Global Barbed Wire Market 2024

Barbed Wire Market Size

The global barbed wire market shrank slightly to $X in 2022, which is down by X% against the previous year. Overall, the total consumption indicated a perceptible 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, consumption increased by X% against 2020 indices. Over the period under review, the global market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Barbed Wire Production

In value terms, barbed wire production shrank modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated moderate 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, global production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Barbed Wire Exports

Exports

In 2022, shipments abroad of barbed wire and entanglements increased by X% to X tons, rising for the sixth year in a row after three years of decline. Overall, total exports indicated a moderate increase from 2012 to 2022: its volume 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, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, barbed wire exports soared to $X in 2022. Over the period under review, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

China prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2022. Turkey (X tons) ranks second in terms of the total exports with a X% share, followed by Spain (X%). Guatemala (X tons), Thailand (X tons), Mexico (X tons), Egypt (X tons), South Africa (X tons) and Brazil (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to barbed wire exports from China stood at X%. At the same time, Guatemala (X%), Egypt (X%), Turkey (X%), Spain (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, South Africa (X%), Mexico (X%) and Brazil (X%) illustrated a downward trend over the same period. China (X p.p.), Turkey (X p.p.), Guatemala (X p.p.) and Spain (X p.p.) significantly strengthened its position in terms of the global exports, while South Africa, Brazil and Mexico saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest barbed wire supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Turkey ($X), with a X% share of global exports. It was followed by Spain, with a X% share.

In China, barbed wire exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Spain (X% per year).

Export Prices by Country

In 2022, the average barbed wire export price amounted to $X per ton, jumping by X% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price 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, barbed wire export price increased by X% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Thailand ($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 other global leaders experienced more modest paces of growth.

Barbed Wire Imports

Imports

In 2022, purchases abroad of barbed wire and entanglements increased by X% to X tons, rising for the fourth consecutive year after three years of decline. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, global imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, barbed wire imports rose rapidly to $X in 2022. Overall, total imports indicated a pronounced expansion 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, global imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the United States (X tons), followed by the Philippines (X tons) were the largest importers of barbed wire and entanglements, together committing X% of total imports. Lithuania (X tons), Spain (X tons), Honduras (X tons), Congo (X tons), Kazakhstan (X tons), Portugal (X tons), Belgium (X tons), Mozambique (X tons), Iraq (X tons), Nicaragua (X tons) and Thailand (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Lithuania (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Spain ($X) and Iraq ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of global imports. Honduras, Lithuania, Portugal, Belgium, Nicaragua, the Philippines, Kazakhstan, Thailand, Mozambique and Congo lagged somewhat behind, together comprising a further X%.

Lithuania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average barbed wire import price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Global import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Iraq ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :