Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Brazil - 2024

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Brazil (CIF) - 2024
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Brazil (FOB) - 2024
3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Brazil
4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Brazil

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Brazil (CIF) - 2024

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $1,937 per ton in September 2023, declining by -21.6% against the previous month. Over the period under review, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 40% m-o-m. Over the period under review, average import prices reached the peak figure at $3,442 per ton in June 2023; however, from July 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($25,866 per ton), while the price for China ($1,100 per ton) was amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+26.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Brazil (FOB) - 2024

The average export price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $970 per ton in September 2023, waning by -10.5% against the previous month. Over the period from February 2023 to September 2023, it increased at an average monthly rate of +1.0%. The pace of growth appeared the most rapid in March 2023 an increase of 12% against the previous month. Over the period under review, the average export prices reached the peak figure at $1,085 per ton in August 2023, and then fell in the following month.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Algeria ($1,980 per ton), while the average price for exports to Angola ($810 per ton) was amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of granules and powders, of pig iron, spiegeleisen, iron or steels into Brazil dropped remarkably to 10K tons in 2022, which is down by -15.3% compared with the previous year. Overall, imports saw a pronounced reduction. The pace of growth was the most pronounced in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of 12K tons, and then contracted significantly in the following year.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $27M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 70% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Sweden (4.7K tons)
2. Germany (0.9K tons)
3. Egypt (0.8K tons)
4. Japan (0.7K tons)
5. France (0.7K tons)
6. China (0.7K tons)
7. Canada (0.6K tons)
8. United States (0.4K tons)

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

In 2022, shipments abroad of granules and powders, of pig iron, spiegeleisen, iron or steels decreased by -14% to 14K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 22%. As a result, the exports attained the peak of 17K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels declined modestly to $14M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. As a result, the exports reached the peak of $14M, and then declined modestly in the following year.

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

1. Mexico (5.2K tons)
2. Argentina (1.8K tons)
3. Chile (1.4K tons)
4. Italy (0.8K tons)
5. Colombia (0.6K tons)
6. Peru (0.5K tons)
7. Portugal (0.5K tons)
8. Finland (0.5K tons)
9. Spain (0.5K tons)
10. Netherlands (0.3K tons)
11. South Africa (0.3K tons)
12. Poland (0.2K tons)
13. Norway (0.2K tons)