France: 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 France

In 2020, the French iron and steel wire market decreased by -X% to $X, falling for the second year in a row after two years of growth. In general, consumption continues to indicate a slight descent. The pace of growth was the most pronounced in 2014 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

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

In value terms, iron and steel wire production fell rapidly to $X in 2020 estimated in export prices. Overall, production continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2010 when the production volume increased by X% year-to-year. Iron and steel wire production peaked at $X in 2008; however, from 2009 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 France

Iron and steel wire exports from France dropped to X tons in 2020, with a decrease of -X% against the year before. Overall, exports continue to indicate a noticeable decline. 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 at X tons in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, iron and steel wire exports shrank dramatically to $X in 2020. In general, exports continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Romania (X tons), Germany (X tons) and Italy (X tons) were the main destinations of iron and steel wire exports from France, together accounting for X% of total exports. Spain, the Czech Republic, Poland, the U.S., the UK, the Netherlands and Belgium lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron and steel wire exported from France were Germany ($X), Romania ($X) and Italy ($X), together accounting for X% of total exports. Spain, the U.S., the Czech Republic, Poland, Belgium, the UK and the Netherlands lagged somewhat behind, together accounting for a further X terms of the main countries of destination, the Czech Republic saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average iron and steel wire export price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% y-o-y. The export price peaked at $X per ton in 2019, and then shrank significantly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while the average price for exports to Romania ($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 Belgium, while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into France

In 2020, supplies from abroad of wire of iron or non-alloy steel (stainless steel or other alloy steel) decreased by -X% to X tons for the first time since 2014, thus ending a five-year rising trend. Overall, imports saw a noticeable setback. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X tons in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, iron and steel wire imports contracted to $X in 2020. Over the period under review, imports continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

Italy (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of iron and steel wire imports to France, together comprising X% of total imports. These countries were followed by Luxembourg, Belgium, the Netherlands, China, Slovakia, the Czech Republic, South Korea, Turkey and India, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey, while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and Germany ($X) constituted the largest iron and steel wire suppliers to France, with a combined X% share of total imports. Luxembourg, Belgium, the Netherlands, the Czech Republic, India, China, Slovakia, South Korea and Turkey lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to the value of imports, among 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, waning by -X% against the previous year. Overall, the import price continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was India ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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