Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Indonesia - 2022
Contents:
- Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Indonesia (FOB) - 2022
- Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Indonesia (CIF) - 2022
- Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Indonesia
- Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Indonesia
Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Indonesia (FOB) - 2022
The average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $1,115 per ton in March 2022, dropping by -38.1% against the previous month. In general, the export price, however, continues to indicate a notable expansion. The growth pace was the most rapid in May 2021 when the average export price increased by 87% m-o-m. The export price peaked at $1,801 per ton in February 2022, and then fell sharply in the following month.
As there is only one major export destination, the average price level is determined by prices for China.
From March 2021 to March 2022, the rate of growth in terms of prices for China amounted to +4.7% per month.
Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Indonesia (CIF) - 2022
In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $720 per ton, increasing by 25% against the previous year. Over the period under review, the import price showed a measured increase. The most prominent rate of growth was recorded in 2020 an increase of 101% against the previous year. As a result, import price reached the peak level of $724 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($714 per ton), while the price for Taiwan (Chinese) totaled $509 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+60.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Indonesia
In 2022, shipments abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses decreased by -43.3% to 36K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 201% against the previous year. As a result, the exports attained the peak of 186K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses declined to $54M in 2022. In general, exports showed a noticeable contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 119% against the previous year. As a result, the exports reached the peak of $129M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 53.7 | 129 | 57.9 | 44.3 | -6.2% |
| Taiwan (Chinese) | 2.1 | N/A | N/A | 10.1 | 68.8% |
| Others | 3.2 | N/A | 2.9 | N/A | -4.8% |
| Total | 59.0 | 129 | 60.8 | 54.4 | -2.7% |
Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Indonesia in 2022:
- China (30.8K tons)
- Taiwan (Chinese) (5.1K tons)
Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Indonesia
In 2022, approx. 28 tons of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses were imported into Indonesia; declining by -97.8% on 2021 figures. In general, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 1,304% against the previous year.
In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses dropped rapidly to $20K in 2022. Over the period under review, imports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 1,015%.
| Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 144 | 8.6 | 27.7 | 17.0 | -50.9% |
| Taiwan (Chinese) | 74.5 | 51.6 | 252 | 2.2 | -69.1% |
| India | 790 | N/A | 447 | N/A | -24.8% |
| Brazil | 6,283 | N/A | N/A | N/A | 0% |
| Others | 32.2 | 5.0 | N/A | 1.2 | -66.6% |
| Total | 7,324 | 65.2 | 727 | 20.4 | -85.9% |
Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Indonesia in 2022:
- Japan (23.9 tons)
- Taiwan (Chinese) (4.3 tons)
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