Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Lithuania - 2023
Contents:
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Lithuania (CIF) - 2022
- Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Lithuania
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Lithuania (CIF) - 2022
In 2022, the average import price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $197 per ton, declining by -5.6% against the previous year. Over the period under review, the import price, however, posted a slight increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 62%. As a result, import price reached the peak level of $208 per ton, and then contracted in the following year.
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 Turkey ($258 per ton), while the price for India ($0.9 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+41.4%).
Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Lithuania
In 2022, the amount of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) imported into Lithuania skyrocketed to 336 tons, increasing by 6,710% on 2021 figures. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) skyrocketed to $66K in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Netherlands | N/A | N/A | 41.5 | 0% | |
China | N/A | N/A | 21.9 | 0% | |
Turkey | 3.0 | 1.0 | 2.0 | -18.4% | |
India | N/A | N/A | N/A | 0% | |
Others | N/A | N/A | 0.6 | 0% | |
Total | 3.0 | 1.0 | 66.1 | 369.4% |
Top Suppliers of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) to Lithuania in 2022:
- Netherlands (173.2 tons)
- China (143.5 tons)
- Turkey (7.7 tons)
- India (7.5 tons)
This report provides an in-depth analysis of the iron ore market in Lithuania.
This report provides an in-depth analysis of the roasted iron pyrites market in Lithuania.
This report provides an in-depth analysis of the global iron ore market.
This report provides an in-depth analysis of the global iron ore market.
This report provides an in-depth analysis of the global roasted iron pyrites market.
This report provides an in-depth analysis of the iron ore market in Lithuania.
This report provides an in-depth analysis of the roasted iron pyrites market in Lithuania.
This report provides an in-depth analysis of the global iron ore market.
This report provides an in-depth analysis of the global iron ore market.
This report provides an in-depth analysis of the global roasted iron pyrites market.
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Explore the top import markets for iron ore, including China, Japan, South Korea, and more. Learn about the key statistics and import values of these countries. Discover valuable insights using the IndexBox market intelligence platform.
Iron ore prices are forecast to drop by 20% y/y to $130 per ton in 2022 due to rising global production.