Price for Powders of Pig Iron in Japan - 2023
Contents:
- Price for Powders of Pig Iron in Japan (CIF) - 2023
- Price for Powders of Pig Iron in Japan (FOB) - 2022
- Imports of Powders of Pig Iron in Japan
- Exports of Powders of Pig Iron in Japan
Price for Powders of Pig Iron in Japan (CIF) - 2023
The average powders of pig iron import price stood at $1,598 per ton in July 2023, waning by -16.8% against the previous month. Over the period under review, the import price saw a perceptible contraction. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 39% m-o-m. The import price peaked at $3,052 per ton in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($5,167 per ton), while the price for India ($689 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (-0.8%), while the prices for the other major suppliers experienced a decline.
Price for Powders of Pig Iron in Japan (FOB) - 2022
The average powders of pig iron export price stood at $1,694 per ton in 2022, surging by 2.8% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 14% against the previous year. The export price peaked at $1,772 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,068 per ton), while the average price for exports to Malaysia ($1,229 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 Taiwan (Chinese) (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Powders of Pig Iron in Japan
In 2022, approx. 44K tons of powders of pig ira were imported into Japan; waning by -17.5% against 2021. Overall, total imports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.9% 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 +29.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, imports reached the peak of 53K tons, and then contracted remarkably in the following year.
In value terms, powders of pig iron imports declined to $92M in 2022. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 101% against the previous year. As a result, imports attained the peak of $96M, and then shrank slightly in the following year.
| Import of Powders of Pig Iron in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.7 | 14.6 | 40.1 | 39.6 | 42.4% |
| Sweden | 20.9 | 15.7 | 26.3 | 22.7 | 2.8% |
| India | 4.9 | 3.7 | 5.7 | 8.3 | 19.2% |
| South Korea | 2.0 | 2.8 | 4.0 | 0.5 | -37.0% |
| Others | 9.6 | 10.7 | 19.8 | 20.9 | 29.6% |
| Total | 51.0 | 47.5 | 95.7 | 92.0 | 21.7% |
Top Suppliers of Powders of Pig Iron to Japan in 2022:
- Sweden (18.8K tons)
- China (12.8K tons)
- India (10.5K tons)
- South Korea (0.6K tons)
Exports of Powders of Pig Iron in Japan
In 2022, approx. 28K tons of powders of pig ira were exported from Japan; waning by -18.8% compared with the year before. In general, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year.
In value terms, powders of pig iron exports declined markedly to $47M in 2022. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 32% against the previous year.
| Export of Powders of Pig Iron in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.2 | 14.5 | 16.9 | 15.5 | 5.5% |
| Thailand | 11.2 | 7.8 | 11.4 | 9.4 | -5.7% |
| United States | 8.6 | 5.7 | 6.5 | 6.5 | -8.9% |
| South Korea | 6.4 | 4.3 | 6.1 | 6.3 | -0.5% |
| Indonesia | 3.1 | 1.9 | 3.1 | 3.5 | 4.1% |
| Malaysia | 2.1 | 1.9 | 3.1 | 2.1 | 0.0% |
| Taiwan (Chinese) | 5.4 | 0.9 | 1.7 | 0.7 | -49.4% |
| Others | 8.3 | 5.8 | 7.7 | 3.3 | -26.5% |
| Total | 58.3 | 43.0 | 56.5 | 47.2 | -6.8% |
Top Export Markets for Powders of Pig Iron from Japan in 2022:
- Thailand (7.6K tons)
- China (7.2K tons)
- South Korea (4.9K tons)
- Indonesia (2.4K tons)
- United States (2.1K tons)
- Malaysia (1.7K tons)
- Taiwan (Chinese) (0.4K tons)
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This report provides an in-depth analysis of the pig iron articles market in Japan.
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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 Japan.
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...
