Tunisia: Market for Iron or Steel Wire Products 2024

Market Size for Iron or Steel Wire Products in Tunisia

In 2022, the Tunisian market for iron or steel wire products decreased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption faced a deep setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Iron or Steel Wire Products in Tunisia

In value terms, iron or steel wire product production dropped rapidly to $X in 2022 estimated in export price. Overall, production recorded a abrupt setback. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Iron or Steel Wire Products

Exports from Tunisia

In 2022, shipments abroad of iron or steel wire products decreased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, iron or steel wire product exports surged to $X in 2022. Over the period under review, exports, however, saw perceptible growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons), Italy (X tons) and Libya (X tons) were the main destinations of iron or steel wire product exports from Tunisia, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, France ($X), Italy ($X) and Libya ($X) constituted the largest markets for iron or steel wire product exported from Tunisia worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, France, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for iron or steel wire products stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price, however, saw a mild shrinkage. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Libya ($X per ton), while the average price for exports to France ($X 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 Libya (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron or Steel Wire Products

Imports into Tunisia

In 2022, after three years of decline, there was decline in supplies from abroad of iron or steel wire products, when their volume decreased by X% to X tons. Over the period under review, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, iron or steel wire product imports soared to $X in 2022. Overall, imports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Poland (X tons), Italy (X tons) and France (X tons) were the main suppliers of iron or steel wire product imports to Tunisia, together accounting for X% of total imports. The Czech Republic, China, Turkey, Germany, the Netherlands and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Italy ($X) and France ($X) constituted the largest iron or steel wire product suppliers to Tunisia, with a combined X% share of total imports. Germany, China, Turkey, the Czech Republic, the Netherlands and Belgium lagged somewhat behind, together accounting for a further X%.

The Czech Republic, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for iron or steel wire products stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price showed a pronounced expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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