Spain - Granules and Powders of Pig Iron - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Spain - Granules and Powders of Pig Iron - Market Analysis, Forecast, Size, Trends And Insights

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Pig Iron Articles Price in Spain - 2023

Contents:

  1. Pig Iron Articles Price in Spain (CIF) - 2022
  2. Pig Iron Articles Price in Spain (FOB) - 2023
  3. Pig Iron Articles Imports in Spain
  4. Pig Iron Articles Exports in Spain

Pig Iron Articles Price in Spain (CIF) - 2022

In 2022, the average pig iron articles import price amounted to $1,802 per ton, surging by 15% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,725 per ton), while the price for Turkey ($260 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Pig Iron Articles Price in Spain (FOB) - 2023

In June 2023, the average pig iron articles export price amounted to $1,221 per ton, with a decrease of -16.6% against the previous month. Overall, the export price recorded a slight downturn. The pace of growth was the most pronounced in May 2023 when the average export price increased by 25% m-o-m. Over the period under review, the average export prices attained the maximum at $1,789 per ton in July 2022; however, from August 2022 to June 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($1,656 per ton), while the average price for exports to Cuba ($225 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Pig Iron Articles Imports in Spain

In 2022, pig iron articles imports into Spain shrank to 50K tons, dropping by -13.1% compared with the previous year's figure. Overall, imports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 11%.

In value terms, pig iron articles imports reached $90M in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 23%.

Import of Pig Iron Articles in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden34.530.435.028.7-6.0%
Germany9.58.112.013.011.0%
Canada12.59.810.212.70.5%
United States8.65.08.29.22.3%
Romania6.45.87.17.55.4%
Egypt4.03.44.85.410.5%
China1.51.10.80.9-15.7%
Montenegro1.1N/A0.60.7-14.0%
TurkeyN/AN/A0.50.620.0%
Others11.79.410.310.9-2.3%
Total89.873.089.589.7-0.0%

Top Suppliers of Pig Iron Articles to Spain in 2022:

  1. Sweden (16.9K tons)
  2. Canada (7.1K tons)
  3. Germany (5.4K tons)
  4. Romania (4.1K tons)
  5. Egypt (3.7K tons)
  6. United States (3.4K tons)
  7. Turkey (2.4K tons)
  8. China (1.6K tons)
  9. Montenegro (0.6K tons)

Pig Iron Articles Exports in Spain

Pig iron articles exports from Spain rose rapidly to 22K tons in 2022, growing by 7.3% against 2021 figures. The total export volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, pig iron articles exports skyrocketed to $32M in 2022. In general, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 45% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Export of Pig Iron Articles in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.83.77.69.525.6%
Italy2.01.80.83.419.3%
Portugal1.61.42.43.428.6%
Sweden2.41.53.13.210.1%
India2.42.62.92.0-5.9%
France1.61.50.92.07.7%
Turkey0.20.20.41.176.5%
Czech Republic0.20.2N/A0.965.1%
NorwayN/AN/A0.50.980.0%
United Kingdom0.80.71.10.80.0%
South AfricaN/AN/A0.20.7250.0%
Denmark0.50.40.30.711.9%
Slovenia0.30.50.40.518.6%
Others2.91.73.02.7-2.4%
Total19.516.223.531.817.7%

Top Export Markets for Pig Iron Articles from Spain in 2022:

  1. Germany (4.5K tons)
  2. Italy (2.8K tons)
  3. Portugal (2.5K tons)
  4. Sweden (2.3K tons)
  5. India (1.7K tons)
  6. France (1.3K tons)
  7. Turkey (1.0K tons)
  8. Norway (0.9K tons)
  9. South Africa (0.8K tons)
  10. United Kingdom (0.8K tons)
  11. Czech Republic (0.7K tons)
  12. Denmark (0.6K tons)
  13. Slovenia (0.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pig iron articles market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24101410 - Granules and powders, of pig iron, spiegeleisen, iron or steel

Country coverage:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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