Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United Arab Emirates - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United Arab Emirates (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United Arab Emirates (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United Arab Emirates
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United Arab Emirates
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $1,486 per ton, declining by -12.2% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 37% against the previous year. The import price peaked at $1,693 per ton in 2021, and then dropped in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($32,311 per ton), while the price for the United States ($673 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+40.9%), 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 Non-Zinc Base Metals in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $1,740 per ton, waning by -17.7% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses increased by +69.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 93%. As a result, the export price reached the peak level of $2,114 per ton, and then declined sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($5,793 per ton), while the average price for exports to Gambia ($320 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United Arab Emirates
In 2022, after two years of decline, there was significant growth in supplies from abroad of iron or non-alloy steel wire, plated or coated with non-zinc base metalses, when their volume increased by 54% to 3K tons. Over the period under review, imports, however, recorded a abrupt curtailment.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses soared to $4.5M in 2022. In general, imports, however, continue to indicate a pronounced slump.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 731 | 591 | 593 | 971 | 9.9% |
| China | 354 | 433 | 519 | 865 | 34.7% |
| Thailand | 660 | 540 | 520 | 767 | 5.1% |
| Czech Republic | 1,139 | 608 | 535 | 493 | -24.4% |
| United States | 94.6 | 82.6 | 88.0 | 287 | 44.8% |
| France | 959 | 574 | 422 | 284 | -33.3% |
| Italy | 158 | 54.6 | 187 | 212 | 10.3% |
| South Korea | 366 | 340 | 81.2 | 164 | -23.5% |
| India | 246 | 92.1 | 80.3 | 14.3 | -61.3% |
| Others | 455 | 320 | 295 | 426 | -2.2% |
| Total | 5,164 | 3,634 | 3,321 | 4,482 | -4.6% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to the United Arab Emirates in 2022:
- China (666.5 tons)
- Thailand (531.9 tons)
- Germany (445.6 tons)
- United States (425.5 tons)
- Czech Republic (296.9 tons)
- France (164.4 tons)
- Italy (124.0 tons)
- South Korea (61.4 tons)
- India (8.0 tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United Arab Emirates
Exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses from the United Arab Emirates skyrocketed to 489 tons in 2022, with an increase of 788% on the previous year. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses skyrocketed to $851K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.4 | 16.9 | 26.7 | 153 | 226.4% |
| Pakistan | 1.2 | 7.4 | 29.5 | 113 | 355.0% |
| Yemen | 0.5 | 0.8 | 0.8 | 87.5 | 459.3% |
| Saudi Arabia | 11.4 | 21.1 | 7.7 | 73.8 | 86.4% |
| Qatar | 6.0 | 9.5 | 9.8 | 61.7 | 117.5% |
| India | 10.0 | 8.0 | 0.9 | 51.5 | 72.7% |
| Oman | 33.5 | 8.5 | 4.4 | 44.4 | 9.8% |
| Iran | 4.3 | 4.8 | 3.1 | 41.3 | 112.6% |
| Morocco | N/A | N/A | N/A | 33.1 | 0% |
| Gambia | 0.9 | 8.1 | 3.4 | 24.2 | 199.6% |
| Jordan | 2.3 | 3.2 | 2.8 | 23.2 | 116.1% |
| Congo | 0.4 | 1.6 | 2.7 | 15.5 | 238.4% |
| Ghana | 6.2 | 5.2 | 2.6 | 14.8 | 33.6% |
| Others | 13.2 | 33.9 | 22.1 | 114 | 105.2% |
| Total | 94.3 | 129 | 117 | 851 | 108.2% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from the United Arab Emirates in 2022:
- Pakistan (145.7 tons)
- Gambia (75.7 tons)
- United States (63.7 tons)
- Saudi Arabia (29.6 tons)
- Iran (23.9 tons)
- India (19.7 tons)
- Congo (16.8 tons)
- Morocco (15.7 tons)
- Yemen (15.2 tons)
- Oman (11.0 tons)
- Qatar (10.6 tons)
- Ghana (10.5 tons)
- Jordan (8.4 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in the United Arab Emirates.
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This report provides an in-depth analysis of the market for iron and steel wire in the United Arab Emirates.
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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 the United Arab Emirates.
457
This report provides an in-depth analysis of the market for iron and steel wire in the United Arab Emirates.
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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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