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

Contents:

  1. Ferro-Alloys; Ferro-Nickel Price in Russia (FOB) - 2022
  2. Ferro-Alloys; Ferro-Nickel Price in Russia (CIF) - 2022
  3. Ferro-Alloys; Ferro-Nickel Exports in Russia
  4. Ferro-Alloys; Ferro-Nickel Imports in Russia

Ferro-Alloys; Ferro-Nickel Price in Russia (FOB) - 2022

In 2022, the average ferro-alloys; ferro-nickel export price amounted to $2,603 per ton, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of 40% against the previous year. The export price peaked at $10,040 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($6,960 per ton), while the average price for exports to the Netherlands ($2,206 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-1.0%), while the prices for the other major destinations experienced a decline.

Ferro-Alloys; Ferro-Nickel Price in Russia (CIF) - 2022

The average ferro-alloys; ferro-nickel import price stood at $3,926 per ton in 2021, stabilizing at the previous year. Over the period under review, the import price recorded a sharp downturn. The pace of growth was the most pronounced in 2016 an increase of 356%. The import price peaked at $132,909 per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Colombia.

From 2012 to 2021, the rate of growth in terms of prices for Colombia amounted to -9.6% per year.

Ferro-Alloys; Ferro-Nickel Exports in Russia

In 2022, the amount of ferro-alloys; ferro-nickels exported from Russia reduced remarkably to 198 tons, dropping by -77.2% compared with the previous year. Over the period under review, exports faced a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 9.6% against the previous year.

In value terms, ferro-alloys; ferro-nickel exports contracted dramatically to $515K in 2022. Overall, exports faced a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 9.6%.

Export of Ferro-Alloys; Ferro-Nickel in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,0010.1483171-44.5%
GeorgiaN/AN/AN/A72.90%
Netherlands1,03640.285.038.7-66.6%
TurkeyN/AN/AN/A12.90%
China0.30.10.39.5216.4%
SwedenN/A381N/AN/A0%
United States390N/AN/AN/A0%
LatviaN/A120N/AN/A0%
UkraineN/A771135N/A-82.5%
Others2,7717451,552210-57.7%
Total5,1992,0582,256515-53.7%

Top Export Markets for Ferro-Alloys; Ferro-Nickel from Russia in 2022:

  1. Germany (72.4 tons)
  2. Netherlands (17.5 tons)
  3. Georgia (10.5 tons)
  4. Turkey (4.9 tons)
  5. China (2.5 tons)

Ferro-Alloys; Ferro-Nickel Imports in Russia

In 2022, ferro-alloys; ferro-nickel imports into Russia soared to 15 tons, rising by 50% on 2021. Overall, imports, however, saw a abrupt downturn.

In value terms, ferro-alloys; ferro-nickel imports surged to $59K in 2022. Over the period under review, imports, however, continue to indicate a abrupt decline.

Import of Ferro-Alloys; Ferro-Nickel in Russia (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
Colombia78.234.7-55.6%
Others0.34.51400.0%
Total78.539.3-49.9%

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

  1. Colombia (9.8 tons)

Source: IndexBox Market Intelligence Platform

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