Latest Report Update: Jan 5, 2021

World - Hot-Rolled Wire Rod In Coil Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Overview of the Global Market for Hot-Rolled Wire Rod In Coil Of Stainless Steel

Market Size for Hot-Rolled Wire Rod In Coil Of Stainless Steel

The global market for hot-rolled wire rod in coil of stainless steel declined to $X in 2019, waning by -X% against the previous year. Overall, consumption, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Global consumption peaked at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.

Production of Hot-Rolled Wire Rod In Coil Of Stainless Steel

In value terms, hot-rolled wire stainless steel rod production declined modestly to $X in 2019 estimated in export prices. In general, production, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2011 when the production volume increased by X% against the previous year. Global production peaked at $X in 2007; however, from 2008 to 2019, production remained at a lower figure.

Production By Country

The countries with the highest volumes of hot-rolled wire stainless steel rod production in 2019 were Taiwan (Chinese) (X tonnes), Japan (X tonnes) and France (X tonnes), with a combined X% share of global production. China, Spain, India and Sweden lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of hot-rolled wire stainless steel rod production, amongst the leading producing countries, was attained by China, while hot-rolled wire stainless steel rod production for the other global leaders experienced more modest paces of growth.

Exports of Hot-Rolled Wire Rod In Coil Of Stainless Steel

Exports

In 2019, overseas shipments of hot-rolled wire rod in coil of stainless steel decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Global exports peaked at X tonnes in 2014; however, from 2015 to 2019, exports remained at a lower figure.

In value terms, hot-rolled wire stainless steel rod exports shrank to $X in 2019. Over the period under review, exports, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Global exports peaked at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

In 2019, China (X tonnes), distantly followed by Japan (X tonnes), Italy (X tonnes), France (X tonnes), South Korea (X tonnes), Spain (X tonnes), India (X tonnes) and Sweden (X tonnes) were the main exporters of hot-rolled wire rod in coil of stainless steel, together achieving X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by China, while exports for the other global leaders experienced mixed trends in the exports figures.

In value terms, China ($X), Italy ($X) and Japan ($X) were the countries with the highest levels of exports in 2019, with a combined X% share of global exports.

Among the main exporting countries, China recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Export Prices by Country

The average export price for hot-rolled wire rod in coil of stainless steel stood at $X per tonne in 2019, dropping by -X% against the previous year. In general, the export price showed a pronounced descent. The pace of growth appeared the most rapid in 2010 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the peak figure at $X per tonne in 2007; however, from 2008 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Sweden ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced a decline in the export price figures.

Imports of Hot-Rolled Wire Rod In Coil Of Stainless Steel

Imports

In 2019, approx. X tonnes of hot-rolled wire rod in coil of stainless steel were imported worldwide; falling by -X% on 2018. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, global imports reached the maximum at X tonnes in 2018, and then reduced remarkably in the following year.

In value terms, hot-rolled wire stainless steel rod imports shrank remarkably to $X in 2019. Over the period under review, imports, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Global imports peaked at $X in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

Imports by Country

The purchases of the three major importers of hot-rolled wire rod in coil of stainless steel, namely Italy, South Korea and Germany, represented more than third of total import. Thailand (X tonnes) ranks next in terms of the total imports with a X% share, followed by Viet Nam (X%), the U.S. (X%), Switzerland (X%) and India (X%). The following importers - Malaysia (X tonnes), the Czech Republic (X tonnes), Mexico (X tonnes) and Japan (X tonnes) - together made up X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Viet Nam, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest hot-rolled wire stainless steel rod importing markets worldwide were Italy ($X), Germany ($X) and South Korea ($X), together comprising X% of global imports. These countries were followed by the U.S., Thailand, Switzerland, Viet Nam, India, the Czech Republic, Malaysia, Mexico and Japan, which together accounted for a further X terms of the main importing countries, Viet Nam recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for hot-rolled wire rod in coil of stainless steel stood at $X per tonne in 2019, waning by -X% against the previous year. In general, the import price showed a noticeable decline. The growth pace was the most rapid in 2011 when the average import price increased by X% against the previous year. Global import price peaked at $X per tonne in 2007; however, from 2008 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled wire rod in coil of stainless steel in the world?
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The country with the largest volume of hot-rolled wire stainless steel rod consumption was Taiwan (Chinese) (148K tonnes), comprising approx. 27% of total volume. Moreover, hot-rolled wire stainless steel rod consumption in Taiwan (Chinese) exceeded the figures recorded by the second-largest consumer, Germany (66K tonnes), twofold. The third position in this ranking was occupied by Thailand (46K tonnes), with a 8.2% share.
What are the largest producers of hot-rolled wire rod in coil of stainless steel in the world?
+
The countries with the highest volumes of hot-rolled wire stainless steel rod production in 2019 were Taiwan (Chinese) (148K tonnes), Japan (85K tonnes) and France (71K tonnes), together accounting for 56% of global production. China, Spain, India and Sweden lagged somewhat behind, together comprising a further 40%.
What are the leading exporters of hot-rolled wire rod in coil of stainless steel in the world?
+
In value terms, the largest hot-rolled wire stainless steel rod supplying countries worldwide were China ($250M), Italy ($240M) and Japan ($237M), with a combined 48% share of global exports.
What are the leading importers of hot-rolled wire rod in coil of stainless steel in the world?
+
In value terms, the largest hot-rolled wire stainless steel rod importing markets worldwide were Italy ($254M), Germany ($214M) and South Korea ($152M), with a combined 41% share of global imports. These countries were followed by the U.S., Thailand, Switzerland, Viet Nam, India, the Czech Republic, Malaysia, Mexico and Japan, which together accounted for a further 46%.
What is the average export price for hot-rolled wire rod in coil of stainless steel in the world?
+
The average export price for hot-rolled wire rod in coil of stainless steel stood at $2,795 per tonne in 2019, with a decrease of -2% against the previous year.
What is the average import price for hot-rolled wire rod in coil of stainless steel in the world?
+
The average import price for hot-rolled wire rod in coil of stainless steel stood at $2,709 per tonne in 2019, shrinking by -2.2% against the previous year.

Product coverage:
• Prodcom 24106300 - Hot-rolled wire rod in coil, of stainless steel

This report provides an in-depth analysis of the global market for hot-rolled wire stainless steel rod. 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 2025.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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