Price for Powders of Pig Iron in Denmark - 2023

Contents:

  1. Price for Powders of Pig Iron in Denmark (CIF) - 2022
  2. Price for Powders of Pig Iron in Denmark (FOB) - 2022
  3. Imports of Powders of Pig Iron in Denmark
  4. Exports of Powders of Pig Iron in Denmark

Price for Powders of Pig Iron in Denmark (CIF) - 2022

In 2022, the average powders of pig iron import price amounted to $30,903 per ton, increasing by 112% against the previous year. Over the period under review, the import price posted a significant increase. 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 Germany ($52,873 per ton), while the price for Sweden ($6,382 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Powders of Pig Iron in Denmark (FOB) - 2022

In 2022, the average powders of pig iron export price amounted to $1,840 per ton, growing by 672% against the previous year. Overall, the export price saw a strong expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 1,979% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($44,276 per ton), while the average price for exports to the United States ($144 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 United Arab Emirates (+17,469.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Powders of Pig Iron in Denmark

In 2022, imports of powders of pig ira into Denmark dropped remarkably to 565 tons, declining by -33.2% compared with the previous year's figure. Over the period under review, imports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 50%.

In value terms, powders of pig iron imports soared to $17M in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 85%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Powders of Pig Iron in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.65.710.015.640.7%
Sweden1.30.71.51.42.5%
SpainN/AN/AN/A0.20%
Netherlands0.20.10.10.1-20.6%
United KingdomN/A0.10.10.10.0%
Czech Republic0.2N/A0.3N/A22.5%
Others0.2N/A0.2N/A0.0%
Total7.66.712.317.532.1%

Top Suppliers of Powders of Pig Iron to Denmark in 2022:

  1. Germany (295.2 tons)
  2. Sweden (226.0 tons)
  3. Spain (17.3 tons)
  4. United Kingdom (13.5 tons)
  5. Netherlands (12.4 tons)

Exports of Powders of Pig Iron in Denmark

In 2022, shipments abroad of powders of pig ira decreased by -79% to 906 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 23,875% against the previous year. As a result, the exports reached the peak of 4.3K tons, and then dropped markedly in the following year.

In value terms, powders of pig iron exports surged to $1.7M in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 4,383% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Powders of Pig Iron in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/A37057856.2%
IsraelN/A22.5438486364.8%
United Arab EmiratesN/AN/A39.4207425.4%
SerbiaN/AN/A5.01773440.0%
United StatesN/AN/A2.057.12755.0%
SwitzerlandN/AN/A166N/A0%
Others5.20.48.1162214.7%
Total5.222.91,0281,666584.3%

Top Export Markets for Powders of Pig Iron from Denmark in 2022:

  1. United States (395.9 tons)
  2. Israel (213.8 tons)
  3. Japan (181.4 tons)
  4. Serbia (77.7 tons)
  5. United Arab Emirates (4.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Iron or steel, pig iron, spiegeleisen; powders (excluding alloy steel) - Denmark