Price for Powders of Pig Iron in Belgium - 2023

Contents:

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

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

In 2022, the average powders of pig iron import price amounted to $1,337 per ton, growing by 20% against the previous year. In general, the import price, however, showed a mild slump. The import price peaked at $1,493 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,259 per ton), while the price for Canada ($938 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average powders of pig iron export price stood at $1,626 per ton in 2022, picking up by 16% against the previous year. Over the period under review, the export price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2015 an increase of 80% against the previous year. The export price peaked at $5,609 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($3,893 per ton), while the average price for exports to France ($372 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 Philippines (+161.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Powders of Pig Iron in Belgium

After three years of growth, supplies from abroad of powders of pig ira decreased by -6.6% to 14K tons in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 148% against the previous year.

In value terms, powders of pig iron imports rose rapidly to $19M in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 86% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Powders of Pig Iron in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada0.14.05.75.4278.0%
Sweden4.63.44.75.24.2%
United States0.73.22.43.571.0%
ChinaN/A0.22.22.5253.6%
Germany0.10.40.50.9108.0%
Netherlands0.20.30.60.426.0%
Others0.60.40.70.914.5%
Total6.411.916.718.843.2%

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

  1. Canada (5.8K tons)
  2. Sweden (4.4K tons)
  3. United States (1.6K tons)
  4. China (1.1K tons)
  5. Germany (0.5K tons)
  6. Netherlands (0.4K tons)

Exports of Powders of Pig Iron in Belgium

After three years of growth, overseas shipments of powders of pig ira decreased by -8.4% to 7.5K tons in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 181%.

In value terms, powders of pig iron exports expanded markedly to $12M in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 198%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Powders of Pig Iron in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany38.05,4567,1777,869491.6%
Romania3.16.89991,079603.4%
Italy65.658.4601744124.7%
Poland30.9665950701183.1%
France14.7223150541232.6%
Spain3.7150142278322.0%
United Kingdom12939.218825024.7%
Philippines710N/A76.2N/A-67.2%
Others1,7721,6521,191754-24.8%
Total2,7678,25011,47412,21664.0%

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

  1. Germany (4120.8 tons)
  2. France (1451.8 tons)
  3. United Kingdom (631.6 tons)
  4. Poland (526.0 tons)
  5. Romania (277.1 tons)
  6. Italy (217.4 tons)
  7. Spain (125.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Iron or steel, pig iron, spiegeleisen; powders (excluding alloy steel) - Belgium