Price for Powders of Pig Iron in the Netherlands - 2023

Price for Powders of Pig Iron in the Netherlands (FOB) - 2023

The average powders of pig iron export price stood at $2,380 per ton in June 2023, shrinking by -10.8% against the previous month. Overall, the export price showed a noticeable decline. The growth pace was the most rapid in April 2023 an increase of 38% m-o-m. As a result, the export price reached the peak level of $3,549 per ton. From May 2023 to June 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($4,805 per ton), while the average price for exports to Germany ($1,738 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Powders of Pig Iron in the Netherlands (CIF) - 2023

In June 2023, the average powders of pig iron import price amounted to $7,894 per ton, with an increase of 128% against the previous month. Overall, the import price posted a temperate increase. The growth pace was the most rapid in September 2022 when the average import price increased by 256% against the previous month. As a result, import price attained the peak level of $26,194 per ton. From October 2022 to June 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($62,435 per ton), while the price for Spain ($2,282 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Brazil (+507.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Powders of Pig Iron in the Netherlands

Powders of pig iron exports from the Netherlands soared to 2K tons in 2022, with an increase of 45% against 2021. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 69% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, powders of pig iron exports surged to $12M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Powders of Pig Iron in the Netherlands (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1.9	4.4	6.2	8.5	64.8%
Austria	0.8	1.1	0.6	0.8	0.0%
United Kingdom	1.1	0.9	0.7	0.6	-18.3%
Spain	0.3	0.3	0.4	0.5	18.6%
France	0.5	0.4	0.3	0.3	-15.7%
Italy	0.3	0.2	0.2	0.2	-12.6%
Finland	0.1	0.2	0.2	0.2	26.0%
Belgium	0.2	0.2	0.2	0.2	0.0%
Others	2.1	1.3	1.1	1.2	-17.0%
Total	7.4	9.0	9.8	12.4	18.8%

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

Germany (1471.6 tons)
Austria (80.4 tons)
France (66.3 tons)
Spain (53.1 tons)
United Kingdom (52.7 tons)
Belgium (50.4 tons)
Italy (43.4 tons)
Finland (35.9 tons)

Imports of Powders of Pig Iron in the Netherlands

In 2022, supplies from abroad of powders of pig ira decreased by -51.9% to 1.3K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a perceptible contraction. The pace of growth was the most pronounced in 2020 with an increase of 118%. As a result, imports attained the peak of 3.1K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, powders of pig iron imports shrank notably to $6.7M in 2022. Over the period under review, imports saw a deep slump. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of $9M, and then declined markedly in the following year.

Import of Powders of Pig Iron in the Netherlands (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	198	655	1,420	2,814	142.2%
Germany	1,038	392	505	283	-35.2%
India	N/A	1.4	N/A	94.7	722.5%
Spain	161	26.6	471	80.3	-20.7%
Japan	N/A	200	168	65.1	-42.9%
South Africa	N/A	0.2	N/A	57.4	1594.1%
Serbia	41.5	N/A	N/A	33.6	-6.8%
Belgium	2,089	56.2	118	28.7	-76.0%
Italy	54.5	127	50.8	10.4	-42.4%
United States	4,096	2,528	N/A	N/A	-38.3%
Others	219	3,481	6,301	3,242	145.5%
Total	7,896	7,468	9,033	6,709	-5.3%