Price for Iron Ore and Concentrate, Non-Agglomerated in Paraguay - 2022
Contents:
- Price for Iron Ore and Concentrate, Non-Agglomerated in Paraguay (CIF) - 2022
- Imports of Iron Ore and Concentrate, Non-Agglomerated in Paraguay
Price for Iron Ore and Concentrate, Non-Agglomerated in Paraguay (CIF) - 2022
In 2022, the average import price for iron ores and concentrates, non-agglomerated amounted to $30 per ton, jumping by 39% against the previous year. Overall, the import price, however, continues to indicate a deep slump. Over the period under review, average import prices hit record highs at $94 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($35 per ton), while the price for Bolivia stood at $22 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-9.0%).
Imports of Iron Ore and Concentrate, Non-Agglomerated in Paraguay
In 2022, overseas purchases of iron ores and concentrates, non-agglomerated increased by 60% to 13K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a significant contraction.
In value terms, iron ore and concentrate, non-agglomerated imports skyrocketed to $375K in 2022. Overall, imports, however, showed a precipitous shrinkage.
Import of Iron Ore and Concentrate, Non-Agglomerated in Paraguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 1,678 | 448 | 143 | 270 | -45.6% |
Bolivia | 69.4 | 62.7 | 25.1 | 105 | 14.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1,747 | 511 | 168 | 375 | -40.1% |
Top Suppliers of Iron Ore and Concentrate, Non-Agglomerated to Paraguay in 2022:
- Brazil (7.7K tons)
- Bolivia (4.8K tons)
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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.