Price for Iron Ore and Concentrate, Non-Agglomerated in Tunisia - 2022

Contents:

1. Price for Iron Ore and Concentrate, Non-Agglomerated in Tunisia (CIF) - 2022
2. Price for Iron Ore and Concentrate, Non-Agglomerated in Tunisia (FOB) - 2022
3. Imports of Iron Ore and Concentrate, Non-Agglomerated in Tunisia
4. Exports of Iron Ore and Concentrate, Non-Agglomerated in Tunisia

Price for Iron Ore and Concentrate, Non-Agglomerated in Tunisia (CIF) - 2022

The average import price for iron ores and concentrates, non-agglomerated stood at $26 per ton in 2022, reducing by -1.7% against the previous year. In general, the import price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 6.3%. Over the period under review, average import prices attained the peak figure at $37 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -5.1% per year.

Price for Iron Ore and Concentrate, Non-Agglomerated in Tunisia (FOB) - 2022

In 2022, the average export price for iron ores and concentrates, non-agglomerated amounted to $1,132 per ton, surging by 5.6% against the previous year. Overall, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of 270% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($2,883 per ton), while the average price for exports to the Netherlands ($541 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+30.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Ore and Concentrate, Non-Agglomerated in Tunisia

In 2022, imports of iron ores and concentrates, non-agglomerated into Tunisia expanded modestly to 11K tons, surging by 2.3% on 2021. In general, imports, however, faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 329% against the previous year.

In value terms, iron ore and concentrate, non-agglomerated imports totaled $288K in 2022. Over the period under review, imports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 329%.

Top Suppliers of Iron Ore and Concentrate, Non-Agglomerated to Tunisia in 2022:

1. Spain (10.9K tons)

Exports of Iron Ore and Concentrate, Non-Agglomerated in Tunisia

For the third consecutive year, Tunisia recorded decline in shipments abroad of iron ores and concentrates, non-agglomerated, which decreased by -1.4% to 12 tons in 2022. Overall, exports showed a mild decline. The smallest decline of -1.4% was in 2020.

In value terms, iron ore and concentrate, non-agglomerated exports expanded slightly to $14K in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 4.1% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Iron Ore and Concentrate, Non-Agglomerated from Tunisia in 2022:

1. Germany (6.6 tons)
2. France (5.4 tons)
3. Italy (0.3 tons)

Source: IndexBox Market Intelligence Platform