Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Sweden - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Sweden (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Sweden (FOB) - 2024
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Sweden
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Sweden
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Sweden (CIF) - 2022
The average import price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,519 per ton in 2022, surging by 6.1% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 24% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($3,219 per ton), while the price for Slovakia ($1,377 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Sweden (FOB) - 2024
In January 2024, the average export price for iron or non-alloy steel wire, plated or coated with zincs amounted to $1,658 per ton, shrinking by -6% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2023 when the average export price increased by 16% against the previous month. As a result, the export price attained the peak level of $1,765 per ton, and then declined in the following month.
As there is only one major export destination, the average price level is determined by prices for Norway.
From January 2023 to January 2024, the rate of growth in terms of prices for Portugal amounted to +3.3% per month.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Sweden
In 2022, the amount of iron or non-alloy steel wire, plated or coated with zincs imported into Sweden surged to 40K tons, growing by 48% against the year before. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.6% against 2020 indices. 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 zincs surged to $60M in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 13.8 | 10.8 | 18.7 | 32.0 | 32.4% |
| Germany | 1.4 | 2.1 | 5.3 | 7.8 | 77.3% |
| Czech Republic | 2.6 | 2.3 | 4.2 | 7.3 | 41.1% |
| Poland | 2.4 | 2.8 | 4.2 | 4.6 | 24.2% |
| Luxembourg | 2.8 | 1.7 | 1.7 | 3.6 | 8.7% |
| China | 0.3 | 0.6 | 0.9 | 1.4 | 67.1% |
| Italy | 0.5 | 2.6 | 1.4 | 0.9 | 21.6% |
| Others | 2.9 | 2.7 | 2.0 | 2.7 | -2.4% |
| Total | 26.7 | 25.6 | 38.3 | 60.3 | 31.2% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to Sweden in 2022:
- Slovakia (23.2K tons)
- Germany (4.9K tons)
- Czech Republic (4.7K tons)
- Poland (2.4K tons)
- Luxembourg (2.3K tons)
- China (0.6K tons)
- Italy (0.4K tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Sweden
For the third year in a row, Sweden recorded decline in shipments abroad of iron or non-alloy steel wire, plated or coated with zincs, which decreased by -24.8% to 5.5K tons in 2022. In general, exports faced a deep downturn. The smallest decline of -11% was in 2021.
In value terms, exports of iron or non-alloy steel wire, plated or coated with zincs shrank significantly to $7.8M in 2022. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 5.9% against the previous year.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 4,436 | 2,296 | 2,630 | 1,672 | -27.8% |
| Germany | 1,582 | 1,057 | 1,111 | 1,135 | -10.5% |
| Portugal | 247 | 202 | 106 | 904 | 54.1% |
| Estonia | 291 | 748 | 928 | 785 | 39.2% |
| Canada | 386 | 627 | 1,590 | 677 | 20.6% |
| Czech Republic | 254 | 528 | 587 | 506 | 25.8% |
| Lithuania | 394 | 411 | 636 | 390 | -0.3% |
| Norway | 520 | 651 | 519 | 338 | -13.4% |
| Poland | 514 | 456 | 282 | 301 | -16.3% |
| Romania | 115 | 132 | 153 | 236 | 27.1% |
| United Arab Emirates | 1.6 | 0.9 | N/A | 233 | 426.1% |
| Russia | 313 | 455 | 474 | 71.0 | -39.0% |
| Uruguay | 1,323 | 1,336 | 447 | 51.9 | -66.0% |
| Others | 1,130 | 1,043 | 1,064 | 528 | -22.4% |
| Total | 11,507 | 9,944 | 10,528 | 7,828 | -12.1% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc from Sweden in 2022:
- Finland (1034.7 tons)
- Germany (742.7 tons)
- Canada (704.6 tons)
- United Arab Emirates (515.2 tons)
- Portugal (497.9 tons)
- Estonia (447.8 tons)
- Czech Republic (341.9 tons)
- Uruguay (288.6 tons)
- Lithuania (212.8 tons)
- Poland (172.3 tons)
- Norway (137.7 tons)
- Romania (85.5 tons)
- Russia (61.6 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Sweden.
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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 Sweden.
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This report provides an in-depth analysis of the market for iron and steel wire in Sweden.
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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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