China - Pig Iron And Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPig Iron Prices in China
China Pig Iron Import Price in September 2022
In September 2022, the pig iron price stood at $464 per ton (CIF, China), waning by -5% against the previous month. In general, the import price recorded a noticeable shrinkage. The pace of growth was the most pronounced in July 2022 an increase of 181% month-to-month. As a result, import price attained the peak level of $1,555 per ton. From August 2022 to September 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From January 2022 to September 2022, the rate of growth in terms of prices for India amounted to +1.7% per month.
China Pig Iron Imports
In September 2022, the amount of pig iron and spiegeleisen imported into China contracted to 108K tons, which is down by -14.4% on the previous month. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in August 2022 when imports increased by 4,534% against the previous month. Over the period under review, imports hit record highs at 229K tons in January 2022; however, from February 2022 to September 2022, imports stood at a somewhat lower figure.
In value terms, pig iron imports dropped sharply to $50M (IndexBox estimates) in September 2022. Overall, imports faced a deep reduction. The growth pace was the most rapid in August 2022 when imports increased by 1,354% against the previous month. Imports peaked at 126K tons in January 2022; however, from February 2022 to September 2022, imports stood at a somewhat lower figure.
China Pig Iron Imports by Country
In September 2022, Russia (106K tons) was the main supplier of pig iron to China, accounting for a approximately 99% share of total imports.
From January 2022 to September 2022, the average monthly growth rate of volume from Russia totaled +11.2%.
In value terms, Russia ($47M) constituted the largest supplier of pig iron to China.
From January 2022 to September 2022, the average monthly growth rate of value from Russia stood at +8.2%.
This report provides an in-depth analysis of the pig iron market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24101100 - Pig iron and spiegeleisen in pigs, blocks or other primary forms
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
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This report provides an in-depth analysis of the pig iron market in China.
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This report provides an in-depth analysis of the iron and steel market in China.
3857
This report provides an in-depth analysis of the global pig iron market.
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This report provides an in-depth analysis of the global iron and steel market.
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This report provides an in-depth analysis of the pig iron market in China.
274
This report provides an in-depth analysis of the iron and steel market in China.
3857
This report provides an in-depth analysis of the global pig iron market.
828
This report provides an in-depth analysis of the global iron and steel market.
1050
Last year, China rapidly boosted pig iron imports from $376M to $2B. In physical terms, purchases grew from 988K tons to 5.6M tons. Brazil, Russia and Ukraine became the largest suppliers of pig iron to China, accounting for 73% of total import volume. Shipments from Brazil spiked from 8.8K tons in 2019 to 2.1M tons in 2020, while Russian supplies grew from 34K tons to 1.4M tons. The average import price for pig iron dropped by -3.8% y-o-y to $366 per ton in 2020.
167
The article discusses China's steel industry's challenges in adopting green technologies, policy shifts, emissions progress, and the impact of carbon trading.
150
In 2024, global pig iron production faced a 1.3% decline, totaling 1.391 billion tons. Notable was the rise of Ukraine's production amidst industry challenges.
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Discover the leading countries in the global import market for pig iron and the factors driving their high import volumes. Gain insights into the key players and trends shaping the industry.
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In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...
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In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...
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Discover the leading countries in the global iron and steel import market and their key statistics. Learn about the trends and factors driving the demand for these crucial materials.
1050
Last year, China rapidly boosted pig iron imports from $376M to $2B. In physical terms, purchases grew from 988K tons to 5.6M tons. Brazil, Russia and Ukraine became the largest suppliers of pig iron to China, accounting for 73% of total import volume. Shipments from Brazil spiked from 8.8K tons in 2019 to 2.1M tons in 2020, while Russian supplies grew from 34K tons to 1.4M tons. The average import price for pig iron dropped by -3.8% y-o-y to $366 per ton in 2020.
167
The article discusses China's steel industry's challenges in adopting green technologies, policy shifts, emissions progress, and the impact of carbon trading.
150
In 2024, global pig iron production faced a 1.3% decline, totaling 1.391 billion tons. Notable was the rise of Ukraine's production amidst industry challenges.
