Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Indonesia - 2022

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Indonesia (CIF) - 2022
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Indonesia (FOB) - 2022
3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Indonesia
4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Indonesia

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Indonesia (CIF) - 2022

In March 2022, the average import price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $1,526 per ton, surging by 4.5% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in September 2021 when the average import price increased by 61% m-o-m. As a result, import price attained the peak level of $2,549 per ton. From October 2021 to March 2022, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($6,419 per ton), while the price for China ($1,054 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by India (+2.4%), 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 Indonesia (FOB) - 2022

In 2022, the average export price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $508 per ton, with an increase of 46% against the previous year. In general, the export price, however, recorded a deep contraction. The growth pace was the most rapid in 2014 when the average export price increased by 73% against the previous year. As a result, the export price reached the peak level of $1,196 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +35.5% per year.

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

In 2022, the amount of granules and powders, of pig iron, spiegeleisen, iron or steels imported into Indonesia soared to 74K tons, rising by 196% against the previous year. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels contracted modestly to $40M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +69.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 72% against the previous year. As a result, imports reached the peak of $41M, and then dropped modestly in the following year.

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

1. Philippines (16.5K tons)
2. Pakistan (14.9K tons)
3. Egypt (11.8K tons)
4. China (7.9K tons)
5. Oman (6.0K tons)
6. Qatar (4.5K tons)
7. Thailand (4.0K tons)
8. Japan (3.1K tons)
9. Sweden (1.0K tons)

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

After three years of growth, shipments abroad of granules and powders, of pig iron, spiegeleisen, iron or steels decreased by -99% to 129 tons in 2022. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 2,817%. As a result, the exports attained the peak of 13K tons, and then fell sharply in the following year.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels reduced remarkably to $66K in 2022. Over the period under review, exports recorded a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 3,267%. As a result, the exports attained the peak of $4.6M, and then fell notably in the following year.

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

1. Malaysia (129.0 tons)