Price for Iron Oxides and Hydroxides in Croatia - 2023
Contents:
- Price for Iron Oxides and Hydroxides in Croatia (CIF) - 2022
- Price for Iron Oxides and Hydroxides in Croatia (FOB) - 2022
- Imports of Iron Oxides and Hydroxides in Croatia
- Exports of Iron Oxides and Hydroxides in Croatia
Price for Iron Oxides and Hydroxides in Croatia (CIF) - 2022
In 2022, the average iron oxides and hydroxides import price amounted to $1,447 per ton, surging by 17% against the previous year. Over the period under review, the import price saw mild growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 153% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,311 per ton), while the price for the Netherlands ($459 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron Oxides and Hydroxides in Croatia (FOB) - 2022
In 2022, the average iron oxides and hydroxides export price amounted to $2,084 per ton, approximately mirroring the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% 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 +49.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 48%. The export price peaked at $2,272 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($2,453 per ton), while the average price for exports to Serbia amounted to $2,049 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron Oxides and Hydroxides in Croatia
In 2022, after three years of growth, there was significant decline in purchases abroad of iron oxides and hydroxideses, when their volume decreased by -11.1% to 709 tons. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.1% 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 +56.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 42%. As a result, imports attained the peak of 798 tons, and then fell in the following year.
In value terms, iron oxides and hydroxides imports reached $1M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Iron Oxides and Hydroxides in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.6 | 77.5 | 399 | 475 | 567.1% |
| Italy | 7.7 | 26.6 | 143 | 156 | 172.6% |
| Netherlands | 41.6 | 18.6 | 54.9 | 104 | 35.7% |
| Austria | 43.5 | 204 | 129 | 63.6 | 13.5% |
| Slovenia | 61.9 | 61.0 | 62.1 | 56.3 | -3.1% |
| Czech Republic | 59.9 | 50.5 | 69.0 | 47.1 | -7.7% |
| Spain | 24.5 | 25.4 | 42.2 | 20.9 | -5.2% |
| Denmark | 53.4 | 48.6 | 60.6 | 6.8 | -49.7% |
| Others | 156 | 119 | 30.8 | 96.9 | -14.7% |
| Total | 451 | 631 | 991 | 1,027 | 31.6% |
Top Suppliers of Iron Oxides and Hydroxides to Croatia in 2022:
- Netherlands (227.5 tons)
- Germany (205.5 tons)
- Italy (89.0 tons)
- Austria (61.9 tons)
- Czech Republic (44.2 tons)
- Spain (37.9 tons)
- Slovenia (25.2 tons)
- Denmark (6.6 tons)
Exports of Iron Oxides and Hydroxides in Croatia
In 2022, the amount of iron oxides and hydroxideses exported from Croatia skyrocketed to 47 tons, rising by 57% compared with the year before. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.0% 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 +77.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 72%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, iron oxides and hydroxides exports skyrocketed to $98K in 2022. In general, exports recorded a significant increase. 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 Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 2.2 | 10.1 | 34.7 | 89.9 | 244.4% |
| Bosnia and Herzegovina | 40.7 | 37.7 | 19.6 | 7.6 | -42.8% |
| France | N/A | 15.6 | N/A | N/A | 0% |
| Others | N/A | N/A | 7.4 | 0.4 | -94.6% |
| Total | 42.9 | 63.5 | 61.7 | 97.9 | 31.7% |
Top Export Markets for Iron Oxides and Hydroxides from Croatia in 2022:
- Serbia (43.9 tons)
- Bosnia and Herzegovina (3.1 tons)
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