Price for Iron Ore and Concentrate, Non-Agglomerated in Poland - 2023
Contents:
- Price for Iron Ore and Concentrate, Non-Agglomerated in Poland (CIF) - 2023
- Price for Iron Ore and Concentrate, Non-Agglomerated in Poland (FOB) - 2022
- Imports of Iron Ore and Concentrate, Non-Agglomerated in Poland
- Exports of Iron Ore and Concentrate, Non-Agglomerated in Poland
Price for Iron Ore and Concentrate, Non-Agglomerated in Poland (CIF) - 2023
The average import price for iron ores and concentrates, non-agglomerated stood at $104 per ton in June 2023, standing approximately at the previous month. In general, the import price, however, saw a slight descent. The pace of growth appeared the most rapid in January 2023 an increase of 32% month-to-month. Over the period under review, average import prices reached the peak figure at $132 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Sweden ($207 per ton), while the price for Luxembourg ($75.0 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Sweden (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron Ore and Concentrate, Non-Agglomerated in Poland (FOB) - 2022
In 2022, the average export price for iron ores and concentrates, non-agglomerated amounted to $137 per ton, reducing by -23% against the previous year. In general, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2016 when the average export price increased by 85% against the previous year. As a result, the export price attained the peak level of $444 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($455 per ton), while the average price for exports to Germany ($128 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 Russia (+15.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron Ore and Concentrate, Non-Agglomerated in Poland
In 2022, iron ore and concentrate, non-agglomerated imports into Poland reduced sharply to 3.9M tons, which is down by -20.9% compared with the previous year. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 16%.
In value terms, iron ore and concentrate, non-agglomerated imports shrank dramatically to $481M in 2022. Overall, imports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. As a result, imports attained the peak of $717M, and then dropped remarkably in the following year.
Import of Iron Ore and Concentrate, Non-Agglomerated in Poland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | 395 | 317 | 528 | 371 | -2.1% |
Liberia | 24.4 | 52.9 | 81.0 | 46.4 | 23.9% |
Mauritania | 24.2 | 19.8 | 21.7 | 38.8 | 17.0% |
South Africa | 37.1 | 7.8 | 75.3 | 8.6 | -38.6% |
Brazil | 16.6 | N/A | 9.2 | 5.2 | -32.1% |
Others | 2.7 | 2.1 | 1.4 | 11.8 | 63.5% |
Total | 500 | 400 | 717 | 481 | -1.3% |
Top Suppliers of Iron Ore and Concentrate, Non-Agglomerated to Poland in 2022:
- Ukraine (3010.6K tons)
- Liberia (492.4K tons)
- Mauritania (254.5K tons)
- South Africa (51.6K tons)
- Brazil (44.4K tons)
Exports of Iron Ore and Concentrate, Non-Agglomerated in Poland
In 2022, approx. 4.7 tons of iron ores and concentrates, non-agglomerated were exported from Poland; which is down by -23.7% on the previous year's figure. Overall, exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 667%.
In value terms, iron ore and concentrate, non-agglomerated exports shrank markedly to $640 in 2022. Over the period under review, exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 471% against the previous year.
Export of Iron Ore and Concentrate, Non-Agglomerated in Poland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | N/A | N/A | 0.4 | 0% |
Czech Republic | N/A | N/A | N/A | 0.2 | 0% |
Russia | 6.7 | 0.2 | N/A | N/A | -97.0% |
Turkey | N/A | N/A | 1.1 | N/A | 0% |
Ukraine | 28.8 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 35.5 | 0.2 | 1.1 | 0.6 | -74.3% |
Top Export Markets for Iron Ore and Concentrate, Non-Agglomerated from Poland in 2022:
- Russia (undefined tons)
- Germany (3.3 tons)
- Czech Republic (1.4 tons)
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