Ferro-Alloys; Ferro-Vanadium Price in Croatia - 2023
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Croatia (CIF) - 2022
- Ferro-Alloys; Ferro-Vanadium Price in Croatia (FOB) - 2022
- Ferro-Alloys; Ferro-Vanadium Imports in Croatia
- Ferro-Alloys; Ferro-Vanadium Exports in Croatia
Ferro-Alloys; Ferro-Vanadium Price in Croatia (CIF) - 2022
In 2022, the average ferro-alloys; ferro-vanadium import price amounted to $1,854,295 per ton, picking up by 2,780% against the previous year. Overall, the import price continues to indicate significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Slovenia.
From 2012 to 2022, the rate of growth in terms of prices for Slovenia amounted to +53.9% per year.
Ferro-Alloys; Ferro-Vanadium Price in Croatia (FOB) - 2022
In 2022, the average ferro-alloys; ferro-vanadium export price amounted to $38,048 per ton, with an increase of 68% against the previous year. In general, the export price showed a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($38,377 per ton), while the average price for exports to the Netherlands stood at $28,418 per ton.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+43.8%), while the prices for the other major destinations experienced mixed trend patterns.
Ferro-Alloys; Ferro-Vanadium Imports in Croatia
Ferro-alloys; ferro-vanadium imports into Croatia fell markedly to 380 kg in 2022, which is down by -96.2% on 2021. In general, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 5,938%.
In value terms, ferro-alloys; ferro-vanadium imports rose rapidly to $705K in 2022. Over the period under review, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 11,509%.
Import of Ferro-Alloys; Ferro-Vanadium in Croatia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovenia | N/A | 3.3 | N/A | 705 | 1361.6% |
Netherlands | 1,293 | N/A | N/A | N/A | 0% |
Others | N/A | 2.3 | 649 | N/A | 28117.4% |
Total | 1,293 | 5.6 | 649 | 705 | -18.3% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Croatia in 2022:
- Slovenia (380.0 kg)
Ferro-Alloys; Ferro-Vanadium Exports in Croatia
In 2022, approx. 850 kg of ferro-alloys; ferro-vanadia were exported from Croatia; jumping by 142% on 2021 figures. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-vanadium exports soared to $32K in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Ferro-Alloys; Ferro-Vanadium in Croatia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Germany | N/A | 31.5 | 0% | ||
Netherlands | N/A | 0.8 | 0% | ||
Slovenia | 4.0 | N/A | 0% | ||
Serbia | 3.9 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 8.0 | 32.3 | 303.7% |
Top Export Markets for Ferro-Alloys; Ferro-Vanadium from Croatia in 2022:
- Germany (822.0 kg)
- Netherlands (28.0 kg)
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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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