Czech Republic - Pig Iron And Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Czech Republic - Pig Iron And Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights

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Pig Iron Price in the Czech Republic - 2023

Contents:

  1. Pig Iron Price in the Czech Republic (FOB) - 2022
  2. Pig Iron Price in the Czech Republic (CIF) - 2022
  3. Pig Iron Exports in the Czech Republic
  4. Pig Iron Imports in the Czech Republic

Pig Iron Price in the Czech Republic (FOB) - 2022

In 2022, the average pig iron export price amounted to $799 per ton, surging by 49% against the previous year. Over the period under review, the export price posted strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($1,636 per ton), while the average price for exports to Italy ($408 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 Slovakia (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Pig Iron Price in the Czech Republic (CIF) - 2022

In 2022, the average pig iron import price amounted to $767 per ton, growing by 1.7% against the previous year. Over the period under review, the import price recorded perceptible growth. The growth pace was the most rapid in 2021 an increase of 52% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Brazil ($848 per ton) and Slovakia ($829 per ton), while the price for Ukraine ($661 per ton) and Germany ($713 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Pig Iron Exports in the Czech Republic

After three years of growth, overseas shipments of pig iron and spiegeleisen decreased by -54.2% to 39K tons in 2022. Over the period under review, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 65% against the previous year. As a result, the exports attained the peak of 86K tons, and then dropped markedly in the following year.

In value terms, pig iron exports dropped significantly to $31M in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 133%. As a result, the exports attained the peak of $46M, and then fell significantly in the following year.

Export of Pig Iron in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland11.212.838.624.529.8%
BelgiumN/AN/AN/A1.60%
Slovakia6.45.04.01.4-39.7%
GermanyN/A0.20.11.1134.5%
Italy0.20.61.40.426.0%
Others0.21.11.72.5132.1%
Total17.919.745.931.420.6%

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

  1. Poland (33.2K tons)
  2. Germany (1.9K tons)
  3. Slovakia (1.9K tons)
  4. Italy (0.9K tons)
  5. Belgium (0.9K tons)

Pig Iron Imports in the Czech Republic

In 2022, pig iron imports into the Czech Republic expanded slightly to 60K tons, surging by 4.8% against the previous year. Over the period under review, imports, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 21%.

In value terms, pig iron imports rose notably to $46M in 2022. Overall, imports saw buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 83%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Pig Iron in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia15.010.818.418.47.0%
Germany4.34.010.58.123.5%
Poland5.64.98.66.34.0%
UkraineN/AN/A1.55.0233.3%
Brazil1.00.30.33.754.7%
South Africa0.80.30.31.933.4%
Slovakia0.40.91.20.931.0%
Norway0.41.71.10.3-9.1%
Others0.50.61.01.130.1%
Total28.123.443.045.817.7%

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

  1. Russia (23.9K tons)
  2. Germany (11.3K tons)
  3. Poland (8.1K tons)
  4. Ukraine (7.6K tons)
  5. Brazil (4.4K tons)
  6. South Africa (2.6K tons)
  7. Slovakia (1.1K tons)
  8. Norway (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pig iron 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 24101100 - Pig iron and spiegeleisen in pigs, blocks or other primary forms

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:

  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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Free Data: Pig Iron and Spiegeleisen - Czech Republic