Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Hong Kong SAR - 2022
Contents:
- Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Hong Kong SAR (FOB) - 2022
- Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Hong Kong SAR (CIF) - 2022
- Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Hong Kong SAR
- Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Hong Kong SAR
Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $5,460 per ton, reducing by -45.6% against the previous year. Over the period under review, the export price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2019 an increase of 415%. As a result, the export price reached the peak level of $71,583 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($9,143 per ton), while the average price for exports to Malaysia stood at $5,387 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+9.9%).
Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $1,537 per ton, surging by 66% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 451% against the previous year. As a result, import price reached the peak level of $5,131 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($15,765 per ton), while the price for Sweden ($93 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-5.7%), while the prices for the other major suppliers experienced a decline.
Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Hong Kong SAR
For the fourth year in a row, Hong Kong SAR recorded growth in overseas shipments of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses, which increased by 14,435% to 12 tons in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses soared to $67K in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | N/A | 65.4 | 0% |
| Sweden | 0.2 | 0.7 | 0.6 | 1.8 | 108.0% |
| Others | 0.7 | 0.2 | 0.3 | 0.3 | -24.6% |
| Total | 0.9 | 0.9 | 0.9 | 67.5 | 321.7% |
Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Hong Kong SAR in 2022:
- Malaysia (12.1 tons)
- Sweden (0.2 tons)
Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Hong Kong SAR
In 2022, the amount of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses imported into Hong Kong SAR shrank significantly to 15 tons, falling by -37.8% compared with the year before. Over the period under review, imports continue to indicate a dramatic decline. The smallest decline of -8.3% was in 2020.
In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses rose to $24K in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 15.0 | 17.3 | 19.2 | 21.9 | 13.4% |
| Sweden | 4.3 | 3.3 | 2.5 | 1.3 | -32.9% |
| Thailand | 2.9 | 1.9 | 1.2 | 0.4 | -48.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 22.1 | 22.5 | 22.8 | 23.6 | 2.2% |
Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Hong Kong SAR in 2022:
- Sweden (13.5 tons)
- Singapore (1.4 tons)
- Thailand (0.4 tons)
403
This report provides an in-depth analysis of the pig iron market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the iron and steel market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global pig iron market.
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This report provides an in-depth analysis of the global iron and steel market.
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This report provides an in-depth analysis of the pig iron market in Hong Kong SAR, China.
434
This report provides an in-depth analysis of the iron and steel market in Hong Kong SAR, China.
4580
This report provides an in-depth analysis of the global pig iron market.
1131
This report provides an in-depth analysis of the global iron and steel market.
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Discover the leading countries in the global import market for pig iron and the factors driving their high import volumes. Gain insights into the key players and trends shaping the industry.
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In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...
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Discover the leading countries in the global iron and steel import market and their key statistics. Learn about the trends and factors driving the demand for these crucial materials.
