Slovenia: Market for Wire Of Iron Or Non-Alloy Steel (Stainless Steel Or Other Alloy Steel) 2019

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

The revenue of the iron and steel wire market in Slovenia amounted to $X in 2018, picking up by X% 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). Overall, iron and steel wire consumption, however, continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, the iron and steel wire market reached its peak figure level at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

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

Exports from Slovenia

In 2018, the amount of wire of iron or non-alloy steel (stainless steel or other alloy steel) exported from Slovenia stood at X tons, surging by X% against the previous year. Overall, iron and steel wire exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, iron and steel wire exports attained their maximum at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, iron and steel wire exports amounted to $X in 2018. In general, the total exports indicated a mild expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Over the period under review, iron and steel wire exports reached their maximum at $X in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, China (X tons) represented the major exporter of wire of iron or non-alloy steel (stainless steel or other alloy steel), committing X% of total exports. Italy (X tons) ranks second in terms of the total exports with a X% share, followed by South Korea (X%), Germany (X%) and the Czech Republic (X%). Turkey (X tons), Belarus (X tons), Russia (X tons), France (X tons), Spain (X tons), Mexico (X tons) and Japan (X tons) occupied a minor share of total exports.

From 2007 to 2018, average annual rates of growth with regard to iron and steel wire exports from China stood at +X%. At the same time, Turkey (+X%), Mexico (+X%), Belarus (+X%), Italy (+X%), South Korea (+X%), the Czech Republic (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Japan, Russia and France experienced a relatively flat trend pattern. By contrast, Germany (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China, Turkey, Italy, South Korea and Belarus increased by +X%, +X%, +X%, +X% and +X% percentage points, while Germany (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest iron and steel wire supplier from Slovenia, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

In China, iron and steel wire exports increased at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-X% per year) and South Korea (+X% per year).

Export Prices by Country

In 2018, the iron and steel wire export price in Slovenia amounted to $X per ton, jumping by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. In that year, the export prices for wire of iron or non-alloy steel (stainless steel or other alloy steel) reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the export prices for wire of iron or non-alloy steel (stainless steel or other alloy steel) remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Japan ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

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

Imports into Slovenia

Iron and steel wire imports into Slovenia totaled X tons in 2018, jumping by X% against the previous year. Over the period under review, iron and steel wire imports, however, continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, iron and steel wire imports attained their maximum at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, iron and steel wire imports stood at $X in 2018. In general, iron and steel wire imports, however, continue to indicate a measured decline. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Slovenia imports peaked at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tons) and Germany (X tons) were the key importers of wire of iron or non-alloy steel (stainless steel or other alloy steel)in the world, together mixing up X% of total imports. It was followed by Poland (X tons), comprising a X% share of total imports. The following importers - France (X tons), India (X tons), Japan (X tons), Switzerland (X tons), Thailand (X tons), Italy (X tons), the Netherlands (X tons), the UK (X tons) and South Korea (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the largest iron and steel wire importing markets into Slovenia were Germany ($X), the U.S. ($X) and France ($X), with a combined X% share of total imports. Poland, India, Japan, Italy, Thailand, Switzerland, the Netherlands, the UK, South Korea and Slovenia lagged somewhat behind, together accounting for a further X the main importing countries, India recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The iron and steel wire import price in Slovenia stood at $X per ton in 2018, growing by X% against the previous year. Over the period under review, the iron and steel wire import price continues to indicate a mild increase. The pace of growth was the most pronounced in 2008 when the import price increased by X% year-to-year. In that year, the import prices for wire of iron or non-alloy steel (stainless steel or other alloy steel) attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the import prices for wire of iron or non-alloy steel (stainless steel or other alloy steel) failed to regain its momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Italy ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform