Price for Iron Ore and Concentrate, Non-Agglomerated in Denmark - 2023
Contents:
- Price for Iron Ore and Concentrate, Non-Agglomerated in Denmark (CIF) - 2022
- Imports of Iron Ore and Concentrate, Non-Agglomerated in Denmark
Price for Iron Ore and Concentrate, Non-Agglomerated in Denmark (CIF) - 2022
In 2022, the average import price for iron ores and concentrates, non-agglomerated amounted to $540 per ton, rising by 11% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron ore and concentrate, non-agglomerated import price increased by +37.3% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of 37% against the previous year. The import price peaked at $636 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($1,423 per ton), while the price for the Netherlands ($268 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+13.6%), while the prices for the other major suppliers experienced a decline.
Imports of Iron Ore and Concentrate, Non-Agglomerated in Denmark
In 2022, purchases abroad of iron ores and concentrates, non-agglomerated was finally on the rise to reach 3.7K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, iron ore and concentrate, non-agglomerated imports skyrocketed to $2M in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron Ore and Concentrate, Non-Agglomerated in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1,059 | 1,011 | 837 | 1,890 | 21.3% |
| Netherlands | 4.8 | N/A | N/A | 56.9 | 128.0% |
| Others | 59.1 | 14.0 | 4.5 | 39.4 | -12.6% |
| Total | 1,122 | 1,025 | 841 | 1,986 | 21.0% |
Top Suppliers of Iron Ore and Concentrate, Non-Agglomerated to Denmark in 2022:
- Sweden (3.4K tons)
- Netherlands (0.2K tons)
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