Netherlands: Iron Ore Market 2021

Iron Ore Market Size in the Netherlands

In 2019, the Dutch iron ore market increased by X% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption saw a perceptible slump. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2011; however, from 2012 to 2019, consumption remained at a lower figure.

Iron Ore Exports

Exports from the Netherlands

In 2019, shipments abroad of iron ores was finally on the rise to reach X tons for the first time since 2014, thus ending a four-year declining trend. In general, exports posted a tangible increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X tons in 2011; however, from 2012 to 2019, exports remained at a lower figure.

In value terms, iron ore exports rose significantly to $X in 2019. Over the period under review, exports recorded a prominent increase. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2011; however, from 2012 to 2019, exports failed to regain the momentum.

Exports by Country

France (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of iron ore exports from the Netherlands, together comprising X% of total exports. These countries were followed by China, Russia, Mexico and the UK, which together accounted for a further X 2007 to 2019, the biggest increases were in Mexico (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron ore exported from the Netherlands were France ($X), Germany ($X) and Belgium ($X), with a combined X% share of total exports. These countries were followed by Russia, China, Mexico and the UK, which together accounted for a further X (+X% per year) saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average iron ore export price stood at $X per ton in 2019, rising by X% against the previous year. In general, export price indicated moderate growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, iron ore export price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. Over the period under review, average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Russia ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced mixed trend patterns.

Iron Ore Imports

Imports into the Netherlands

In 2019, approx. X tons of iron ores were imported into the Netherlands; approximately mirroring the previous year's figure. Overall, imports saw a noticeable curtailment. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked at X tons in 2011; however, from 2012 to 2019, imports stood at a somewhat lower figure.

In value terms, iron ore imports soared to $X in 2019. In general, imports showed a mild downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at $X in 2011; however, from 2012 to 2019, imports failed to regain the momentum.

Imports by Country

Brazil (X tons), Sweden (X tons) and Norway (X tons) were the main suppliers of iron ore imports to the Netherlands, with a combined X% share of total imports. These countries were followed by Canada, Australia, Liberia and South Africa, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Liberia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron ore suppliers to the Netherlands were Brazil ($X), Sweden ($X) and Norway ($X), together accounting for X% of total imports. These countries were followed by Canada, Australia, South Africa and Liberia, which together accounted for a further X (+X% per year) saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average iron ore import price stood at $X per ton in 2019, increasing by X% against the previous year. Overall, the import price continues to indicate slight growth. The pace of growth was the most pronounced in 2010 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per ton in 2011; however, from 2012 to 2019, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the countries with the highest prices were South Africa ($X per ton) and Sweden ($X per ton), while the price for Liberia ($X per ton) and Norway ($X per ton) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by South Africa, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :