Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Belgium - 2023

Contents:

  1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Belgium (FOB) - 2023
  2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Belgium (CIF) - 2022
  3. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Belgium
  4. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Belgium

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Belgium (FOB) - 2023

In August 2023, the average export price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $5,497 per ton, picking up by 19% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 25% month-to-month. The export price peaked at $5,762 per ton in April 2023; however, from May 2023 to August 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($16,580 per ton), while the average price for exports to China ($10,288 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Belgium (CIF) - 2022

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $1,471 per ton in 2022, picking up by 25% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 26%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($12,017 per ton), while the price for the Netherlands ($798 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Belgium

In 2022, shipments abroad of granules and powders, of pig iron, spiegeleisen, iron or steels decreased by -11% to 22K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 207%.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels expanded remarkably to $115M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.0% 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 +81.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15.533.243.548.346.1%
United Kingdom20.316.523.122.53.5%
China6.98.610.416.333.2%
Italy2.82.44.63.79.7%
Poland1.11.51.91.715.6%
France0.90.90.91.518.6%
Sweden1.74.71.71.5-4.1%
RomaniaN/A0.11.21.2246.4%
Netherlands0.20.40.50.858.7%
Others14.112.617.117.77.9%
Total63.580.810511521.9%

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Belgium in 2022:

  1. Germany (14.0K tons)
  2. United Kingdom (2.5K tons)
  3. China (1.5K tons)
  4. Romania (0.7K tons)
  5. Netherlands (0.5K tons)
  6. Poland (0.5K tons)
  7. France (0.5K tons)
  8. Italy (0.4K tons)
  9. Sweden (0.1K tons)

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Belgium

After three years of growth, overseas purchases of granules and powders, of pig iron, spiegeleisen, iron or steels decreased by -15.4% to 27K tons in 2022. Over the period under review, imports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 97%.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels totaled $39M in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 129%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.211.510.29.744.7%
Canada0.25.67.36.6220.8%
Sweden5.19.14.84.9-1.3%
France1.10.82.73.648.5%
China0.11.53.13.6230.2%
TurkeyN/A1.51.92.734.2%
Germany1.00.82.22.535.7%
Netherlands1.51.52.42.315.3%
United Kingdom3.02.81.71.8-15.7%
Others0.30.40.61.363.0%
Total15.535.537.039.036.0%

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Belgium in 2022:

  1. Canada (6.7K tons)
  2. Sweden (4.5K tons)
  3. United States (3.4K tons)
  4. Netherlands (2.9K tons)
  5. Turkey (2.6K tons)
  6. France (2.4K tons)
  7. China (1.5K tons)
  8. Germany (1.4K tons)
  9. United Kingdom (0.1K tons)
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