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

Contents:

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

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

In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $3,164 per ton, with a decrease of -8.8% against the previous year. Overall, the import price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2016 an increase of 425% against the previous year. The import price peaked at $5,309 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($4,595 per ton), while the price for the Netherlands ($2,483 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $12,636 per ton in 2022, growing by 13% against the previous year. Over the period under review, the export price showed a resilient expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 123%. The export price peaked at $17,375 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($18,200 per ton), while the average price for exports to Germany ($9,714 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 Belgium (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses was finally on the rise to reach 8.6 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a significant decrease.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses skyrocketed to $27K in 2022. In general, imports, however, showed a sharp decrease.

Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands14.111.00.315.02.1%
Italy1441.85.910.9-57.7%
Croatia66.40.40.8N/A-89.0%
Sweden25214.70.1N/A-98.0%
Slovenia3668.10.1N/A-98.3%
Others23.33.53.71.4-60.8%
Total86639.410.827.3-68.4%

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

  1. Netherlands (6.0 tons)
  2. Italy (2.4 tons)

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

For the third consecutive year, Romania recorded decline in overseas shipments of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses, which decreased by -92.5% to 77 kg in 2022. Over the period under review, exports faced a sharp slump. The smallest decline of -18.7% was in 2021.

In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses dropped remarkably to $973 in 2022. Overall, exports saw a dramatic descent. The smallest decline of -2.8% was in 2020.

Export of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.5N/A1.70.711.9%
France14.618.36.90.2-76.1%
Germany4.20.52.10.1-71.2%
Croatia0.8N/AN/AN/A0%
HungaryN/A0.10.1N/A0.0%
OthersN/A0.50.7N/A40.0%
Total20.119.511.41.0-63.2%

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

  1. Italy (58.0 kg)
  2. France (10.0 kg)
  3. Germany (7.0 kg)

Source: IndexBox Market Intelligence Platform

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