Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Uruguay - 2022
Contents:
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Uruguay (FOB) - 2022
- Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Uruguay
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Uruguay (FOB) - 2022
In 2022, the average export price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $187 per ton, flattening at the previous year. Overall, the export price saw a slight slump. The pace of growth was the most pronounced in 2018 an increase of 811%. The export price peaked at $1,304 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to -2.0% per year.
Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Uruguay
For the fourth year in a row, Uruguay recorded growth in overseas shipments of iron ores and concentrates, agglomerated (excluding roasted iron pyrites), which increased by 62% to 11 tons in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 408% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) skyrocketed to $2.1K in 2022. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Uruguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 0.8 | 1.0 | 1.3 | 2.0 | 35.7% |
Others | N/A | N/A | N/A | 0.1 | 0% |
Total | 0.8 | 1.0 | 1.3 | 2.1 | 37.9% |
Top Export Markets for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) from Uruguay in 2022:
- South Korea (11.2 tons)
This report provides an in-depth analysis of the iron ore market in Uruguay.
This report provides an in-depth analysis of the iron ore market in Uruguay.
This report provides an in-depth analysis of the roasted iron pyrites market in Uruguay.
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 Uruguay.
This report provides an in-depth analysis of the iron ore market in Uruguay.
This report provides an in-depth analysis of the roasted iron pyrites market in Uruguay.
This report provides an in-depth analysis of the global iron ore market.
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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.
Iron ore prices are forecast to drop by 20% y/y to $130 per ton in 2022 due to rising global production.