Price for Iron Oxides and Hydroxides in Austria - 2023
Contents:
- Price for Iron Oxides and Hydroxides in Austria (FOB) - 2022
- Price for Iron Oxides and Hydroxides in Austria (CIF) - 2022
- Exports of Iron Oxides and Hydroxides in Austria
- Imports of Iron Oxides and Hydroxides in Austria
Price for Iron Oxides and Hydroxides in Austria (FOB) - 2022
The average iron oxides and hydroxides export price stood at $567 per ton in 2022, surging by 39% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron oxides and hydroxides export price increased by +54.8% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($2,387 per ton), while the average price for exports to Italy ($248 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 Germany (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Iron Oxides and Hydroxides in Austria (CIF) - 2022
In 2022, the average iron oxides and hydroxides import price amounted to $1,945 per ton, increasing by 43% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Italy ($2,403 per ton), while the price for Bulgaria ($692 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Iron Oxides and Hydroxides in Austria
After three years of growth, shipments abroad of iron oxides and hydroxideses decreased by -5.8% to 24K tons in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 6.3%. As a result, the exports reached the peak of 26K tons, and then dropped in the following year.
In value terms, iron oxides and hydroxides exports soared to $14M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Iron Oxides and Hydroxides in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.3 | 3.2 | 3.5 | 2.9 | -4.2% |
| Germany | 1.3 | 1.2 | 2.2 | 2.3 | 20.9% |
| Czech Republic | 0.1 | 0.1 | 0.2 | 2.1 | 175.9% |
| Poland | 1.0 | 1.0 | 1.2 | 1.2 | 6.3% |
| Italy | 1.0 | 0.8 | 0.4 | 1.1 | 3.2% |
| Taiwan (Chinese) | 1.0 | 0.9 | 1.1 | 0.8 | -7.2% |
| India | 0.6 | 0.6 | 0.8 | 0.8 | 10.1% |
| Others | 0.9 | 1.1 | 1.1 | 2.6 | 42.4% |
| Total | 9.3 | 8.9 | 10.5 | 13.8 | 14.1% |
Top Export Markets for Iron Oxides and Hydroxides from Austria in 2022:
- China (7.2K tons)
- Italy (4.3K tons)
- Germany (3.1K tons)
- Poland (2.9K tons)
- India (2.2K tons)
- Taiwan (Chinese) (2.0K tons)
- Czech Republic (0.9K tons)
Imports of Iron Oxides and Hydroxides in Austria
In 2022, approx. 6.2K tons of iron oxides and hydroxideses were imported into Austria; with an increase of 37% against 2021 figures. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, iron oxides and hydroxides imports surged to $12M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron Oxides and Hydroxides in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.4 | 2.7 | 3.9 | 5.0 | 27.7% |
| Belgium | 0.1 | 0.1 | 0.1 | 4.7 | 260.9% |
| Italy | 1.2 | 1.2 | 1.1 | 1.3 | 2.7% |
| China | 0.5 | 0.3 | 0.5 | 0.3 | -15.7% |
| Bulgaria | N/A | N/A | N/A | 0.3 | 0% |
| Spain | 0.1 | 0.3 | 0.2 | 0.2 | 26.0% |
| Czech Republic | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.4 | 0.4 | 0.3 | 0.2 | -20.6% |
| Total | 4.8 | 5.0 | 6.2 | 12.0 | 35.7% |
Top Suppliers of Iron Oxides and Hydroxides to Austria in 2022:
- Germany (2626.6 tons)
- Belgium (2117.3 tons)
- Italy (532.2 tons)
- Bulgaria (473.9 tons)
- Spain (183.8 tons)
- China (142.6 tons)
- Czech Republic (60.9 tons)
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