U.S. - Granules and Powders of Pig Iron - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPig Iron Articles Price in the United States - 2023
Contents:
- Pig Iron Articles Price in the United States (CIF) - 2023
- Pig Iron Articles Price in the United States (FOB) - 2022
- Pig Iron Articles Imports in the United States
- Pig Iron Articles Exports in the United States
Pig Iron Articles Price in the United States (CIF) - 2023
In July 2023, the average pig iron articles import price amounted to $2,172 per ton, waning by -8% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 12% against the previous month. The import price peaked at $2,516 per ton in March 2023; however, from April 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($10,933 per ton), while the price for Sweden ($1,454 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
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Pig Iron Articles Price in the United States (FOB) - 2022
The average pig iron articles export price stood at $2,140 per ton in 2022, with an increase of 8.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The pace of growth was the most pronounced in 2021 an increase of 32% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($5,281 per ton), while the average price for exports to Belgium ($1,153 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 Germany (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Pig Iron Articles Imports in the United States
Pig iron articles imports into the United States contracted slightly to 127K tons in 2022, reducing by -2.7% on 2021 figures. Over the period under review, imports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2021 when imports increased by 20%.
In value terms, pig iron articles imports expanded sharply to $282M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.6% 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 +58.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Pig Iron Articles in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 79.8 | 63.1 | 91.8 | 107 | 10.3% |
| Sweden | 31.4 | 22.7 | 37.5 | 33.8 | 2.5% |
| Germany | 25.8 | 22.3 | 27.4 | 33.2 | 8.8% |
| Japan | 22.7 | 15.1 | 20.0 | 24.7 | 2.9% |
| China | 13.9 | 7.7 | 10.7 | 17.1 | 7.2% |
| Thailand | 9.3 | 6.4 | 8.2 | 8.9 | -1.5% |
| India | 3.1 | 2.1 | 3.6 | 7.3 | 33.0% |
| South Africa | 3.9 | 2.7 | 3.7 | 2.8 | -10.5% |
| Turkey | 4.4 | 2.9 | 4.1 | 1.0 | -39.0% |
| Others | 38.4 | 32.7 | 39.9 | 45.9 | 6.1% |
| Total | 233 | 178 | 247 | 282 | 6.6% |
Top Suppliers of Pig Iron Articles to the United States in 2022:
- Canada (66.3K tons)
- Sweden (25.6K tons)
- Japan (5.3K tons)
- Germany (5.0K tons)
- Thailand (4.9K tons)
- China (4.8K tons)
- India (3.8K tons)
- South Africa (1.6K tons)
- Turkey (0.9K tons)
Pig Iron Articles Exports in the United States
For the third year in a row, the United States recorded decline in shipments abroad of granules and powders of pig iron, which decreased by -11.5% to 105K tons in 2022. Overall, exports saw a deep reduction. The smallest decline of -0.5% was in 2021.
In value terms, pig iron articles exports fell to $224M in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 32%. As a result, the exports attained the peak of $233M, and then contracted modestly in the following year.
| Export of Pig Iron Articles in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 47.9 | 34.8 | 48.2 | 58.1 | 6.6% |
| China | 23.1 | 27.2 | 32.7 | 33.0 | 12.6% |
| Canada | 32.2 | 27.0 | 37.1 | 32.4 | 0.2% |
| Germany | 29.2 | 17.8 | 18.4 | 16.8 | -16.8% |
| Taiwan (Chinese) | 15.0 | 13.9 | 22.1 | 12.7 | -5.4% |
| Spain | 7.2 | 5.1 | 7.2 | 8.2 | 4.4% |
| South Korea | 9.6 | 8.4 | 8.6 | 7.1 | -9.6% |
| Japan | 3.8 | 3.9 | 4.0 | 5.1 | 10.3% |
| Belgium | 4.0 | 3.2 | 2.6 | 2.7 | -12.3% |
| Others | 43.7 | 35.5 | 51.9 | 48.1 | 3.2% |
| Total | 216 | 177 | 233 | 224 | 1.2% |
Top Export Markets for Pig Iron Articles from the United States in 2022:
- Mexico (44.5K tons)
- Canada (17.2K tons)
- China (15.1K tons)
- Taiwan (Chinese) (3.6K tons)
- Spain (3.6K tons)
- Germany (3.2K tons)
- South Korea (2.4K tons)
- Belgium (2.3K tons)
- Japan (1.7K tons)
This report provides an in-depth analysis of the pig iron articles market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the pig iron articles market in the U.S..
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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 U.S..
472
This report provides an in-depth analysis of the global pig iron articles market.
1606
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...
950
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...
1606
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...
950
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...
