Ferro-Alloys; Ferro-Niobium Price in Norway - 2023
Contents:
- Ferro-Alloys; Ferro-Niobium Price in Norway (CIF) - 2022
- Ferro-Alloys; Ferro-Niobium Price in Norway (FOB) - 2022
- Ferro-Alloys; Ferro-Niobium Imports in Norway
- Ferro-Alloys; Ferro-Niobium Exports in Norway
Ferro-Alloys; Ferro-Niobium Price in Norway (CIF) - 2022
The average ferro-alloys; ferro-niobium import price stood at $25,859 per ton in 2022, picking up by 2.3% against the previous year. In general, the import price, however, recorded a mild shrinkage. The pace of growth was the most pronounced in 2014 when the average import price increased by 17% against the previous year. The import price peaked at $29,179 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Brazil ($29,769 per ton) and Sweden ($25,713 per ton), while the price for Poland ($23,865 per ton) and Canada ($24,436 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+7.4%), while the prices for the other major suppliers experienced a decline.
Ferro-Alloys; Ferro-Niobium Price in Norway (FOB) - 2022
In 2022, the average ferro-alloys; ferro-niobium export price amounted to $786 per ton, leveling off at the previous year. Overall, the export price, however, continues to indicate a precipitous contraction. Over the period under review, the average export prices attained the maximum at $15,022 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From 2015 to 2022, the rate of growth in terms of prices for Sweden amounted to -34.5% per year.
Ferro-Alloys; Ferro-Niobium Imports in Norway
Ferro-alloys; ferro-niobium imports into Norway contracted to 11 tons in 2022, which is down by -7.8% on 2021 figures. Over the period under review, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 19%.
In value terms, ferro-alloys; ferro-niobium imports declined to $278K in 2022. In general, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 13%.
| Import of Ferro-Alloys; Ferro-Niobium in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 13.5 | 143 | 2.9 | 140 | 118.1% |
| Brazil | 192 | N/A | 18.0 | 52.5 | -35.1% |
| Canada | N/A | N/A | 56.3 | 43.1 | -23.4% |
| Poland | N/A | N/A | N/A | 43.0 | 0% |
| Netherlands | 123 | 119 | 211 | N/A | 31.0% |
| Others | N/A | N/A | 7.4 | N/A | 0% |
| Total | 329 | 262 | 295 | 278 | -5.5% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to Norway in 2022:
- Sweden (5.4 tons)
- Brazil (1.8 tons)
- Canada (1.8 tons)
- Poland (1.8 tons)
Ferro-Alloys; Ferro-Niobium Exports in Norway
In 2022, overseas shipments of ferro-alloys; ferro-niobia decreased by -56.4% to 7.5 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year. As a result, the exports attained the peak of 41 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, ferro-alloys; ferro-niobium exports plummeted to $5.9K in 2022. In general, exports recorded a sharp reduction. The growth pace was the most rapid in 2020 when exports increased by 82% against the previous year. As a result, the exports attained the peak of $32K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Ferro-Alloys; Ferro-Niobium in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 8.8 | 16.1 | 6.8 | 2.9 | -30.9% |
| Others | 8.8 | 16.0 | 6.8 | 3.0 | -30.1% |
| Total | 17.6 | 32.0 | 13.6 | 5.9 | -30.5% |
Top Export Markets for Ferro-Alloys; Ferro-Niobium from Norway in 2022:
- Sweden (3.7 tons)
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