Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Luxembourg - 2023

Contents:

  1. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Luxembourg (CIF) - 2022
  2. Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Luxembourg

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Luxembourg (CIF) - 2022

The average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $16,876 per ton in 2022, which is down by -30% against the previous year. Overall, the import price, however, continues to indicate a significant increase. The pace of growth was the most pronounced in 2016 an increase of 107%. The import price peaked at $24,092 per ton in 2021, and then reduced notably in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($18,658 per ton), while the price for Belgium amounted to $14,132 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+26.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Luxembourg

After two years of decline, purchases abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses increased by 62% to 193 kg in 2022. Over the period under review, imports, however, recorded a dramatic setback.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses expanded rapidly to $3.3K in 2022. Overall, imports, however, faced a dramatic setback.

Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.15.32.32.2180.2%
BelgiumN/A8.00.61.1-62.9%
France7.9N/AN/AN/A0%
Others8.2N/AN/AN/A0%
Total16.213.32.93.3-41.2%

Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Luxembourg in 2022:

  1. Germany (117.0 kg)
  2. Belgium (76.0 kg)

Source: IndexBox Market Intelligence Platform

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