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

Contents:

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

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

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $1,185 per ton in 2022, rising by 3.3% against the previous year. Overall, the import price, however, continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 36%. As a result, import price attained the peak level of $1,555 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($1,488 per ton), while the price for Spain ($559 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $683 per ton, growing by 25% against the previous year. In general, the export price, however, continues to indicate a drastic downturn. Over the period under review, the average export prices reached the maximum at $1,408 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($15,667 per ton), while the average price for exports to Malaysia ($562 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 Singapore (+40.2%).

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

In 2022, imports of granules and powders, of pig iron, spiegeleisen, iron or steels into Sri Lanka reduced notably to 250 tons, shrinking by -21.9% against 2021 figures. In general, imports saw a sharp setback. The smallest decline of -13.7% was in 2021.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels shrank sharply to $296K in 2022. Overall, imports faced a precipitous shrinkage. The smallest decline of -18.3% was in 2021.

Import of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France354149194118-30.7%
China19.924.635.466.949.8%
Singapore43.143.722.818.6-24.4%
Italy16.720.010.013.1-7.8%
United Kingdom33.832.111.29.3-35.0%
Spain39.128.65.96.5-45.0%
Japan15.710.812.06.1-27.0%
Netherlands13.112.15.05.4-25.6%
Thailand32.525.624.55.1-46.1%
Others10610346.247.7-23.4%
Total674450367296-24.0%

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

  1. France (94.0 tons)
  2. China (69.0 tons)
  3. Italy (17.1 tons)
  4. Singapore (16.6 tons)
  5. Spain (11.6 tons)
  6. Japan (9.7 tons)
  7. Netherlands (9.3 tons)
  8. United Kingdom (6.3 tons)
  9. Thailand (5.7 tons)

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

In 2022, the amount of granules and powders, of pig iron, spiegeleisen, iron or steels exported from Sri Lanka fell significantly to 14 tons, with a decrease of -70% compared with the previous year. In general, exports recorded a dramatic setback. The smallest decline of -39.1% was in 2020.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels contracted sharply to $9.6K in 2022. Over the period under review, exports recorded a sharp slump. The smallest decline of -40% was in 2020.

Export of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia11873.223.17.6-59.9%
SingaporeN/AN/A1.91.90.0%
Others9.73.80.70.1-78.2%
Total12877.025.79.6-57.8%

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

  1. Malaysia (13.5 tons)
  2. Singapore (0.6 tons)
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