Netherlands: Market for Wire Of Iron Or Non-Alloy Steel (Stainless Steel Or Other Alloy Steel) 2022

Market Size for Wire Of Iron Or Non-Alloy Steel (Stainless Steel Or Other Alloy Steel) in the Netherlands

The Dutch iron and steel wire market fell notably to $X in 2020, dropping by -X% against the previous year. Overall, consumption continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. from 2009 to 2020, the growth of the market remained at a somewhat lower figure.

Production of Wire Of Iron Or Non-Alloy Steel (Stainless Steel Or Other Alloy Steel) in the Netherlands

In value terms, iron and steel wire production fell to $X in 2020 estimated in export prices. In general, production, however, showed strong growth. The growth pace was the most rapid in 2013 when the production volume increased by X% y-o-y. Iron and steel wire production peaked at $X in 2016; however, from 2017 to 2020, production stood at a somewhat lower figure.

Exports of Wire Of Iron Or Non-Alloy Steel (Stainless Steel Or Other Alloy Steel)

Exports from the Netherlands

In 2020, the amount of wire of iron or non-alloy steel (stainless steel or other alloy steel) exported from the Netherlands soared to X tons, with an increase of X% on the previous year. Overall, exports recorded a perceptible expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in the near future.

In value terms, iron and steel wire exports rose rapidly to $X in 2020. Over the period under review, exports continue to indicate a measured expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, exports reached the peak of $X. from 2019 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Germany (X tons) was the main destination for iron and steel wire exports from the Netherlands, accounting for a X% share of total exports. Moreover, iron and steel wire exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), twofold. The Czech Republic (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and the Czech Republic (+X% per year).

In value terms, Germany ($X) remains the key foreign market for iron and steel wire exports from the Netherlands, comprising X% of total exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and the Czech Republic (+X% per year).

Export Prices by Country

In 2020, the average iron and steel wire export price amounted to $X per ton, declining by -X% against the previous year. Overall, the export price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. As a result, export price attained the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wire Of Iron Or Non-Alloy Steel (Stainless Steel Or Other Alloy Steel)

Imports into the Netherlands

In 2020, imports of wire of iron or non-alloy steel (stainless steel or other alloy steel) into the Netherlands shrank to X tons, standing approx. at 2019 figures. In general, imports recorded a perceptible setback. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. As a result, imports attained the peak of X tons. from 2009 to 2020, the growth imports remained at a lower figure.

In value terms, iron and steel wire imports contracted slightly to $X in 2020. Over the period under review, imports saw a slight decrease. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

Germany (X tons), Turkey (X tons) and India (X tons) were the main suppliers of iron and steel wire imports to the Netherlands, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in Turkey, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), India ($X) and Turkey ($X) appeared to be the largest iron and steel wire suppliers to the Netherlands, with a combined X% share of total imports.

Turkey saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average iron and steel wire import price stood at $X per ton in 2020, with a decrease of -X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per ton. from 2012 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was India ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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