Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Greece - 2023

Contents:

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

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

In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $1,437 per ton, picking up by 103% against the previous year. Over the period under review, the import price, however, recorded a noticeable curtailment. Over the period under review, average import prices reached the peak figure at $1,796 per ton in 2012; however, from 2013 to 2022, 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 Romania ($4,005 per ton), while the price for Cyprus ($559 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $58,186 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price posted a significant increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 17%. Over the period under review, the average export prices attained the maximum at $194,750 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Cyprus.

From 2012 to 2022, the rate of growth in terms of prices for Cyprus amounted to -21.4% per year.

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

Imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses into Greece fell rapidly to 185 tons in 2022, reducing by -86% against 2021 figures. Overall, imports showed a precipitous setback. The pace of growth was the most pronounced in 2021 when imports increased by 97%.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses declined significantly to $266K in 2022. Over the period under review, imports saw a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 169%.

Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/A437132-69.8%
Germany14511728.649.0-30.3%
Romania1.9N/AN/A34.5162.8%
Italy32.550.020.825.3-8.0%
Sweden37.510.515.521.5-16.9%
CyprusN/AN/AN/A4.00%
Bulgaria1,713150414N/A-50.8%
Others22.522.526.1N/A7.7%
Total1,953350942266-48.5%

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

  1. France (116.5 tons)
  2. Germany (30.3 tons)
  3. Italy (12.6 tons)
  4. Sweden (9.9 tons)
  5. Romania (8.6 tons)
  6. Cyprus (7.2 tons)

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

In 2022, after two years of decline, there was decline in overseas shipments of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses, when their volume decreased by 0% to 43 kg. Overall, exports faced a precipitous shrinkage. The smallest decline of 99.9% was in 2020.

In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $2.5K in 2022. In general, exports faced a sharp slump. The smallest decline of 99.9% was in 2020.

Export of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CyprusN/AN/AN/A2.50%
Romania1.2N/AN/AN/A0%
Germany31.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total32.7N/AN/A2.5-57.6%

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

  1. Cyprus (43.0 kg)

Source: IndexBox Market Intelligence Platform

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