Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Denmark - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Denmark (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Denmark (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Denmark
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Denmark
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Denmark (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel wire, not plated or coateds amounted to $2,066 per ton, growing by 19% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 44% against the previous year. Over the period under review, average import prices hit record highs at $2,141 per ton in 2014; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,100 per ton), while the price for Croatia ($1,288 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Denmark (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, not plated or coateds amounted to $2,744 per ton, which is down by -17.2% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 57% against the previous year. As a result, the export price attained the peak level of $3,864 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($16,810 per ton), while the average price for exports to Latvia ($1,500 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 Brazil (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Denmark
In 2022, imports of iron or non-alloy steel wire, not plated or coateds into Denmark dropped to 25K tons, waning by -10.9% compared with the previous year. In general, imports continue to indicate a mild decline. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of 28K tons, and then contracted in the following year.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds rose markedly to $51M in 2022. Overall, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 83%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.9 | 4.5 | 14.3 | 12.4 | 36.3% |
| Austria | 9.4 | 5.3 | 8.0 | 11.1 | 5.7% |
| China | 3.6 | 4.2 | 5.6 | 8.1 | 31.0% |
| Croatia | 4.3 | 5.1 | 6.1 | 5.9 | 11.1% |
| Sweden | 3.3 | 1.9 | 3.8 | 4.8 | 13.3% |
| Belgium | 0.1 | 0.2 | 1.4 | 2.2 | 180.2% |
| Netherlands | 1.2 | 0.8 | 3.0 | 1.5 | 7.7% |
| United Kingdom | 3.2 | 2.5 | 1.4 | 1.3 | -25.9% |
| Others | 2.2 | 1.9 | 4.5 | 3.5 | 16.7% |
| Total | 32.1 | 26.3 | 48.1 | 50.9 | 16.6% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Denmark in 2022:
- Germany (7.5K tons)
- Croatia (4.6K tons)
- Austria (3.8K tons)
- China (2.6K tons)
- Sweden (2.2K tons)
- Netherlands (0.9K tons)
- Belgium (0.8K tons)
- United Kingdom (0.5K tons)
Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Denmark
Exports of iron or non-alloy steel wire, not plated or coateds from Denmark contracted to 365 tons in 2022, approximately mirroring the year before. In general, exports continue to indicate a deep setback.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds reduced markedly to $1M in 2022. Over the period under review, exports saw a deep setback. The smallest decline of -13.7% was in 2021.
| Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 274 | 200 | 297 | 333 | 6.7% |
| Latvia | 44.3 | 49.9 | 39.5 | 206 | 66.9% |
| France | 45.7 | 37.8 | 48.4 | 90.7 | 25.7% |
| Austria | 47.3 | 51.1 | 99.1 | 74.6 | 16.4% |
| Estonia | 130 | 87.7 | 75.6 | 57.4 | -23.9% |
| Netherlands | 116 | 102 | 52.6 | 25.8 | -39.4% |
| Sweden | 595 | 563 | 158 | 24.4 | -65.5% |
| Italy | 85.0 | 55.0 | 96.3 | 18.4 | -40.0% |
| United Kingdom | 102 | 85.6 | 117 | 15.4 | -46.8% |
| China | 54.6 | 4.8 | 58.2 | N/A | 3.2% |
| Others | 190 | 178 | 180 | 157 | -6.2% |
| Total | 1,684 | 1,415 | 1,222 | 1,002 | -15.9% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Denmark in 2022:
- Norway (149.7 tons)
- Latvia (137.3 tons)
- Austria (13.3 tons)
- France (11.8 tons)
- Estonia (9.2 tons)
- Sweden (6.7 tons)
- Netherlands (5.6 tons)
- Italy (2.9 tons)
- United Kingdom (2.1 tons)
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