Price for Iron Ore and Concentrate, Non-Agglomerated in Iran - 2021
Contents:
- Price for Iron Ore and Concentrate, Non-Agglomerated in Iran (FOB) - 2022
- Exports of Iron Ore and Concentrate, Non-Agglomerated in Iran
Price for Iron Ore and Concentrate, Non-Agglomerated in Iran (FOB) - 2022
In 2022, the average export price for iron ores and concentrates, non-agglomerated amounted to $124 per ton, growing by 50% against the previous year. Over the period under review, the export price recorded a noticeable expansion. The pace of growth appeared the most rapid in 2021 an increase of 72%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +5.0% per year.
Exports of Iron Ore and Concentrate, Non-Agglomerated in Iran
In 2022, approx. 453K tons of iron ores and concentrates, non-agglomerated were exported from Iran; dropping by -74.2% compared with 2021 figures. In general, exports continue to indicate a sharp reduction. The smallest decline of -19.5% was in 2021.
In value terms, iron ore and concentrate, non-agglomerated exports declined markedly to $56M in 2022. Overall, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 39% against the previous year.
| Export of Iron Ore and Concentrate, Non-Agglomerated in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 577 | 104 | 145 | 56.1 | -54.0% |
| Others | 1.1 | 0.1 | 0.2 | 0.1 | -55.0% |
| Total | 578 | 105 | 145 | 56.2 | -54.0% |
Top Export Markets for Iron Ore and Concentrate, Non-Agglomerated from Iran in 2022:
- China (451.3K tons)
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