Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Austria - 2023

Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Austria (FOB) - 2022

In 2022, the average export price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $116 per ton, dropping by -57.6% against the previous year. In general, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average export price decreased by -36.5%. The export price peaked at $431 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Slovakia.

From 2012 to 2022, the rate of growth in terms of prices for Slovakia amounted to -48.1% per year.

Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Austria

In 2022, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) from Austria totaled 2.1K tons, picking up by 13% compared with 2021. In general, total exports indicated significant growth from 2020 to 2022: its volume increased at an average annual rate of +33.1% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 57% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) dropped rapidly to $249K in 2022. Over the period under review, exports, however, showed a precipitous decline. The smallest decline of -0.4% was in 2021.