Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Germany - 2023
Contents:
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Germany (CIF) - 2022
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Germany (FOB) - 2023
- Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Germany
- Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Germany
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Germany (CIF) - 2022
The average import price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) stood at $180 per ton in 2022, with a decrease of -12.3% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 60%. As a result, import price reached the peak level of $205 per ton, and then reduced in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Ukraine ($204 per ton) and Canada ($194 per ton), while the price for South Africa ($147 per ton) and Russia ($156 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Germany (FOB) - 2023
The average export price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) stood at $170 per ton in August 2023, picking up by 59% against the previous month. In general, the export price, however, showed a pronounced reduction. The growth pace was the most rapid in April 2023 when the average export price increased by 310% against the previous month. As a result, the export price reached the peak level of $842 per ton. From May 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Austria.
From August 2022 to August 2023, the rate of growth in terms of prices for Austria amounted to -2.2% per month.
Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Germany
In 2022, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) into Germany plummeted to 9.8M tons, falling by -26.5% compared with 2021 figures. In general, imports continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 27% against the previous year. As a result, imports reached the peak of 13M tons, and then plummeted in the following year.
In value terms, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) contracted sharply to $1.8B in 2022. Over the period under review, imports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 103% against the previous year. As a result, imports attained the peak of $2.7B, and then dropped remarkably in the following year.
Import of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | 453 | 1,049 | 657 | 20.4% |
Canada | 461 | 396 | 720 | 544 | 5.7% |
Sweden | 283 | 193 | 274 | 284 | 0.1% |
Brazil | 351 | 33.5 | 59.2 | 95.1 | -35.3% |
United States | N/A | N/A | 32.4 | 58.7 | 81.2% |
South Africa | 15.5 | 11.4 | 109 | 44.8 | 42.4% |
Russia | 201 | 231 | 438 | 39.0 | -42.1% |
Ukraine | 151 | 29.4 | 40.3 | N/A | -48.3% |
Others | 12.9 | 3.8 | 15.8 | 42.9 | 49.3% |
Total | 1,475 | 1,351 | 2,739 | 1,765 | 6.2% |
Top Suppliers of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) to Germany in 2022:
- Netherlands (3.6M tons)
- Canada (2.8M tons)
- Sweden (1.8M tons)
- Brazil (0.5M tons)
- South Africa (0.3M tons)
- United States (0.3M tons)
- Russia (0.3M tons)
Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Germany
After three years of growth, overseas shipments of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) decreased by -15.1% to 1.2M tons in 2022. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 69%. As a result, the exports attained the peak of 1.4M tons, and then dropped markedly in the following year.
In value terms, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) fell sharply to $230M in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 162%. As a result, the exports attained the peak of $297M, and then dropped sharply in the following year.
Export of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 70.8 | 113 | 297 | 230 | 48.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 70.8 | 113 | 297 | 230 | 48.1% |
Top Export Markets for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) from Germany in 2022:
- Austria (1222.5K tons)
This report provides an in-depth analysis of the iron ore market in Germany.
This report provides an in-depth analysis of the iron ore market in Germany.
This report provides an in-depth analysis of the roasted iron pyrites market in Germany.
This report provides an in-depth analysis of the global iron ore market.
This report provides an in-depth analysis of the global iron ore market.
This report provides an in-depth analysis of the global roasted iron pyrites market.
This report provides an in-depth analysis of the iron ore market in Germany.
This report provides an in-depth analysis of the iron ore market in Germany.
This report provides an in-depth analysis of the roasted iron pyrites market in Germany.
This report provides an in-depth analysis of the global iron ore market.
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