Ferro-Alloys; Ferro-Vanadium Price in Australia - 2023
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Australia (CIF) - 2022
- Ferro-Alloys; Ferro-Vanadium Price in Australia (FOB) - 2022
- Ferro-Alloys; Ferro-Vanadium Imports in Australia
- Ferro-Alloys; Ferro-Vanadium Exports in Australia
Ferro-Alloys; Ferro-Vanadium Price in Australia (CIF) - 2022
In 2022, the average ferro-alloys; ferro-vanadium import price amounted to $34,136 per ton, declining by -12.1% against the previous year. In general, the import price, however, posted a remarkable increase. The growth pace was the most rapid in 2017 an increase of 134%. The import price peaked at $43,609 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($57,323 per ton), while the price for Austria ($20,015 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Alloys; Ferro-Vanadium Price in Australia (FOB) - 2022
The average ferro-alloys; ferro-vanadium export price stood at $49,242 per ton in 2022, almost unchanged from the previous year. Overall, the export price, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 188% against the previous year. Over the period under review, the average export prices hit record highs at $49,985 per ton in 2021, and then reduced in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($64,285 per ton), while the average price for exports to Thailand ($24,333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Alloys; Ferro-Vanadium Imports in Australia
Ferro-alloys; ferro-vanadium imports into Australia contracted remarkably to 19 tons in 2022, with a decrease of -30.1% against the previous year. Over the period under review, imports recorded a significant decrease. The growth pace was the most rapid in 2021 with an increase of 138% against the previous year.
In value terms, ferro-alloys; ferro-vanadium imports reduced rapidly to $633K in 2022. Overall, imports saw a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 345% against the previous year.
| Import of Ferro-Alloys; Ferro-Vanadium in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 1,429 | 78.2 | 618 | 356 | -37.1% |
| Austria | 275 | 135 | 242 | 201 | -9.9% |
| China | 67.8 | 5.1 | 12.3 | 24.7 | -28.6% |
| New Zealand | 48.1 | 4.4 | 5.9 | 17.1 | -29.2% |
| South Korea | N/A | N/A | 96.9 | N/A | 0% |
| Others | 7.4 | 8.8 | 54.6 | 33.9 | 66.1% |
| Total | 1,828 | 231 | 1,030 | 633 | -29.8% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Australia in 2022:
- Austria (10.0 tons)
- South Africa (7.4 tons)
- China (0.5 tons)
- New Zealand (0.3 tons)
Ferro-Alloys; Ferro-Vanadium Exports in Australia
After two years of decline, overseas shipments of ferro-alloys; ferro-vanadia decreased by -49.2% to 33 kg in 2022. In general, exports continue to indicate a significant decline.
In value terms, ferro-alloys; ferro-vanadium exports contracted rapidly to $1.6K in 2022. Overall, exports continue to indicate a sharp setback.
| Export of Ferro-Alloys; Ferro-Vanadium in Australia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 176 | N/A | 99.0 | 166 | -1.9% |
| France | 1,514 | N/A | 109 | 125 | -56.5% |
| Canada | 3,192 | N/A | 164 | 124 | -66.1% |
| Thailand | 1,503 | N/A | 100 | 122 | -56.7% |
| New Zealand | 112 | N/A | 23.0 | 29.0 | -36.3% |
| Russia | N/A | N/A | 570 | N/A | 0% |
| Norway | N/A | N/A | 195 | N/A | 0% |
| Others | N/A | N/A | 1,989 | 1,059 | -46.8% |
| Total | 6,497 | N/A | 3,249 | 1,625 | -37.0% |
Top Export Markets for Ferro-Alloys; Ferro-Vanadium from Australia in 2022:
- Malaysia (5.0 kg)
- Thailand (5.0 kg)
- France (3.0 kg)
- Canada (2.0 kg)
- New Zealand (1.0 kg)
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