Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Austria - 2023

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Austria (CIF) - 2023
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Austria (FOB) - 2023
3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Austria
4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Austria

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Austria (CIF) - 2023

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $1,943 per ton in August 2023, declining by -5% against the previous month. Over the period under review, the import price saw a deep reduction. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 15% month-to-month. The import price peaked at $3,150 per ton in December 2022; however, from January 2023 to August 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Bosnia and Herzegovina ($1,467 per ton), while the price for Canada totaled $1,203 per ton.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Romania (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Austria (FOB) - 2023

In August 2023, the average export price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $2,889 per ton, surging by 17% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 105% m-o-m. As a result, the export price attained the peak level of $4,255 per ton. From June 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Canada ($49,974 per ton), while the average price for exports to the United States ($1,247 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Austria

In 2022, the amount of granules and powders, of pig iron, spiegeleisen, iron or steels imported into Austria amounted to 26K tons, standing approx. at the year before. The total import volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 4.9%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels surged to $52M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Austria in 2022:

1. Sweden (16.8K tons)
2. Germany (3.8K tons)
3. Slovenia (1.8K tons)
4. Czech Republic (1.0K tons)
5. Romania (0.7K tons)
6. Bosnia and Herzegovina (0.7K tons)
7. France (0.6K tons)
8. Italy (0.4K tons)

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Austria

In 2022, approx. 3.9K tons of granules and powders, of pig iron, spiegeleisen, iron or steels were exported from Austria; declining by -43.6% against the previous year's figure. Overall, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 31%.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels skyrocketed to $9.8M in 2022. The total export value increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Austria in 2022:

1. Italy (1525.3 tons)
2. Germany (947.2 tons)
3. Slovenia (571.4 tons)
4. Slovakia (301.2 tons)
5. Croatia (216.7 tons)
6. United States (94.8 tons)
7. France (58.9 tons)