 | 6.3% |
Kuwait | N/A | 1.1 | 0.8 | 0.5 | -32.6% |
Mexico | 1.7 | 0.4 | 0.1 | 0.1 | -61.1% |
United Kingdom | 0.7 | 1.1 | 0.7 | N/A | 0.0% |
Oman | 0.7 | 0.3 | N/A | N/A | -57.1% |
Israel | 2.5 | 4.1 | 0.3 | N/A | -65.4% |
Others | 8.7 | 4.2 | 4.6 | 6.7 | -8.3% |
Total | 39.0 | 27.5 | 27.4 | 33.1 | -5.3% |
Top Export Markets for Steel Stranded Wire from Brazil in 2022:
- United Kingdom (undefinedK tons)
- Kuwait (undefinedK tons)
- Colombia (4.7K tons)
- Argentina (3.2K tons)
- Costa Rica (1.7K tons)
- Paraguay (1.3K tons)
- United Arab Emirates (1.2K tons)
- Dominican Republic (1.2K tons)
- Chile (1.1K tons)
- Bolivia (0.9K tons)
- Mexico (0.1K tons)
This report provides an in-depth analysis of the steel stranded wire market in Brazil. 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:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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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Steel Stranded Wire experienced significant growth in December 2022, with a month-to-month increase of 30%. However, the value of imports declined to $15 million in August 2023.
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...
Steel Stranded Wire experienced significant growth in December 2022, with a month-to-month increase of 30%. However, the value of imports declined to $15 million in August 2023.
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...