EU’s average import price in 2012 increased from 604 euros/tonne in 2011 to 623
euros/tonne, fluctuating mildly between 600 and 650 euros/tonne throughout the
year. The increase, however, was driven mainly by a stronger US dollar against the
euro, while the demand remained sluggish. In US dollar terms, the EU import price
actually decreased from USD 840 to USD 801 per tonne.