Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Iran - 2022
Contents:
- Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Iran (FOB) - 2022
- Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Iran (CIF) - 2022
- Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Iran
- Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Iran
Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Iran (FOB) - 2022
The average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $363 per ton in 2022, growing by 9.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2014 when the average export price increased by 33% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Azerbaijan amounted to +14.8% per year.
Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Iran (CIF) - 2022
In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $1,756 per ton, jumping by 16% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses increased by +50.0% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 72%. The import price peaked in 2022 and is likely to see steady growth in the near future.
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 Turkey ($3,695 per ton), while the price for India ($333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Iran
In 2022, approx. 11K tons of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses were exported from Iran; surging by 69% against 2021. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 69% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses soared to $3.8M in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 85% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | 1.1 | 2.1 | 3.8 | 85.9% |
| India | 0.3 | N/A | N/A | N/A | 0% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 0.6 | 1.1 | 2.1 | 3.8 | 85.0% |
Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Iran in 2022:
- Turkey (10.5K tons)
Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Iran
Imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses into Iran soared to 59 tons in 2022, jumping by 63% on the previous year's figure. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 747% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses surged to $104K in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 791% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Armenia | N/A | N/A | N/A | 48.2 | 0% |
| United Arab Emirates | 31.9 | 4.8 | 44.6 | 46.9 | 13.7% |
| India | 8.9 | 1.0 | 6.8 | 5.2 | -16.4% |
| Turkey | 3.4 | 0.4 | 3.9 | 4.1 | 6.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 44.2 | 6.2 | 55.3 | 104 | 33.0% |
Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Iran in 2022:
- Armenia (29.0 tons)
- India (15.7 tons)
- United Arab Emirates (13.7 tons)
- Turkey (1.1 tons)
682
This report provides an in-depth analysis of the pig iron market in Iran.
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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 Iran.
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This report provides an in-depth analysis of the iron and steel market in Iran.
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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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