Price for Iron Ore and Concentrate, Non-Agglomerated in Greece - 2023

Contents:

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

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

In 2022, the average import price for iron ores and concentrates, non-agglomerated amounted to $491 per ton, dropping by -15.9% against the previous year. Overall, the import price faced a abrupt slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 47%. Over the period under review, average import prices reached the peak figure at $1,747 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,096 per ton), while the price for Spain ($312 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for iron ores and concentrates, non-agglomerated stood at $7,520 per ton in 2022, surging by 352% against the previous year. Over the period under review, the export price continues to indicate significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($13,800 per ton), while the average price for exports to Albania amounted to $1,772 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+117.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of iron ores and concentrates, non-agglomerated into Greece soared to 204 tons, surging by 141% against the previous year's figure. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, iron ore and concentrate, non-agglomerated imports surged to $100K in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Iron Ore and Concentrate, Non-Agglomerated in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A20.2N/A40.842.1%
Netherlands20.08.024.220.40.7%
France20.713.713.819.4-2.1%
SpainN/AN/AN/A9.60%
United KingdomN/AN/A0.26.33050.0%
SwedenN/A5.82.43.7-20.1%
ItalyN/A9.58.6N/A-9.5%
Others0.6N/A0.2N/A-42.3%
Total41.457.149.410034.2%

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

  1. Germany (80.8 tons)
  2. France (55.1 tons)
  3. Spain (30.7 tons)
  4. Netherlands (28.0 tons)
  5. United Kingdom (5.7 tons)
  6. Sweden (3.9 tons)

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

In 2022, shipments abroad of iron ores and concentrates, non-agglomerated decreased by -76.2% to 792 kg, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 322% against the previous year. As a result, the exports attained the peak of 4.4 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, iron ore and concentrate, non-agglomerated exports totaled $6K in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 319% against the previous year. As a result, the exports reached the peak of $6.4K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Iron Ore and Concentrate, Non-Agglomerated in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus0.1N/AN/A5.2273.3%
Albania1.50.85.50.7-22.4%
BulgariaN/A5.6N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.56.45.56.058.7%

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

  1. Albania (413.0 kg)
  2. Cyprus (378.0 kg)

Source: IndexBox Market Intelligence Platform

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