Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Australia - 2024

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Australia (CIF) - 2022
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Australia (FOB) - 2022
3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Australia
4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Australia

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Australia (CIF) - 2022

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $1,146 per ton in 2022, increasing by 1.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2019 an increase of 25%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

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 Sweden ($2,390 per ton), while the price for the UK ($532 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Australia (FOB) - 2022

The average export price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $1,064 per ton in 2022, picking up by 8.9% against the previous year. In general, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 116%. Over the period under review, the average export prices reached the maximum at $1,389 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($4,466 per ton), while the average price for exports to Indonesia ($758 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 Sweden (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Australia

After three years of growth, purchases abroad of granules and powders, of pig iron, spiegeleisen, iron or steels decreased by -3.3% to 6.3K tons in 2022. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, imports reached the peak of 6.5K tons, and then fell slightly in the following year.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels declined to $7.2M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +50.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. As a result, imports reached the peak of $7.3M, and then shrank slightly in the following year.

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Australia in 2022:

1. China (4335.7 tons)
2. Thailand (567.3 tons)
3. Canada (517.8 tons)
4. South Africa (229.3 tons)
5. Sweden (170.9 tons)
6. United States (137.0 tons)
7. Brazil (101.2 tons)
8. United Kingdom (23.8 tons)

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Australia

In 2022, the amount of granules and powders, of pig iron, spiegeleisen, iron or steels exported from Australia contracted notably to 117 tons, with a decrease of -61% against the previous year's figure. In general, exports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 101% against the previous year.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels shrank rapidly to $124K in 2022. Overall, exports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 205%.

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Australia in 2022:

1. Indonesia (74.3 tons)
2. New Zealand (30.7 tons)
3. Sweden (8.4 tons)
4. Taiwan (Chinese) (2.5 tons)
5. United States (1.1 tons)