Price for Iron Ore and Concentrate, Non-Agglomerated in Switzerland - 2023
Contents:
- Price for Iron Ore and Concentrate, Non-Agglomerated in Switzerland (CIF) - 2023
- Price for Iron Ore and Concentrate, Non-Agglomerated in Switzerland (FOB) - 2022
- Imports of Iron Ore and Concentrate, Non-Agglomerated in Switzerland
- Exports of Iron Ore and Concentrate, Non-Agglomerated in Switzerland
Price for Iron Ore and Concentrate, Non-Agglomerated in Switzerland (CIF) - 2023
The average import price for iron ores and concentrates, non-agglomerated stood at $86.4 per ton in August 2023, declining by -11% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 347% month-to-month. As a result, import price attained the peak level of $458 per ton. From February 2023 to August 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($244 per ton), while the price for Germany stood at $53.0 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Norway (-0.0%), while the prices for the other major suppliers experienced a decline.
Price for Iron Ore and Concentrate, Non-Agglomerated in Switzerland (FOB) - 2022
The average export price for iron ores and concentrates, non-agglomerated stood at $2,543 per ton in 2022, growing by 338% against the previous year. Overall, the export price, however, recorded a abrupt downturn. The growth pace was the most rapid in 2018 when the average export price increased by 1,144% against the previous year. Over the period under review, the average export prices reached the maximum at $7,847 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($9,704 per ton), while the average price for exports to Germany ($1,872 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 Poland (+11.3%), while the prices for the other major destinations experienced a decline.
Imports of Iron Ore and Concentrate, Non-Agglomerated in Switzerland
In 2022, approx. 14K tons of iron ores and concentrates, non-agglomerated were imported into Switzerland; picking up by 4.8% against the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, iron ore and concentrate, non-agglomerated imports contracted to $951K in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 32%. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Iron Ore and Concentrate, Non-Agglomerated in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 765 | 1,149 | 907 | 793 | 1.2% |
Sweden | 154 | 49.1 | 5.8 | 97.2 | -14.2% |
Others | 57.0 | 93.3 | 119 | 60.1 | 1.8% |
Total | 976 | 1,291 | 1,032 | 951 | -0.9% |
Top Suppliers of Iron Ore and Concentrate, Non-Agglomerated to Switzerland in 2022:
- Germany (13.0K tons)
- Sweden (0.4K tons)
Exports of Iron Ore and Concentrate, Non-Agglomerated in Switzerland
After three years of growth, shipments abroad of iron ores and concentrates, non-agglomerated decreased by -98.9% to 4.3 tons in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 4,140%. As a result, the exports reached the peak of 384 tons, and then shrank dramatically in the following year.
In value terms, iron ore and concentrate, non-agglomerated exports reduced remarkably to $11K in 2022. In general, exports continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2021 with an increase of 1,087%. As a result, the exports attained the peak of $223K, and then reduced sharply in the following year.
Export of Iron Ore and Concentrate, Non-Agglomerated in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 5.2 | 8.2 | 1.7 | 6.9 | 9.9% |
United States | 1.1 | 0.8 | 1.6 | 3.1 | 41.3% |
Poland | N/A | N/A | N/A | 0.9 | 0% |
France | N/A | N/A | 207 | N/A | 0% |
Others | 6.0 | 9.8 | 12.8 | N/A | 46.1% |
Total | 12.2 | 18.8 | 223 | 10.9 | -3.7% |
Top Export Markets for Iron Ore and Concentrate, Non-Agglomerated from Switzerland in 2022:
- Germany (3.7 tons)
- United States (0.5 tons)
- Poland (0.1 tons)
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