Price for Iron Oxides and Hydroxides in the Netherlands - 2023
Contents:
- Price for Iron Oxides and Hydroxides in the Netherlands (CIF) - 2023
- Price for Iron Oxides and Hydroxides in the Netherlands (FOB) - 2023
- Imports of Iron Oxides and Hydroxides in the Netherlands
- Exports of Iron Oxides and Hydroxides in the Netherlands
Price for Iron Oxides and Hydroxides in the Netherlands (CIF) - 2023
The average iron oxides and hydroxides import price stood at $1,257 per ton in August 2023, with an increase of 84% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $1,609 per ton in November 2022; however, from December 2022 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($2,439 per ton), while the price for Morocco ($496 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron Oxides and Hydroxides in the Netherlands (FOB) - 2023
The average iron oxides and hydroxides export price stood at $2,450 per ton in August 2023, growing by 9.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.0%. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 35% against the previous month. The export price peaked in August 2023.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Belgium ($8,042 per ton), while the average price for exports to the UK ($1,193 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron Oxides and Hydroxides in the Netherlands
In 2022, approx. 46K tons of iron oxides and hydroxideses were imported into the Netherlands; increasing by 44% against the year before. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 72%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, iron oxides and hydroxides imports skyrocketed to $53M in 2022. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 58% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Iron Oxides and Hydroxides in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.4 | 8.4 | 12.7 | 16.1 | 24.2% |
| China | N/A | 6.2 | 6.9 | 12.6 | 42.6% |
| Belgium | 5.6 | 6.8 | 8.4 | 8.0 | 12.6% |
| Italy | 1.6 | 1.7 | 4.4 | 3.1 | 24.7% |
| Norway | N/A | 2.1 | 3.0 | 3.1 | 21.5% |
| France | 1.1 | 1.5 | 2.5 | 2.8 | 36.5% |
| Czech Republic | 0.9 | 1.4 | 2.0 | 2.7 | 44.2% |
| Spain | N/A | 0.1 | 0.1 | 1.0 | 216.2% |
| Others | 1.5 | 2.2 | 2.9 | 3.7 | 35.1% |
| Total | 19.3 | 30.3 | 43.0 | 53.1 | 40.1% |
Top Suppliers of Iron Oxides and Hydroxides to the Netherlands in 2022:
- Germany (15.6K tons)
- China (9.2K tons)
- Belgium (6.2K tons)
- Czech Republic (2.9K tons)
- France (2.7K tons)
- Norway (2.6K tons)
- Spain (1.4K tons)
- Italy (1.3K tons)
Exports of Iron Oxides and Hydroxides in the Netherlands
In 2022, shipments abroad of iron oxides and hydroxideses decreased by -11.4% to 11K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 181%.
In value terms, iron oxides and hydroxides exports expanded remarkably to $22M in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 112% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Iron Oxides and Hydroxides in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.3 | 8.3 | 10.9 | 11.8 | 108.6% |
| Italy | 1.1 | 1.0 | 2.0 | 1.7 | 15.6% |
| Belgium | 0.5 | 0.6 | 1.8 | 1.7 | 50.4% |
| France | 0.4 | 0.4 | 1.4 | 1.1 | 40.1% |
| Poland | 0.9 | 0.5 | 0.9 | 1.0 | 3.6% |
| Spain | 0.2 | 0.3 | 0.6 | 1.0 | 71.0% |
| United Kingdom | 0.4 | 0.2 | 0.5 | 0.9 | 31.0% |
| Denmark | 0.3 | 0.5 | 0.7 | 0.3 | 0.0% |
| Others | 1.3 | 1.9 | 2.5 | 3.0 | 32.1% |
| Total | 6.5 | 13.7 | 21.4 | 22.5 | 51.3% |
Top Export Markets for Iron Oxides and Hydroxides from the Netherlands in 2022:
- Germany (6.0K tons)
- Belgium (0.9K tons)
- Italy (0.7K tons)
- Poland (0.5K tons)
- France (0.4K tons)
- United Kingdom (0.4K tons)
- Spain (0.4K tons)
- Denmark (0.1K tons)
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