Overview of the Global Market for Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel

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

The global market for ribbed or other deformed wire rod of non-alloy steel totaled $X in 2022, remaining relatively unchanged against the previous year. Overall, the total consumption indicated a temperate 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, consumption increased by X% against 2016 indices. Global consumption peaked in 2022 and is likely to continue growth in years to come.

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

In value terms, deformed non-alloy steel wire rod production reached $X in 2022 estimated in export price. In general, the total production indicated a moderate 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, production increased by X% against 2016 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. Global production peaked in 2022 and is expected to retain growth in the near future.

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

Exports

Global deformed non-alloy steel wire rod exports shrank sharply to X tons in 2022, dropping by X% on 2021. Over the period under review, exports, however, enjoyed a temperate increase. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the global exports attained the peak figure at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, deformed non-alloy steel wire rod exports contracted modestly to $X in 2022. In general, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

In 2022, Italy (X tons), Turkey (X tons), Germany (X tons), Portugal (X tons) and Greece (X tons) was the main exporter of ribbed or other deformed wire rod of non-alloy steel in the world, making up X% of total export. The following exporters - France (X tons), Saudi Arabia (X tons), Poland (X tons), Vietnam (X tons), Spain (X tons), Malaysia (X tons), China (X tons) and Belgium (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Malaysia (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest deformed non-alloy steel wire rod supplying countries worldwide were Italy ($X), Germany ($X) and Turkey ($X), together accounting for X% of global exports. Portugal, Greece, France, Poland, Saudi Arabia, Vietnam, Spain, Belgium, China and Malaysia lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Malaysia, 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 global leaders experienced more modest paces of growth.

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, surging by X% against the previous year. Over the period under review, export price indicated a temperate increase 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, deformed non-alloy steel wire rod export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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

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

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

Imports

Global deformed non-alloy steel wire rod imports contracted to X tons in 2022, shrinking by X% against the year before. In general, total imports indicated notable growth 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, deformed non-alloy steel wire rod imports stood at $X in 2022. Over the period under review, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, global imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Israel (X tons), Austria (X tons), Romania (X tons), Singapore (X tons), Switzerland (X tons), Yemen (X tons), Germany (X tons), Spain (X tons), the UK (X tons), Hungary (X tons), France (X tons) and Kuwait (X tons) represented roughly X% of total imports in 2022. Poland (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Kuwait (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Israel ($X), Austria ($X) and Romania ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of global imports. Switzerland, Singapore, Germany, Spain, the UK, Hungary, France, Poland, Kuwait and Yemen lagged somewhat behind, together accounting for a further X%.

Kuwait, with a CAGR of X%, recorded the highest growth rate of 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 import price for ribbed or other deformed wire rod of non-alloy steel amounted to $X per ton, jumping by X% against the previous year. In general, import price indicated a pronounced increase 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, deformed non-alloy steel wire rod import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Global import price peaked in 2022 and is likely to continue growth in years to come.

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

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

Source: IndexBox Platform

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