Iron or steel wire: grill, netting and fencing, welded at intersections, of wire with a maximum cross-sectional dimension of 3mm or more and mesh size 100cm2 or more

In 2024, iron or steel wire: grill, netting and fencing, welded at intersections, of wire with a maximum cross-sectional dimension of 3mm or more and mesh size 100cm2 or more trade exhibited significant decline, with global flows reaching $1,679,361,083 and a three-year compound annual growth rate of -11.5% (five-year: +0.4%). The all-time peak of $2,726,870,969 was recorded in 2022; the current level is 38% below that high-water mark.

Over the 30-year observation window (1995–2024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-11.9% acceleration).

The World Trade Flows Characterization classifies iron or steel wire: grill, netting and fencing, welded at intersections, of wire with a maximum cross-sectional dimension of 3mm or more and mesh size 100cm2 or more as "Two-way vertical trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.089). The three largest exporters — Germany ($262.2M), Netherlands ($254.2M), and Italy ($238.6M) — collectively dominate supply flows. The leading exporter has grown at -13.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.065). The three largest import markets are France ($287.4M), Germany ($188.4M), and Belgium ($139.7M). The largest importing market sources from 36 different supplying countries.

Estimated substitution elasticity: -6.01. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Spain → France at $104.8M, representing 36.5% of the importer's total demand.

The volatility score for iron or steel wire: grill, netting and fencing, welded at intersections, of wire with a maximum cross-sectional dimension of 3mm or more and mesh size 100cm2 or more is 22 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.