Report Update Nov 1, 2024

Germany - Pig Iron and Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights

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Germany: Pig Iron Market 2022

Pig Iron Market Size in Germany

In 2021, the German pig iron market was finally on the rise to reach $X for the first time since 2012, thus ending a eight-year declining trend. In general, consumption, however, showed a abrupt slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Pig Iron Production in Germany

In value terms, pig iron production reached $X in 2021 estimated in export price. In general, production saw a abrupt setback. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Pig Iron Exports

Exports from Germany

In 2021, pig iron exports from Germany fell sharply to X tons, dropping by -15.2% on 2020 figures. Overall, exports, however, showed a perceptible increase. The growth pace was the most rapid in 2017 when exports increased by 74% against the previous year. The exports peaked at X tons in 2020, and then contracted remarkably in the following year.

In value terms, pig iron exports surged to $X in 2021. In general, exports, however, posted measured growth. The pace of growth appeared the most rapid in 2017 with an increase of 97%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Turkey (X tons) was the main destination for pig iron exports from Germany, accounting for a 27% share of total exports. Moreover, pig iron exports to Turkey exceeded the volume sent to the second major destination, Poland (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to Turkey amounted to +15.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+5.0% per year) and Italy (+7.6% per year).

In value terms, the largest markets for pig iron exported from Germany were Turkey ($X), Italy ($X) and France ($X), with a combined 51% share of total exports.

Among the main countries of destination, Turkey, with a CAGR of +12.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average pig iron export price amounted to $X per ton, picking up by 48% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pig Iron Imports

Imports into Germany

In 2021, overseas purchases of pig iron and spiegeleisen were finally on the rise to reach X tons after two years of decline. In general, imports, however, recorded a deep setback. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, pig iron imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a deep setback. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of pig iron to Germany, with a 51% share of total imports. Moreover, pig iron imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Norway (X tons), fourfold. The third position in this ranking was held by Austria (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands totaled +27.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-2.7% per year) and Austria (+16.0% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of pig iron to Germany, comprising 49% of total imports. The second position in the ranking was taken by Austria ($X), with a 12% share of total imports. It was followed by Norway, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands stood at +28.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+18.4% per year) and Norway (-3.4% per year).

Import Prices by Country

In 2021, the average pig iron import price amounted to $X per ton, surging by 58% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Russia ($X per ton) and Austria ($X per ton), while the price for Sweden ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pig iron and spiegeleisen in the world?

China remains the largest pig iron consuming country worldwide, accounting for 73% of total volume. Moreover, pig iron consumption in China exceeded the figures recorded by the second-largest consumer, India, tenfold. South Korea ranked third in terms of total consumption with a 4.9% share.

What are the largest producers of pig iron and spiegeleisen in the world?

China remains the largest pig iron producing country worldwide, accounting for 73% of total volume. Moreover, pig iron production in China exceeded the figures recorded by the second-largest producer, India, tenfold. South Korea ranked third in terms of total production with a 4.9% share.

What are the leading suppliers of pig iron and spiegeleisen to Germany?

In value terms, the Netherlands constituted the largest supplier of pig iron to Germany, comprising 49% of total imports. The second position in the ranking was occupied by Austria, with a 12% share of total imports. It was followed by Norway, with an 11% share.

What are the leading importers of pig iron and spiegeleisen from Germany?

In value terms, Turkey, Italy and France appeared to be the largest markets for pig iron exported from Germany worldwide, together comprising 51% of total exports.

What is the average export price for pig iron and spiegeleisen in Germany?

In 2021, the average pig iron export price amounted to $528 per ton, jumping by 48% against the previous year.

What is the average import price for pig iron and spiegeleisen in Germany?

The average pig iron import price stood at $581 per ton in 2021, picking up by 58% against the previous year.

This report provides an in-depth analysis of the pig iron market in Germany. 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:

Germany

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Germany
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023