Price for Powders of Pig Iron in Norway - 2023

Contents:

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

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

The average powders of pig iron import price stood at $1,466 per ton in 2022, declining by -16.3% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 37%. As a result, import price reached the peak level of $1,904 per ton. From 2020 to 2022, the average import prices remained at a somewhat 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 the Netherlands ($2,846 per ton), while the price for the Czech Republic ($1,216 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average powders of pig iron export price amounted to $5,101 per ton, leveling off at the previous year. Over the period under review, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2019 an increase of 313% against the previous year. As a result, the export price reached the peak level of $31,889 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($9,953 per ton), while the average price for exports to Faroe Islands totaled $2,426 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+108.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Powders of Pig Iron in Norway

In 2022, purchases abroad of powders of pig ira was finally on the rise to reach 240 tons after two years of decline. In general, imports, however, saw a drastic downturn.

In value terms, powders of pig iron imports surged to $352K in 2022. Overall, imports, however, faced a abrupt decline.

Import of Powders of Pig Iron in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany281161152236-5.7%
Netherlands6.448.21.837.179.6%
Czech Republic68.154.421.126.8-26.7%
United Kingdom11736.86.218.6-45.8%
Sweden41.788.946.39.2-39.6%
France2.01.1N/A7.253.3%
RussiaN/A19.410.80.4-85.6%
Others13714.042.916.1-51.0%
Total653423281352-18.6%

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

  1. Russia (undefined tons)
  2. Germany (192.5 tons)
  3. Czech Republic (22.0 tons)
  4. Netherlands (13.0 tons)
  5. Sweden (5.9 tons)
  6. France (4.0 tons)
  7. United Kingdom (1.7 tons)

Exports of Powders of Pig Iron in Norway

In 2022, overseas shipments of powders of pig ira decreased by 0% to 9 tons, falling for the second year in a row after two years of growth. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 150%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, powders of pig iron exports totaled $46K in 2022. Over the period under review, exports posted prominent growth. The smallest decline of -71.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Powders of Pig Iron in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Faroe IslandsN/AN/AN/A20.40%
AustriaN/AN/AN/A5.30%
ChinaN/A1.2N/AN/A0%
United KingdomN/A5.0N/AN/A0%
PolandN/A1.0N/AN/A0%
United Arab Emirates21.9N/AN/AN/A0%
Others6.00.6N/A20.149.6%
Total27.97.8N/A45.818.0%

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

  1. Faroe Islands (8.4 tons)
  2. Austria (0.5 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Iron or steel, pig iron, spiegeleisen; powders (excluding alloy steel) - Norway