Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Ukraine - 2023
Contents:
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Ukraine (FOB) - 2022
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Ukraine (CIF) - 2022
- Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Ukraine
- Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Ukraine
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Ukraine (FOB) - 2022
The average export price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) stood at $151 per ton in 2022, falling by -14.6% against the previous year. In general, the export price, however, enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 61%. As a result, the export price reached the peak level of $177 per ton, and then fell in the following year.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovakia ($164 per ton) and Egypt ($163 per ton), while the average price for exports to Poland ($119 per ton) and Romania ($124 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Ukraine (CIF) - 2022
The average import price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) stood at $3,197 per ton in 2022, jumping by 1,073% against the previous year. Overall, the import price recorded a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($4,221 per ton), while the price for Russia stood at $2,958 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+39.1%).
Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Ukraine
In 2022, shipments abroad of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) decreased by -41.5% to 9.8M tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 8.3% against the previous year. As a result, the exports attained the peak of 17M tons, and then reduced rapidly in the following year.
In value terms, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) shrank notably to $1.5B in 2022. In general, exports recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year. As a result, the exports attained the peak of $3B, and then dropped notably in the following year.
| Export of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 113 | 8.0 | 272 | 434 | 56.6% |
| Austria | 271 | 268 | 483 | 401 | 14.0% |
| Romania | 76.7 | 8.8 | 71.7 | 122 | 16.7% |
| Czech Republic | 59.4 | 53.9 | 123 | 120 | 26.4% |
| Poland | 61.0 | 78.6 | 71.8 | 76.8 | 8.0% |
| China | 442 | 851 | 735 | 61.3 | -48.2% |
| Vietnam | 25.9 | 45.5 | 166 | 59.0 | 31.6% |
| Japan | 107 | 48.8 | 148 | 54.0 | -20.4% |
| Serbia | 135 | 30.4 | 37.9 | 47.7 | -29.3% |
| Germany | 121 | 117 | 301 | 25.7 | -40.3% |
| Turkey | 48.4 | 75.3 | 234 | 25.6 | -19.1% |
| Egypt | N/A | N/A | 88.5 | 25.0 | -71.8% |
| Others | 162 | 110 | 227 | 24.7 | -46.6% |
| Total | 1,624 | 1,697 | 2,958 | 1,477 | -3.1% |
Top Export Markets for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) from Ukraine in 2022:
- Slovakia (2641.1K tons)
- Austria (2627.4K tons)
- Romania (982.6K tons)
- Czech Republic (778.7K tons)
- Poland (647.5K tons)
- China (426.1K tons)
- Vietnam (387.2K tons)
- Japan (352.0K tons)
- Serbia (311.7K tons)
- Turkey (161.7K tons)
- Germany (159.3K tons)
- Egypt (152.7K tons)
Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Ukraine
In 2022, the amount of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) imported into Ukraine fell dramatically to 407 kg, with a decrease of -99.5% on the previous year. Overall, imports faced a sharp setback. The growth pace was the most rapid in 2021 with an increase of 209% against the previous year.
In value terms, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) dropped remarkably to $1.3K in 2022. In general, imports showed a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 354%.
| Import of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,283 | 2.0 | 7.0 | 1.0 | -90.8% |
| Turkey | N/A | N/A | N/A | 0.3 | 0% |
| Others | 7.8 | 2.8 | 14.9 | N/A | 38.2% |
| Total | 1,290 | 4.8 | 21.9 | 1.3 | -90.0% |
Top Suppliers of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) to Ukraine in 2022:
- Russia (330.0 kg)
- Turkey (77.0 kg)
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