Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in France - 2023
Contents:
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in France (CIF) - 2023
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in France (FOB) - 2022
- Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in France
- Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in France
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in France (CIF) - 2023
The average import price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) stood at $159 per ton in October 2023, increasing by 3.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in June 2023 an increase of 27% month-to-month. Over the period under review, average import prices reached the maximum at $192 per ton in April 2023; however, from May 2023 to October 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Brazil ($180 per ton), while the price for the United States ($152 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Mauritania (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in France (FOB) - 2022
In 2022, the average export price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $153 per ton, therefore, remained relatively stable against the previous year. In general, the export price showed a noticeable descent. The pace of growth appeared the most rapid in 2014 when the average export price increased by 130%. Over the period under review, the average export prices hit record highs at $210 per ton in 2012; however, from 2013 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 Spain.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +1.9% per year.
Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in France
After three years of growth, purchases abroad of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) decreased by -9.9% to 4M tons in 2022. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of 4.5M tons, and then fell in the following year.
In value terms, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) contracted dramatically to $708M in 2022. In general, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. As a result, imports reached the peak of $928M, and then fell rapidly in the following year.
Import of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 270 | 313 | 438 | 476 | 20.8% |
United States | N/A | N/A | 30.6 | 105 | 243.1% |
South Africa | 34.9 | 6.9 | 34.0 | 40.0 | 4.7% |
India | 7.1 | N/A | N/A | 29.4 | 60.6% |
Russia | 76.8 | 96.4 | 358 | 21.7 | -34.4% |
Brazil | 50.2 | N/A | 23.0 | 16.4 | -31.1% |
Mauritania | 18.7 | 6.4 | 13.0 | 11.9 | -14.0% |
Mexico | 17.0 | 7.2 | 2.6 | N/A | -60.9% |
Others | 6.9 | 33.9 | 28.1 | 7.6 | 3.3% |
Total | 481 | 464 | 928 | 708 | 13.8% |
Top Suppliers of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) to France in 2022:
- Canada (2674.8K tons)
- United States (593.5K tons)
- South Africa (233.8K tons)
- India (145.9K tons)
- Mauritania (142.3K tons)
- Russia (129.9K tons)
- Brazil (82.5K tons)
Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in France
In 2022, approx. 25K tons of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) were exported from France; rising by 401,339% on 2021. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) soared to $3.9M in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | N/A | N/A | N/A | 3.8 | 0% |
Germany | 0.9 | N/A | N/A | N/A | 0% |
Belgium | N/A | 2.2 | N/A | N/A | 0% |
Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
Total | 0.9 | 2.3 | N/A | 3.9 | 63.0% |
Top Export Markets for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) from France in 2022:
- Spain (25.2K tons)
This report provides an in-depth analysis of the iron ore market in France.
This report provides an in-depth analysis of the iron ore market in France.
This report provides an in-depth analysis of the roasted iron pyrites market in France.
This report provides an in-depth analysis of the global iron ore market.
This report provides an in-depth analysis of the global iron ore market.
This report provides an in-depth analysis of the global roasted iron pyrites market.
This report provides an in-depth analysis of the iron ore market in France.
This report provides an in-depth analysis of the iron ore market in France.
This report provides an in-depth analysis of the roasted iron pyrites market in France.
This report provides an in-depth analysis of the global iron ore market.
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Explore the top import markets for iron ore, including China, Japan, South Korea, and more. Learn about the key statistics and import values of these countries. Discover valuable insights using the IndexBox market intelligence platform.
Iron ore prices are forecast to drop by 20% y/y to $130 per ton in 2022 due to rising global production.