Ferro-Alloys; Ferro-Niobium Price in Austria - 2023
Contents:
- Ferro-Alloys; Ferro-Niobium Price in Austria (CIF) - 2023
- Ferro-Alloys; Ferro-Niobium Imports in Austria
Ferro-Alloys; Ferro-Niobium Price in Austria (CIF) - 2023
In July 2023, the average ferro-alloys; ferro-niobium import price amounted to $31,984 per ton, approximately equating the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.6%. The pace of growth appeared the most rapid in April 2023 an increase of 20% m-o-m. The import price peaked at $32,278 per ton in May 2023; however, from June 2023 to July 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From July 2022 to July 2023, the rate of growth in terms of prices for the Netherlands amounted to +2.6% per month.
Ferro-Alloys; Ferro-Niobium Imports in Austria
In 2022, the amount of ferro-alloys; ferro-niobia imported into Austria soared to 1.2K tons, picking up by 19% against the year before. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-niobium imports skyrocketed to $29M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Alloys; Ferro-Niobium in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 15.5 | 21.9 | 22.1 | 27.8 | 21.5% |
| Germany | 0.1 | 0.1 | 1.1 | 1.5 | 146.6% |
| Brazil | 8.1 | N/A | N/A | N/A | 0% |
| Others | 0.6 | 0.2 | 0.1 | N/A | -59.2% |
| Total | 24.3 | 22.2 | 23.3 | 29.3 | 6.4% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to Austria in 2022:
- Netherlands (1165.6 tons)
- Germany (52.3 tons)
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This report provides an in-depth analysis of the ferro-chromium market in Austria.
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This report provides an in-depth analysis of the ferro-silicon market in Austria.
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This report provides an in-depth analysis of the ferro-manganese market in Austria.
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This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Austria.
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This report provides an in-depth analysis of the ferro-molybdenum market in Austria.
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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.
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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.
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Explore the top import markets for ferro-silicon and delve into the key statistics and numbers behind these markets. Learn about the demand drivers and trends in these key markets.
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Discover the leading countries for importing Ferro-Silico-Manganese and the key factors driving their demand. Learn about the global market trends and statistics.
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