Germany - Pig Iron And Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPig Iron Price in Germany - 2023
Contents:
- Pig Iron Price in Germany (CIF) - 2023
- Pig Iron Price in Germany (FOB) - 2023
- Pig Iron Imports in Germany
- Pig Iron Exports in Germany
Pig Iron Price in Germany (CIF) - 2023
The average pig iron import price stood at $607 per ton in July 2023, which is down by -2.3% against the previous month. In general, the import price showed a perceptible decline. The pace of growth was the most pronounced in November 2022 an increase of 58% month-to-month. As a result, import price attained the peak level of $872 per ton. From December 2022 to July 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from the Czech Republic ($728 per ton) and Austria ($704 per ton), while the price for France ($571 per ton) and the Netherlands ($593 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Sweden (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Pig Iron Price in Germany (FOB) - 2023
In July 2023, the average pig iron export price amounted to $673 per ton, with an increase of 39% against the previous month. Over the period under review, the export price, however, continues to indicate a slight slump. The export price peaked at $880 per ton in August 2022; however, from September 2022 to July 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In July 2023, the countries with the highest prices were Slovakia ($754 per ton) and Italy ($749 per ton), while the average price for exports to Poland ($567 per ton) and the Czech Republic ($644 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.4%), while the prices for the other major destinations experienced a decline.
Pig Iron Imports in Germany
In 2022, the amount of pig iron and spiegeleisen imported into Germany skyrocketed to 431K tons, rising by 41% compared with the previous year. In general, imports, however, showed a relatively flat trend pattern.
In value terms, pig iron imports soared to $283M in 2022. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 98% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
| Import of Pig Iron in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 58.9 | 24.2 | 49.4 | 100 | 19.3% |
| Ukraine | 14.4 | 1.5 | 22.9 | 26.6 | 22.7% |
| Norway | 17.3 | 17.4 | 27.0 | 24.2 | 11.8% |
| Russia | 31.0 | 13.2 | 26.3 | 19.8 | -13.9% |
| Canada | 14.3 | 8.9 | 10.7 | 17.5 | 7.0% |
| South Africa | 7.2 | 3.8 | 8.2 | 14.0 | 24.8% |
| Sweden | 5.1 | 2.2 | 8.9 | 13.2 | 37.3% |
| Netherlands | 20.4 | 7.9 | 6.4 | 11.4 | -17.6% |
| France | 6.8 | N/A | N/A | 4.2 | -14.8% |
| Others | 9.1 | 10.4 | 17.2 | 51.2 | 77.9% |
| Total | 184 | 89.4 | 177 | 283 | 15.4% |
Top Suppliers of Pig Iron to Germany in 2022:
- Brazil (142.4K tons)
- Ukraine (48.5K tons)
- Sweden (34.3K tons)
- Russia (29.8K tons)
- Norway (27.4K tons)
- Canada (25.7K tons)
- South Africa (21.5K tons)
- Netherlands (19.4K tons)
- France (9.9K tons)
Pig Iron Exports in Germany
In 2022, shipments abroad of pig iron and spiegeleisen decreased by -16.7% to 195K tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 47% against the previous year. As a result, the exports attained the peak of 282K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, pig iron exports soared to $147M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 25%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Pig Iron in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.6 | 6.6 | 19.0 | 29.8 | 51.3% |
| France | 8.7 | 7.7 | 15.9 | 22.4 | 37.1% |
| Poland | 12.9 | 16.8 | 16.1 | 21.4 | 18.4% |
| Czech Republic | 4.9 | 6.3 | 10.3 | 12.7 | 37.4% |
| Belgium | 2.9 | 2.9 | 3.1 | 7.4 | 36.7% |
| Austria | 1.5 | 1.4 | 2.7 | 7.0 | 67.1% |
| Slovakia | N/A | N/A | 1.0 | 6.7 | 570.0% |
| Switzerland | 4.4 | 3.6 | 5.6 | 6.6 | 14.5% |
| Turkey | 17.3 | 29.8 | 28.1 | 5.2 | -33.0% |
| Netherlands | 6.2 | 2.3 | 4.1 | 5.0 | -6.9% |
| Taiwan (Chinese) | 0.4 | 0.5 | 3.7 | 2.1 | 73.8% |
| Oman | N/A | N/A | 0.1 | 1.6 | 1500.0% |
| Vietnam | N/A | N/A | 1.5 | 1.5 | 0.0% |
| Others | 14.0 | 22.8 | 15.2 | 17.3 | 7.3% |
| Total | 81.7 | 101 | 126 | 147 | 21.6% |
Top Export Markets for Pig Iron from Germany in 2022:
- Italy (39.7K tons)
- France (30.8K tons)
- Poland (30.2K tons)
- Czech Republic (17.2K tons)
- Turkey (10.0K tons)
- Belgium (9.5K tons)
- Austria (8.5K tons)
- Slovakia (8.3K tons)
- Switzerland (8.3K tons)
- Netherlands (7.0K tons)
- Oman (3.6K tons)
- Taiwan (Chinese) (3.1K tons)
- Vietnam (3.0K tons)
This report provides an in-depth analysis of the pig iron market in Germany. 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 24101100 - Pig iron and spiegeleisen in pigs, blocks or other primary forms
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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
-
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
778
This report provides an in-depth analysis of the pig iron market in Germany.
410
This report provides an in-depth analysis of the iron and steel market in Germany.
4386
This report provides an in-depth analysis of the global pig iron market.
1037
This report provides an in-depth analysis of the global iron and steel market.
778
This report provides an in-depth analysis of the pig iron market in Germany.
410
This report provides an in-depth analysis of the iron and steel market in Germany.
4386
This report provides an in-depth analysis of the global pig iron market.
1037
This report provides an in-depth analysis of the global iron and steel market.
109
Discover the leading countries in the global import market for pig iron and the factors driving their high import volumes. Gain insights into the key players and trends shaping the industry.
1997
In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...
919
In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...
126
Discover the leading countries in the global iron and steel import market and their key statistics. Learn about the trends and factors driving the demand for these crucial materials.
109
Discover the leading countries in the global import market for pig iron and the factors driving their high import volumes. Gain insights into the key players and trends shaping the industry.
1997
In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...
919
In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...
126
Discover the leading countries in the global iron and steel import market and their key statistics. Learn about the trends and factors driving the demand for these crucial materials.
