Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in New Zealand - 2022
Contents:
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in New Zealand (CIF) - 2022
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in New Zealand (FOB) - 2022
- Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in New Zealand
- Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in New Zealand
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in New Zealand (CIF) - 2022
The average import price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) stood at $1,113 per ton in 2022, surging by 11% against the previous year. Overall, the import price enjoyed a temperate increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 93% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +3.1% per year.
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in New Zealand (FOB) - 2022
In 2022, the average export price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $4,245 per ton, growing by 682% against the previous year. In general, the export price showed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($4,269 per ton), while the average price for exports to South Korea totaled $500 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-0.8%).
Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in New Zealand
For the fourth year in a row, New Zealand recorded growth in supplies from abroad of iron ores and concentrates, agglomerated (excluding roasted iron pyrites), which increased by 8.5% to 32 tons in 2022. The total import volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) surged to $36K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 20.6 | 24.7 | 29.6 | 35.6 | 20.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 20.6 | 24.7 | 29.6 | 35.6 | 20.0% |
Top Suppliers of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) to New Zealand in 2022:
- Australia (31.9 tons)
Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in New Zealand
Exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) from New Zealand rose slightly to 628 kg in 2022, picking up by 3.6% compared with the year before. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 200% against the previous year. 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) skyrocketed to $2.7K in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in New Zealand (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | N/A | N/A | N/A | 1,332 | 0% |
South Korea | 41.0 | 115 | 329 | 2.0 | -63.5% |
Others | N/A | N/A | N/A | 1,332 | 0% |
Total | 41.0 | 115 | 329 | 2,666 | 302.1% |
Top Export Markets for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) from New Zealand in 2022:
- Indonesia (312.0 kg)
- South Korea (4.0 kg)
This report provides an in-depth analysis of the iron ore market in New Zealand.
This report provides an in-depth analysis of the iron ore market in New Zealand.
This report provides an in-depth analysis of the roasted iron pyrites market in New Zealand.
This report provides an in-depth analysis of the global iron ore market.
This report provides an in-depth analysis of the global iron ore market.
This report provides an in-depth analysis of the global roasted iron pyrites market.
This report provides an in-depth analysis of the iron ore market in New Zealand.
This report provides an in-depth analysis of the iron ore market in New Zealand.
This report provides an in-depth analysis of the roasted iron pyrites market in New Zealand.
This report provides an in-depth analysis of the global iron ore market.
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Explore the top import markets for iron ore, including China, Japan, South Korea, and more. Learn about the key statistics and import values of these countries. Discover valuable insights using the IndexBox market intelligence platform.
Iron ore prices are forecast to drop by 20% y/y to $130 per ton in 2022 due to rising global production.