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

Contents:

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

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

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $2,208 per ton in August 2023, standing approximately at the previous month. Over the period from December 2022 to August 2023, it increased at an average monthly rate of +4.0%. The pace of growth was the most pronounced in January 2023 an increase of 21% against the previous month. The import price peaked at $2,229 per ton in April 2023; afterwards, it flattened through to August 2023.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Canada ($2,916 per ton), while the price for China ($1,128 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Canada (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In August 2023, the average export price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $1,465 per ton, surging by 12% against the previous month. Over the last eight months, it increased at an average monthly rate of +2.8%. The growth pace was the most rapid in May 2023 an increase of 25% m-o-m. The export price peaked in August 2023.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Germany ($1,586 per ton), while the average price for exports to Finland ($896 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 Turkey (+14.8%), 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 Spain

In 2022, approx. 57K tons of granules and powders, of pig iron, spiegeleisen, iron or steels were imported into Spain; falling by -20.7% against the year before. In general, imports faced a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 39%.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels reduced to $83M in 2022. Over the period under review, imports continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year.

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

1. Sweden (20.9K tons)
2. Canada (9.0K tons)
3. Germany (6.1K tons)
4. Romania (5.1K tons)
5. Egypt (4.5K tons)
6. United States (4.2K tons)
7. France (1.4K tons)

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

In 2022, approx. 22K tons of granules and powders, of pig iron, spiegeleisen, iron or steels were exported from Spain; surging by 7.7% on the year before. The total export volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 12%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels soared to $29M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.7% 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 +82.0% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 45% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

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

1. Germany (4.4K tons)
2. Italy (2.8K tons)
3. Portugal (2.7K tons)
4. Sweden (2.3K tons)
5. India (1.8K tons)
6. France (1.3K tons)
7. Turkey (1.1K tons)
8. Norway (0.9K tons)
9. South Africa (0.8K tons)
10. United Kingdom (0.8K tons)
11. Czech Republic (0.7K tons)
12. Denmark (0.6K tons)
13. Slovenia (0.5K tons)