Price for Powders of Pig Iron in Portugal - 2023

Price for Powders of Pig Iron in Portugal (CIF) - 2022

In 2022, the average powders of pig iron import price amounted to $1,142 per ton, with an increase of 1.9% against the previous year. In general, the import price, however, showed a deep slump. The pace of growth appeared the most rapid in 2013 an increase of 24% against the previous year. As a result, import price reached the peak level of $2,925 per ton. From 2014 to 2022, the average 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 Sweden ($1,876 per ton), while the price for Spain ($1,106 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+1.4%), while the prices for the other major suppliers experienced a decline.

Price for Powders of Pig Iron in Portugal (FOB) - 2022

In 2022, the average powders of pig iron export price amounted to $1,670 per ton, declining by -19.5% against the previous year. Overall, the export price showed a abrupt decrease. The pace of growth was the most pronounced in 2016 when the average export price increased by 352% against the previous year. The export price peaked at $39,761 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($1,674 per ton), while the average price for exports to Latvia stood at $1,492 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+26.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Powders of Pig Iron in Portugal

In 2022, approx. 11K tons of powders of pig ira were imported into Portugal; picking up by 3.5% on the previous year. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 4,021%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, powders of pig iron imports rose markedly to $13M in 2022. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 1,875% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Powders of Pig Iron in Portugal (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	N/A	0.1	11.2	12.4	1013.6%
Germany	0.2	0.2	0.5	0.3	14.5%
Denmark	N/A	N/A	0.2	N/A	0%
Others	0.5	0.4	0.4	0.4	-7.2%
Total	0.7	0.6	12.4	13.1	165.5%

Top Suppliers of Powders of Pig Iron to Portugal in 2022:

Spain (11.2K tons)
Germany (0.2K tons)

Exports of Powders of Pig Iron in Portugal

In 2022, the amount of powders of pig ira exported from Portugal dropped markedly to 118 tons, falling by -41.1% on the year before. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 3,494% against the previous year. As a result, the exports attained the peak of 200 tons, and then shrank dramatically in the following year.

In value terms, powders of pig iron exports reduced rapidly to $197K in 2022. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 4,349%. As a result, the exports attained the peak of $416K, and then contracted dramatically in the following year.