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

Contents:

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

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

In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $806 per ton, with a decrease of -14.1% against the previous year. Overall, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2021 an increase of 115%. The import price peaked at $1,387 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,065 per ton), while the price for India stood at $754 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+21.2%), 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 Thailand (FOB) - 2022

In 2022, the average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $1,358 per ton, rising by 36% against the previous year. Overall, the export price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 71%. The export price peaked at $2,535 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,743 per ton), while the average price for exports to Japan ($406 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+19.5%), 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 Thailand

In 2022, supplies from abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses decreased by -9% to 1.2K tons, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 127% against the previous year. As a result, imports attained the peak of 1.8K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses dropped notably to $964K in 2022. Over the period under review, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. As a result, imports attained the peak of $1.2M, and then declined markedly in the following year.

Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/A48375155.5%
Taiwan (Chinese)2280.6N/A213-2.2%
Russia247N/AN/AN/A0%
IndonesiaN/AN/A561N/A0%
Brazil117742188N/A26.8%
OthersN/A21.40.20.2-90.3%
Total5927641,23296417.6%

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

  1. India (996.1 tons)
  2. Taiwan (Chinese) (200.0 tons)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses, when their volume increased by 16,100% to 486 kg. Overall, exports, however, faced a precipitous setback.

In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses skyrocketed to $660 in 2022. In general, exports, however, faced a sharp reduction.

Export of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/AN/AN/A0.50%
ChinaN/AN/AN/A0.20%
JapanN/AN/AN/AN/A0%
Myanmar7.0N/AN/AN/A0%
Lao People's Democratic Republic11.812.9N/AN/A9.3%
OthersN/AN/AN/AN/A0%
Total18.812.9N/A0.7-66.6%

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

  1. Hong Kong SAR (276.0 kg)
  2. China (177.0 kg)
  3. Japan (32.0 kg)

Source: IndexBox Market Intelligence Platform

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