Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ukraine - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ukraine (FOB) - 2024
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ukraine (CIF) - 2024
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ukraine
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ukraine
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ukraine (FOB) - 2024
In December 2023, the average export price for iron or non-alloy steel wire, not plated or coateds amounted to $829 per ton, rising by 2.6% against the previous month. Overall, the export price, however, saw a slight downturn. The pace of growth was the most pronounced in November 2023 an increase of 7% against the previous month. The export price peaked at $990 per ton in January 2023; however, from February 2023 to December 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In December 2023, the highest price was recorded for prices to Germany ($938 per ton) and the Netherlands ($869 per ton), while the average price for exports to Moldova ($715 per ton) and Hungary ($762 per ton) were amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-0.1%), while the prices for the other major destinations experienced a decline.
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ukraine (CIF) - 2024
In December 2023, the average import price for iron or non-alloy steel wire, not plated or coateds amounted to $1,024 per ton, with a decrease of -9.6% against the previous month. In general, the import price saw a pronounced decline. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 34% against the previous month. Over the period under review, average import prices reached the peak figure at $1,513 per ton in February 2023; however, from March 2023 to December 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Turkey ($1,175 per ton), while the price for China ($917 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ukraine
After two years of decline, overseas shipments of iron or non-alloy steel wire, not plated or coateds increased by 47% to 67K tons in 2022. Overall, total exports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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, not plated or coateds soared to $77M in 2022. In general, exports enjoyed strong growth. 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, Not Plated or Coated in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 10.0 | 4.8 | 8.9 | 21.3 | 28.7% |
| Germany | 11.1 | 8.2 | 10.3 | 21.0 | 23.7% |
| Czech Republic | 3.6 | 2.2 | 4.1 | 10.4 | 42.4% |
| Netherlands | 1.6 | 2.5 | 3.1 | 3.6 | 31.0% |
| Luxembourg | 2.1 | 1.6 | 1.8 | 3.4 | 17.4% |
| Moldova | 2.1 | 2.3 | 2.8 | 3.2 | 15.1% |
| Lithuania | 1.0 | 1.0 | 2.2 | 3.1 | 45.8% |
| Hungary | 1.3 | 1.5 | 1.5 | 2.8 | 29.1% |
| Slovakia | 0.4 | 0.3 | 0.8 | 2.0 | 71.0% |
| Romania | 1.5 | 1.2 | 1.3 | 1.9 | 8.2% |
| Belarus | 7.6 | 6.2 | 6.3 | 0.9 | -50.9% |
| Others | 2.8 | 1.9 | 2.7 | 3.2 | 4.6% |
| Total | 45.0 | 33.7 | 45.7 | 76.9 | 19.6% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Ukraine in 2022:
- Poland (19.6K tons)
- Germany (17.5K tons)
- Czech Republic (8.6K tons)
- Moldova (3.3K tons)
- Netherlands (3.3K tons)
- Lithuania (2.7K tons)
- Hungary (2.6K tons)
- Luxembourg (2.5K tons)
- Slovakia (2.0K tons)
- Romania (1.8K tons)
- Belarus (0.8K tons)
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ukraine
In 2022, approx. 1.5K tons of iron or non-alloy steel wire, not plated or coateds were imported into Ukraine; waning by -82.4% against the year before. Over the period under review, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. As a result, imports reached the peak of 8.6K tons, and then declined sharply in the following year.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds shrank sharply to $2.2M in 2022. In general, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 84% against the previous year. As a result, imports attained the peak of $8.2M, and then fell notably in the following year.
| Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 673 | 518 | 767 | 504 | -9.2% |
| Czech Republic | 1,253 | 560 | 741 | 383 | -32.6% |
| Italy | 94.6 | 141 | 177 | 332 | 52.0% |
| Turkey | 38.9 | 612 | 812 | 249 | 85.7% |
| India | N/A | N/A | 206 | 164 | -20.4% |
| China | 62.0 | 37.3 | 71.3 | 160 | 37.2% |
| Hungary | 309 | 633 | 553 | 139 | -23.4% |
| Poland | 718 | 389 | 135 | 41.6 | -61.3% |
| Belarus | N/A | 374 | 3,923 | 39.4 | -67.5% |
| Kazakhstan | 57.3 | 804 | 613 | 13.9 | -37.6% |
| Russia | 3,406 | N/A | N/A | N/A | 0% |
| Others | 176 | 398 | 232 | 164 | -2.3% |
| Total | 6,788 | 4,466 | 8,230 | 2,188 | -31.4% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Ukraine in 2022:
- Germany (344.5 tons)
- Czech Republic (222.9 tons)
- Italy (219.6 tons)
- Turkey (196.7 tons)
- India (120.9 tons)
- China (120.3 tons)
- Hungary (89.7 tons)
- Belarus (44.5 tons)
- Poland (33.5 tons)
- Kazakhstan (9.7 tons)
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