Report Update: Jan 1, 2025

World - Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights

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Deformed non-alloy steel wire rod market

Deformed non-alloy steel wire rod market: discover new datasets powered by an Ai-driven business intelligence tool. Facts and figures include companies, consumption, market prices, imports, production, market size, trade, and exports. Here is a split by region, including Latin America, Russia, the Middle East, the U.S., Africa, China, EU, and the U.K. Market dynamics and forecast to 2030 are also featured in the reports.

Deformed Non-alloy Steel Wire Rod - World's Largest Markets

Rating	Country
1	United States
2	Nigeria
3	Indonesia
4	Brazil
5	Japan

In value terms, the United States, Nigeria and Indonesia were the countries with the highest levels of market value in 2021, together accounting for 32% of the global market.

Nigeria recorded the highest growth rate of market size, in terms of the main consuming countries over the period under review, while deformed non-alloy steel wire rod market for the other global leaders experienced more modest paces of growth.

Deformed Non-Alloy Steel Wire Rod Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
United Arab Emirates	424	405	415	-1.1%
Vietnam	547	504	530	-1.6%
Turkey	499	459	545	4.5%
Russia	561	434	672	9.4%
Spain	580	480	738	12.8%
Greece	509	488	758	22.0%
France	559	524	763	16.8%
Bosnia and Herzegovina	536	516	786	21.1%
Poland	565	532	805	19.4%
Italy	545	503	830	23.4%
Belgium	637	583	841	14.9%
Germany	604	549	848	18.5%
Average	549	502	901	28.1%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Germany ($848 per ton), while the United Arab Emirates ($415 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
Georgia	386	379	7328	335.7%
France	624	593	879	18.7%
Hungary	534	505	851	26.2%
Poland	554	515	803	20.4%
Austria	529	482	788	22.0%
Germany	576	536	784	16.7%
Colombia	601	554	779	13.8%
Romania	510	497	761	22.2%
Portugal	571	720	735	13.5%
Israel	568	521	579	1.0%
Bahrain	521	501	510	-1.1%
Singapore	529	485	510	-1.8%
China	450	409	426	-2.7%
Average	549	513	901	28.1%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Georgia ($7,328 per ton), while China ($426 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Georgia (+335.7% per year), while the other global leaders experienced more modest paces of growth.

Deformed Non-Alloy Steel Wire Rod - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	billion USD			CAGR, 2019-2021
Georgia	6.9424E-5	7.5161E-5	0.9	11222.3%
Israel	0.2	0.2	0.4	35.1%
Austria	0.1	0.1	0.2	36.7%
Romania	0.1	0.1	0.2	34.0%
Germany	0.09	0.08	0.2	44.5%

In value terms, Georgia ($890M) constitutes the largest market for imported ribbed or other deformed wire rod of non-alloy steel worldwide, comprising 25% of global imports. The second position in the ranking was occupied by Israel ($367M), with a 10% share of global imports. It was followed by Austria, with a 6.7% share.

In Georgia, deformed non-alloy steel wire rod imports increased at an average annual rate of +11,222.3% over the period from 2019-2021. The remaining importing countries recorded the following average annual rates of imports growth: Israel (+35.1% per year) and Austria (+36.7% per year).

Deformed Non-Alloy Steel Wire Rod - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	billion USD			CAGR, 2019-2021
Italy	0.3	0.3	0.6	40.2%
Germany	0.3	0.3	0.4	12.8%
Russia	0.07	0.07	0.3	99.3%
Greece	0.1	0.1	0.2	38.1%
Turkey	0.3	0.2	0.2	-20.4%

In value terms, the largest deformed non-alloy steel wire rod supplying countries worldwide were Italy ($576M), Germany ($437M) and Russia ($261M), with a combined 35% share of global exports.

Among the main exporting countries, Russia (+99.3% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Deformed Non-Alloy Steel Wire Rod - Market Forecast

Depressed by shrinking demand for deformed non-alloy steel wire rod worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2021 to 2030, which is projected to depress the market volume to by the end of 2030.

Deformed Non-alloy Steel Wire Rod - Product Coverage

HS 721310 - Iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coils, containing indentations, ribs, grooves or other deformations produced during the rolling process

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for deformed 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)

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:

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
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. 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. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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
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