Price for Powders of Pig Iron in Luxembourg - 2023

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

In 2022, the average powders of pig iron import price amounted to $1,583 per ton, growing by 3.4% against the previous year. Over the period under review, the import price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2018 an increase of 98%. Over the period under review, average import prices hit record highs at $6,562 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 France ($17,869 per ton), while the price for Germany ($1,358 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average powders of pig iron export price stood at $170,234 per ton in 2022, increasing by 80% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powders of pig iron export price increased by +80.5% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($185,155 per ton), while the average price for exports to Bulgaria totaled $49,858 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+12.8%).

Imports of Powders of Pig Iron in Luxembourg

In 2022, purchases abroad of powders of pig ira decreased by -6.9% to 136 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.0% 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 +86.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 67%.

In value terms, powders of pig iron imports declined to $215K in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 38% against the previous year. As a result, imports reached the peak of $268K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Powders of Pig Iron in Luxembourg (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	95.0	118	188	179	23.5%
Netherlands	N/A	14.2	16.1	20.5	20.2%
United Kingdom	40.5	116	N/A	0.5	-76.9%
Others	59.3	20.2	18.8	14.3	-37.8%
Total	195	268	223	215	3.3%

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

Germany (132.0 tons)
Netherlands (2.2 tons)
United Kingdom (0.1 tons)

Exports of Powders of Pig Iron in Luxembourg

In 2022, shipments abroad of powders of pig ira increased by 130% to 1.6 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a modest increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, powders of pig iron exports surged to $270K in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.