Report Update: Nov 1, 2024

World - Iron or Steel Wire Products - Market Analysis, Forecast, Size, Trends And Insights

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Iron or steel wire product market

Iron or steel wire product market: download new data empowered by an Ai-driven market research platform. Data contain exports, imports, market prices, production, companies, consumption, market size, and trade. Here is a split by region, including the U.K., Africa, EU, China, the Middle East, Latin America, the U.S., and Russia. Market trends and outlook to 2030 are also featured in the snapshots.

Iron or Steel Wire Product - World's Largest Markets

Rating	Country
1	United States
2	China
3	India
4	Japan
5	Pakistan

In value terms, the largest iron or steel wire product markets worldwide were the United States, China and India, with a combined 54% share of the global market. These countries were followed by Japan, Pakistan, Russia, Germany, Brazil, Mexico, Indonesia and Iran, which together accounted for a further 25%.

Mexico saw the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while iron or steel wire product market for the other global leaders experienced more modest paces of growth.

Iron or Steel Wire Product Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Czech Republic	1605	1504	1531	-2.3%
China	2675	1712	1688	-20.6%
Croatia	1739	1658	1748	0.3%
Belgium	1818	1822	1919	2.7%
Poland	2689	2300	2414	-5.3%
Netherlands	2425	2350	2527	2.1%
United States	12750	8002	3234	-49.6%
Italy	3619	3329	3410	-2.9%
Germany	2821	2764	4230	22.5%
Average	2543	2068	2098	-9.2%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($4,230 per ton), while the Czech Republic ($1,531 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Poland	2076	2504	3155	23.3%
United Kingdom	2424	2401	2869	8.8%
Canada	4056	3404	2864	-16.0%
Germany	2333	2245	2635	6.3%
Japan	2392	2420	2605	4.4%
France	2462	2434	2436	-0.5%
United States	3421	3199	2323	-17.6%
Netherlands	2080	2365	2272	4.5%
Australia	1700	1666	1709	0.3%
Saudi Arabia	2882	2616	1671	-23.9%
United Arab Emirates	2435	2479	1616	-18.5%
Belgium	2012	1685	1332	-18.6%
Bangladesh	995	766	724	-14.7%
Average	2455	2359	2269	-3.9%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Poland ($3,155 per ton), while Bangladesh ($724 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the other global leaders experienced more modest paces of growth.

Iron or Steel Wire Product - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	0.5	0.4	0.3	-16.8%
Germany	0.4	0.4	0.2	-24.8%
France	0.2	0.2	0.2	-13.7%
Japan	0.1	0.1	0.1	-2.8%
Netherlands	0.1	0.09	0.1	-2.9%

In value terms, the United States ($325M), Germany ($200M) and France ($155M) constituted the countries with the highest levels of imports in 2020, with a combined 26% share of global imports. Japan, the Netherlands, Belgium, the UK, Canada, Poland, Australia, the United Arab Emirates, Saudi Arabia and Bangladesh lagged somewhat behind, together accounting for a further 31%.

In terms of the main importing countries, the United Arab Emirates saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Iron or Steel Wire Product - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	0.9	1.4	1.5	25.4%
Netherlands	0.2	0.2	0.2	4.1%
Germany	0.2	0.2	0.2	-0.8%
Czech Republic	0.1	0.2	0.2	3.4%
Belgium	0.2	0.1	0.1	-6.0%

In value terms, China ($1.5B) remains the largest iron or steel wire product supplier worldwide, comprising 41% of global exports. The second position in the ranking was occupied by the Netherlands ($246M), with a 6.9% share of global exports. It was followed by Germany, with a 6.8% share.

From 2018 to 2020, the average annual growth rate of value in China stood at +25.4%. In the other countries, the average annual rates were as follows: the Netherlands (+4.1% per year) and Germany (-0.8% per year).

Iron or Steel Wire Product - Market Forecast

Driven by rising demand for iron or steel wire product worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Iron or Steel Wire Product - Product Coverage

HS 732620 - Iron or steel; wire articles

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for iron or steel wire product. 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 25992925 - Finished products of iron/steel wire, snares, traps, etc., fodder ties, animal nose rings, mattress hooks, butchers

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 2012–2023
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 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
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, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023

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