Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Angola - 2022

Contents:

1. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Angola (CIF) - 2022
2. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Angola (FOB) - 2022
3. Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Angola
4. Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Angola

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Angola (CIF) - 2022

In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $7,647 per ton, leveling off at the previous year. In general, the import price saw a pronounced reduction. The growth pace was the most rapid in 2019 when the average import price increased by 480%. As a result, import price reached the peak level of $15,467 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($8,445 per ton), while the price for Portugal amounted to $2,014 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+100.7%), while the prices for the other major suppliers experienced a decline.

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Angola (FOB) - 2022

In 2022, the average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $2,470 per ton, growing by 75% against the previous year. Over the period under review, the export price saw a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 153%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2019 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +91.3% per year.

Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Angola

After two years of decline, overseas purchases of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses decreased by 0% to 1.7 tons in 2022. Overall, imports posted a significant increase. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses totaled $13K in 2022. Over the period under review, imports recorded a significant expansion. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to continue growth in the near future.

Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Angola in 2022:

1. South Africa (1532.0 kg)
2. Portugal (217.0 kg)

Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Angola

In 2022, shipments abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses was finally on the rise to reach 3.2 tons after two years of decline. Overall, exports, however, faced a sharp setback.

In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses soared to $7.9K in 2022. Over the period under review, exports, however, saw a precipitous contraction.

Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Angola in 2022:

1. Democratic Republic of the Congo (3.2 tons)

Source: IndexBox Market Intelligence Platform