Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Sweden - 2023

Contents:

  1. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Sweden (CIF) - 2022
  2. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Sweden (FOB) - 2022
  3. Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Sweden
  4. Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Sweden

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Sweden (CIF) - 2022

In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $2,985 per ton, declining by -23.8% against the previous year. In general, the import price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 100% against the previous year. Over the period under review, average import prices hit record highs at $10,224 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 ($43,905 per ton), while the price for Norway ($1,300 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+233.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Sweden (FOB) - 2022

The average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $895 per ton in 2022, declining by -67.9% against the previous year. Overall, the export price showed a precipitous contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 217%. As a result, the export price reached the peak level of $15,370 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($5,432 per ton), while the average price for exports to the United States stood at $859 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+41.1%), while the prices for the other major destinations experienced a decline.

Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Sweden

In 2022, approx. 252 tons of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses were imported into Sweden; jumping by 162% compared with the year before. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 376% against the previous year. As a result, imports reached the peak of 296 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses surged to $753K in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 305% against the previous year. As a result, imports attained the peak of $961K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12410117629433.3%
PolandN/AN/A24.8127412.1%
Italy6.34.611.098.0149.6%
Norway47.473522.083.220.6%
Others59.512014215136.4%
Total23796137675347.0%

Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Sweden in 2022:

  1. China (152.2 tons)
  2. Norway (64.0 tons)
  3. Poland (14.8 tons)
  4. Italy (14.7 tons)

Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Sweden

After two years of decline, shipments abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses increased by 4,136% to 65 tons in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses soared to $58K in 2022. Over the period under review, exports enjoyed a modest increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A0.155.955800.0%
Norway44.51.43.01.0-71.8%
Switzerland3.3N/A0.4N/A-65.2%
China5.80.7N/AN/A-87.9%
PolandN/A1.1N/AN/A0%
Others2.91.10.91.5-19.7%
Total56.54.24.358.51.2%

Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Sweden in 2022:

  1. United States (65.1 tons)
  2. Norway (0.2 tons)

Source: IndexBox Market Intelligence Platform

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