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

Contents:

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

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

The average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $888 per ton in 2022, dropping by -29.8% against the previous year. Overall, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2014 when the average import price increased by 157% against the previous year. As a result, import price reached the peak level of $4,884 per ton. From 2015 to 2022, the average 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 Belgium ($12,051 per ton), while the price for Portugal ($433 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+18.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $6,623 per ton, increasing by 3.5% against the previous year. In general, the export price continues to indicate a buoyant increase. The growth pace was the most rapid in 2019 an increase of 79%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($17,188 per ton), while the average price for exports to Singapore ($544 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 Jamaica (+18.5%), 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 Spain

In 2022, the amount of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses imported into Spain skyrocketed to 27K tons, rising by 200% compared with 2021 figures. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 236%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses soared to $24M in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 128% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. France (20.1K tons)
2. Germany (6.1K tons)
3. Portugal (0.8K tons)

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

In 2022, approx. 148 tons of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses were exported from Spain; with a decrease of -82.3% on the previous year's figure. Over the period under review, exports showed a sharp curtailment. The smallest decline of -8.1% was in 2020.

In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses declined significantly to $983K in 2022. In general, exports showed a precipitous decrease. The smallest decline of -13.5% was in 2020.

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

1. Portugal (53.6 tons)
2. Slovenia (33.7 tons)
3. France (18.7 tons)
4. Italy (9.6 tons)
5. Singapore (7.3 tons)
6. Sweden (4.7 tons)
7. Austria (4.0 tons)
8. Poland (3.5 tons)
9. Romania (2.2 tons)
10. Belgium (0.6 tons)
11. Switzerland (0.2 tons)

Source: IndexBox Market Intelligence Platform