Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Belarus - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Belarus (FOB) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Belarus (CIF) - 2022
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Belarus
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Belarus
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Belarus (FOB) - 2022
In March 2022, the average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $1,143 per ton, waning by -8.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in July 2021 when the average export price increased by 11% m-o-m. Over the period under review, the average export prices reached the peak figure at $1,247 per ton in February 2022, and then declined in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($1,474 per ton), while the average price for exports to Russia ($922 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Belarus (CIF) - 2022
In March 2022, the average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $1,732 per ton, growing by 4.4% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2021 when the average import price increased by 53% month-to-month. As a result, import price reached the peak level of $2,921 per ton. From November 2021 to March 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Poland ($2,468 per ton), while the price for Ukraine ($1,141 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Belarus
In 2022, approx. 87K tons of iron or non-alloy steel wire, plated or coated with non-zinc base metalses were exported from Belarus; with an increase of 10% compared with the previous year's figure. The total export volume increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses skyrocketed to $116M in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 40%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 25.1 | 20.8 | 30.2 | 40.0 | 16.8% |
| Italy | 7.8 | 7.4 | 12.0 | 15.9 | 26.8% |
| Turkey | 5.5 | 6.2 | 9.9 | 13.1 | 33.5% |
| Poland | 8.7 | 6.5 | 9.0 | 11.9 | 11.0% |
| Romania | 6.4 | 7.4 | 8.1 | 10.7 | 18.7% |
| Czech Republic | 1.8 | 3.0 | 4.3 | 5.7 | 46.8% |
| Austria | 1.7 | 2.0 | 2.8 | 3.7 | 29.6% |
| United States | 2.5 | 2.3 | 2.5 | 3.3 | 9.7% |
| Portugal | 2.1 | 1.9 | 2.3 | 3.0 | 12.6% |
| Germany | 0.6 | 1.0 | 1.6 | 2.1 | 51.8% |
| Serbia | 1.6 | 1.3 | 0.7 | 1.6 | 0.0% |
| Others | 3.0 | 2.8 | 4.3 | 5.3 | 20.9% |
| Total | 66.8 | 62.5 | 87.8 | 116 | 20.2% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Belarus in 2022:
- Russia (29.2K tons)
- Italy (11.0K tons)
- Turkey (9.3K tons)
- Romania (9.2K tons)
- Poland (8.8K tons)
- Czech Republic (4.2K tons)
- United States (3.2K tons)
- Portugal (2.6K tons)
- Austria (2.4K tons)
- Germany (1.8K tons)
- Serbia (1.4K tons)
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Belarus
Imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses into Belarus surged to 1.3K tons in 2022, rising by 33% on 2021. In general, imports saw resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by 51% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses soared to $2.7M in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 100%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 144 | 85.7 | 1,068 | 1,546 | 120.6% |
| China | 474 | 393 | 164 | 490 | 1.1% |
| Poland | 206 | 133 | 167 | 241 | 5.4% |
| United Kingdom | 44.6 | 47.7 | 45.8 | 65.6 | 13.7% |
| Czech Republic | 6.8 | 67.1 | 0.8 | 35.5 | 73.5% |
| Spain | 257 | 42.2 | N/A | N/A | -83.6% |
| Others | 205 | 104 | 302 | 357 | 20.3% |
| Total | 1,337 | 873 | 1,748 | 2,735 | 26.9% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Belarus in 2022:
- Russia (633.1 tons)
- China (314.2 tons)
- Poland (96.9 tons)
- United Kingdom (25.5 tons)
- Czech Republic (17.2 tons)
387
This report provides an in-depth analysis of the market for iron and steel wire in Belarus.
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This report provides an in-depth analysis of the market for iron and steel wire in Belarus.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the market for iron and steel wire in Belarus.
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This report provides an in-depth analysis of the market for iron and steel wire in Belarus.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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