Ferro-Alloys; Ferro-Nickel Price in Finland - 2022
Contents:
- Ferro-Alloys; Ferro-Nickel Price in Finland (CIF) - 2022
- Ferro-Alloys; Ferro-Nickel Imports in Finland
Ferro-Alloys; Ferro-Nickel Price in Finland (CIF) - 2022
The average ferro-alloys; ferro-nickel import price stood at $4,583 per ton in 2022, which is down by -13.4% against the previous year. Overall, the import price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2021 an increase of 66% against the previous year. The import price peaked at $6,306 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($40,022 per ton), while the price for Greece ($2,589 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Alloys; Ferro-Nickel Imports in Finland
Ferro-alloys; ferro-nickel imports into Finland plummeted to 16K tons in 2022, which is down by -24.3% on 2021. Overall, imports saw a pronounced reduction. The growth pace was the most rapid in 2021 when imports increased by 95%. As a result, imports reached the peak of 21K tons, and then declined significantly in the following year.
In value terms, ferro-alloys; ferro-nickel imports contracted sharply to $74M in 2022. Over the period under review, imports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 222% against the previous year. As a result, imports attained the peak of $112M, and then reduced remarkably in the following year.
Import of Ferro-Alloys; Ferro-Nickel in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | 26.3 | 17.1 | 45.0 | 28.0 | 2.1% |
Brazil | 4.4 | 2.6 | 3.1 | 10.8 | 34.9% |
Russia | 8.2 | 5.5 | 15.0 | 9.6 | 5.4% |
Ukraine | 4.5 | 3.6 | 11.7 | 8.9 | 25.5% |
Guatemala | 1.3 | 2.7 | 12.1 | 7.8 | 81.7% |
North Macedonia | 2.8 | 1.5 | 5.1 | 3.8 | 10.7% |
Dominican Republic | 1.4 | 1.5 | 18.4 | 3.4 | 34.4% |
Others | 0.7 | 0.5 | 2.1 | 1.4 | 26.0% |
Total | 49.6 | 34.9 | 112 | 73.7 | 14.1% |
Top Suppliers of Ferro-Alloys; Ferro-Nickel to Finland in 2022:
- Greece (10.8K tons)
- Ukraine (2.5K tons)
- Brazil (1.0K tons)
- Guatemala (0.7K tons)
- North Macedonia (0.4K tons)
- Dominican Republic (0.2K tons)
- Russia (0.2K tons)
This report provides an in-depth analysis of the ferro-alloys market in Finland.
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Finland.
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This report provides an in-depth analysis of the global ferro-alloys market.
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China dominates the world market for ferro-alloys, importing a staggering $9.8 billion worth of these alloys in 2022. The United States, Japan, Indonesia, Germany, the Netherlands, Italy, South Korea, Turkey, and India are also major importers of ferro-alloys, driven by their respective manufacturing sectors and domestic consumption.
The conflict between Russia and Ukraine has had a significant impact on the ferroalloy industry. The main producing regions of ferroalloys are located in Eastern Europe, which has been affected by the conflict.
Throughout January-September 2021, global ferroalloy trade totalled $11.8B, increasing by +36% compared to the same period last year. This spike was caused by growing prices, as imports in physical terms remained nearly unchanged against the previous year’s figures. China tops the ferroalloy importer ranking with 29% of the total value, followed by Japan and the U.S. The average ferroalloy import price in September 2021 was estimated at $2.5 per kg, a 56%-increase compared to those of September 2020.
The global trade in ferro-alloys amounted to X million USD in 2015, fluctuating wildly over the period under review. A plunge in 2009 was followed by recovery over the next two years, until exports decreased again. Exports continued falling for th
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