Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Denmark - 2023

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Denmark (CIF) - 2023
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Denmark (FOB) - 2022
3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Denmark
4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Denmark

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Denmark (CIF) - 2023

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $9,092 per ton in August 2023, with a decrease of -22.4% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 158% month-to-month. Over the period under review, average import prices reached the peak figure at $12,496 per ton in May 2023; however, from June 2023 to August 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From December 2022 to August 2023, the rate of growth in terms of prices for Sweden amounted to +12.4% per month.

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

In 2022, the average export price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $33,790 per ton, with an increase of 95% against the previous year. Over the period under review, the export price saw significant growth. The most prominent rate of growth was recorded in 2019 an increase of 840%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($147,851 per ton), while the average price for exports to Norway ($4,677 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 Israel (+196.9%), 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 Denmark

In 2022, purchases abroad of granules and powders, of pig iron, spiegeleisen, iron or steels decreased by -33.1% to 3.4K tons, falling for the second year in a row after two years of growth. In general, imports faced a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by 4.2%. As a result, imports attained the peak of 6.7K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels rose significantly to $26M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.3% 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 +49.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

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

1. Germany (1451.8 tons)
2. Sweden (894.7 tons)
3. Spain (512.5 tons)
4. United States (280.5 tons)
5. Belgium (81.9 tons)
6. Brazil (81.0 tons)
7. Netherlands (33.8 tons)
8. Czech Republic (8.3 tons)
9. Austria (7.9 tons)
10. United Kingdom (6.4 tons)

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

For the third consecutive year, Denmark recorded decline in overseas shipments of granules and powders, of pig iron, spiegeleisen, iron or steels, which decreased by -31.1% to 47 tons in 2022. Overall, exports faced a precipitous slump. The smallest decline of -3.7% was in 2021.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels surged to $1.6M in 2022. Over the period under review, exports recorded a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 472%.

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

1. United Arab Emirates (24.1 tons)
2. Serbia (7.2 tons)
3. United States (5.0 tons)
4. Japan (3.6 tons)
5. Israel (3.0 tons)
6. Ukraine (2.2 tons)
7. Norway (1.3 tons)