Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Iran - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Iran (FOB) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Iran (CIF) - 2022
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Iran
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Iran
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Iran (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, plated or coated with zincs amounted to $1,029 per ton, rising by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2020 an increase of 38%. The export price peaked in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($1,701 per ton), while the average price for exports to Kazakhstan ($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 Turkey (+27.1%), 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 Iran (CIF) - 2022
The average import price for iron or non-alloy steel wire, plated or coated with zincs stood at $2,101 per ton in 2022, with an increase of 15% against the previous year. Over the period under review, the import price recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of 77%. As a result, import price reached the peak level of $2,392 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
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 China ($2,122 per ton), while the price for Turkey amounted to $938 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Iran
In 2022, the amount of iron or non-alloy steel wire, plated or coated with zincs exported from Iran soared to 7.5K tons, jumping by 430% compared with the year before. In general, exports enjoyed 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 zincs surged to $7.8M in 2022. Over the period under review, exports saw a significant increase. 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 Zinc in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | 379 | 342 | 682 | 4,954 | 135.6% |
| Armenia | 64.8 | 36.0 | 50.7 | 935 | 143.5% |
| Georgia | 191 | 12.2 | 104 | 726 | 56.1% |
| Turkey | N/A | 25.4 | 112 | 531 | 357.2% |
| Italy | 10.8 | 76.8 | 20.8 | 241 | 181.5% |
| Tajikistan | 249 | 979 | 257 | 187 | -9.1% |
| Serbia | N/A | N/A | N/A | 164 | 0% |
| Oman | 98.3 | N/A | N/A | 16.3 | -45.1% |
| Others | N/A | N/A | 5.6 | 16.0 | 185.7% |
| Total | 993 | 1,472 | 1,233 | 7,770 | 98.5% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc from Iran in 2022:
- Azerbaijan (4509.1 tons)
- Armenia (1105.5 tons)
- Georgia (759.8 tons)
- Turkey (645.3 tons)
- Italy (244.6 tons)
- Serbia (140.3 tons)
- Tajikistan (109.8 tons)
- Oman (10.2 tons)
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Iran
In 2022, imports of iron or non-alloy steel wire, plated or coated with zincs into Iran dropped to 2.3K tons, with a decrease of -4% compared with the year before. In general, imports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 8.7%.
In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs rose markedly to $4.7M in 2022. The total import value increased at an average annual rate of +11.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 50%. As a result, imports attained the peak of $5.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.2 | 5.2 | 4.3 | 4.7 | 13.7% |
| United Arab Emirates | 0.2 | N/A | N/A | N/A | 0% |
| Turkey | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.4 | 5.2 | 4.3 | 4.7 | 11.4% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to Iran in 2022:
- China (2.2K tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Iran.
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This report provides an in-depth analysis of the market for iron and steel wire in Iran.
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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 Iran.
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This report provides an in-depth analysis of the market for iron and steel wire in Iran.
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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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