Italy - Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Deformed Non-Alloy Steel Wire Rod in Italy - 2023
Contents:
- Price for Deformed Non-Alloy Steel Wire Rod in Italy (FOB) - 2023
- Price for Deformed Non-Alloy Steel Wire Rod in Italy (CIF) - 2022
- Exports of Deformed Non-Alloy Steel Wire Rod in Italy
- Imports of Deformed Non-Alloy Steel Wire Rod in Italy
Price for Deformed Non-Alloy Steel Wire Rod in Italy (FOB) - 2023
The average export price for ribbed or other deformed wire rod of non-alloy steel stood at $665 per ton in June 2023, shrinking by -9.6% against the previous month. Over the period under review, the export price showed a perceptible descent. The growth pace was the most rapid in April 2023 when the average export price increased by 8.2% month-to-month. Over the period under review, the average export prices reached the peak figure at $1,062 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In June 2023, the highest price was recorded for prices to Australia ($748 per ton) and Switzerland ($688 per ton), while the average price for exports to Bulgaria ($630 per ton) and Romania ($637 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (-2.3%), while the prices for the other major destinations experienced a decline.
Price for Deformed Non-Alloy Steel Wire Rod in Italy (CIF) - 2022
The average import price for ribbed or other deformed wire rod of non-alloy steel stood at $898 per ton in 2022, picking up by 30% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, deformed non-alloy steel wire rod import price increased by +60.9% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Germany ($1,209 per ton), while the price for Spain ($537 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Deformed Non-Alloy Steel Wire Rod in Italy
In 2022, shipments abroad of ribbed or other deformed wire rod of non-alloy steel decreased by -8.4% to 600K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 18%. As a result, the exports reached the peak of 655K tons, and then fell in the following year.
In value terms, deformed non-alloy steel wire rod exports reached $620M in 2022. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 98%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Deformed Non-Alloy Steel Wire Rod in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 92.0 | 78.6 | 156 | 193 | 28.0% |
| Switzerland | 42.8 | 20.5 | 31.3 | 55.6 | 9.1% |
| Poland | 5.7 | 9.9 | 46.0 | 54.3 | 112.0% |
| Hungary | 21.3 | 19.3 | 43.9 | 47.5 | 30.6% |
| Croatia | 18.1 | 14.3 | 32.7 | 43.9 | 34.4% |
| Germany | 19.6 | 14.2 | 24.7 | 37.2 | 23.8% |
| Czech Republic | 11.6 | 5.3 | 28.2 | 32.1 | 40.4% |
| Romania | 7.8 | 26.1 | 42.9 | 31.1 | 58.6% |
| Slovenia | 7.5 | 8.7 | 18.2 | 20.8 | 40.5% |
| Slovakia | 7.6 | 5.6 | 17.8 | 18.0 | 33.3% |
| Australia | 17.3 | 21.6 | 31.8 | 16.8 | -1.0% |
| Cyprus | 1.7 | 3.4 | 8.8 | 10.7 | 84.6% |
| Malta | 9.4 | 5.8 | 8.4 | 10.4 | 3.4% |
| Others | 30.5 | 45.6 | 59.8 | 48.8 | 17.0% |
| Total | 293 | 279 | 551 | 620 | 28.4% |
Top Export Markets for Deformed Non-Alloy Steel Wire Rod from Italy in 2022:
- Austria (180.0K tons)
- Poland (53.8K tons)
- Switzerland (51.4K tons)
- Hungary (47.7K tons)
- Croatia (44.9K tons)
- Romania (34.9K tons)
- Czech Republic (31.0K tons)
- Germany (30.6K tons)
- Slovenia (20.7K tons)
- Slovakia (18.4K tons)
- Australia (15.3K tons)
- Cyprus (12.1K tons)
- Malta (10.1K tons)
Imports of Deformed Non-Alloy Steel Wire Rod in Italy
In 2022, after three years of growth, there was significant decline in supplies from abroad of ribbed or other deformed wire rod of non-alloy steel, when their volume decreased by -77.2% to 398 tons. In general, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2020 when imports increased by 75% against the previous year.
In value terms, deformed non-alloy steel wire rod imports shrank notably to $358K in 2022. Overall, imports recorded a perceptible setback. The growth pace was the most rapid in 2021 when imports increased by 108%. As a result, imports attained the peak of $1.2M, and then dropped remarkably in the following year.
| Import of Deformed Non-Alloy Steel Wire Rod in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 47.5 | 370 | 103 | 126 | 38.4% |
| France | N/A | N/A | 20.0 | 90.6 | 353.0% |
| Austria | 18.1 | 21.2 | 35.3 | 63.9 | 52.3% |
| Switzerland | 5.7 | 2.3 | 28.3 | 54.3 | 112.0% |
| Spain | 262 | N/A | 191 | 12.6 | -63.6% |
| Turkey | N/A | N/A | N/A | 10.6 | 0% |
| Sweden | N/A | 167 | N/A | N/A | 0% |
| Greece | 30.5 | N/A | 595 | N/A | 341.7% |
| Poland | N/A | N/A | 107 | N/A | 0% |
| Czech Republic | N/A | N/A | 68.5 | N/A | 0% |
| Others | 24.0 | 21.1 | 62.0 | N/A | 60.7% |
| Total | 388 | 582 | 1,210 | 358 | -2.6% |
Top Suppliers of Deformed Non-Alloy Steel Wire Rod to Italy in 2022:
- France (137.2 tons)
- Germany (103.9 tons)
- Austria (72.7 tons)
- Switzerland (48.8 tons)
- Spain (23.4 tons)
- Turkey (12.3 tons)
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
352
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Italy.
254
This report provides an in-depth analysis of the hot-rolled wire rod market in Italy.
300
This report provides an in-depth analysis of the market for concrete reinforcing wire rod in Italy.
152
This report provides an in-depth analysis of the market for hot-rolled non-alloy steel wire rod in Italy.
535
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in Italy.
299
This report provides an in-depth analysis of the market for tyre cord wire rod in Italy.
344
This report provides an in-depth analysis of the market for free-cutting steel wire rod in Italy.
576
This report provides an in-depth analysis of the global market for deformed non-alloy steel wire rod.
367
Global Hot-Rolled Wire Rod Market Report 2018. This report provides an in-depth analysis of the global hot-rolled wire rod market.
344
This report provides an in-depth analysis of the global market for concrete reinforcing wire rod.
419
The price of Hot-Rolled Steel Bar and Rod reached $1,051 per ton (FOB, Italy) in April 2023, showing a month-on-month increase of 8.9%.
218
Explore the top import markets for hot-rolled non-alloy steel wire rod including the United States, Germany, Netherlands, and more. Understand the demand and key statistics in these global markets.
104
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
1435
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
4201
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
1119
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o
419
The price of Hot-Rolled Steel Bar and Rod reached $1,051 per ton (FOB, Italy) in April 2023, showing a month-on-month increase of 8.9%.
218
Explore the top import markets for hot-rolled non-alloy steel wire rod including the United States, Germany, Netherlands, and more. Understand the demand and key statistics in these global markets.
104
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
1435
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
