Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Serbia - 2023
Contents:
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Serbia (CIF) - 2023
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Serbia (FOB) - 2022
- Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Serbia
- Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Serbia
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Serbia (CIF) - 2023
The average import price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) stood at $153 per ton in November 2023, which is down by -3.3% against the previous month. In general, the import price recorded a mild slump. The growth pace was the most rapid in April 2023 an increase of 8.7% m-o-m. The import price peaked at $193 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was Ukraine ($167 per ton), while the price for South Africa totaled $133 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.5%), while the prices for the other major suppliers experienced a decline.
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Serbia (FOB) - 2022
The average export price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) stood at $113 per ton in 2022, waning by -74.8% against the previous year. Overall, the export price continues to indicate a deep reduction. The growth pace was the most rapid in 2020 when the average export price increased by 878% against the previous year. As a result, the export price attained the peak level of $495 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Slovakia.
From 2012 to 2022, the rate of growth in terms of prices for Slovakia amounted to -16.0% per year.
Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Serbia
In 2022, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) into Serbia skyrocketed to 929K tons, growing by 22% compared with the previous year's figure. Overall, imports, however, faced a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 40% against the previous year.
In value terms, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) expanded modestly to $183M in 2022. In general, imports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 141%.
| Import of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 163 | 32.1 | 52.0 | 72.8 | -23.6% |
| Russia | 42.9 | 16.8 | 73.9 | 43.4 | 0.4% |
| South Africa | 39.7 | 14.5 | 41.1 | 35.0 | -4.1% |
| China | N/A | N/A | N/A | 16.3 | 0% |
| United States | 7.4 | 7.1 | 7.6 | 8.2 | 3.5% |
| Australia | N/A | N/A | N/A | 5.9 | 0% |
| Brazil | 10.5 | N/A | N/A | N/A | 0% |
| Others | 2.5 | 3.5 | 3.7 | 1.5 | -15.7% |
| Total | 266 | 73.9 | 178 | 183 | -11.7% |
Top Suppliers of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) to Serbia in 2022:
- Ukraine (361.2K tons)
- South Africa (225.5K tons)
- Russia (208.0K tons)
- China (46.0K tons)
- United States (40.8K tons)
- Australia (39.4K tons)
Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Serbia
In 2022, the amount of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) exported from Serbia surged to 14 tons, increasing by 301% on 2021. Over the period under review, exports, however, showed a dramatic curtailment.
In value terms, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) stood at $1.6K in 2022. Overall, exports, however, showed a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 181%.
| Export of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 11.4 | N/A | N/A | 0.3 | -70.3% |
| Others | N/A | 0.5 | 1.5 | 1.2 | 54.9% |
| Total | 11.4 | 0.6 | 1.6 | 1.6 | -48.0% |
Top Export Markets for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) from Serbia in 2022:
- Slovakia (13.8 tons)
139
This report provides an in-depth analysis of the iron ore market in Serbia.
71
This report provides an in-depth analysis of the roasted iron pyrites market in Serbia.
2195
This report provides an in-depth analysis of the global iron ore market.
1249
This report provides an in-depth analysis of the global iron ore market.
600
This report provides an in-depth analysis of the global roasted iron pyrites market.
139
This report provides an in-depth analysis of the iron ore market in Serbia.
71
This report provides an in-depth analysis of the roasted iron pyrites market in Serbia.
2195
This report provides an in-depth analysis of the global iron ore market.
1249
This report provides an in-depth analysis of the global iron ore market.
600
This report provides an in-depth analysis of the global roasted iron pyrites market.
630
Explore the top import markets for iron ore, including China, Japan, South Korea, and more. Learn about the key statistics and import values of these countries. Discover valuable insights using the IndexBox market intelligence platform.
764
Iron ore prices are forecast to drop by 20% y/y to $130 per ton in 2022 due to rising global production.
1034
In value terms, ores and concentrates; n.e.c. in heading no. X imports totaled $X in 2016. In general, ores and concentrates; n.e.c. in heading no. X imports continue to indicate a remarkable...
976
In value terms, ferrous products imports stood at $X in 2016. Overall, ferrous products imports continue to indicate a slight reduction. Over the period under review, global ferrous products import...
1180
In value terms, ferrous products exports stood at $X in 2016. Overall, ferrous products exports continue to indicate a abrupt deduction. Over the period under review, global ferrous products export...
1338
Global iron ore imports stood at X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 ...
1384
Global iron ore imports stood at X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 ...
630
Explore the top import markets for iron ore, including China, Japan, South Korea, and more. Learn about the key statistics and import values of these countries. Discover valuable insights using the IndexBox market intelligence platform.
764
Iron ore prices are forecast to drop by 20% y/y to $130 per ton in 2022 due to rising global production.
