Ferro-Alloys; Ferro-Niobium Price in Germany - 2023
Contents:
- Ferro-Alloys; Ferro-Niobium Price in Germany (CIF) - 2023
- Ferro-Alloys; Ferro-Niobium Price in Germany (FOB) - 2023
- Ferro-Alloys; Ferro-Niobium Imports in Germany
- Ferro-Alloys; Ferro-Niobium Exports in Germany
Ferro-Alloys; Ferro-Niobium Price in Germany (CIF) - 2023
The average ferro-alloys; ferro-niobium import price stood at $32,484 per ton in July 2023, approximately reflecting the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in January 2023 an increase of 10% against the previous month. The import price peaked at $34,179 per ton in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.
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 +1.6% per month.
Ferro-Alloys; Ferro-Niobium Price in Germany (FOB) - 2023
The average ferro-alloys; ferro-niobium export price stood at $39,262 per ton in August 2023, surging by 11% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in April 2023 an increase of 12% against the previous month. Over the period under review, the average export prices attained the peak figure in August 2023.
Average prices varied somewhat for the major foreign markets. In August 2023, the highest price was recorded for prices to China ($43,201 per ton) and Pakistan ($42,472 per ton), while the average price for exports to the UK ($31,353 per ton) and Israel ($32,688 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Alloys; Ferro-Niobium Imports in Germany
Ferro-alloys; ferro-niobium imports into Germany rose notably to 6K tons in 2022, increasing by 15% compared with the previous year's figure. Overall, imports saw a relatively flat trend pattern. 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 soared to $158M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Ferro-Alloys; Ferro-Niobium in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 30.1 | 101 | 117 | 155 | 72.7% |
Brazil | 86.0 | N/A | N/A | N/A | 0% |
Canada | 18.4 | 0.9 | N/A | N/A | -95.1% |
Others | 2.7 | 4.7 | 4.9 | 2.6 | -1.3% |
Total | 137 | 107 | 122 | 158 | 4.9% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to Germany in 2022:
- Netherlands (5.9K tons)
Ferro-Alloys; Ferro-Niobium Exports in Germany
In 2022, ferro-alloys; ferro-niobium exports from Germany surged to 642 tons, rising by 92% on the year before. Overall, exports posted buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 92% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, ferro-alloys; ferro-niobium exports surged to $22M in 2022. In general, exports recorded resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Ferro-Alloys; Ferro-Niobium in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uzbekistan | N/A | N/A | N/A | 13.0 | 0% |
Netherlands | 3.6 | 0.4 | 0.5 | 2.3 | -13.9% |
Kazakhstan | N/A | N/A | N/A | 1.6 | 0% |
France | 0.3 | 0.2 | 0.6 | 0.9 | 44.2% |
Russia | N/A | N/A | N/A | 0.9 | 0% |
Italy | 1.5 | 0.5 | 0.5 | 0.8 | -18.9% |
Belgium | 0.2 | 0.2 | 1.0 | 0.5 | 35.7% |
United Kingdom | 0.3 | 0.2 | 0.6 | 0.3 | 0.0% |
Greece | 0.2 | 0.2 | 0.4 | 0.2 | 0.0% |
Austria | 0.2 | 0.1 | 0.3 | 0.2 | 0.0% |
Ireland | 0.8 | 0.7 | 1.6 | 0.2 | -37.0% |
Malaysia | 0.5 | 0.5 | 0.2 | N/A | -36.8% |
United States | 6.0 | 0.8 | N/A | N/A | -86.7% |
Others | 1.2 | 0.9 | 4.0 | 1.6 | 10.1% |
Total | 14.8 | 4.7 | 9.7 | 22.5 | 15.0% |
Top Export Markets for Ferro-Alloys; Ferro-Niobium from Germany in 2022:
- Uzbekistan (334.0 tons)
- Netherlands (85.6 tons)
- Kazakhstan (41.0 tons)
- France (31.3 tons)
- Italy (28.9 tons)
- Russia (25.5 tons)
- Belgium (13.0 tons)
- United Kingdom (9.8 tons)
- Greece (7.6 tons)
- Ireland (7.5 tons)
- Austria (6.5 tons)
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