Ferro-Alloys; Ferro-Niobium Price in Poland - 2023
Contents:
- Ferro-Alloys; Ferro-Niobium Price in Poland (CIF) - 2023
- Ferro-Alloys; Ferro-Niobium Price in Poland (FOB) - 2022
- Ferro-Alloys; Ferro-Niobium Imports in Poland
- Ferro-Alloys; Ferro-Niobium Exports in Poland
Ferro-Alloys; Ferro-Niobium Price in Poland (CIF) - 2023
The average ferro-alloys; ferro-niobium import price stood at $33,087 per ton in June 2023, growing by 12% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +3.3%. The most prominent rate of growth was recorded in July 2022 an increase of 12% month-to-month. The import price peaked in June 2023.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($33,107 per ton), while the price for Germany totaled $32,475 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.3%).
Ferro-Alloys; Ferro-Niobium Price in Poland (FOB) - 2022
The average ferro-alloys; ferro-niobium export price stood at $4,378 per ton in 2022, waning by -53.2% against the previous year. In general, the export price faced a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of 21%. Over the period under review, the average export prices hit record highs at $26,562 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Romania ($4,759 per ton) and Russia ($4,545 per ton), while the average price for exports to Slovakia ($3,650 per ton) and Ukraine ($4,250 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 Sweden (-4.1%), while the prices for the other major destinations experienced a decline.
Ferro-Alloys; Ferro-Niobium Imports in Poland
In 2022, imports of ferro-alloys; ferro-niobia into Poland dropped modestly to 353 tons, falling by -3.9% on the year before. Overall, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 29%.
In value terms, ferro-alloys; ferro-niobium imports rose rapidly to $8.6M in 2022. In general, imports saw a pronounced setback. The pace of growth appeared the most rapid in 2021 when imports increased by 30%.
Import of Ferro-Alloys; Ferro-Niobium in Poland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 2.4 | 5.5 | 7.6 | 8.2 | 50.6% |
Germany | N/A | N/A | N/A | 0.2 | 0% |
Belgium | N/A | 0.3 | 0.3 | 0.2 | -18.4% |
Brazil | 7.3 | 0.2 | N/A | N/A | -97.3% |
Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
Total | 9.8 | 6.1 | 7.9 | 8.6 | -4.3% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to Poland in 2022:
- Netherlands (338.5 tons)
- Belgium (8.0 tons)
- Germany (6.5 tons)
Ferro-Alloys; Ferro-Niobium Exports in Poland
Ferro-alloys; ferro-niobium exports from Poland surged to 64 tons in 2022, growing by 88% on 2021. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 596% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, ferro-alloys; ferro-niobium exports contracted to $280K in 2022. In general, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 159% against the previous year. As a result, the exports attained the peak of $459K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Ferro-Alloys; Ferro-Niobium in Poland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | N/A | N/A | N/A | 227 | 0% |
Slovakia | N/A | N/A | 117 | 36.5 | -68.8% |
Slovenia | N/A | N/A | 17.2 | 7.1 | -58.7% |
Romania | N/A | N/A | N/A | 4.8 | 0% |
Ukraine | 6.6 | 2.7 | 59.3 | 2.1 | -31.7% |
Belgium | N/A | N/A | 120 | N/A | 0% |
Czech Republic | 164 | 259 | N/A | N/A | 57.9% |
Netherlands | N/A | 197 | N/A | N/A | 0% |
Others | 7.1 | N/A | 5.4 | 2.7 | -27.6% |
Total | 177 | 459 | 318 | 280 | 16.5% |
Top Export Markets for Ferro-Alloys; Ferro-Niobium from Poland in 2022:
- Russia (50.0 tons)
- Slovakia (10.0 tons)
- Slovenia (1.6 tons)
- Romania (1.0 tons)
- Ukraine (0.5 tons)
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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.
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.
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.
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
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