Ferro-Alloys; Ferro-Silico-Chromium Price in Spain - 2023

Contents:

  1. Ferro-Alloys; Ferro-Silico-Chromium Price in Spain (CIF) - 2022
  2. Ferro-Alloys; Ferro-Silico-Chromium Price in Spain (FOB) - 2022
  3. Ferro-Alloys; Ferro-Silico-Chromium Imports in Spain
  4. Ferro-Alloys; Ferro-Silico-Chromium Exports in Spain

Ferro-Alloys; Ferro-Silico-Chromium Price in Spain (CIF) - 2022

The average ferro-alloys; ferro-silico-chromium import price stood at $2,539 per ton in 2022, rising by 134% against the previous year. In general, the import price continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2015 an increase of 4,872% against the previous year. As a result, import price attained the peak level of $77,313 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +4.3% per year.

Ferro-Alloys; Ferro-Silico-Chromium Price in Spain (FOB) - 2022

In 2022, the average ferro-alloys; ferro-silico-chromium export price amounted to $1,442 per ton, increasing by 23% against the previous year. Over the period under review, the export price enjoyed temperate growth. The growth pace was the most rapid in 2018 an increase of 36%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($2,355 per ton), while the average price for exports to Germany stood at $1,395 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+12.6%).

Ferro-Alloys; Ferro-Silico-Chromium Imports in Spain

In 2022, the amount of ferro-alloys; ferro-silico-chromia imported into Spain reduced markedly to 5K tons, waning by -34.4% against 2021. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 7.3% against the previous year.

In value terms, ferro-alloys; ferro-silico-chromium imports surged to $13M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.1% 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 +74.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Ferro-Alloys; Ferro-Silico-Chromium in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan9.27.28.212.510.8%
OthersN/AN/AN/A0.10%
Total9.27.28.212.611.1%

Top Suppliers of Ferro-Alloys; Ferro-Silico-Chromium to Spain in 2022:

  1. Kazakhstan (5.0K tons)

Ferro-Alloys; Ferro-Silico-Chromium Exports in Spain

In 2022, the amount of ferro-alloys; ferro-silico-chromia exported from Spain reduced remarkably to 713 tons, dropping by -68% against 2021. Over the period under review, exports showed a significant contraction. The pace of growth was the most pronounced in 2021 when exports increased by 268% against the previous year.

In value terms, ferro-alloys; ferro-silico-chromium exports fell dramatically to $1M in 2022. In general, exports saw a sharp curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 356%.

Export of Ferro-Alloys; Ferro-Silico-Chromium in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.8N/A0.10.9-38.1%
Sweden0.80.61.30.1-50.0%
FinlandN/AN/A1.2N/A0%
OthersN/AN/AN/AN/A0%
Total4.60.62.61.0-39.9%

Top Export Markets for Ferro-Alloys; Ferro-Silico-Chromium from Spain in 2022:

  1. Germany (677.6 tons)
  2. Sweden (35.0 tons)

Source: IndexBox Market Intelligence Platform

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