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United Kingdom - Iron Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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United Kingdom: Overview of the Market for Iron Ores And Concentrates 2021

Market Size for Iron Ores And Concentrates in the UK

The UK iron ore and concentrate market was finally on the rise to reach $X in 2020, after two years of decline. Over the period under review, consumption, however, showed a deep setback. The most prominent rate of growth was recorded in 2010 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2020, consumption stood at a somewhat lower figure.

Production of Iron Ores And Concentrates in the UK

In value terms, iron ore and concentrate production dropped markedly to $X in 2020 estimated in export prices. In general, production recorded a noticeable increase. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Iron ore and concentrate production peaked at $X in 2013; however, from 2014 to 2020, production remained at a lower figure.

Exports of Iron Ores And Concentrates

Exports from the UK

In 2020, exports of iron ores and concentrates from the UK declined notably to X tonnes, which is down by -X% against 2019. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

In value terms, iron ore and concentrate exports declined remarkably to $X in 2020. Over the period under review, exports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2009 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Ireland (X tonnes), France (X tonnes) and Belgium (X tonnes) were the main destinations of iron ore and concentrate exports from the UK, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron ore and concentrate exported from the UK were France ($X), China ($X) and Ireland ($X), with a combined X% share of total exports. Belgium, Australia, the Czech Republic and Germany lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average iron ore and concentrate export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the export price continues to indicate moderate growth. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Australia ($X per tonne), while the average price for exports to Ireland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Ores And Concentrates

Imports into the UK

After two years of decline, supplies from abroad of iron ores and concentrates increased by X% to X tonnes in 2020. Over the period under review, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, iron ore and concentrate imports soared to $X in 2020. Overall, imports, however, saw a perceptible slump. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Imports peaked at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

Canada (X tonnes), Brazil (X tonnes) and Sweden (X tonnes) were the main suppliers of iron ore and concentrate imports to the UK, together comprising X% of total imports. These countries were followed by the U.S., Russia and South Africa, which together accounted for a further X 2007 to 2020, the biggest increases were in Russia (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Brazil ($X) and Sweden ($X) constituted the largest iron ore and concentrate suppliers to the UK, together comprising X% of total imports. These countries were followed by Russia, South Africa and the U.S., which together accounted for a further X (+X% per year) 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

The average iron ore and concentrate import price stood at $X per tonne in 2020, increasing by X% against the previous year. In general, the import price saw notable growth. The growth pace was the most rapid in 2010 an increase of X% against the previous year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Russia ($X per tonne), while the price for the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron ores and concentrates in the world?
+
China (1,493M tonnes) remains the largest iron ore and concentrate consuming country worldwide, comprising approx. 61% of total volume. Moreover, iron ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, India (178M tonnes), eightfold. Brazil (106M tonnes) ranked third in terms of total consumption with a 4.4% share.
What are the largest producers of iron ores and concentrates in the world?
+
Australia (900M tonnes) constituted the country with the largest volume of iron ore and concentrate production, accounting for 37% of total volume. Moreover, iron ore and concentrate production in Australia exceeded the figures recorded by the second-largest producer, Brazil (400M tonnes), twofold. The third position in this ranking was occupied by China (340M tonnes), with a 14% share.
What are the leading suppliers of iron ores and concentrates to the UK?
+
In value terms, Canada ($254M), Brazil ($155M) and Sweden ($128M) were the largest iron ore and concentrate suppliers to the UK, with a combined 74% share of total imports. These countries were followed by Russia, South Africa and the U.S., which together accounted for a further 24%.
What are the leading importers of iron ores and concentrates from the UK?
+
In value terms, the largest markets for iron ore and concentrate exported from the UK were France ($150K), China ($117K) and Ireland ($77K), together comprising 57% of total exports. These countries were followed by Belgium, Australia, the Czech Republic and Germany, which together accounted for a further 33%.
What is the average export price for iron ores and concentrates in the UK?
+
In 2020, the average iron ore and concentrate export price amounted to $341 per tonne, surging by 28% against the previous year.
What is the average import price for iron ores and concentrates in the UK?
+
In 2020, the average iron ore and concentrate import price amounted to $96 per tonne, rising by 14% against the previous year.

Product coverage:

This report provides an in-depth analysis of the market for iron ore and concentrate in the UK. 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.


Country coverage:
• United Kingdom

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the UK
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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