Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in New Zealand - 2024

Contents:

1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in New Zealand (CIF) - 2022
2. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in New Zealand (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in New Zealand
4. Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in New Zealand

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in New Zealand (CIF) - 2022

In 2022, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $6,131 per ton, jumping by 28% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 or steel cast fittings, other than of non-malleable cast ira increased by +58.3% against 2017 indices. The pace of growth appeared the most rapid in 2013 an increase of 34%. As a result, import price attained the peak level of $6,247 per ton. From 2014 to 2022, the average 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 the United States ($27,880 per ton), while the price for India ($2,067 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in New Zealand (FOB) - 2022

The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $12,380 per ton in 2022, increasing by 66% against the previous year. In general, the export price, however, continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2018 an increase of 84% against the previous year. Over the period under review, the average export prices hit record highs at $18,528 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was American Samoa ($41,938 per ton), while the average price for exports to Australia ($6,258 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tonga (+12.2%), 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 New Zealand

In 2022, approx. 2.3K tons of iron or steel cast fittings, other than of non-malleable cast ira were imported into New Zealand; surging by 6.2% against 2021. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.4% 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 increased by +77.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 67%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira soared to $14M in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 75%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to New Zealand in 2022:

1. China (1453.4 tons)
2. India (390.1 tons)
3. Australia (220.0 tons)
4. Italy (66.9 tons)
5. Austria (43.1 tons)

Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in New Zealand

In 2022, overseas shipments of iron or steel cast fittings, other than of non-malleable cast ira decreased by -78% to 5 tons, falling for the second year in a row after two years of growth. In general, exports recorded a noticeable downturn. The pace of growth was the most pronounced in 2020 when exports increased by 372% against the previous year. As a result, the exports reached the peak of 27 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira reduced rapidly to $62K in 2022. Overall, exports, however, recorded a slight expansion. The growth pace was the most rapid in 2020 with an increase of 210% against the previous year. As a result, the exports reached the peak of $184K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from New Zealand in 2022:

1. Australia (4.6 tons)
2. American Samoa (0.2 tons)
3. Fiji (0.1 tons)
4. Cook Islands (0.1 tons)

Source: IndexBox Market Intelligence Platform