Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in New Zealand - 2024

Contents:

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

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

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $1,522 per ton in 2022, rising by 15% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for granules and powders, of pig iron, spiegeleisen, iron or steels increased by +87.5% against 2017 indices. The growth pace was the most rapid in 2021 when the average import price increased by 48%. The import price peaked in 2022 and is likely to see gradual 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 Thailand ($1,804 per ton) and Sweden ($1,800 per ton), while the price for China ($1,310 per ton) and Taiwan (Chinese) ($1,350 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.9%), 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 New Zealand (FOB) - 2022

The average export price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $2,260 per ton in 2022, rising by 79% against the previous year. In general, the export price showed a resilient increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 192%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($2,672 per ton), while the average price for exports to American Samoa amounted to $1,518 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to American Samoa (+43.5%), 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 New Zealand

In 2022, supplies from abroad of granules and powders, of pig iron, spiegeleisen, iron or steels decreased by -6.9% to 977 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a mild decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 11% against the previous year. As a result, imports reached the peak of 1.1K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels expanded markedly to $1.5M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +59.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. Imports peaked 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 New Zealand in 2022:

1. China (807.5 tons)
2. France (59.7 tons)
3. Sweden (40.5 tons)
4. Taiwan (Chinese) (24.3 tons)
5. Australia (23.3 tons)
6. Thailand (1.0 tons)

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

In 2022, exports of granules and powders, of pig iron, spiegeleisen, iron or steels from New Zealand contracted dramatically to 5 tons, declining by -76.2% compared with the previous year's figure. Over the period under review, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 950% against the previous year. As a result, the exports attained the peak of 21 tons, and then reduced sharply in the following year.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels reduced notably to $11K in 2022. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,697%. As a result, the exports attained the peak of $26K, and then declined rapidly in the following year.

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

1. Fiji (3.0 tons)
2. American Samoa (2.0 tons)