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

Contents:

  1. Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in the Netherlands (CIF) - 2022
  2. Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in the Netherlands (FOB) - 2022
  3. Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in the Netherlands
  4. Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in the Netherlands

Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in the Netherlands (CIF) - 2022

In 2022, the average import price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $158 per ton, with a decrease of -19.1% against the previous year. Overall, the import price, however, showed a pronounced expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 60%. As a result, import price reached the peak level of $195 per ton, and then fell remarkably in the following year.

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 Norway ($194 per ton), while the price for Brazil ($109 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.6%), 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 the Netherlands (FOB) - 2022

In 2022, the average export price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $175 per ton, reducing by -8% against the previous year. Over the period under review, the export price recorded a drastic downturn. The growth pace was the most rapid in 2014 when the average export price increased by 860%. The export price peaked at $676 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($184 per ton), while the average price for exports to Germany stood at $175 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-6.4%).

Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in the Netherlands

In 2022, after three years of growth, there was significant decline in overseas purchases of iron ores and concentrates, agglomerated (excluding roasted iron pyrites), when their volume decreased by -13.2% to 4.7M tons. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 566%.

In value terms, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) fell rapidly to $743M in 2022. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 584% against the previous year.

Import of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia7.283.4264218211.7%
Sweden46.215432421667.2%
CanadaN/A82.813718248.3%
United StatesN/AN/A15.851.8227.8%
UkraineN/A89.527138.2-34.7%
BrazilN/A18.042.012.3-17.3%
Marshall IslandsN/AN/AN/A10.50%
Others10.27.94.313.910.9%
Total63.64351,058743126.9%

Top Suppliers of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) to the Netherlands in 2022:

  1. Sweden (1592.1K tons)
  2. Russia (1230.6K tons)
  3. Canada (1012.8K tons)
  4. United States (360.0K tons)
  5. Ukraine (233.4K tons)
  6. Brazil (112.6K tons)
  7. Marshall Islands (71.0K tons)

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

In 2022, overseas shipments of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) decreased by -32.7% to 3.5M tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 956,748%.

In value terms, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) dropped markedly to $610M in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,635,725%.

Export of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A45796761015.5%
OthersN/AN/A17.90.1-99.4%
TotalN/A45798561015.5%

Top Export Markets for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) from the Netherlands in 2022:

  1. Germany (3.5M tons)

Source: IndexBox Market Intelligence Platform

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