Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Portugal - 2024
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Portugal (CIF) - 2022
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Portugal (FOB) - 2024
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Portugal
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Portugal
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Portugal (CIF) - 2022
In 2022, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $4,105 per ton, waning by -6.6% against the previous year. Over the period under review, the import price showed a noticeable downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 6.4% against the previous year. Over the period under review, average import prices hit record highs at $6,495 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($23,935 per ton), while the price for China ($3,376 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+15.1%), 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 Portugal (FOB) - 2024
The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $10,308 per ton in March 2024, surging by 10% against the previous month. Overall, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in August 2023 an increase of 348% month-to-month. As a result, the export price attained the peak level of $18,260 per ton. From September 2023 to March 2024, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In March 2024, the country with the highest price was Angola ($12,414 per ton), while the average price for exports to Guinea-Bissau ($7,060 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 Cote d'Ivoire (+60.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Portugal
Imports of iron or steel cast fittings, other than of non-malleable cast ira into Portugal expanded markedly to 4.1K tons in 2022, surging by 14% on the year before. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira amounted to $17M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 6.2 | 7.8 | 10.8 | 10.6 | 19.6% |
| China | 0.5 | 0.6 | 0.8 | 1.7 | 50.4% |
| France | 0.3 | 0.6 | 1.4 | 1.4 | 67.1% |
| Italy | 0.8 | 1.1 | 1.2 | 1.1 | 11.2% |
| Belgium | 0.8 | 0.3 | 0.5 | 0.6 | -9.1% |
| United Kingdom | N/A | 0.2 | 0.2 | 0.3 | 22.5% |
| Others | 1.3 | 1.1 | 0.9 | 1.1 | -5.4% |
| Total | 10.0 | 11.7 | 15.9 | 16.8 | 18.9% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Portugal in 2022:
- Spain (2812.8 tons)
- China (518.1 tons)
- Italy (255.6 tons)
- France (250.9 tons)
- United Kingdom (84.7 tons)
- Belgium (49.0 tons)
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Portugal
Exports of iron or steel cast fittings, other than of non-malleable cast ira from Portugal surged to 498 tons in 2022, picking up by 94% on 2021. In general, exports posted a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira skyrocketed to $2.3M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 58%.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 180 | 187 | 398 | 1,515 | 103.4% |
| France | 412 | 424 | 853 | 334 | -6.8% |
| Cabo Verde | 88.2 | 57.9 | 40.5 | 97.5 | 3.4% |
| Angola | 886 | 246 | 168 | 82.2 | -54.7% |
| Mozambique | 52.9 | 119 | 126 | 19.6 | -28.2% |
| Algeria | 336 | N/A | N/A | 1.8 | -82.5% |
| Mali | N/A | 46.3 | 119 | N/A | 157.0% |
| Others | 401 | 199 | 311 | 270 | -12.4% |
| Total | 2,356 | 1,279 | 2,015 | 2,320 | -0.5% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Portugal in 2022:
- Spain (422.0 tons)
- France (31.9 tons)
- Cabo Verde (11.0 tons)
- Angola (9.3 tons)
- Mozambique (2.1 tons)
- Algeria (0.3 tons)
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