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

Contents:

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

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

In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $1,500 per ton, with an increase of 15% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 604%. As a result, import price attained the peak level of $27,450 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($23,965 per ton), while the price for the UK ($1,454 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+199.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $1,245 per ton, with an increase of 85% against the previous year. In general, the export price, however, saw a abrupt downturn. The export price peaked at $4,667 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2013 to 2022, the rate of growth in terms of prices for Sweden amounted to -13.7% per year.

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

In 2022, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses into Norway contracted remarkably to 361 tons, which is down by -25.3% compared with the previous year. Overall, imports continue to indicate a dramatic decrease. The smallest decline of -20.5% was in 2020.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses reduced to $541K in 2022. In general, imports faced a abrupt slump. The smallest decline of -7.9% was in 2020.

Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/AN/A150356137.3%
United Kingdom841847474172-41.1%
France71.9N/AN/A3.4-63.8%
Others8.62.15.79.43.0%
Total922849629541-16.3%

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

  1. Slovenia (240.2 tons)
  2. United Kingdom (118.3 tons)
  3. France (0.1 tons)

Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Norway

In 2022, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses from Norway skyrocketed to 64 tons, with an increase of 99.9% on 2021 figures. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 2,558%. As a result, the exports attained the peak of 1.7K 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 skyrocketed to $80K in 2022. Over the period under review, exports recorded a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 1,511%. As a result, the exports reached the peak of $763K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden47.476321.679.718.9%
OthersN/AN/AN/AN/A0%
Total47.476321.679.718.9%

Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Norway in 2022:

  1. Sweden (64.0 tons)

Source: IndexBox Market Intelligence Platform

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