Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Hong Kong SAR - 2022
Contents:
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Hong Kong SAR (FOB) - 2022
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Hong Kong SAR (CIF) - 2022
- Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Hong Kong SAR
- Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Hong Kong SAR
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $109 per ton, flattening at the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 a decrease of 99.9%. Over the period under review, the average export prices hit record highs at $849 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2014 to 2022, the rate of growth in terms of prices for Malaysia amounted to -6.0% per year.
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $131 per ton, remaining stable against the previous year. In general, the import price showed tangible growth. The most prominent rate of growth was recorded in 2018 an increase of 96% against the previous year. The import price peaked at $210 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($179 per ton), while the price for Mexico ($118 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+35.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Hong Kong SAR
In 2022, the amount of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) exported from Hong Kong SAR amounted to 60K tons, remaining stable against the previous year's figure. Over the period under review, exports showed resilient growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) totaled $6.5M in 2022. Overall, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Malaysia | 6.5 | N/A | 3.2 | -29.8% | |
| Others | N/A | N/A | 3.3 | 0% | |
| Total | 6.5 | N/A | 6.5 | 0.0% | |
Top Export Markets for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) from Hong Kong SAR in 2022:
- Malaysia (29.9K tons)
Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Hong Kong SAR
In 2022, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) into Hong Kong SAR soared to 24K tons, with an increase of 479% on the year before. In general, imports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 714% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) soared to $3.1M in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,113% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 556 | 41.8 | 470 | 2,035 | 54.1% |
| Fiji | 53.1 | N/A | N/A | 944 | 161.0% |
| United States | 23.7 | 1.9 | 21.8 | 98.4 | 60.7% |
| Others | 10.2 | 0.2 | 40.8 | 13.1 | 8.7% |
| Total | 643 | 43.9 | 533 | 3,091 | 68.8% |
Top Suppliers of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) to Hong Kong SAR in 2022:
- Mexico (17.2K tons)
- Fiji (5.7K tons)
- United States (0.7K tons)
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This report provides an in-depth analysis of the iron ore market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the iron ore market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the roasted iron pyrites market in Hong Kong SAR, China.
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