Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Ireland - 2023

Contents:

1. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Ireland (CIF) - 2022
2. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Ireland (FOB) - 2022
3. Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Ireland
4. Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Ireland

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Ireland (CIF) - 2022

The average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $14,519 per ton in 2022, growing by 242% against the previous year. Over the period under review, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($300,466 per ton), while the price for the UK ($4,003 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+22.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Ireland (FOB) - 2022

In 2022, the average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $12,538 per ton, which is down by -42.2% against the previous year. In general, the export price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 225% against the previous year. The export price peaked at $21,688 per ton in 2021, and then declined sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +774.3% per year.

Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Ireland

In 2022, after two years of growth, there was decline in purchases abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses, when their volume decreased by -3% to 27 tons. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 1,503%. As a result, imports reached the peak of 28 tons, and then fell slightly in the following year.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses soared to $397K in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 901%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Ireland in 2022:

1. United Kingdom (24.8 tons)
2. Netherlands (1.4 tons)
3. Bulgaria (1.0 tons)

Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Ireland

In 2022, after two years of decline, there was significant growth in shipments abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses, when their volume increased by 6,002% to 2.9 tons. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses surged to $37K in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Ireland in 2022:

1. United Kingdom (2.9 tons)

Source: IndexBox Market Intelligence Platform