Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in the United States - 2024
Contents:
- Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in the United States (CIF) - 2024
- Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in the United States (FOB) - 2022
- Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in the United States
- Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in the United States
Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in the United States (CIF) - 2024
The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $2,331 per ton in August 2023, picking up by 7.3% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $2,516 per ton in March 2023; however, from April 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6,032 per ton), while the price for Turkey ($965 per ton) was amongst the lowest.
From February 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Sweden (+5.8%), 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 the United States (FOB) - 2022
The average export price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $2,139 per ton in 2022, growing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 30%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($5,250 per ton), while the average price for exports to Belgium ($1,153 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+12.9%), 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 the United States
In 2022, the amount of granules and powders, of pig iron, spiegeleisen, iron or steels imported into the United States declined slightly to 126K tons, shrinking by -3.7% against the year before. Overall, imports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year.
In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels rose significantly to $282M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.6% 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 +58.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 39% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 79.8 | 63.1 | 91.8 | 107 | 10.3% |
| Sweden | 31.4 | 22.7 | 37.5 | 33.8 | 2.5% |
| Germany | 25.8 | 22.3 | 27.4 | 33.3 | 8.9% |
| Japan | 22.7 | 15.1 | 20.0 | 24.7 | 2.9% |
| China | 13.9 | 7.7 | 10.7 | 17.1 | 7.2% |
| Thailand | 9.3 | 6.4 | 8.2 | 8.9 | -1.5% |
| India | 3.1 | 2.1 | 3.6 | 7.3 | 33.0% |
| France | 3.6 | 4.5 | 3.9 | 3.6 | 0.0% |
| South Africa | 3.9 | 2.7 | 3.7 | 2.8 | -10.5% |
| Turkey | 4.4 | 2.9 | 4.1 | 1.0 | -39.0% |
| Others | 34.8 | 28.2 | 36.0 | 42.4 | 6.8% |
| Total | 233 | 178 | 247 | 282 | 6.6% |
Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to the United States in 2022:
- Canada (66.6K tons)
- Sweden (25.7K tons)
- Germany (5.0K tons)
- Thailand (4.9K tons)
- China (4.3K tons)
- Japan (3.9K tons)
- India (3.6K tons)
- France (2.0K tons)
- South Africa (1.6K tons)
- Turkey (0.9K tons)
Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in the United States
In 2022, the amount of granules and powders, of pig iron, spiegeleisen, iron or steels exported from the United States fell to 105K tons, reducing by -13.1% on 2021. Over the period under review, exports showed a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 21%.
In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels dropped slightly to $224M in 2022. The total export value increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 32%. As a result, the exports attained the peak of $233M, and then dropped in the following year.
| Export of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 48.0 | 34.7 | 48.2 | 58.1 | 6.6% |
| China | 23.1 | 27.2 | 32.7 | 32.9 | 12.5% |
| Canada | 32.2 | 27.0 | 37.1 | 32.5 | 0.3% |
| Germany | 29.2 | 17.8 | 18.4 | 16.8 | -16.8% |
| Taiwan (Chinese) | 15.0 | 13.9 | 22.2 | 12.9 | -4.9% |
| Spain | 7.2 | 5.1 | 7.2 | 8.1 | 4.0% |
| South Korea | 9.6 | 8.4 | 8.5 | 7.1 | -9.6% |
| Japan | 3.8 | 3.9 | 4.0 | 5.1 | 10.3% |
| India | 3.4 | 3.3 | 4.4 | 2.7 | -7.4% |
| Belgium | 4.0 | 3.2 | 2.6 | 2.7 | -12.3% |
| Sweden | 2.9 | 4.1 | 11.5 | 2.2 | -8.8% |
| Others | 37.4 | 28.2 | 36.0 | 43.2 | 4.9% |
| Total | 216 | 177 | 233 | 224 | 1.2% |
Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from the United States in 2022:
- Mexico (44.6K tons)
- Canada (17.2K tons)
- China (14.6K tons)
- Taiwan (Chinese) (3.7K tons)
- Spain (3.5K tons)
- Germany (3.2K tons)
- South Korea (2.4K tons)
- Belgium (2.3K tons)
- Japan (1.7K tons)
- India (0.7K tons)
- Sweden (0.5K tons)
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This report provides an in-depth analysis of the pig iron articles market in the U.S..
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This report provides an in-depth analysis of the global pig iron articles market.
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This report provides an in-depth analysis of the pig iron articles market in the U.S..
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This report provides an in-depth analysis of the global pig iron articles market.
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In value terms, granules and powders of pig iron, spiegeleisen, iron and steel imports totaled $X in 2016. Overall, granules and powders of pig iron, spiegeleisen, iron and steel imports continue t...
995
In value terms, granules and powders of pig iron, spiegeleisen, iron and steel exports stood at $X in 2016. In general, granules and powders of pig iron, spiegeleisen, iron and steel exports contin...
1653
In value terms, granules and powders of pig iron, spiegeleisen, iron and steel imports totaled $X in 2016. Overall, granules and powders of pig iron, spiegeleisen, iron and steel imports continue t...
995
In value terms, granules and powders of pig iron, spiegeleisen, iron and steel exports stood at $X in 2016. In general, granules and powders of pig iron, spiegeleisen, iron and steel exports contin...
