Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ireland - 2024
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ireland (CIF) - 2024
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ireland (FOB) - 2024
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ireland
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ireland
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ireland (CIF) - 2024
The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $6,858 per ton in March 2024, declining by -21.7% against the previous month. In general, the import price showed a pronounced setback. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 37% month-to-month. Over the period under review, average import prices reached the maximum at $9,419 per ton in March 2023; however, from April 2023 to March 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Poland ($27,775 per ton), while the price for the UK ($1,862 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Spain (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ireland (FOB) - 2024
The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $3,903 per ton in March 2024, with a decrease of -39.3% against the previous month. In general, the export price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in July 2023 an increase of 140% against the previous month. As a result, the export price reached the peak level of $10,780 per ton. From August 2023 to March 2024, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($34,383 per ton), while the average price for exports to the UK ($2,231 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ireland
In 2022, purchases abroad of iron or steel cast fittings, other than of non-malleable cast ira was finally on the rise to reach 2.4K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt curtailment.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira surged to $21M in 2022. In general, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.4% against 2020 indices.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.8 | 0.9 | 0.4 | 4.7 | 80.4% |
| Germany | 0.3 | 6.1 | 1.8 | 4.4 | 144.8% |
| Belgium | 4.2 | 6.9 | 7.0 | 3.5 | -5.9% |
| China | 0.6 | 0.4 | 1.9 | 2.8 | 67.1% |
| United Kingdom | 11.4 | 8.3 | 1.7 | 2.7 | -38.1% |
| India | 0.6 | 0.3 | 0.6 | 0.8 | 10.1% |
| Italy | 0.2 | 0.1 | 0.5 | 0.4 | 26.0% |
| Others | 0.5 | 1.0 | 0.9 | 1.4 | 40.9% |
| Total | 18.7 | 24.0 | 14.7 | 20.6 | 3.3% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Ireland in 2022:
- China (663.9 tons)
- Belgium (564.7 tons)
- United Kingdom (552.3 tons)
- Poland (253.9 tons)
- India (149.7 tons)
- Italy (72.6 tons)
- Germany (68.9 tons)
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ireland
In 2022, exports of iron or steel cast fittings, other than of non-malleable cast ira from Ireland skyrocketed to 652 tons, increasing by 31% compared with 2021 figures. Overall, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 154% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira reached $7.1M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 64%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 2.8 | 2.2 | 4.0 | 4.2 | 14.5% |
| Germany | 1.5 | 1.5 | 2.1 | 2.0 | 10.1% |
| Denmark | N/A | N/A | 0.4 | 0.3 | -25.0% |
| Switzerland | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
| Netherlands | 0.3 | 0.2 | 0.1 | 0.2 | -12.6% |
| Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Total | 5.0 | 4.3 | 7.0 | 7.1 | 12.4% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Ireland in 2022:
- United Kingdom (495.6 tons)
- Germany (104.8 tons)
- Denmark (19.5 tons)
- Netherlands (14.9 tons)
- Switzerland (14.0 tons)
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