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

Contents:

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

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

In 2022, the average import price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $1,162 per ton, growing by 4.6% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% 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 +26.0% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 54% against the previous year. As a result, import price reached the peak level of $1,583 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($3,948 per ton), while the price for Brazil ($1,050 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+19.6%), 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 Portugal (FOB) - 2022

The average export price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $1,546 per ton in 2022, falling by -19.3% against the previous year. In general, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of 64% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,571 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Angola ($1,644 per ton) and France ($1,593 per ton), while the average price for exports to Latvia ($1,297 per ton) and Spain ($1,520 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of granules and powders, of pig iron, spiegeleisen, iron or steels into Portugal dropped to 16K tons, reducing by -9.6% compared with the year before. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 293%. As a result, imports reached the peak of 17K tons, and then contracted in the following year.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels contracted to $18M in 2022. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 338% against the previous year. As a result, imports reached the peak of $19M, and then declined in the following year.

Import of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2.11.413.914.389.5%
Germany1.01.22.41.411.9%
China0.70.40.31.012.6%
Brazil0.20.20.40.535.7%
Denmark0.10.10.5N/A123.6%
Ukraine0.20.40.7N/A87.1%
Others1.00.71.00.9-3.5%
Total5.24.419.118.151.6%

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

  1. Spain (13.4K tons)
  2. China (0.8K tons)
  3. Brazil (0.5K tons)
  4. Germany (0.5K tons)

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

In 2022, approx. 260 tons of granules and powders, of pig iron, spiegeleisen, iron or steels were exported from Portugal; dropping by -2.5% on 2021 figures. Over the period under review, exports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of 179%.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels shrank markedly to $402K in 2022. In general, exports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by 358% against the previous year. As a result, the exports reached the peak of $512K, and then fell rapidly in the following year.

Export of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain43.211.443220467.8%
Angola12310065.31517.1%
LatviaN/AN/AN/A40.20%
Algeria169N/AN/AN/A0%
Others0.9N/A14.66.593.3%
Total3371125124026.1%

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

  1. Spain (134.5 tons)
  2. Angola (92.0 tons)
  3. Latvia (31.0 tons)
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