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World - Hot-Rolled Non-Alloy Steel Wire Rods - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jan 1, 2025

World - Hot-Rolled Non-Alloy Steel Wire Rods - Market Analysis, Forecast, Size, Trends And Insights

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Jan 18, 2024

The World's Top Import Markets for Hot-Rolled Non-Alloy Steel Wire Rod

Introduction

Hot-rolled non-alloy steel wire rod is a crucial component in various industries, including construction, automotive, and machinery manufacturing. As a result, the global demand for this product has been steadily increasing, leading to a rise in international trade. In this article, we will explore the top import markets for hot-rolled non-alloy steel wire rod and provide key statistics.

IndexBox Market Intelligence Platform

Before delving into the specifics, it is important to mention the IndexBox market intelligence platform. IndexBox is a leading provider of market research, offering comprehensive and up-to-date data on various industries and trade activities. Their data is invaluable for analyzing market trends, identifying potential opportunities, and understanding global trade dynamics.

Based on the data from the IndexBox platform, the following countries are the world's top import markets for hot-rolled non-alloy steel wire rod in 2022:

  1. United States - $1.3 billion
  2. Germany - $972.6 million
  3. Netherlands - $793.8 million
  4. Italy - $751.5 million
  5. Belgium - $721.0 million
  6. Israel - $704.5 million
  7. South Korea - $691.6 million
  8. France - $636.3 million
  9. Romania - $617.1 million
  10. Poland - $569.1 million

1. United States

The United States leads the world's import market for hot-rolled non-alloy steel wire rod, with an import value of $1.3 billion in 2022. The country's robust construction and automotive sectors contribute to the high demand for this product.

2. Germany

Germany is the second-largest importer of hot-rolled non-alloy steel wire rod, with an import value of $972.6 million in 2022. The country's strong manufacturing industry and its focus on engineering and machinery production drive the demand for this essential material.

3. Netherlands

The Netherlands holds the third position in the world's import market for hot-rolled non-alloy steel wire rod, with an import value of $793.8 million in 2022. The country's strategic location and advanced transportation infrastructure make it a key hub for international trade.

4. Italy

Italy ranks fourth on the list, with an import value of $751.5 million in 2022. The Italian construction sector, as well as the automotive and machinery industries, rely heavily on hot-rolled non-alloy steel wire rod for their operations.

5. Belgium

Belgium occupies the fifth position in the global import market for hot-rolled non-alloy steel wire rod, with an import value of $721.0 million in 2022. The country's steel industry and its well-established trading networks contribute significantly to its import market.

6. Israel

Israel is the sixth-largest importer of hot-rolled non-alloy steel wire rod, with an import value of $704.5 million in 2022. The country's strong manufacturing base and its focus on technological advancements create a high demand for this essential material.

7. South Korea

South Korea holds the seventh position in the world's import market for hot-rolled non-alloy steel wire rod, with an import value of $691.6 million in 2022. The country's thriving automotive and machinery manufacturing sectors drive the demand for this product.

8. France

France ranks eighth on the list, with an import value of $636.3 million in 2022. The country's construction industry and its focus on sustainable building practices contribute to the demand for hot-rolled non-alloy steel wire rod.

9. Romania

Romania holds the ninth position in the global import market for hot-rolled non-alloy steel wire rod, with an import value of $617.1 million in 2022. The country's metalworking and machinery manufacturing industries heavily rely on this product for their operations.

10. Poland

Poland completes the list, ranking tenth in the world's import market for hot-rolled non-alloy steel wire rod, with an import value of $569.1 million in 2022. The country's construction and automotive sectors contribute significantly to its demand for this material.

Conclusion

Global trade of hot-rolled non-alloy steel wire rod has been on the rise due to the growing demand in various sectors. The United States, Germany, Netherlands, Italy, and Belgium are among the top import markets for this product, highlighting the importance of the construction, automotive, and machinery industries in these countries. The IndexBox market intelligence platform provides vital data and insights for understanding and analyzing global trade trends.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for hot-rolled non-alloy steel wire rod. 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)
  • Prodcom 24106120 - Wire rod of free-cutting steel
  • Prodcom 24106130 - Wire rod used for concrete reinforcing (mesh/cold ribbed bars)
  • Prodcom 24106140 - Wire rod for tyre cord
  • Prodcom 24106190 - Other wire rod (of non-alloy steel)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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