
France - Pig Iron And Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights
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France: Pig Iron Market Overview 2020
Pig Iron Market Size in France
In 2019, the French pig iron market decreased by -X% to $X, falling for the fifth consecutive year after two years of growth. Over the period under review, consumption saw a perceptible curtailment. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Pig iron consumption peaked at $X in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.
Pig Iron Production in France
In value terms, pig iron production shrank to $X in 2019 estimated in export prices. Overall, production recorded a mild reduction. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2019, production failed to regain the momentum.
Pig Iron Exports
Exports from France
After three years of growth, shipments abroad of pig iron and spiegeleisen decreased by -X% to X tonnes in 2019. In general, exports, however, continue to indicate noticeable growth. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Exports peaked at X tonnes in 2018, and then contracted in the following year.
In value terms, pig iron exports contracted markedly to $X in 2019. Overall, exports, however, posted perceptible growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2017; however, from 2018 to 2019, exports failed to regain the momentum.
Exports by Country
Belgium (X tonnes) was the main destination for pig iron exports from France, with a X% share of total exports. Moreover, pig iron exports to Belgium exceeded the volume sent to the second major destination, Germany (X tonnes), fivefold.
From 2007 to 2019, the average annual rate of growth in terms of volume to Belgium was relatively modest.
In value terms, Belgium ($X) remains the key foreign market for pig iron exports from France, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports.
From 2007 to 2019, the average annual growth rate of value to Belgium amounted to +X%.
Export Prices by Country
The average pig iron export price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Over the period under review, export price indicated a modest increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, pig iron export price decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. The export price peaked at $X per tonne in 2009; however, from 2010 to 2019, export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2019, the country with the highest price was Germany ($X per tonne), while the average price for exports to Belgium amounted to $X per tonne.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Belgium.
Pig Iron Imports
Imports into France
In 2019, imports of pig iron and spiegeleisen into France declined to X tonnes, waning by -X% on the previous year's figure. Overall, imports showed a perceptible reduction. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.
In value terms, pig iron imports contracted to $X in 2019. Over the period under review, imports recorded a slight downturn. The pace of growth appeared the most rapid in 2008 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2009 to 2019, the growth imports remained at a somewhat lower figure.
Imports by Country
Belgium (X tonnes), the Netherlands (X tonnes) and Germany (X tonnes) were the main suppliers of pig iron imports to France, together accounting for X% of total imports.
From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands, while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest pig iron suppliers to France were Belgium ($X), the Netherlands ($X) and Germany ($X), with a combined X% share of total imports.
The Netherlands recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2019, the average pig iron import price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, import price indicated a modest expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, pig iron import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2019, the highest prices were recorded for prices from Germany ($X per tonne) and Austria ($X per tonne), while the price for Ukraine ($X per tonne) and Russia ($X per tonne) were amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for pig iron and spiegeleisen in the world?+
China (797M tonnes) remains the largest pig iron consuming country worldwide, comprising approx. 63% of total volume. Moreover, pig iron consumption in China exceeded the figures recorded by the second-largest consumer, India (76M tonnes), tenfold. The third position in this ranking was occupied by South Korea (54M tonnes), with a 4.3% share.
What are the largest producers of pig iron and spiegeleisen in the world?+
The country with the largest volume of pig iron production was China (797M tonnes), comprising approx. 63% of total volume. Moreover, pig iron production in China exceeded the figures recorded by the second-largest producer, India (77M tonnes), tenfold. South Korea (54M tonnes) ranked third in terms of total production with a 4.2% share.
What are the leading suppliers of pig iron and spiegeleisen to France?+
In value terms, Belgium ($20M), the Netherlands ($18M) and Germany ($18M) appeared to be the largest pig iron suppliers to France, together comprising 79% of total imports.
What are the leading importers of pig iron and spiegeleisen from France?+
In value terms, Belgium ($30M) remains the key foreign market for pig iron exports from France, comprising 76% of total exports. The second position in the ranking was occupied by Germany ($6.8M), with a 17% share of total exports.
What is the average export price for pig iron and spiegeleisen in France?+
The average pig iron export price stood at $332 per tonne in 2019, with a decrease of -10.8% against the previous year.
What is the average import price for pig iron and spiegeleisen in France?+
The average pig iron import price stood at $463 per tonne in 2019, with a decrease of -4.5% against the previous year.
This report provides an in-depth analysis of the pig iron market in France. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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