Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Switzerland - 2023
Contents:
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Switzerland (CIF) - 2022
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Switzerland (FOB) - 2022
- Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Switzerland
- Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Switzerland
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Switzerland (CIF) - 2022
In 2022, the average import price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $20,091 per ton, increasing by 311% against the previous year. Over the period under review, the import price showed tangible growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 1,216%. The import price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($26,250 per ton), while the price for the UK ($2,000 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+31.7%).
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Switzerland (FOB) - 2022
In 2022, the average export price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $203 per ton, stabilizing at the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices hit record highs at $223 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -0.9% per year.
Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Switzerland
After two years of decline, overseas purchases of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) decreased by -99.4% to 11 kg in 2022. In general, imports continue to indicate a noticeable contraction.
In value terms, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) reduced sharply to $221 in 2022. Over the period under review, imports, however, showed a significant increase.
| Import of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 0.2 | 0% |
| Russia | N/A | N/A | 8.9 | N/A | 0% |
| United Kingdom | N/A | N/A | N/A | N/A | 0% |
| Italy | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.9 | N/A | 0% |
| Total | N/A | N/A | 9.8 | 0.2 | -98.0% |
Top Suppliers of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) to Switzerland in 2022:
- China (8.0 kg)
- Italy (2.0 kg)
- United Kingdom (1.0 kg)
Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Switzerland
In 2022, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) from Switzerland stood at 161K tons, standing approx. at 2021. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 99.9%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) reached $33M in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 188%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 5.6 | 6.6 | 9.6 | 32.6 | 79.9% |
| United Kingdom | N/A | N/A | 22.9 | N/A | 0% |
| United States | N/A | 4.6 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.6 | 11.3 | 32.5 | 32.6 | 79.9% |
Top Export Markets for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) from Switzerland in 2022:
- Saudi Arabia (160.6K tons)
905
This report provides an in-depth analysis of the iron ore market in Switzerland.
394
This report provides an in-depth analysis of the iron ore market in Switzerland.
394
This report provides an in-depth analysis of the roasted iron pyrites market in Switzerland.
2296
This report provides an in-depth analysis of the global iron ore market.
1306
This report provides an in-depth analysis of the global iron ore market.
658
This report provides an in-depth analysis of the global roasted iron pyrites market.
905
This report provides an in-depth analysis of the iron ore market in Switzerland.
394
This report provides an in-depth analysis of the iron ore market in Switzerland.
394
This report provides an in-depth analysis of the roasted iron pyrites market in Switzerland.
2296
This report provides an in-depth analysis of the global iron ore market.
810
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.
793
Iron ore prices are forecast to drop by 20% y/y to $130 per ton in 2022 due to rising global production.
1054
In value terms, ores and concentrates; n.e.c. in heading no. X imports totaled $X in 2016. In general, ores and concentrates; n.e.c. in heading no. X imports continue to indicate a remarkable...
996
In value terms, ferrous products imports stood at $X in 2016. Overall, ferrous products imports continue to indicate a slight reduction. Over the period under review, global ferrous products import...
1202
In value terms, ferrous products exports stood at $X in 2016. Overall, ferrous products exports continue to indicate a abrupt deduction. Over the period under review, global ferrous products export...
1511
Global iron ore imports stood at X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 ...
1429
Global iron ore imports stood at X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 ...
810
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.
793
Iron ore prices are forecast to drop by 20% y/y to $130 per ton in 2022 due to rising global production.
