Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Russia - 2022

Contents:

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

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

In 2022, the average export price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $1,689 per ton, surging by 40% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for granules and powders, of pig iron, spiegeleisen, iron or steels increased by +24.7% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average export price increased by 153%. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,413 per ton), while the average price for exports to Poland ($931 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+16.0%), 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 Russia (CIF) - 2022

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $3,133 per ton in 2022, with an increase of 90% against the previous year. Over the period under review, the import price continues to indicate a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Dominican Republic ($20,522 per ton), while the price for Sweden ($1,207 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.5%), 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 Russia

In 2022, approx. 8K tons of granules and powders, of pig iron, spiegeleisen, iron or steels were exported from Russia; dropping by -65.3% compared with the previous year. Overall, exports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2021 when exports increased by 38% against the previous year. As a result, the exports reached the peak of 23K tons, and then declined dramatically in the following year.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels declined rapidly to $14M in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 43%. As a result, the exports reached the peak of $28M, and then declined dramatically in the following year.

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

1. Kazakhstan (1034.0 tons)
2. Latvia (1019.9 tons)
3. Poland (669.2 tons)
4. Estonia (664.4 tons)
5. Czech Republic (636.9 tons)
6. Germany (608.9 tons)
7. Serbia (368.5 tons)
8. France (299.3 tons)
9. Uzbekistan (281.9 tons)
10. United States (276.4 tons)
11. Finland (260.4 tons)
12. Vietnam (253.6 tons)
13. Italy (213.7 tons)

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

In 2022, approx. 2.7K tons of granules and powders, of pig iron, spiegeleisen, iron or steels were imported into Russia; dropping by -59.6% compared with the year before. Overall, imports recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. As a result, imports attained the peak of 6.6K tons, and then dropped sharply in the following year.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels reduced remarkably to $8.4M in 2022. In general, imports continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of $11M, and then dropped remarkably in the following year.

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

1. China (1646.7 tons)
2. Sweden (422.8 tons)
3. South Korea (291.1 tons)
4. Dominican Republic (74.1 tons)
5. Germany (73.4 tons)
6. Turkey (45.8 tons)
7. Poland (43.6 tons)
8. Belgium (5.1 tons)
9. United States (1.5 tons)