Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Netherlands - 2024

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Netherlands (CIF) - 2024
  2. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Netherlands (FOB) - 2024
  3. Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Netherlands
  4. Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Netherlands

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Netherlands (CIF) - 2024

In January 2024, the average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $1,376 per ton, remaining relatively unchanged against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 34% against the previous month. As a result, import price attained the peak level of $1,827 per ton. From September 2023 to January 2024, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From January 2023 to January 2024, the rate of growth in terms of prices for Germany amounted to +3.3% per month.

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Netherlands (FOB) - 2024

The average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $1,901 per ton in January 2024, which is down by -16.5% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average export price increased by 23% month-to-month. The export price peaked at $2,371 per ton in June 2023; however, from July 2023 to January 2024, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Mexico.

From January 2023 to January 2024, the rate of growth in terms of prices for Slovakia amounted to +5.3% per month.

Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Netherlands

In 2022, the amount of iron or non-alloy steel wire, plated or coated with non-zinc base metalses imported into the Netherlands soared to 19K tons, increasing by 59% against the year before. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses soared to $31M in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7.97.112.215.525.2%
Germany1.60.90.89.279.2%
Slovakia0.80.91.01.420.5%
Poland0.80.70.71.214.5%
South KoreaN/A1.00.90.8-10.6%
China0.30.20.30.626.0%
United Kingdom2.31.90.20.1-64.8%
Others0.91.61.32.540.6%
Total14.714.317.431.328.6%

Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to the Netherlands in 2022:

  1. Italy (11.8K tons)
  2. Germany (4.7K tons)
  3. Slovakia (0.7K tons)
  4. Poland (0.5K tons)
  5. South Korea (0.4K tons)
  6. China (0.3K tons)

Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Netherlands

In 2022, shipments abroad of iron or non-alloy steel wire, plated or coated with non-zinc base metalses decreased by -59.2% to 4.1K tons, falling for the second year in a row after two years of growth. Overall, exports saw a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 0.6%. As a result, the exports attained the peak of 12K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses fell sharply to $7.8M in 2022. Over the period under review, exports faced a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 0.9%.

Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic1.21.32.82.426.0%
Germany9.17.1N/A1.1-50.6%
Slovakia0.70.91.01.116.3%
Hungary0.50.4N/A0.711.9%
Denmark0.50.30.60.711.9%
Poland0.30.2N/A0.518.6%
IrelandN/A0.10.40.373.2%
Belgium0.50.12.40.1-41.5%
Finland1.41.1N/AN/A-21.4%
Others1.43.88.40.8-17.0%
Total15.715.415.57.8-20.8%

Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from the Netherlands in 2022:

  1. Czech Republic (1475.5 tons)
  2. Slovakia (746.8 tons)
  3. Germany (527.6 tons)
  4. Hungary (332.4 tons)
  5. Denmark (301.6 tons)
  6. Poland (204.5 tons)
  7. Ireland (155.7 tons)
  8. Belgium (16.9 tons)
  9. Finland (1.3 tons)

Source: IndexBox Market Intelligence Platform

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