Ferro-Alloys; Ferro-Vanadium Price in France - 2023

Contents:

  1. Ferro-Alloys; Ferro-Vanadium Price in France (CIF) - 2022
  2. Ferro-Alloys; Ferro-Vanadium Price in France (FOB) - 2023
  3. Ferro-Alloys; Ferro-Vanadium Imports in France
  4. Ferro-Alloys; Ferro-Vanadium Exports in France

Ferro-Alloys; Ferro-Vanadium Price in France (CIF) - 2022

The average ferro-alloys; ferro-vanadium import price stood at $24,076 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, enjoyed a notable expansion. The growth pace was the most rapid in 2018 when the average import price increased by 170% against the previous year. As a result, import price reached the peak level of $48,391 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Luxembourg ($27,346 per ton), while the price for Germany ($8,643 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Ferro-Alloys; Ferro-Vanadium Price in France (FOB) - 2023

In June 2023, the average ferro-alloys; ferro-vanadium export price amounted to $28,513 per ton, standing approximately at the previous month. In general, the export price saw a mild descent. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 31% month-to-month. The export price peaked at $37,417 per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In June 2023, the highest price was recorded for prices to Belgium ($29,767 per ton) and Hungary ($28,743 per ton), while the average price for exports to Slovenia ($28,307 per ton) and the Netherlands ($28,466 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Alloys; Ferro-Vanadium Imports in France

In 2022, ferro-alloys; ferro-vanadium imports into France declined to 593 tons, reducing by -14% compared with the previous year's figure. Over the period under review, imports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 3.7%.

In value terms, ferro-alloys; ferro-vanadium imports shrank markedly to $14M in 2022. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year.

Import of Ferro-Alloys; Ferro-Vanadium in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.65.19.29.983.6%
Luxembourg1.01.21.81.39.1%
Czech Republic6.71.00.70.8-50.8%
Austria5.20.52.50.6-51.3%
Germany2.20.30.70.4-43.3%
Belgium1.31.91.20.4-32.5%
PolandN/AN/A0.10.3200.0%
Others5.20.70.60.5-54.2%
Total23.110.616.814.3-14.8%

Top Suppliers of Ferro-Alloys; Ferro-Vanadium to France in 2022:

  1. Netherlands (389.2 tons)
  2. Luxembourg (47.0 tons)
  3. Germany (42.1 tons)
  4. Czech Republic (34.6 tons)
  5. Austria (28.1 tons)
  6. Belgium (17.3 tons)
  7. Poland (13.3 tons)

Ferro-Alloys; Ferro-Vanadium Exports in France

In 2022, the amount of ferro-alloys; ferro-vanadia exported from France skyrocketed to 92 tons, with an increase of 52% compared with the previous year. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ferro-alloys; ferro-vanadium exports soared to $2.8M in 2022. Overall, exports recorded a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Ferro-Alloys; Ferro-Vanadium in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7523164191,24418.3%
Turkey400N/A76.01,05438.1%
Italy33599.580.1108-31.4%
Russia3593981,04695.2-35.8%
Slovenia15619.224.750.0-31.6%
Austria27.821.210.043.916.5%
Spain54.456.237.034.1-14.4%
Netherlands12919.19.918.1-48.0%
Canada45.129.2N/AN/A-35.3%
Others76.617129.511313.8%
Total2,3351,1301,7322,7615.7%

Top Export Markets for Ferro-Alloys; Ferro-Vanadium from France in 2022:

  1. Turkey (38.9 tons)
  2. Germany (38.3 tons)
  3. Russia (4.0 tons)
  4. Italy (3.3 tons)
  5. Slovenia (1.8 tons)
  6. Austria (1.5 tons)
  7. Spain (1.3 tons)
  8. Netherlands (0.5 tons)

Source: IndexBox Market Intelligence Platform

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