Spain - 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 Spain - 2023
Contents:
- Steel Stranded Wire Price in Spain (CIF) - 2023
- Steel Stranded Wire Price in Spain (FOB) - 2023
- Steel Stranded Wire Imports in Spain
- Steel Stranded Wire Exports in Spain
Steel Stranded Wire Price in Spain (CIF) - 2023
The average steel stranded wire import price stood at $2,897 per ton in July 2023, approximately mirroring the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 14% m-o-m. As a result, import price reached the peak level of $3,301 per ton. From April 2023 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6,638 per ton), while the price for Portugal ($1,412 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Finland (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Steel Stranded Wire Price in Spain (FOB) - 2023
The average steel stranded wire export price stood at $3,047 per ton in July 2023, dropping by -11.6% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 16% m-o-m. As a result, the export price attained the peak level of $3,447 per ton, and then reduced in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($4,801 per ton), while the average price for exports to Morocco ($1,984 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Steel Stranded Wire Imports in Spain
In 2022, imports of iron or steel stranded wire, ropes and cables into Spain shrank to 83K tons, approximately mirroring the previous year's figure. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 11% against the previous year.
In value terms, steel stranded wire imports skyrocketed to $251M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 28%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Steel Stranded Wire in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 25.8 | 23.9 | 25.6 | 33.4 | 9.0% |
| Italy | 23.4 | 14.8 | 27.7 | 26.1 | 3.7% |
| South Korea | 27.5 | 16.6 | 17.0 | 24.5 | -3.8% |
| France | 19.5 | 15.8 | 20.2 | 23.2 | 6.0% |
| Germany | 11.7 | 12.6 | 16.1 | 19.5 | 18.6% |
| Luxembourg | 17.3 | 8.0 | 16.9 | 19.3 | 3.7% |
| Portugal | 11.6 | 10.2 | 12.1 | 17.7 | 15.1% |
| China | 16.8 | 15.8 | 21.2 | 13.1 | -8.0% |
| Belgium | 7.4 | 6.9 | 7.1 | 12.7 | 19.7% |
| Slovakia | 11.9 | 10.3 | 9.5 | 10.2 | -5.0% |
| Turkey | 5.2 | 3.4 | 4.4 | 8.8 | 19.2% |
| Vietnam | 9.6 | 4.5 | 8.3 | 7.1 | -9.6% |
| Thailand | 2.5 | 2.8 | 4.2 | 6.6 | 38.2% |
| Others | 23.1 | 21.0 | 22.1 | 29.1 | 8.0% |
| Total | 213 | 167 | 213 | 251 | 5.6% |
Top Suppliers of Steel Stranded Wire to Spain in 2022:
- Romania (9.6K tons)
- Italy (9.1K tons)
- Portugal (9.1K tons)
- South Korea (7.5K tons)
- Luxembourg (6.9K tons)
- France (5.8K tons)
- China (4.9K tons)
- Belgium (4.6K tons)
- Turkey (4.1K tons)
- Thailand (3.6K tons)
- Slovakia (3.4K tons)
- Germany (3.1K tons)
- Vietnam (2.8K tons)
Steel Stranded Wire Exports in Spain
Steel stranded wire exports from Spain reduced to 37K tons in 2022, with a decrease of -7.4% compared with the year before. Overall, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 2.9%.
In value terms, steel stranded wire exports rose significantly to $101M in 2022. In general, exports saw a pronounced contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 18%.
| Export of Steel Stranded Wire in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 24.8 | 18.7 | 25.3 | 29.5 | 6.0% |
| Italy | 11.6 | 12.0 | 13.6 | 14.3 | 7.2% |
| Morocco | 8.0 | 7.2 | 10.1 | 13.2 | 18.2% |
| United States | 18.4 | 10.9 | 11.5 | 10.5 | -17.1% |
| France | 15.5 | 9.3 | 8.6 | 9.6 | -14.8% |
| Germany | 3.7 | 4.0 | 4.8 | 5.4 | 13.4% |
| Luxembourg | 2.7 | 4.0 | 4.2 | 3.8 | 12.1% |
| Algeria | 1.8 | 1.5 | 3.4 | 1.3 | -10.3% |
| Chile | 1.3 | 1.0 | 0.7 | 0.8 | -14.9% |
| Others | 20.8 | 12.2 | 13.0 | 12.7 | -15.2% |
| Total | 108 | 80.6 | 95.1 | 101 | -2.2% |
Top Export Markets for Steel Stranded Wire from Spain in 2022:
- Portugal (11.7K tons)
- Morocco (6.7K tons)
- Italy (4.9K tons)
- France (3.6K tons)
- United States (2.8K tons)
- Germany (1.8K tons)
- Luxembourg (1.2K tons)
- Algeria (0.5K tons)
- Chile (0.4K tons)
This report provides an in-depth analysis of the steel stranded wire market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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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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...
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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...
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Explore the top import markets for steel stranded wire in the world, including key statistics and trends.
224
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.
895
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...
951
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...
