Ferro-Alloys; Ferro-Niobium Price in Italy - 2023
Contents:
- Ferro-Alloys; Ferro-Niobium Price in Italy (CIF) - 2023
- Ferro-Alloys; Ferro-Niobium Price in Italy (FOB) - 2022
- Ferro-Alloys; Ferro-Niobium Imports in Italy
- Ferro-Alloys; Ferro-Niobium Exports in Italy
Ferro-Alloys; Ferro-Niobium Price in Italy (CIF) - 2023
The average ferro-alloys; ferro-niobium import price stood at $28,680 per ton in July 2023, approximately reflecting the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in February 2023 an increase of 21% against the previous month. As a result, import price attained the peak level of $30,575 per ton. From March 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($32,661 per ton), while the price for Brazil ($25,057 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Alloys; Ferro-Niobium Price in Italy (FOB) - 2022
The average ferro-alloys; ferro-niobium export price stood at $32,306 per ton in 2022, growing by 28% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($32,556 per ton) and Egypt ($31,455 per ton), while the average price for exports to Turkey ($28,590 per ton) and Bulgaria ($29,679 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Alloys; Ferro-Niobium Imports in Italy
In 2022, approx. 2.6K tons of ferro-alloys; ferro-niobia were imported into Italy; jumping by 27% against the previous year's figure. The total import volume increased at an average annual rate of +4.9% over the period 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.
In value terms, ferro-alloys; ferro-niobium imports skyrocketed to $67M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Alloys; Ferro-Niobium in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 48.0 | 31.4 | 34.3 | 56.1 | 5.3% |
| Brazil | N/A | 7.2 | 6.7 | 8.6 | 9.3% |
| Germany | 1.7 | 0.9 | 1.7 | 0.8 | -22.2% |
| Others | 2.2 | 1.9 | 4.0 | 1.2 | -18.3% |
| Total | 51.9 | 41.4 | 46.7 | 66.7 | 8.7% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to Italy in 2022:
- Netherlands (2085.8 tons)
- Brazil (400.0 tons)
- Germany (26.8 tons)
Ferro-Alloys; Ferro-Niobium Exports in Italy
In 2022, approx. 34 tons of ferro-alloys; ferro-niobia were exported from Italy; with an increase of 78% on the year before. In general, exports, however, saw a mild shrinkage. The growth pace was the most rapid in 2021 with an increase of 676% against the previous year.
In value terms, ferro-alloys; ferro-niobium exports soared to $1.1M in 2022. Overall, exports enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by 663%. 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 Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 977 | 0% |
| Egypt | N/A | 20.5 | 56.6 | 86.5 | 105.4% |
| Turkey | 454 | N/A | N/A | 28.6 | -60.2% |
| Bulgaria | N/A | N/A | N/A | 16.3 | 0% |
| Spain | 288 | N/A | N/A | N/A | 0% |
| Germany | N/A | N/A | 325 | N/A | 0% |
| Slovenia | 143 | 25.7 | 98.5 | N/A | -17.0% |
| Others | 24.2 | 17.6 | 6.1 | N/A | -49.8% |
| Total | 909 | 63.7 | 486 | 1,108 | 6.8% |
Top Export Markets for Ferro-Alloys; Ferro-Niobium from Italy in 2022:
- Russia (30.0 tons)
- Egypt (2.8 tons)
- Turkey (1.0 tons)
- Bulgaria (0.6 tons)
561
This report provides an in-depth analysis of the ferro-alloys market in Italy.
183
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Italy.
541
This report provides an in-depth analysis of the ferro-chromium market in Italy.
630
This report provides an in-depth analysis of the ferro-silicon market in Italy.
552
This report provides an in-depth analysis of the ferro-manganese market in Italy.
218
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Italy.
457
This report provides an in-depth analysis of the ferro-silico-manganese market in Italy.
554
This report provides an in-depth analysis of the ferro-molybdenum market in Italy.
2571
This report provides an in-depth analysis of the global ferro-alloys market.
153
This report provides an in-depth analysis of the global miscellaneous ferro-alloys market.
303
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.
2902
The conflict between Russia and Ukraine has had a significant impact on the ferroalloy industry. The main producing regions of ferroalloys are located in Eastern Europe, which has been affected by the conflict.
2010
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.
2473
The global trade in ferro-alloys amounted to X million USD in 2015, fluctuating wildly over the period under review. A plunge in 2009 was followed by recovery over the next two years, until exports decreased again. Exports continued falling for th
76
Explore the top import markets for miscellaneous ferro-alloys in 2023, including key statistics and insights. Discover the leading countries driving global trade in ferro-alloys.
193
Discover the top import markets for Ferro-Chromium and their impact on the global market. Learn about the key players driving demand for this essential alloy.
346
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.
1151
Ferrosilicon consumption is expected to continue rising due to the further growth of solar energy.
218
Discover the leading countries for importing Ferro-Silico-Manganese and the key factors driving their demand. Learn about the global market trends and statistics.
183
Explore the top import markets for Ferro-Molybdenum in the world, including key statistics on import values and market insights.
