Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Portugal - 2022

Contents:

  1. Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Portugal (CIF) - 2022
  2. Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Portugal

Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Portugal (CIF) - 2022

The average import price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) stood at $1,809 per ton in 2022, picking up by 15% against the previous year. Overall, the import price, however, showed a perceptible downturn. The import price peaked at $2,825 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -4.4% per year.

Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Portugal

In 2022, supplies from abroad of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) decreased by -74.8% to 5.3 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 2,384% against the previous year. As a result, imports reached the peak of 597 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) shrank remarkably to $9.5K in 2022. Over the period under review, imports recorded a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 2,646%. As a result, imports reached the peak of $856K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain31.285632.99.5-32.7%
OthersN/AN/AN/AN/A0%
Total31.285632.99.5-32.7%

Top Suppliers of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) to Portugal in 2022:

  1. Spain (5.3 tons)

Source: IndexBox Market Intelligence Platform

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