Germany: 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 Germany

In 2020, the German iron and steel wire market decreased by -X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

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

In value terms, iron and steel wire production declined to $X in 2020 estimated in export prices. In general, production recorded a mild slump. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Iron and steel wire production peaked at $X in 2011; however, from 2012 to 2020, production failed to regain the momentum.

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

Exports from Germany

In 2020, shipments abroad of wire of iron or non-alloy steel (stainless steel or other alloy steel) decreased by -X% to X tons, falling for the third year in a row after three years of growth. Overall, exports saw a pronounced slump. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, iron and steel wire exports fell to $X in 2020. Over the period under review, exports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Exports peaked at $X in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons), France (X tons) and the Netherlands (X tons) were the main destinations of iron and steel wire exports from Germany, with a combined X% share of total exports. These countries were followed by Austria, Switzerland, the Czech Republic, Italy, the U.S., Belgium, Denmark, Sweden, Hungary and the UK, which together accounted 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 U.S., 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 Germany were Switzerland ($X), France ($X) and Poland ($X), with a combined X% share of total exports. These countries were followed by Austria, the Netherlands, the Czech Republic, the U.S., Italy, the UK, Hungary, Belgium, Sweden and Denmark, which together accounted for a further X U.S. saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average iron and steel wire export price stood at $X per ton in 2020, which is down by -X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Over the period under review, average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while the average price for exports to Poland ($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 Italy, 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 Germany

In 2020, overseas purchases of wire of iron or non-alloy steel (stainless steel or other alloy steel) decreased by -X% to X tons, falling for the second consecutive year after three years of growth. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, iron and steel wire imports fell to $X in 2020. Over the period under review, imports, however, saw a perceptible setback. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Imports peaked at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.

Imports by Country

The Czech Republic (X tons), Italy (X tons) and the Netherlands (X tons) were the main suppliers of iron and steel wire imports to Germany, together accounting for X% of total imports. Belarus, Russia, Austria, Slovakia, Poland, Spain, France, China, Ukraine and Sweden lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia, while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Italy ($X) and Sweden ($X) were the largest iron and steel wire suppliers to Germany, together comprising X% of total imports. The Netherlands, Austria, France, China, Slovakia, Belarus, Spain, Poland, Russia and Ukraine lagged somewhat behind, together comprising a further X saw 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

In 2020, the average iron and steel wire import price amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Sweden ($X per ton), while the price for Belarus ($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 mixed trend patterns.

Source: IndexBox Platform

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