Alloy pig iron trade by country: top importers, exporters and prices
World trade in alloy pig iron was worth $433.5 million in 2024, about 524.8 thousand tonnes. That is an increase of 34% since 2017, and down 12% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $433.5M | 524.8K t |
| 2023 | $493.5M | 404.6K t |
| 2022 | $321.9M | 253.8K t |
| 2021 | $351.8M | 434.4K t |
| 2020 | $342.9M | 466.3K t |
| 2019 | $299.6M | 534.9K t |
| 2018 | $291.9M | 325.2K t |
| 2017 | $323.5M | 406.3K t |
Top alloy pig iron exporting countries
Indonesia is the largest exporter with 65% of world exports, followed by France and Russia. The top three supply 91% between them, out of 60 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Indonesia | $279.8M | 65% |
| France | $68.5M | 16% |
| Russia | $47.9M | 11% |
| Germany | $8.0M | 1.9% |
| South Africa | $4.8M | 1.1% |
| Kazakhstan | $4.2M | 1% |
| Italy | $3.3M | 0.8% |
| Czech Republic | $2.5M | 0.6% |
| Netherlands | $2.5M | 0.6% |
| Australia | $2.3M | 0.5% |
| Taiwan | $1.5M | 0.4% |
| Austria | $1.3M | 0.3% |
Top importing countries and buyer markets
China is the biggest buyer with 64% of world imports, ahead of Belgium and Italy. Demand is concentrated: the top three take 82% across 106 importing countries.
| Importer | Value | Share |
|---|---|---|
| China | $275.3M | 64% |
| Belgium | $53.2M | 12% |
| Italy | $26.0M | 6% |
| India | $24.2M | 5.6% |
| Spain | $20.5M | 4.7% |
| Germany | $5.6M | 1.3% |
| Taiwan | $4.6M | 1.1% |
| Poland | $4.4M | 1% |
| Morocco | $4.2M | 1% |
| United States | $3.2M | 0.7% |
| Turkey | $1.8M | 0.4% |
| Mozambique | $1.6M | 0.4% |
Average price per kg
The world average declared value was about $0.83 per kg in 2024. Among the main exporters, France averaged $1.18 per kg and Kazakhstan $0.40 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Alloy pig iron (HS 7201.50) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7201.50: Iron: alloy pig iron, spiegeleisen, in pigs, blocks or other primary forms. HS 7201 codes.
Common questions
Which countries export the most alloy pig iron?
Indonesia exported $279.8 million in 2024, 65% of the world total, followed by France (16%) and Russia (11%). In all, 60 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most alloy pig iron?
China imported $275.3 million in 2024, 64% of world imports, ahead of Belgium (12%) and Italy (6%). The top three importers together take 82%. Each country with its own page is linked from the table.
How big is the world trade in alloy pig iron?
It was worth $433.5 million in 2024, about 524.8 thousand tonnes. That is an increase of 34% since 2017. The peak year was 2023 at $493.5 million. 60 countries reported exports and 106 reported imports.
What is the average price of alloy pig iron per kg?
The world average declared value was about $0.83 per kg in 2024. Among the main exporters, France averaged $1.18 per kg and Kazakhstan $0.40 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for alloy pig iron?
The HS code for alloy pig iron is subheading 7201.50, in chapter 72 (iron and steel). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 7201 page.
How can I find alloy pig iron buyers and suppliers?
EximDataX shows the importers and exporters of alloy pig iron by name, from shipment-level customs records updated weekly. Ask for a live look at the markets you sell to.
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