Price for Iron Oxides and Hydroxides in Slovenia - 2023
Contents:
- Price for Iron Oxides and Hydroxides in Slovenia (CIF) - 2022
- Price for Iron Oxides and Hydroxides in Slovenia (FOB) - 2022
- Imports of Iron Oxides and Hydroxides in Slovenia
- Exports of Iron Oxides and Hydroxides in Slovenia
Price for Iron Oxides and Hydroxides in Slovenia (CIF) - 2022
In 2022, the average iron oxides and hydroxides import price amounted to $2,724 per ton, jumping by 42% against the previous year. In general, import price indicated a notable expansion 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 import price increased by +68.3% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,275 per ton), while the price for Spain ($642 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron Oxides and Hydroxides in Slovenia (FOB) - 2022
The average iron oxides and hydroxides export price stood at $2,718 per ton in 2022, jumping by 24% against the previous year. In general, the export price continues to indicate prominent growth. The growth pace was the most rapid in 2015 an increase of 50% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($8,057 per ton), while the average price for exports to Serbia ($1,538 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 the Czech Republic (+33.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron Oxides and Hydroxides in Slovenia
In 2022, supplies from abroad of iron oxides and hydroxideses decreased by -32.1% to 1.5K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of 2.2K tons, and then dropped dramatically in the following year.
In value terms, iron oxides and hydroxides imports declined to $4M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. As a result, imports reached the peak of $4.2M, and then dropped modestly in the following year.
| Import of Iron Oxides and Hydroxides in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,053 | 2,514 | 3,457 | 3,520 | 19.7% |
| Austria | 112 | 147 | 191 | 193 | 19.9% |
| Italy | 286 | 110 | 190 | 153 | -18.8% |
| Czech Republic | 20.8 | 38.0 | 31.2 | 46.4 | 30.7% |
| Spain | 29.1 | 21.9 | 47.6 | 24.8 | -5.2% |
| Others | 224 | 310 | 240 | 73.7 | -31.0% |
| Total | 2,725 | 3,141 | 4,156 | 4,011 | 13.8% |
Top Suppliers of Iron Oxides and Hydroxides to Slovenia in 2022:
- Germany (1074.8 tons)
- Austria (206.4 tons)
- Italy (103.9 tons)
- Spain (38.6 tons)
- Czech Republic (31.5 tons)
Exports of Iron Oxides and Hydroxides in Slovenia
After three years of growth, overseas shipments of iron oxides and hydroxideses decreased by -38.2% to 237 tons in 2022. Over the period under review, total exports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +2.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 54% against the previous year. As a result, the exports attained the peak of 383 tons, and then dropped sharply in the following year.
In value terms, iron oxides and hydroxides exports plummeted to $644K in 2022. In general, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by 84% against the previous year. As a result, the exports reached the peak of $838K, and then declined sharply in the following year.
| Export of Iron Oxides and Hydroxides in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 72.4 | 199 | 179 | 57.2% |
| Serbia | 253 | 148 | 181 | 115 | -23.1% |
| Bosnia and Herzegovina | 79.3 | 75.8 | 90.2 | 107 | 10.5% |
| Montenegro | 6.3 | N/A | N/A | 90.0 | 142.6% |
| Croatia | 13.6 | 60.4 | 45.5 | 49.7 | 54.0% |
| Czech Republic | N/A | 2.6 | 44.9 | 40.9 | 296.6% |
| Kosovo | N/A | 47.3 | 126 | 35.3 | -13.6% |
| Switzerland | 41.3 | 1.3 | 3.0 | N/A | -73.0% |
| Italy | 7.0 | 15.3 | 103 | N/A | 283.6% |
| Others | 13.2 | 31.1 | 46.1 | 27.4 | 27.6% |
| Total | 414 | 455 | 838 | 644 | 15.9% |
Top Export Markets for Iron Oxides and Hydroxides from Slovenia in 2022:
- Serbia (74.5 tons)
- Montenegro (50.0 tons)
- Bosnia and Herzegovina (37.9 tons)
- Germany (22.2 tons)
- Croatia (16.9 tons)
- Czech Republic (13.3 tons)
- Kosovo (13.2 tons)
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