
Greece - Pig Iron And Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights
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Greece: Pig Iron Market Overview 2020
Pig Iron Market Size in Greece
In 2019, the Greek pig iron market increased by X% to $X, rising for the third year in a row after two years of decline. In general, consumption, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2011; however, from 2012 to 2019, consumption stood at a somewhat lower figure.
Pig Iron Exports
Exports from Greece
In 2019, after nine years of decline, there was significant growth in shipments abroad of pig iron and spiegeleisen, when their volume increased by X% to X tonnes. Overall, exports, however, showed a deep reduction. The pace of growth was the most pronounced in 2009 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.
In value terms, pig iron exports expanded remarkably to $X in 2019. In general, exports, however, saw a perceptible decline. The growth pace was the most rapid in 2009 when exports increased by X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.
Exports by Country
Poland (X tonnes) was the main destination for pig iron exports from Greece, with a X% share of total exports. Moreover, pig iron exports to Poland exceeded the volume sent to the second major destination, the Netherlands (X tonnes), more than tenfold.
From 2007 to 2019, the average annual rate of growth in terms of volume to Poland was relatively modest.
In value terms, Poland ($X) emerged as the key foreign market for pig iron exports from Greece, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.
From 2007 to 2019, the average annual rate of growth in terms of value to Poland was relatively modest.
Export Prices by Country
The average pig iron export price stood at $X per tonne in 2019, declining by -X% against the previous year. Overall, the export price, however, showed a prominent expansion. The growth pace was the most rapid in 2018 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne, and then fell remarkably in the following year.
There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Poland ($X per tonne), while the average price for exports to the Netherlands amounted to $X per tonne.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Poland.
Pig Iron Imports
Imports into Greece
In 2019, purchases abroad of pig iron and spiegeleisen increased by X% to X tonnes, rising for the third consecutive year after two years of decline. In general, imports, however, recorded a abrupt decline. The growth pace was the most rapid in 2009 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.
In value terms, pig iron imports soared to $X in 2019. Over the period under review, imports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2011; however, from 2012 to 2019, imports failed to regain the momentum.
Imports by Country
In 2019, Bulgaria (X tonnes) constituted the largest pig iron supplier to Greece, accounting for a X% share of total imports. Moreover, pig iron imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), tenfold.
From 2007 to 2019, the average annual rate of growth in terms of volume from Bulgaria stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and the UK (+X% per year).
In value terms, Bulgaria ($X) constituted the largest supplier of pig iron to Greece, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports.
From 2007 to 2019, the average annual growth rate of value from Bulgaria amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and the UK (+X% per year).
Import Prices by Country
In 2019, the average pig iron import price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the import price, however, saw a mild shrinkage. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for the UK ($X per tonne) was 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 a decline.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for pig iron and spiegeleisen in the world?+
China (797M tonnes) constituted the country with the largest volume of pig iron consumption, 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 Greece?+
In value terms, Bulgaria ($1.9M) constituted the largest supplier of pig iron to Greece, comprising 87% of total imports. The second position in the ranking was occupied by Germany ($239K), with a 11% share of total imports.
What are the leading importers of pig iron and spiegeleisen from Greece?+
In value terms, Poland ($118K) emerged as the key foreign market for pig iron exports from Greece, comprising 97% of total exports. The second position in the ranking was occupied by the Netherlands ($3.3K), with a 2.7% share of total exports.
What is the average export price for pig iron and spiegeleisen in Greece?+
In 2019, the average pig iron export price amounted to $1,042 per tonne, falling by -32.3% against the previous year.
What is the average import price for pig iron and spiegeleisen in Greece?+
The average pig iron import price stood at $389 per tonne in 2019, with an increase of 3.2% against the previous year.
This report provides an in-depth analysis of the pig iron market in Greece. 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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