Price for Powders of Pig Iron in Serbia - 2023

Contents:

1. Price for Powders of Pig Iron in Serbia (FOB) - 2022
2. Price for Powders of Pig Iron in Serbia (CIF) - 2022
3. Exports of Powders of Pig Iron in Serbia
4. Imports of Powders of Pig Iron in Serbia

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

The average powders of pig iron export price stood at $2,109 per ton in 2022, picking up by 22% against the previous year. Overall, the export price, however, showed a abrupt shrinkage. The export price peaked at $10,587 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Turkey ($2,165 per ton) and Germany ($2,099 per ton), while the average price for exports to Italy ($1,778 per ton) and Romania ($1,925 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average powders of pig iron import price amounted to $1,636 per ton, falling by -17.6% against the previous year. In general, the import price recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2021 an increase of 15% against the previous year. Over the period under review, average import prices hit record highs at $2,524 per ton in 2012; however, from 2013 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 Bosnia and Herzegovina ($13,429 per ton), while the price for Russia ($1,352 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Powders of Pig Iron in Serbia

For the fourth consecutive year, Serbia recorded growth in overseas shipments of powders of pig ira, which increased by 29% to 303 tons in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 138%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, powders of pig iron exports soared to $639K in 2022. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 176% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Powders of Pig Iron from Serbia in 2022:

1. Turkey (156.5 tons)
2. Italy (78.8 tons)
3. Romania (27.1 tons)
4. Germany (24.0 tons)
5. Netherlands (15.0 tons)

Imports of Powders of Pig Iron in Serbia

For the fourth year in a row, Serbia recorded growth in overseas purchases of powders of pig ira, which increased by 100% to 302 tons in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, powders of pig iron imports surged to $495K in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 83%. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. Russia (241.0 tons)
2. Sweden (29.0 tons)
3. China (15.2 tons)
4. Czech Republic (8.2 tons)
5. Italy (5.2 tons)

Source: IndexBox Market Intelligence Platform