Price for Iron or Steel; Cast Articles in Iran - 2021
Contents:
- Price for Iron or Steel; Cast Articles in Iran (FOB) - 2022
- Price for Iron or Steel; Cast Articles in Iran (CIF) - 2022
- Exports of Iron or Steel; Cast Articles in Iran
- Imports of Iron or Steel; Cast Articles in Iran
Price for Iron or Steel; Cast Articles in Iran (FOB) - 2022
In 2022, the average export price for iron or steel; cast articleses amounted to $1,004 per ton, almost unchanged from the previous year. Over the period under review, the export price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 9.9% against the previous year. The export price peaked at $1,438 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($1,164 per ton) and Spain ($1,151 per ton), while the average price for exports to France ($791 per ton) and Turkey ($824 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-0.5%), while the prices for the other major destinations experienced a decline.
Price for Iron or Steel; Cast Articles in Iran (CIF) - 2022
In 2022, the average import price for iron or steel; cast articleses amounted to $5,379 per ton, increasing by 32% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 42%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 Germany ($4,746 per ton), while the price for India ($2,489 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the prices for the other major suppliers experienced a decline.
Exports of Iron or Steel; Cast Articles in Iran
In 2022, approx. 37K tons of iron or steel; cast articleses were exported from Iran; picking up by 12% against 2021 figures. The total export volume increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 32%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, iron or steel; cast articles exports rose markedly to $37M in 2022. The total export value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 24%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Iron or Steel; Cast Articles in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 13.8 | 11.6 | 12.9 | 11.3 | -6.4% |
| Turkey | 0.2 | 0.7 | 1.4 | 4.5 | 182.3% |
| Spain | 0.2 | 0.5 | 1.8 | 2.4 | 128.9% |
| Croatia | 0.3 | 0.5 | 0.5 | 0.8 | 38.7% |
| France | 0.2 | 0.2 | 0.2 | 0.7 | 51.8% |
| Slovenia | 0.1 | 0.2 | 0.3 | 0.6 | 81.7% |
| Serbia | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| Tunisia | 1.2 | N/A | N/A | N/A | 0% |
| Others | 16.1 | 13.4 | 16.5 | 16.6 | 1.0% |
| Total | 32.2 | 27.1 | 33.7 | 37.1 | 4.8% |
Top Export Markets for Iron or Steel; Cast Articles from Iran in 2022:
- Italy (10.9K tons)
- Turkey (5.4K tons)
- Spain (2.0K tons)
- France (0.9K tons)
- Croatia (0.8K tons)
- Slovenia (0.5K tons)
- Serbia (0.4K tons)
Imports of Iron or Steel; Cast Articles in Iran
In 2022, iron or steel; cast articles imports into Iran dropped dramatically to 654 tons, which is down by -33.4% compared with 2021. In general, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 47%. As a result, imports attained the peak of 983 tons, and then dropped remarkably in the following year.
In value terms, iron or steel; cast articles imports fell to $3.5M in 2022. Over the period under review, imports showed a perceptible curtailment. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. As a result, imports attained the peak of $4M, and then fell in the following year.
| Import of Iron or Steel; Cast Articles in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 935 | 295 | 575 | 784 | -5.7% |
| Italy | 139 | 719 | 1,171 | 470 | 50.1% |
| China | 1,258 | 112 | 260 | 364 | -33.9% |
| Turkey | 404 | 467 | 30.2 | 290 | -10.5% |
| Others | 1,235 | 1,116 | 1,982 | 1,612 | 9.3% |
| Total | 3,970 | 2,710 | 4,018 | 3,520 | -3.9% |
Top Suppliers of Iron or Steel; Cast Articles to Iran in 2022:
- Germany (165.3 tons)
- China (139.6 tons)
- Italy (115.8 tons)
- Turkey (82.4 tons)
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