Price for Powders of Pig Iron in Switzerland - 2023

Contents:

1. Price for Powders of Pig Iron in Switzerland (CIF) - 2023
2. Price for Powders of Pig Iron in Switzerland (FOB) - 2022
3. Imports of Powders of Pig Iron in Switzerland
4. Exports of Powders of Pig Iron in Switzerland

Price for Powders of Pig Iron in Switzerland (CIF) - 2023

In August 2023, the average powders of pig iron import price amounted to $2,844 per ton, declining by -36.5% against the previous month. In general, the import price showed a noticeable setback. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 103% month-to-month. The import price peaked at $6,493 per ton in March 2023; however, from April 2023 to August 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($3,343 per ton), while the price for China ($2,174 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Sweden (+0.0%), while the prices for the other major suppliers experienced a decline.

Price for Powders of Pig Iron in Switzerland (FOB) - 2022

The average powders of pig iron export price stood at $16,874 per ton in 2022, jumping by 38% against the previous year. Over the period under review, the export price posted prominent growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 80%. Over the period under review, the average export prices reached the maximum at $24,701 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($23,842 per ton), while the average price for exports to Spain ($6,858 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 Sweden (+31.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Powders of Pig Iron in Switzerland

In 2022, the amount of powders of pig ira imported into Switzerland shrank remarkably to 997 tons, which is down by -29.8% against the previous year's figure. Overall, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 6.5%.

In value terms, powders of pig iron imports expanded rapidly to $4.2M in 2022. In general, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year.

Top Suppliers of Powders of Pig Iron to Switzerland in 2022:

1. Germany (471.6 tons)
2. Sweden (345.5 tons)
3. China (61.1 tons)
4. France (39.4 tons)
5. Canada (17.0 tons)
6. Ukraine (7.0 tons)

Exports of Powders of Pig Iron in Switzerland

Powders of pig iron exports from Switzerland reduced rapidly to 9.6 tons in 2022, dropping by -27.3% compared with 2021. Over the period under review, exports recorded a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 83% against the previous year. As a result, the exports reached the peak of 13 tons, and then fell sharply in the following year.

In value terms, powders of pig iron exports stood at $162K in 2022. Overall, exports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 32% against the previous year.

Top Export Markets for Powders of Pig Iron from Switzerland in 2022:

1. Spain (5.0 tons)
2. Germany (3.6 tons)
3. United Kingdom (0.5 tons)
4. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform