Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in China - 2024
Contents:
- Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in China (CIF) - 2024
- Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in China (FOB) - 2024
- Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in China
- Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in China
Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in China (CIF) - 2024
The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $2,759 per ton in June 2023, which is down by -9.7% against the previous month. Over the period under review, the import price saw a pronounced slump. The pace of growth was the most pronounced in March 2023 an increase of 3.1% m-o-m. As a result, import price reached the peak level of $3,113 per ton. From April 2023 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($13,112 per ton), while the price for Canada ($1,226 per ton) was amongst the lowest.
From February 2023 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+7.5%), 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 China (FOB) - 2024
The average export price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $1,079 per ton in June 2023, falling by -4% against the previous month. In general, the export price saw a noticeable slump. The growth pace was the most rapid in April 2023 an increase of 5.9% month-to-month. Over the period under review, the average export prices hit record highs at $1,243 per ton in February 2023; however, from March 2023 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($3,886 per ton), while the average price for exports to Malaysia ($681 per ton) was amongst the lowest.
From February 2023 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+4.4%), 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 China
After three years of growth, overseas purchases of granules and powders, of pig iron, spiegeleisen, iron or steels decreased by -21.8% to 109K tons in 2022. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year. As a result, imports attained the peak of 140K tons, and then contracted notably in the following year.
In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels shrank to $315M in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 25%. As a result, imports reached the peak of $352M, and then dropped in the following year.
| Import of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 54.7 | 71.0 | 105 | 86.7 | 16.6% |
| Japan | 70.9 | 81.9 | 97.9 | 83.4 | 5.6% |
| United States | 24.1 | 26.1 | 37.0 | 34.5 | 12.7% |
| Canada | 17.9 | 22.6 | 24.8 | 25.1 | 11.9% |
| Germany | 30.6 | 24.3 | 22.2 | 21.2 | -11.5% |
| Taiwan (Chinese) | 29.3 | 12.0 | 14.3 | 18.5 | -14.2% |
| South Korea | 12.7 | 10.8 | 13.1 | 9.4 | -9.5% |
| Others | 29.0 | 33.5 | 38.1 | 35.9 | 7.4% |
| Total | 269 | 282 | 352 | 315 | 5.4% |
Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to China in 2022:
- Sweden (46.3K tons)
- Japan (19.4K tons)
- Canada (18.6K tons)
- United States (12.6K tons)
- South Korea (3.6K tons)
- Taiwan (Chinese) (2.2K tons)
- Germany (1.9K tons)
Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in China
In 2022, overseas shipments of granules and powders, of pig iron, spiegeleisen, iron or steels were finally on the rise to reach 134K tons after two years of decline. In general, exports, however, continue to indicate a drastic downturn.
In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $179M in 2022. The total export value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 13%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 31.8 | 32.0 | 30.9 | 31.4 | -0.4% |
| Taiwan (Chinese) | 16.0 | 24.6 | 30.1 | 19.8 | 7.4% |
| India | 16.7 | 11.8 | 15.1 | 16.0 | -1.4% |
| United States | 9.4 | 5.4 | 8.8 | 12.8 | 10.8% |
| Indonesia | 7.0 | 9.1 | 12.3 | 12.4 | 21.0% |
| Japan | 14.0 | 12.0 | 17.7 | 11.6 | -6.1% |
| Vietnam | 5.0 | 5.5 | 7.6 | 8.9 | 21.2% |
| Thailand | 4.8 | 5.9 | 8.1 | 5.0 | 1.4% |
| Mexico | 1.4 | 1.3 | 2.5 | 4.3 | 45.4% |
| Australia | 2.1 | 2.5 | 3.6 | 3.4 | 17.4% |
| Netherlands | 3.3 | 1.8 | 1.2 | 3.3 | 0.0% |
| Malaysia | 2.8 | 3.0 | 3.3 | 2.9 | 1.2% |
| United Arab Emirates | 2.0 | 1.8 | 1.5 | 2.7 | 10.5% |
| Others | 36.7 | 38.2 | 32.0 | 44.5 | 6.6% |
| Total | 153 | 155 | 175 | 179 | 5.4% |
Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from China in 2022:
- South Korea (22.7K tons)
- Taiwan (Chinese) (14.9K tons)
- Indonesia (13.0K tons)
- India (10.2K tons)
- Japan (9.8K tons)
- Vietnam (8.4K tons)
- Australia (3.9K tons)
- Mexico (3.9K tons)
- United States (3.6K tons)
- Malaysia (3.5K tons)
- Thailand (3.3K tons)
- Netherlands (3.0K tons)
- United Arab Emirates (2.7K tons)
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This report provides an in-depth analysis of the pig iron articles market in China.
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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 China.
499
This report provides an in-depth analysis of the global pig iron articles market.
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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...
993
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...
1651
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...
993
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...
