Report Update Apr 1, 2024

Sri Lanka - Ribbed or Other Deformed Wire Rod of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Market for Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel 2024

Market Size for Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel in Sri Lanka

The Sri Lankan market for ribbed or other deformed wire rod of non-alloy steel was estimated at $X in 2022, standing approx. at the previous year. Overall, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Deformed non-alloy steel wire rod consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel in Sri Lanka

In value terms, deformed non-alloy steel wire rod production stood at $X in 2022 estimated in export price. In general, the total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel

Exports from Sri Lanka

In 2022, approx. X tons of ribbed or other deformed wire rod of non-alloy steel were exported from Sri Lanka; surging by X% compared with the previous year's figure. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, deformed non-alloy steel wire rod exports surged to $X in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Maldives (X tons) was the main destination for deformed non-alloy steel wire rod exports from Sri Lanka, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Maldives amounted to X%.

In value terms, Maldives ($X) also remains the key foreign market for ribbed or other deformed wire rod of non-alloy steel exports from Sri Lanka.

From 2012 to 2022, the average annual rate of growth in terms of value to Maldives stood at X%.

Export Prices by Country

In 2022, the average export price for ribbed or other deformed wire rod of non-alloy steel amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to X% per year.

Imports of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel

Imports into Sri Lanka

In 2022, supplies from abroad of ribbed or other deformed wire rod of non-alloy steel decreased by X% to X kg, falling for the third year in a row after two years of growth. Overall, imports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, deformed non-alloy steel wire rod imports contracted dramatically to $X in 2022. Over the period under review, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X kg) was the main deformed non-alloy steel wire rod supplier to Sri Lanka, with a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates was relatively modest.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of ribbed or other deformed wire rod of non-alloy steel to Sri Lanka.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled X%.

Import Prices by Country

The average import price for ribbed or other deformed wire rod of non-alloy steel stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price continues to indicate a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ribbed or other deformed wire rod of non-alloy steel in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, with a combined 35% share of global consumption. Japan, Pakistan, Nigeria, Brazil, Indonesia, the UK, France, Mexico, Germany and Turkey lagged somewhat behind, together comprising a further 30%.

What are the largest producers of ribbed or other deformed wire rod of non-alloy steel in the world?

The countries with the highest volumes of production in 2022 were China, the United States and India, with a combined 36% share of global production. Japan, Pakistan, Nigeria, Brazil, Indonesia, France, the UK, Turkey, Germany and Mexico lagged somewhat behind, together comprising a further 30%.

What are the leading suppliers of ribbed or other deformed wire rod of non-alloy steel to Sri Lanka?

In value terms, the United Arab Emirates $967) constituted the largest supplier of ribbed or other deformed wire rod of non-alloy steel to Sri Lanka.

What are the leading importers of ribbed or other deformed wire rod of non-alloy steel from Sri Lanka?

In value terms, Maldives remains the key foreign market for ribbed or other deformed wire rod of non-alloy steel exports from Sri Lanka.

What is the average export price for ribbed or other deformed wire rod of non-alloy steel in Sri Lanka?

In 2022, the average export price for ribbed or other deformed wire rod of non-alloy steel amounted to $692 per ton, picking up by 7.5% against the previous year.

What is the average import price for ribbed or other deformed wire rod of non-alloy steel in Sri Lanka?

The average import price for ribbed or other deformed wire rod of non-alloy steel stood at $1,441 per ton in 2022, picking up by 75% against the previous year.

This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Sri Lanka. 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 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023