Price for Powders of Pig Iron in the UK - 2023
Contents:
- Price for Powders of Pig Iron in the UK (CIF) - 2022
- Price for Powders of Pig Iron in the UK (FOB) - 2022
- Imports of Powders of Pig Iron in the UK
- Exports of Powders of Pig Iron in the UK
Price for Powders of Pig Iron in the UK (CIF) - 2022
The average powders of pig iron import price stood at $1,791 per ton in 2022, shrinking by -36.6% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powders of pig iron import price decreased by -38.6% against 2019 indices. The growth pace was the most rapid in 2014 when the average import price increased by 27% against the previous year. The import price peaked at $2,917 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,118 per ton), while the price for Canada ($915 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Powders of Pig Iron in the UK (FOB) - 2022
The average powders of pig iron export price stood at $16,675 per ton in 2022, rising by 7% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 76%. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($32,309 per ton), while the average price for exports to Spain ($1,890 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 Slovenia (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Powders of Pig Iron in the UK
In 2022, approx. 13K tons of powders of pig ira were imported into the UK; picking up by 109% compared with 2021 figures. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, powders of pig iron imports skyrocketed to $24M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.1% 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 +76.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Powders of Pig Iron in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.6 | 0.8 | 1.5 | 13.1 | 179.5% |
| Germany | 8.9 | 6.2 | 6.3 | 2.4 | -35.4% |
| Sweden | 1.6 | 1.5 | 3.7 | 2.2 | 11.2% |
| United States | 0.8 | 0.2 | 0.8 | 1.5 | 23.3% |
| Italy | 0.8 | 0.8 | 1.0 | 1.4 | 20.5% |
| Canada | 1.8 | 1.4 | 1.5 | 1.3 | -10.3% |
| Egypt | 0.3 | 0.4 | 0.6 | 0.6 | 26.0% |
| Romania | 0.3 | 0.4 | 0.5 | 0.3 | 0.0% |
| India | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Others | 2.4 | 1.7 | 2.0 | 0.7 | -33.7% |
| Total | 17.7 | 13.4 | 17.9 | 23.6 | 10.1% |
Top Suppliers of Powders of Pig Iron to the UK in 2022:
- China (7.8K tons)
- Sweden (1.5K tons)
- Canada (1.4K tons)
- Italy (0.9K tons)
- United States (0.5K tons)
- Germany (0.4K tons)
- Egypt (0.3K tons)
- Romania (0.2K tons)
- India (0.1K tons)
Exports of Powders of Pig Iron in the UK
In 2022, overseas shipments of powders of pig ira were finally on the rise to reach 692 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a drastic downturn.
In value terms, powders of pig iron exports skyrocketed to $12M in 2022. Overall, total exports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Powders of Pig Iron in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,985 | 1,542 | 2,293 | 6,220 | 46.3% |
| Slovenia | 8.5 | 20.8 | 543 | 1,230 | 425.0% |
| United States | 835 | 940 | 826 | 974 | 5.3% |
| China | 1,978 | 62.7 | 116 | 682 | -29.9% |
| France | 701 | 577 | 526 | 543 | -8.2% |
| Thailand | 59.5 | 81.7 | 62.6 | 357 | 81.7% |
| Dominican Republic | 48.7 | 164 | 301 | 222 | 65.8% |
| Switzerland | 96.7 | 82.9 | 28.8 | 149 | 15.5% |
| Denmark | 21.8 | 4.5 | 117 | 95.0 | 63.3% |
| Finland | 2,558 | 1,916 | 1,317 | 46.3 | -73.7% |
| Netherlands | 381 | 590 | 70.3 | 41.7 | -52.2% |
| Ireland | 47.2 | 3.8 | 6.2 | 22.9 | -21.4% |
| Spain | 38.2 | 59.4 | 16.0 | 20.4 | -18.9% |
| Others | 1,669 | 1,399 | 2,485 | 935 | -17.6% |
| Total | 10,428 | 7,443 | 8,709 | 11,540 | 3.4% |
Top Export Markets for Powders of Pig Iron from the UK in 2022:
- Germany (284.9 tons)
- France (108.0 tons)
- Switzerland (52.5 tons)
- Slovenia (52.3 tons)
- United States (37.8 tons)
- China (21.1 tons)
- Netherlands (19.8 tons)
- Thailand (16.3 tons)
- Dominican Republic (12.6 tons)
- Denmark (12.5 tons)
- Ireland (11.1 tons)
- Spain (10.8 tons)
- Finland (1.5 tons)
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This report provides an in-depth analysis of the pig iron articles market in the UK.
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This report provides an in-depth analysis of the global pig iron articles market.
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This report provides an in-depth analysis of the pig iron articles market in the UK.
493
This report provides an in-depth analysis of the global pig iron articles market.
1639
In value terms, granules and powders of pig iron, spiegeleisen, iron and steel imports totaled $X in 2016. Overall, granules and powders of pig iron, spiegeleisen, iron and steel imports continue t...
986
In value terms, granules and powders of pig iron, spiegeleisen, iron and steel exports stood at $X in 2016. In general, granules and powders of pig iron, spiegeleisen, iron and steel exports contin...
1639
In value terms, granules and powders of pig iron, spiegeleisen, iron and steel imports totaled $X in 2016. Overall, granules and powders of pig iron, spiegeleisen, iron and steel imports continue t...
986
In value terms, granules and powders of pig iron, spiegeleisen, iron and steel exports stood at $X in 2016. In general, granules and powders of pig iron, spiegeleisen, iron and steel exports contin...
