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

Contents:

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

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

In August 2023, the average import price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $2,466 per ton, with a decrease of -13.6% against the previous month. Over the period under review, the import price saw a pronounced reduction. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 15% month-to-month. The import price peaked at $3,621 per ton in January 2023; however, from February 2023 to August 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the UK ($18,905 per ton), while the price for Turkey ($1,115 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+12.3%), 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 Germany (FOB) - 2023

The average export price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $2,450 per ton in August 2023, waning by -7.2% against the previous month. Over the period under review, the export price continues to indicate a perceptible descent. The pace of growth appeared the most rapid in March 2023 an increase of 16% against the previous month. The export price peaked at $3,555 per ton in December 2022; however, from January 2023 to August 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was the United States ($19,219 per ton), while the average price for exports to Algeria ($664 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 Norway (+4.6%), 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 Germany

In 2022, imports of granules and powders, of pig iron, spiegeleisen, iron or steels into Germany reduced to 105K tons, declining by -12.2% on 2021 figures. In general, imports continue to indicate a deep slump. The growth pace was the most rapid in 2021 when imports increased by 4.2% against the previous year.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels totaled $302M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

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

1. Sweden (27.2K tons)
2. France (19.0K tons)
3. Romania (14.1K tons)
4. Turkey (8.6K tons)
5. Canada (7.9K tons)
6. Italy (7.1K tons)
7. Belgium (6.8K tons)
8. China (2.0K tons)
9. United Kingdom (1.0K tons)
10. Czech Republic (0.8K tons)
11. United States (0.6K tons)
12. Poland (0.4K tons)
13. Ukraine (0.1K tons)

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

Exports of granules and powders, of pig iron, spiegeleisen, iron or steels from Germany dropped to 96K tons in 2022, declining by -7.7% compared with 2021. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, the exports attained the peak of 104K tons, and then shrank in the following year.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels expanded markedly to $284M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 40% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Italy (19.9K tons)
2. France (10.4K tons)
3. Poland (6.2K tons)
4. United Kingdom (5.1K tons)
5. Spain (4.6K tons)
6. Austria (4.3K tons)
7. Czech Republic (3.9K tons)
8. India (3.7K tons)
9. Netherlands (3.2K tons)
10. Sweden (3.2K tons)
11. Hungary (2.8K tons)
12. United States (2.4K tons)
13. China (2.1K tons)