Report Update Feb 1, 2025

Ireland - Ribbed or Other Deformed Wire Rod of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Market for Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel 2025

Market Size for Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel in Ireland

The Irish market for ribbed or other deformed wire rod of non-alloy steel soared to $X in 2021, jumping by 46% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a strong expansion. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the immediate term.

Exports of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel

Exports from Ireland

In 2021, overseas shipments of ribbed or other deformed wire rod of non-alloy steel increased by 86% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, continue to indicate a noticeable contraction. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, deformed non-alloy steel wire rod exports surged to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for deformed non-alloy steel wire rod exports from Ireland, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the UK stood at +31.0%.

In value terms, the UK ($X) also remains the key foreign market for ribbed or other deformed wire rod of non-alloy steel exports from Ireland.

From 2012 to 2021, the average annual growth rate of value to the UK totaled +38.3%.

Export Prices by Country

In 2021, the average export price for ribbed or other deformed wire rod of non-alloy steel amounted to $X per ton, surging by 73% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to +5.5% per year.

Imports of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel

Imports into Ireland

Deformed non-alloy steel wire rod imports into Ireland soared to X tons in 2021, increasing by 18% on the year before. Over the period under review, imports continue to indicate buoyant growth. The growth pace was the most rapid in 2014 with an increase of 82%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, deformed non-alloy steel wire rod imports surged to $X in 2021. In general, imports saw buoyant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 77%. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

The UK (X tons), Portugal (X tons) and Spain (X tons) were the main suppliers of deformed non-alloy steel wire rod imports to Ireland, with a combined 88% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +74.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest deformed non-alloy steel wire rod suppliers to Ireland were Portugal ($X), the UK ($X) and Spain ($X), with a combined 88% share of total imports.

Spain, with a CAGR of +77.6%, saw the highest growth rate of 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 2021, the average import price for ribbed or other deformed wire rod of non-alloy steel amounted to $X per ton, increasing by 50% against the previous year. In general, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Ukraine ($X per ton) and France ($X per ton), while the price for Greece ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ribbed or other deformed wire rod of non-alloy steel in the world?

China remains the largest deformed non-alloy steel wire rod consuming country worldwide, accounting for 22% of total volume. Moreover, deformed non-alloy steel wire rod consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 7.1% share.

What are the largest producers of ribbed or other deformed wire rod of non-alloy steel in the world?

China constituted the country with the largest volume of deformed non-alloy steel wire rod production, accounting for 22% of total volume. Moreover, deformed non-alloy steel wire rod production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 7.1% share.

What are the leading suppliers of ribbed or other deformed wire rod of non-alloy steel to Ireland?

In value terms, Portugal constituted the largest supplier of deformed non-alloy steel wire rod to Ireland, comprising 66% of total imports. The second position in the ranking was occupied by Spain, with a 17% share of total imports.

What are the leading importers of ribbed or other deformed wire rod of non-alloy steel from Ireland?

In value terms, the UK remains the key foreign market for deformed non-alloy steel wire rod exports from Ireland.

What is the average export price for ribbed or other deformed wire rod of non-alloy steel in Ireland?

In 2020, the average export price for ribbed or other deformed wire rod of non-alloy steel amounted to $612 per ton, declining by -21.8% against the previous year.

What is the average import price for ribbed or other deformed wire rod of non-alloy steel in Ireland?

The average import price for ribbed or other deformed wire rod of non-alloy steel stood at $532 per ton in 2020, reducing by -4.6% against the previous year.

This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Ireland. 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:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
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
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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
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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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024