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

Contents:

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

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

The average export price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $2,098 per ton in August 2023, with an increase of 2.4% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 7.7% against the previous month. As a result, the export price attained the peak level of $2,171 per ton. From May 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Thailand ($3,746 per ton), while the average price for exports to Turkey ($909 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 the United States (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In August 2023, the average import price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $1,662 per ton, picking up by 14% against the previous month. Overall, the import price, however, recorded a perceptible setback. The import price peaked at $2,127 per ton in December 2022; however, from January 2023 to August 2023, import prices failed to regain momentum.

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 ($19,128 per ton), while the price for China ($623 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 (+3.4%), while the prices for the other major suppliers experienced a decline.

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

Exports of granules and powders, of pig iron, spiegeleisen, iron or steels from Romania reduced modestly to 47K tons in 2022, therefore, remained relatively stable against 2021 figures. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 19%. As a result, the exports reached the peak of 48K tons, and then dropped in the following year.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels stood at $89M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.2% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 48% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany27.821.128.830.63.3%
Italy16.916.527.326.516.2%
Spain8.26.38.210.48.2%
Austria3.23.04.84.07.7%
China3.03.74.33.88.2%
Turkey1.41.51.72.927.5%
Thailand2.81.52.82.7-1.2%
United States3.02.12.62.4-7.2%
Slovakia1.41.11.61.40.0%
Poland1.90.91.81.1-16.7%
Others1.61.84.03.529.8%
Total71.359.587.989.47.8%

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

  1. Germany (16.5K tons)
  2. Italy (12.9K tons)
  3. Spain (6.2K tons)
  4. Austria (2.8K tons)
  5. Turkey (1.7K tons)
  6. China (1.4K tons)
  7. Poland (1.2K tons)
  8. Slovakia (1.0K tons)
  9. United States (0.8K tons)
  10. Thailand (0.7K tons)

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

In 2022, the amount of granules and powders, of pig iron, spiegeleisen, iron or steels imported into Romania dropped to 7.5K tons, waning by -7.4% compared with 2021. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of 8.1K 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 $12M in 2022. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 94%. As a result, imports reached the peak of $14M, and then reduced in the following year.

Import of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden2,0802,4044,1002,7619.9%
Slovenia1,0338651,6262,47933.9%
Germany1,3931,5261,4471,7377.6%
Belgium6183091,2821,23325.9%
Italy5616819566816.7%
France58.9206446594116.1%
China11393.414748362.3%
Ukraine351198386179-20.1%
United States1251191,110112-3.6%
Others6785972,1101,98143.0%
Total7,0116,99813,61112,24020.4%

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

  1. Slovenia (1856.2 tons)
  2. Sweden (1582.8 tons)
  3. Germany (1225.5 tons)
  4. Belgium (789.9 tons)
  5. Italy (398.0 tons)
  6. China (349.8 tons)
  7. France (210.0 tons)
  8. Ukraine (169.4 tons)
  9. United States (60.1 tons)
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