Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Netherlands - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Netherlands (FOB) - 2024
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Netherlands (CIF) - 2024
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Netherlands
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Netherlands
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Netherlands (FOB) - 2024
In January 2024, the average export price for iron or non-alloy steel wire, plated or coated with zincs amounted to $1,407 per ton, falling by -16.2% against the previous month. In general, the export price saw a mild contraction. The pace of growth was the most pronounced in October 2023 an increase of 30% against the previous month. As a result, the export price attained the peak level of $1,733 per ton. From November 2023 to January 2024, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($3,549 per ton), while the average price for exports to Egypt ($75.0 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.6%), 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 Zinc in the Netherlands (CIF) - 2024
In January 2024, the average import price for iron or non-alloy steel wire, plated or coated with zincs amounted to $1,398 per ton, reducing by -1.9% against the previous month. Over the period under review, the import price continues to indicate a noticeable curtailment. The growth pace was the most rapid in December 2023 an increase of 22% m-o-m. Over the period under review, average import prices reached the maximum at $1,801 per ton in January 2023; however, from February 2023 to January 2024, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was China ($970 per ton), while the price for Turkey stood at $967 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Slovakia (+5.6%), 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 Zinc in the Netherlands
In 2022, exports of iron or non-alloy steel wire, plated or coated with zincs from the Netherlands surged to 140K tons, rising by 329% compared with the year before. Over the period under review, exports showed a significant increase. As a result, the exports reached 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 zincs soared to $150M in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.1 | 13.7 | 25.4 | 106 | 83.7% |
| Czech Republic | 0.8 | 0.4 | 1.1 | 15.6 | 169.2% |
| France | 0.1 | 0.2 | 2.1 | 11.5 | 386.3% |
| United Kingdom | 1.7 | 1.3 | 9.0 | 6.9 | 59.5% |
| Belgium | 4.1 | 4.3 | 3.4 | 4.1 | 0.0% |
| Others | 3.1 | 7.8 | 9.0 | 6.0 | 24.6% |
| Total | 26.8 | 27.7 | 50.0 | 150 | 77.5% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc from the Netherlands in 2022:
- Germany (99.4K tons)
- Czech Republic (17.9K tons)
- France (10.0K tons)
- United Kingdom (5.9K tons)
- Belgium (3.0K tons)
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Netherlands
In 2022, imports of iron or non-alloy steel wire, plated or coated with zincs into the Netherlands declined to 35K tons, waning by -5.7% compared with the year before. Overall, imports continue to indicate a abrupt shrinkage.
In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs reached $62M in 2022. The total import value increased at an average annual rate of +8.2% over the period 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 28% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.2 | 9.3 | 11.4 | 12.6 | 7.3% |
| Slovakia | 4.7 | 5.0 | 6.5 | 9.8 | 27.8% |
| Turkey | 16.7 | 11.2 | 1.2 | 9.2 | -18.0% |
| United Kingdom | 0.2 | 0.1 | 9.6 | 7.1 | 228.7% |
| China | 1.4 | 2.4 | 3.7 | 6.9 | 70.2% |
| Luxembourg | 2.1 | 2.7 | 3.2 | 4.1 | 25.0% |
| France | 1.7 | 1.6 | 2.8 | 2.9 | 19.5% |
| Italy | 3.3 | 2.2 | 3.5 | 1.8 | -18.3% |
| Spain | 2.7 | 3.1 | 2.5 | 0.4 | -47.1% |
| Others | 5.6 | 5.1 | 10.3 | 6.7 | 6.2% |
| Total | 48.6 | 42.7 | 54.6 | 61.6 | 8.2% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to the Netherlands in 2022:
- Turkey (7.8K tons)
- Germany (6.8K tons)
- Slovakia (5.6K tons)
- United Kingdom (3.1K tons)
- China (2.9K tons)
- Luxembourg (2.5K tons)
- France (1.5K tons)
- Italy (1.0K tons)
- Spain (0.2K tons)
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This report provides an in-depth analysis of the market for iron and steel wire in the Netherlands.
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This report provides an in-depth analysis of the market for iron and steel wire in the Netherlands.
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