Portugal - Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Deformed Non-Alloy Steel Wire Rod in Portugal - 2023
Contents:
- Price for Deformed Non-Alloy Steel Wire Rod in Portugal (FOB) - 2023
- Price for Deformed Non-Alloy Steel Wire Rod in Portugal (CIF) - 2023
- Exports of Deformed Non-Alloy Steel Wire Rod in Portugal
- Imports of Deformed Non-Alloy Steel Wire Rod in Portugal
Price for Deformed Non-Alloy Steel Wire Rod in Portugal (FOB) - 2023
In June 2023, the average export price for ribbed or other deformed wire rod of non-alloy steel amounted to $703 per ton, reducing by -6.1% against the previous month. Over the period under review, the export price saw a noticeable shrinkage. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 4.3% m-o-m. The export price peaked at $979 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 export markets. In June 2023, the countries with the highest prices were the UK ($711 per ton) and Finland ($710 per ton), while the average price for exports to Norway ($680 per ton) and Spain ($703 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 Belgium (-0.4%), while the prices for the other major destinations experienced a decline.
Price for Deformed Non-Alloy Steel Wire Rod in Portugal (CIF) - 2023
In June 2023, the average import price for ribbed or other deformed wire rod of non-alloy steel amounted to $737 per ton, remaining constant against the previous month. In general, the import price saw a pronounced reduction. The growth pace was the most rapid in August 2022 when the average import price increased by 5% m-o-m. Over the period under review, average import prices hit record highs at $1,000 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,494 per ton), while the price for Spain totaled $723 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (-1.1%).
Exports of Deformed Non-Alloy Steel Wire Rod in Portugal
In 2022, shipments abroad of ribbed or other deformed wire rod of non-alloy steel was finally on the rise to reach 312K tons after two years of decline. In general, exports, however, showed a perceptible slump.
In value terms, deformed non-alloy steel wire rod exports skyrocketed to $285M in 2022. Overall, exports saw prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Deformed Non-Alloy Steel Wire Rod in Portugal (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 69.7 | 57.5 | 45.0 | 116 | 18.5% |
United Kingdom | 40.7 | 36.0 | 33.2 | 71.3 | 20.5% |
Ireland | 17.8 | 13.1 | 11.1 | 35.4 | 25.8% |
Norway | 3.2 | 3.9 | 6.3 | 13.4 | 61.2% |
Finland | N/A | 1.7 | 4.0 | 11.4 | 159.0% |
Lithuania | N/A | 0.1 | N/A | 11.4 | 967.7% |
Belgium | 1.5 | 2.0 | 4.7 | 7.7 | 72.5% |
Netherlands | 6.2 | 2.9 | 3.7 | 6.5 | 1.6% |
Morocco | 24.3 | 14.2 | N/A | N/A | -41.6% |
Others | 8.0 | 7.2 | 3.6 | 11.8 | 13.8% |
Total | 171 | 139 | 112 | 285 | 18.6% |
Top Export Markets for Deformed Non-Alloy Steel Wire Rod from Portugal in 2022:
- Spain (126.0K tons)
- United Kingdom (81.1K tons)
- Ireland (40.0K tons)
- Norway (14.2K tons)
- Finland (11.7K tons)
- Lithuania (10.3K tons)
- Belgium (9.1K tons)
- Netherlands (7.4K tons)
Imports of Deformed Non-Alloy Steel Wire Rod in Portugal
For the fourth year in a row, Portugal recorded growth in purchases abroad of ribbed or other deformed wire rod of non-alloy steel, which increased by 16% to 31K tons in 2022. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 191%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, deformed non-alloy steel wire rod imports soared to $31M in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 232%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Deformed Non-Alloy Steel Wire Rod in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 0.7 | 5.8 | 21.7 | 29.7 | 248.8% |
Germany | 1.7 | 1.0 | 0.9 | 0.8 | -22.2% |
Others | N/A | N/A | N/A | 0.5 | 0% |
Total | 2.4 | 6.8 | 22.6 | 31.0 | 134.6% |
Top Suppliers of Deformed Non-Alloy Steel Wire Rod to Portugal in 2022:
- Spain (30.2K tons)
- Germany (0.4K tons)
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Portugal. 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:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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