Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Qatar - 2023

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Qatar (CIF) - 2022
  2. Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Qatar

Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Qatar (CIF) - 2022

In 2022, the average import price for iron or non-alloy steel wire, not plated or coateds amounted to $999 per ton, picking up by 13% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 40%. As a result, import price attained the peak level of $1,109 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($1,159 per ton) and India ($1,119 per ton), while the price for China ($851 per ton) and Tunisia ($1,096 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Qatar

In 2022, supplies from abroad of iron or non-alloy steel wire, not plated or coateds decreased by -39.5% to 1.9K tons, falling for the second year in a row after two years of growth. In general, imports faced a deep downturn. The growth pace was the most rapid in 2020 when imports increased by 1.8%. As a result, imports reached the peak of 3.6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of iron or non-alloy steel wire, not plated or coateds contracted significantly to $1.9M in 2022. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. As a result, imports reached the peak of $2.8M, and then declined dramatically in the following year.

Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,9801,7511,559926-22.4%
Turkey10922956766782.9%
India13125364321918.7%
TunisiaN/A17.7N/A51.270.1%
Others63.152.725.342.0-12.7%
Total2,2832,3042,7951,905-5.9%

Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Qatar in 2022:

  1. China (1088.4 tons)
  2. Turkey (575.4 tons)
  3. India (195.9 tons)
  4. Tunisia (46.8 tons)

Source: IndexBox Market Intelligence Platform

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