Report Update: Apr 1, 2024

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

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Pig Iron Articles Price in the Czech Republic - 2023

Pig Iron Articles Price in the Czech Republic (CIF) - 2023

In June 2023, the average pig iron articles import price amounted to $1,257 per ton, with an increase of 3.3% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 86% against the previous month. As a result, import price reached the peak level of $1,973 per ton. From January 2023 to June 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($2,966 per ton), while the price for Slovakia ($110 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Pig Iron Articles Price in the Czech Republic (FOB) - 2023

The average pig iron articles export price stood at $1,175 per ton in June 2023, declining by -6.7% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 67% month-to-month. As a result, the export price reached the peak level of $1,759 per ton. From January 2023 to June 2023, the the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In June 2023, the countries with the highest prices were Estonia ($1,354 per ton) and Sweden ($1,209 per ton), while the average price for exports to France ($1,081 per ton) and Denmark ($1,101 per ton) were 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 (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Pig Iron Articles Imports in the Czech Republic

In 2022, approx. 31K tons of granules and powders of pig iron were imported into the Czech Republic; jumping by 28% compared with the year before. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, pig iron articles imports skyrocketed to $40M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 62%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Pig Iron Articles in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	2.7	2.6	8.1	11.9	64.0%
Germany	5.9	8.2	8.9	9.3	16.4%
Italy	4.6	3.6	4.7	5.3	4.8%
Slovenia	2.9	1.6	3.2	3.6	7.5%
China	1.2	0.6	0.4	2.6	29.4%
Ukraine	0.4	0.3	1.5	1.1	40.1%
Russia	0.7	1.0	2.2	0.4	-17.0%
Slovakia	0.2	0.2	0.2	0.2	0.0%
Others	6.6	3.1	5.4	5.5	-5.9%
Total	25.1	21.2	34.5	39.9	16.7%

Top Suppliers of Pig Iron Articles to the Czech Republic in 2022:

France (10.8K tons)
Slovenia (4.8K tons)
Germany (4.3K tons)
China (2.4K tons)
Slovakia (2.4K tons)
Italy (2.0K tons)
Ukraine (1.0K tons)
Russia (0.5K tons)

Pig Iron Articles Exports in the Czech Republic

In 2022, the amount of granules and powders of pig iron exported from the Czech Republic soared to 15K tons, jumping by 48% compared with 2021. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 83% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, pig iron articles exports soared to $18M in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 143%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Pig Iron Articles in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	1.0	0.6	6.4	8.7	105.7%
Slovakia	2.0	1.8	2.7	4.1	27.0%
Germany	0.5	0.4	1.0	1.7	50.4%
Austria	0.9	1.0	1.1	1.5	18.6%
France	0.2	0.3	0.4	0.4	26.0%
Slovenia	N/A	0.1	0.5	0.4	100.0%
Sweden	0.2	0.3	0.2	0.2	0.0%
Denmark	0.3	0.3	0.2	N/A	-18.4%
Others	0.9	0.5	0.6	1.0	3.6%
Total	6.1	5.4	13.1	18.0	43.4%

Top Export Markets for Pig Iron Articles from the Czech Republic in 2022:

Denmark (undefinedK tons)
Poland (6.8K tons)
Slovakia (3.3K tons)
Germany (1.5K tons)
Austria (1.4K tons)
France (0.4K tons)
Slovenia (0.4K tons)
Sweden (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pig iron articles market in the Czech Republic. 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:

Czech Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Czech Republic
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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