Ferro-Alloys; Ferro-Niobium Price in Estonia - 2023
Contents:
- Ferro-Alloys; Ferro-Niobium Price in Estonia (CIF) - 2022
- Ferro-Alloys; Ferro-Niobium Price in Estonia (FOB) - 2022
- Ferro-Alloys; Ferro-Niobium Imports in Estonia
- Ferro-Alloys; Ferro-Niobium Exports in Estonia
Ferro-Alloys; Ferro-Niobium Price in Estonia (CIF) - 2022
In 2022, the average ferro-alloys; ferro-niobium import price amounted to $26,045 per ton, growing by 45% against the previous year. In general, the import price continues to indicate a slight expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +1.2% per year.
Ferro-Alloys; Ferro-Niobium Price in Estonia (FOB) - 2022
In 2022, the average ferro-alloys; ferro-niobium export price amounted to $36,399 per ton, reducing by -12.9% against the previous year. Overall, the export price, however, posted a buoyant expansion. The growth pace was the most rapid in 2019 an increase of 52%. Over the period under review, the average export prices hit record highs at $42,964 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +13.0% per year.
Ferro-Alloys; Ferro-Niobium Imports in Estonia
In 2022, imports of ferro-alloys; ferro-niobia into Estonia soared to 700 tons, with an increase of 28% against the year before. Over the period under review, total imports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-niobium imports surged to $18M in 2022. In general, imports showed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Alloys; Ferro-Niobium in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 11.6 | 7.5 | 9.4 | 18.2 | 16.2% |
| Others | 0.1 | 0.3 | 0.4 | N/A | 100.0% |
| Total | 11.7 | 7.8 | 9.8 | 18.2 | 15.9% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to Estonia in 2022:
- Brazil (700.0 tons)
Ferro-Alloys; Ferro-Niobium Exports in Estonia
In 2022, the amount of ferro-alloys; ferro-niobia exported from Estonia surged to 20 tons, rising by 313% against the previous year. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 568% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, ferro-alloys; ferro-niobium exports skyrocketed to $728K in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 745% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Ferro-Alloys; Ferro-Niobium in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 728 | 0% |
| Germany | N/A | 362 | 202 | N/A | -44.2% |
| Japan | 42.6 | N/A | N/A | N/A | 0% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 42.8 | 362 | 202 | 728 | 157.2% |
Top Export Markets for Ferro-Alloys; Ferro-Niobium from Estonia in 2022:
- Russia (20.0 tons)
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