Ferro-Alloys; Ferro-Nickel Price in Finland - 2022

Contents:

  1. Ferro-Alloys; Ferro-Nickel Price in Finland (CIF) - 2022
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Greece26.317.145.028.02.1%
Brazil4.42.63.110.834.9%
Russia8.25.515.09.65.4%
Ukraine4.53.611.78.925.5%
Guatemala1.32.712.17.881.7%
North Macedonia2.81.55.13.810.7%
Dominican Republic1.41.518.43.434.4%
Others0.70.52.11.426.0%
Total49.634.911273.714.1%

Top Suppliers of Ferro-Alloys; Ferro-Nickel to Finland in 2022:

  1. Greece (10.8K tons)
  2. Ukraine (2.5K tons)
  3. Brazil (1.0K tons)
  4. Guatemala (0.7K tons)
  5. North Macedonia (0.4K tons)
  6. Dominican Republic (0.2K tons)
  7. Russia (0.2K tons)

Source: IndexBox Market Intelligence Platform

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