Price for Iron Oxides and Hydroxides in the Czech Republic - 2023
Contents:
- Price for Iron Oxides and Hydroxides in the Czech Republic (FOB) - 2022
- Price for Iron Oxides and Hydroxides in the Czech Republic (CIF) - 2022
- Exports of Iron Oxides and Hydroxides in the Czech Republic
- Imports of Iron Oxides and Hydroxides in the Czech Republic
Price for Iron Oxides and Hydroxides in the Czech Republic (FOB) - 2022
In 2022, the average iron oxides and hydroxides export price amounted to $1,389 per ton, growing by 57% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.7% 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 +80.7% against 2019 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 United States ($1,779 per ton), while the average price for exports to Russia ($1,015 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 UK (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron Oxides and Hydroxides in the Czech Republic (CIF) - 2022
The average iron oxides and hydroxides import price stood at $1,294 per ton in 2022, picking up by 30% against the previous year. Over the period under review, the import price enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2020 an increase of 62%. The import price peaked at $1,726 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 France ($4,575 per ton), while the price for Sweden ($154 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron Oxides and Hydroxides in the Czech Republic
Iron oxides and hydroxides exports from the Czech Republic reduced rapidly to 8.2K tons in 2022, waning by -34.3% on the previous year's figure. Over the period under review, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 12%.
In value terms, iron oxides and hydroxides exports rose modestly to $11M in 2022. The total export value increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 20%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Iron Oxides and Hydroxides in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,051 | 1,314 | 1,323 | 2,214 | 28.2% |
| Poland | 739 | 859 | 1,061 | 1,685 | 31.6% |
| France | 650 | 582 | 833 | 1,615 | 35.4% |
| Germany | 329 | 696 | 787 | 1,309 | 58.5% |
| Hungary | 224 | 188 | 450 | 777 | 51.4% |
| Russia | 4,639 | 3,619 | 4,591 | 703 | -46.7% |
| Italy | 395 | 401 | 330 | 582 | 13.8% |
| Lithuania | 220 | 39.8 | 93.8 | 452 | 27.1% |
| Slovakia | 166 | 192 | 234 | 300 | 21.8% |
| United States | 41.6 | 29.5 | 85.9 | 274 | 87.5% |
| Georgia | 32.9 | 18.7 | 55.6 | 237 | 93.1% |
| United Kingdom | 221 | 162 | 120 | 234 | 1.9% |
| Belarus | 303 | 250 | 248 | 47.0 | -46.3% |
| Others | 889 | 856 | 832 | 997 | 3.9% |
| Total | 9,901 | 9,207 | 11,045 | 11,424 | 4.9% |
Top Export Markets for Iron Oxides and Hydroxides from the Czech Republic in 2022:
- Netherlands (1599.6 tons)
- Poland (1151.3 tons)
- France (1096.1 tons)
- Germany (922.7 tons)
- Russia (692.2 tons)
- Hungary (558.1 tons)
- Italy (461.1 tons)
- Lithuania (310.9 tons)
- Slovakia (210.2 tons)
- Georgia (182.0 tons)
- United Kingdom (176.0 tons)
- United States (153.8 tons)
- Belarus (35.0 tons)
Imports of Iron Oxides and Hydroxides in the Czech Republic
In 2022, approx. 8K tons of iron oxides and hydroxideses were imported into the Czech Republic; approximately equating the previous year. In general, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 7.6%.
In value terms, iron oxides and hydroxides imports soared to $10M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.2% 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 +56.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iron Oxides and Hydroxides in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,983 | 2,694 | 3,013 | 2,991 | 14.7% |
| France | 1,306 | 1,428 | 1,812 | 2,292 | 20.6% |
| Austria | 17.3 | 57.7 | 152 | 2,080 | 393.6% |
| China | 770 | 403 | 904 | 1,038 | 10.5% |
| Poland | 353 | 292 | 477 | 602 | 19.5% |
| Italy | 404 | 393 | 464 | 373 | -2.6% |
| Sweden | 461 | 425 | 478 | 340 | -9.7% |
| Canada | 827 | N/A | 0.4 | N/A | -97.8% |
| Others | 484 | 993 | 565 | 642 | 9.9% |
| Total | 6,605 | 6,686 | 7,866 | 10,357 | 16.2% |
Top Suppliers of Iron Oxides and Hydroxides to the Czech Republic in 2022:
- Germany (2.4K tons)
- Sweden (2.2K tons)
- Austria (1.1K tons)
- Poland (0.7K tons)
- China (0.7K tons)
- France (0.5K tons)
- Italy (0.2K tons)
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