Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Japan - 2022
Contents:
- Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Japan (FOB) - 2022
- Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Japan (CIF) - 2022
- Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Japan
- Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Japan
Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Japan (FOB) - 2022
In 2022, the average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $1,264 per ton, flattening at the previous year. In general, the export price showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2013 when the average export price increased by 39% against the previous year. As a result, the export price reached the peak level of $2,859 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the Philippines.
From 2012 to 2022, the rate of growth in terms of prices for the Philippines amounted to +2.1% per year.
Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Japan (CIF) - 2022
In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $675 per ton, with an increase of 7% against the previous year. In general, the import price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 41%. The import price peaked at $4,243 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($997 per ton), while the price for Russia totaled $649 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+3.6%).
Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Japan
Exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses from Japan contracted sharply to 2.2 tons in 2022, waning by -99.9% on the previous year. In general, exports recorded a dramatic slump. The pace of growth appeared the most rapid in 2021 when exports increased by 86%. As a result, the exports reached the peak of 2.7K tons, and then contracted notably in the following year.
In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses contracted remarkably to $2.8K in 2022. Overall, exports recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 135%. As a result, the exports reached the peak of $3.4M, and then fell sharply in the following year.
| Export of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 323 | 32.6 | 196 | 2.8 | -79.5% |
| China | 1,010 | 997 | 14.2 | N/A | -88.1% |
| Vietnam | 1,060 | 376 | 2,983 | N/A | 67.8% |
| Others | 96.0 | 39.7 | 209 | N/A | 47.5% |
| Total | 2,489 | 1,445 | 3,402 | 2.8 | -89.6% |
Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Japan in 2022:
- Philippines (2.3 tons)
Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Japan
After three years of growth, supplies from abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses decreased by -36% to 3K tons in 2022. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 380%.
In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses dropped markedly to $2M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 215% against the previous year.
| Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 262 | 935 | 2,787 | 1,903 | 93.7% |
| United States | 29.7 | 97.8 | 110 | 74.5 | 35.9% |
| Others | 57.2 | 68.2 | 76.8 | 59.8 | 1.5% |
| Total | 349 | 1,101 | 2,973 | 2,037 | 80.0% |
Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Japan in 2022:
- Russia (2.9K tons)
- United States (0.1K tons)
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