Price for Iron Oxides and Hydroxides in France - 2023
Contents:
- Price for Iron Oxides and Hydroxides in France (CIF) - 2022
- Price for Iron Oxides and Hydroxides in France (FOB) - 2022
- Imports of Iron Oxides and Hydroxides in France
- Exports of Iron Oxides and Hydroxides in France
Price for Iron Oxides and Hydroxides in France (CIF) - 2022
The average iron oxides and hydroxides import price stood at $1,552 per ton in 2022, rising by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2021 when the average import price increased by 18% against the previous year. The import price peaked at $1,725 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 Belgium ($2,265 per ton), while the price for South Africa ($306 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron Oxides and Hydroxides in France (FOB) - 2022
The average iron oxides and hydroxides export price stood at $840 per ton in 2022, with an increase of 6.9% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 45%. Over the period under review, the average export prices attained the peak figure at $1,052 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1,484 per ton), while the average price for exports to Japan ($441 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 the Netherlands (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron Oxides and Hydroxides in France
In 2022, the amount of iron oxides and hydroxideses imported into France skyrocketed to 27K tons, picking up by 36% compared with the previous year. Overall, total imports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +2.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, iron oxides and hydroxides imports skyrocketed to $43M in 2022. Over the period under review, imports continue to indicate strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron Oxides and Hydroxides in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.9 | 9.1 | 12.4 | 17.6 | 21.1% |
| China | 3.9 | 3.6 | 4.0 | 5.6 | 12.8% |
| Belgium | 1.0 | 2.0 | 3.1 | 4.4 | 63.9% |
| Italy | 1.7 | 1.7 | 2.4 | 3.4 | 26.0% |
| Spain | 0.9 | 0.9 | 1.4 | 1.9 | 28.3% |
| Czech Republic | 0.9 | 0.8 | 1.0 | 1.4 | 15.9% |
| United Kingdom | 0.9 | 0.7 | 0.7 | 1.1 | 6.9% |
| Netherlands | 0.2 | 0.3 | 0.6 | 0.8 | 58.7% |
| Israel | 0.6 | 0.3 | 0.4 | 0.6 | 0.0% |
| Canada | 0.4 | N/A | N/A | 0.2 | -20.6% |
| South Africa | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Others | 6.2 | 3.3 | 2.6 | 5.6 | -3.3% |
| Total | 26.7 | 22.6 | 28.4 | 42.6 | 16.9% |
Top Suppliers of Iron Oxides and Hydroxides to France in 2022:
- Germany (8.2K tons)
- Italy (7.5K tons)
- China (3.0K tons)
- Spain (2.4K tons)
- Belgium (1.9K tons)
- Czech Republic (1.2K tons)
- Netherlands (0.8K tons)
- United Kingdom (0.6K tons)
- Canada (0.5K tons)
- Israel (0.3K tons)
- South Africa (0.3K tons)
Exports of Iron Oxides and Hydroxides in France
Iron oxides and hydroxides exports from France fell to 19K tons in 2022, waning by -10% compared with 2021 figures. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year.
In value terms, iron oxides and hydroxides exports reduced modestly to $16M in 2022. In general, exports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 5% against the previous year.
| Export of Iron Oxides and Hydroxides in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 5.0 | 4.4 | 3.0 | 3.2 | -13.8% |
| Italy | 4.6 | 3.2 | 3.9 | 3.0 | -13.3% |
| Germany | 6.4 | 1.2 | 1.3 | 2.3 | -28.9% |
| Netherlands | 0.9 | 1.1 | 2.3 | 1.9 | 28.3% |
| Spain | 1.9 | 1.4 | 2.1 | 1.7 | -3.6% |
| Poland | 0.6 | 0.4 | 0.8 | 0.6 | 0.0% |
| Japan | 0.5 | 0.2 | 0.5 | 0.4 | -7.2% |
| Malaysia | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Others | 3.9 | 4.0 | 2.7 | 2.9 | -9.4% |
| Total | 23.9 | 16.1 | 16.9 | 16.2 | -12.2% |
Top Export Markets for Iron Oxides and Hydroxides from France in 2022:
- Italy (5.0K tons)
- Germany (3.6K tons)
- Spain (3.4K tons)
- Belgium (3.0K tons)
- Netherlands (1.3K tons)
- Japan (0.9K tons)
- Poland (0.8K tons)
- Malaysia (0.4K tons)
668
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This report provides an in-depth analysis of the global iron oxide pigment market.
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