Price for Iron Ore and Concentrate, Non-Agglomerated in Colombia - 2021

Contents:

1. Price for Iron Ore and Concentrate, Non-Agglomerated in Colombia (CIF) - 2022
2. Price for Iron Ore and Concentrate, Non-Agglomerated in Colombia (FOB) - 2022
3. Imports of Iron Ore and Concentrate, Non-Agglomerated in Colombia
4. Exports of Iron Ore and Concentrate, Non-Agglomerated in Colombia

Price for Iron Ore and Concentrate, Non-Agglomerated in Colombia (CIF) - 2022

The average import price for iron ores and concentrates, non-agglomerated stood at $493 per ton in 2022, falling by -7.5% against the previous year. In general, the import price saw a slight descent. The most prominent rate of growth was recorded in 2014 an increase of 17% against the previous year. As a result, import price reached the peak level of $557 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,197 per ton), while the price for Peru ($206 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 (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron Ore and Concentrate, Non-Agglomerated in Colombia (FOB) - 2022

In 2022, the average export price for iron ores and concentrates, non-agglomerated amounted to $203 per ton, reducing by -21.4% against the previous year. Overall, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2019 when the average export price increased by 46% against the previous year. The export price peaked at $1,516 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($725 per ton), while the average price for exports to the Netherlands ($329 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (-7.8%), while the prices for the other major destinations experienced a decline.

Imports of Iron Ore and Concentrate, Non-Agglomerated in Colombia

In 2022, overseas purchases of iron ores and concentrates, non-agglomerated were finally on the rise to reach 195 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a sharp setback.

In value terms, iron ore and concentrate, non-agglomerated imports skyrocketed to $96K in 2022. In general, imports, however, recorded a precipitous descent.

Top Suppliers of Iron Ore and Concentrate, Non-Agglomerated to Colombia in 2022:

1. Australia (104.5 tons)
2. United Kingdom (74.4 tons)
3. Peru (8.9 tons)
4. France (3.3 tons)

Exports of Iron Ore and Concentrate, Non-Agglomerated in Colombia

In 2022, shipments abroad of iron ores and concentrates, non-agglomerated was finally on the rise to reach 12 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a deep contraction.

In value terms, iron ore and concentrate, non-agglomerated exports soared to $2.4K in 2022. In general, exports, however, saw a precipitous descent.

Top Export Markets for Iron Ore and Concentrate, Non-Agglomerated from Colombia in 2022:

1. United States (undefined tons)
2. Netherlands (1.2 tons)

Source: IndexBox Market Intelligence Platform