Price for Powders of Pig Iron in Hong Kong SAR - 2023
Contents:
- Price for Powders of Pig Iron in Hong Kong SAR (FOB) - 2022
- Price for Powders of Pig Iron in Hong Kong SAR (CIF) - 2022
- Exports of Powders of Pig Iron in Hong Kong SAR
- Imports of Powders of Pig Iron in Hong Kong SAR
Price for Powders of Pig Iron in Hong Kong SAR (FOB) - 2022
In 2022, the average powders of pig iron export price amounted to $10,232 per ton, jumping by 51% against the previous year. Over the period under review, the export price saw a perceptible expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.7% per year.
Price for Powders of Pig Iron in Hong Kong SAR (CIF) - 2022
In 2022, the average powders of pig iron import price amounted to $9,535 per ton, with an increase of 6.1% against the previous year. Overall, the import price posted tangible growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 51%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($13,076 per ton), while the price for China ($5,182 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Powders of Pig Iron in Hong Kong SAR
After three years of growth, overseas shipments of powders of pig ira decreased by -55.1% to 830 tons in 2022. In general, exports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 114%. As a result, the exports attained the peak of 1.8K tons, and then contracted sharply in the following year.
In value terms, powders of pig iron exports contracted notably to $8.5M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 137% against the previous year. As a result, the exports reached the peak of $13M, and then declined notably in the following year.
| Export of Powders of Pig Iron in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 5.3 | 12.5 | 8.5 | 41.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.0 | 5.3 | 12.5 | 8.5 | 41.5% |
Top Export Markets for Powders of Pig Iron from Hong Kong SAR in 2022:
- China (829.6 tons)
Imports of Powders of Pig Iron in Hong Kong SAR
Powders of pig iron imports into Hong Kong SAR skyrocketed to 903 tons in 2022, jumping by 64% on 2021. Overall, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +4.4% 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 +74.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, powders of pig iron imports soared to $8.6M in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Powders of Pig Iron in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,824 | 1,149 | 1,854 | 4,928 | 39.3% |
| Germany | 1,025 | 1,145 | 1,126 | 2,161 | 28.2% |
| Belgium | N/A | 157 | 201 | 619 | 98.6% |
| United States | 30.5 | 25.9 | 489 | 351 | 125.8% |
| Taiwan (Chinese) | 29.6 | 66.5 | 407 | 235 | 99.5% |
| Netherlands | N/A | 240 | 388 | 193 | -10.3% |
| China | 530 | 561 | 410 | 88.8 | -44.9% |
| Others | 24.4 | 72.2 | 72.7 | 33.2 | 10.8% |
| Total | 3,463 | 3,416 | 4,948 | 8,610 | 35.5% |
Top Suppliers of Powders of Pig Iron to Hong Kong SAR in 2022:
- Japan (579.9 tons)
- Germany (181.9 tons)
- Belgium (60.3 tons)
- United States (26.8 tons)
- Taiwan (Chinese) (18.4 tons)
- Netherlands (18.0 tons)
- China (17.1 tons)
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This report provides an in-depth analysis of the pig iron articles market in Hong Kong SAR, China.
490
This report provides an in-depth analysis of the global pig iron articles market.
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This report provides an in-depth analysis of the pig iron articles market in Hong Kong SAR, China.
490
This report provides an in-depth analysis of the global pig iron articles market.
1625
In value terms, granules and powders of pig iron, spiegeleisen, iron and steel imports totaled $X in 2016. Overall, granules and powders of pig iron, spiegeleisen, iron and steel imports continue t...
974
In value terms, granules and powders of pig iron, spiegeleisen, iron and steel exports stood at $X in 2016. In general, granules and powders of pig iron, spiegeleisen, iron and steel exports contin...
1625
In value terms, granules and powders of pig iron, spiegeleisen, iron and steel imports totaled $X in 2016. Overall, granules and powders of pig iron, spiegeleisen, iron and steel imports continue t...
974
In value terms, granules and powders of pig iron, spiegeleisen, iron and steel exports stood at $X in 2016. In general, granules and powders of pig iron, spiegeleisen, iron and steel exports contin...
