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

Contents:

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

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Saudi Arabia (FOB) - 2022

In 2021, the average export price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $764 per ton, growing by 6.1% against the previous year. Over the period under review, the export price showed slight growth. The growth pace was the most rapid in 2013 when the average export price increased by 78% against the previous year. Over the period under review, the average export prices hit record highs at $1,292 per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($951 per ton), while the average price for exports to Jordan ($93 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2021, the average import price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $366 per ton, growing by 25% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 77% against the previous year. As a result, import price attained the peak level of $748 per ton. From 2016 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($1,256 per ton), while the price for Greece ($160 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+95.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of granules and powders, of pig iron, spiegeleisen, iron or steels from Saudi Arabia declined dramatically to 958 tons, dropping by -38.9% on the previous year's figure. Overall, exports showed a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 142% against the previous year. As a result, the exports attained the peak of 1.6K tons, and then fell sharply in the following year.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels dropped sharply to $999K in 2022. In general, exports, however, saw a prominent increase. The growth pace was the most rapid in 2021 when exports increased by 157%. As a result, the exports attained the peak of $1.2M, and then shrank dramatically in the following year.

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

1. United Arab Emirates (1156.8 tons)
2. Bahrain (146.3 tons)
3. India (121.5 tons)
4. Jordan (81.0 tons)
5. Kuwait (62.8 tons)

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

Imports of granules and powders, of pig iron, spiegeleisen, iron or steels into Saudi Arabia reached 38K tons in 2021, increasing by 2.7% compared with 2020 figures. In general, imports, however, saw a sharp slump.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels surged to $14M in 2021. The total import value increased at an average annual rate of +2.3% from 2019 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Greece (30.0K tons)
2. France (3.7K tons)
3. Egypt (1.3K tons)
4. China (1.1K tons)
5. India (0.6K tons)