Slovenia: Pig Iron Market 2020

Pig Iron Market Size in Slovenia

The revenue of the pig iron market in Slovenia amounted to $X in 2018, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, pig iron consumption continues to indicate an abrupt contraction. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, the pig iron market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Pig Iron Exports

Exports from Slovenia

In 2018, approx. X tons of pig iron and spiegeleisen were exported from Slovenia; lowering by -X% against the previous year. Overall, pig iron exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. Over the period under review, pig iron exports attained their maximum at X tons in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, pig iron exports totaled $X in 2018. Over the period under review, pig iron exports continue to indicate a drastic decline. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, pig iron exports reached their peak figure at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

Russia represented the main exporting country with an export of around X tons, which amounted to X% of total exports. Ukraine (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Brazil (X%) and India (X%). South Africa (X tons), China (X tons) and Germany (X tons) took a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Germany, while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the largest pig iron supplier from Slovenia, comprising X% of global exports. The second position in the ranking was occupied by Ukraine ($X), with a X% share of global exports. It was followed by Brazil, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in Russia totaled +X%. In the other countries, the average annual rates were as follows: Ukraine (+X% per year) and Brazil (-X% per year).

Export Prices by Country

The pig iron export price in Slovenia stood at $X per ton in 2018, surging by X% against the previous year. Overall, the pig iron export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices for pig iron and spiegeleisen reached their peak figure in 2018 and is expected to retain its growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2018, major exporting countries recorded the following prices: in South Africa ($X per ton) and Russia ($X per ton), while China ($X per ton) and India ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced more modest paces of growth.

Pig Iron Imports

Imports into Slovenia

In 2018, approx. X tons of pig iron and spiegeleisen were imported into Slovenia; coming down by -X% against the previous year. Overall, pig iron imports continue to indicate a deep decline. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Slovenia imports peaked at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, pig iron imports stood at $X in 2018. In general, pig iron imports continue to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Slovenia imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tons) represented the key importer of pig iron and spiegeleisen, mixing up X% of total imports. Italy (X tons) occupied the second position in the ranking, followed by Turkey (X tons). All these countries together held near X% share of total imports. The following importers - Germany (X tons), Mexico (X tons), Taiwan, Chinese (X tons), Thailand (X tons), Spain (X tons), the Netherlands (X tons), Poland (X tons) and Belgium (X tons) - together made up X% of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Mexico (+X%), the Netherlands (+X%), Turkey (+X%) and Poland (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Italy (-X%), Germany (-X%), Spain (-X%), Belgium (-X%), Taiwan, Chinese (-X%) and Thailand (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), Turkey (+X p.p.) and Mexico (+X p.p.) significantly strengthened its position in terms of the global imports, while Belgium, Spain, Taiwan, Chinese, Thailand and Italy saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported pig iron and spiegeleisen into Slovenia, comprising X% of global imports. The second position in the ranking was occupied by Italy ($X), with a X% share of global imports. It was followed by Turkey, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. stood at +X%. In the other countries, the average annual rates were as follows: Italy (-X% per year) and Turkey (+X% per year).

Import Prices by Country

In 2018, the pig iron import price in Slovenia amounted to $X per ton, going up by X% against the previous year. Over the period under review, the import price indicated pronounced growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pig iron import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. Slovenia import price peaked at $X per ton in 2012; however, from 2013 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the Netherlands ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform