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

Contents:

1. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in the Netherlands (FOB) - 2023
2. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in the Netherlands (CIF) - 2022
3. Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in the Netherlands
4. Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in the Netherlands

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in the Netherlands (FOB) - 2023

In August 2023, the average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $2,494 per ton, with a decrease of -5.7% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 62% against the previous month. The export price peaked at $2,645 per ton in July 2023, and then reduced in the following month.

Average prices varied somewhat for the major external markets. In August 2023, the country with the highest price was Aruba ($1,081 per ton), while the average price for exports to Morocco stood at $844 per ton.

From October 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $1,212 per ton in 2022, declining by -57.1% against the previous year. Over the period under review, the import price showed a pronounced reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 40%. As a result, import price attained the peak level of $2,824 per ton, and then shrank markedly in the following year.

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 France ($2,516 per ton), while the price for China ($1,181 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses from the Netherlands plummeted to 3.4K tons in 2022, declining by -42.1% against 2021. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 39% against the previous year. As a result, the exports reached the peak of 5.9K tons, and then declined sharply in the following year.

In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses fell rapidly to $8M in 2022. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. As a result, the exports reached the peak of $13M, and then shrank rapidly in the following year.

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

1. Germany (2752.8 tons)
2. Belgium (386.2 tons)
3. Slovakia (200.6 tons)

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

Imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses into the Netherlands surged to 179 tons in 2022, growing by 20% compared with 2021 figures. In general, imports, however, continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2020 with an increase of 382%. As a result, imports reached the peak of 3.3K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses reduced markedly to $217K in 2022. Over the period under review, imports, however, continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2020 when imports increased by 388%. As a result, imports attained the peak of $6.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. China (172.8 tons)
2. Italy (2.7 tons)
3. Germany (2.6 tons)
4. Poland (0.1 tons)

Source: IndexBox Market Intelligence Platform