Price for Iron Ore and Concentrate, Non-Agglomerated in Luxembourg - 2023
Contents:
- Price for Iron Ore and Concentrate, Non-Agglomerated in Luxembourg (CIF) - 2022
- Imports of Iron Ore and Concentrate, Non-Agglomerated in Luxembourg
Price for Iron Ore and Concentrate, Non-Agglomerated in Luxembourg (CIF) - 2022
In 2022, the average import price for iron ores and concentrates, non-agglomerated amounted to $8,326 per ton, which is down by -15.8% against the previous year. In general, the import price, however, showed a resilient increase. The growth pace was the most rapid in 2017 an increase of 399% against the previous year. Over the period under review, average import prices hit record highs at $10,229 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
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 Germany ($11,907 per ton), while the price for Uruguay ($580 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7,598.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Iron Ore and Concentrate, Non-Agglomerated in Luxembourg
In 2022, imports of iron ores and concentrates, non-agglomerated into Luxembourg declined to 708 kg, shrinking by -8.6% compared with 2021 figures. Over the period under review, imports saw a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 107% against the previous year.
In value terms, iron ore and concentrate, non-agglomerated imports declined dramatically to $5.9K in 2022. In general, imports, however, saw prominent growth. The growth pace was the most rapid in 2021 when imports increased by 132% against the previous year. As a result, imports attained the peak of $7.7K, and then dropped sharply in the following year.
| Import of Iron Ore and Concentrate, Non-Agglomerated in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.1 | 2.7 | 3.8 | 4.4 | 28.0% |
| Belgium | 0.1 | N/A | N/A | 1.4 | 141.0% |
| South Korea | 0.1 | N/A | N/A | N/A | 0% |
| China | 0.1 | N/A | N/A | N/A | 0% |
| Malaysia | 0.1 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | N/A | N/A | N/A | 0% |
| Uruguay | N/A | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | 3.4 | N/A | 0% |
| Canada | N/A | N/A | 0.1 | N/A | 0% |
| Others | 1.2 | 0.5 | 0.3 | N/A | -50.0% |
| Total | 3.8 | 3.3 | 7.7 | 5.9 | 15.8% |
Top Suppliers of Iron Ore and Concentrate, Non-Agglomerated to Luxembourg in 2022:
- Germany (370.0 kg)
- Belgium (252.0 kg)
- Uruguay (43.0 kg)
- Canada (12.0 kg)
- China (12.0 kg)
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