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

Contents:

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

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

The average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $12,811 per ton in 2022, with an increase of 54% against the previous year. In general, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 an increase of 77% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($15,085 per ton), while the average price for exports to the United States totaled $12,490 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.4%).

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

In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $5,374 per ton, waning by -7.8% against the previous year. Overall, the import price, however, recorded prominent growth. The pace of growth was the most pronounced in 2017 an increase of 930% against the previous year. As a result, import price reached the peak level of $62,625 per ton. From 2018 to 2022, the average import prices remained at a 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 Poland ($15,168 per ton), while the price for the United States ($1,869 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses from Denmark contracted notably to 41 tons, reducing by -46.4% against 2021. Overall, exports, however, saw a measured increase. The most prominent rate of growth was recorded in 2021 with an increase of 146%. As a result, the exports attained the peak of 77 tons, and then contracted sharply in the following year.

In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses declined markedly to $530K in 2022. Over the period under review, exports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 87% against the previous year. As a result, the exports reached the peak of $643K, and then dropped rapidly in the following year.

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

1. United States (39.8 tons)
2. China (1.4 tons)

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

In 2022, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses into Denmark surged to 62 tons, growing by 84% against the previous year. Overall, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 311% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses surged to $331K in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Sweden (50.0 tons)
2. United States (9.5 tons)
3. Poland (1.2 tons)
4. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform