Pig Iron Market Overview in Germany
In value terms, pig iron production fell to $ in estimated in export prices. Over the period under review, production faced a deep setback. The pace of growth was the most pronounced in 2017 when the production volume decreased by -% against the previous year. Over the period under review, production attained the maximum level at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.
The value of the pig iron market in Germany contracted rapidly to $ in , reducing by -% 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, consumption showed a deep reduction. The most prominent rate of growth was recorded in 2015 when the market value decreased by -% y-o-y. Pig iron consumption peaked at $ in 2007; however, from 2008 to , consumption failed to regain the momentum.