Ferro-Alloys; Ferro-Vanadium Price in Germany - 2023
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Germany (CIF) - 2023
- Ferro-Alloys; Ferro-Vanadium Price in Germany (FOB) - 2023
- Ferro-Alloys; Ferro-Vanadium Imports in Germany
- Ferro-Alloys; Ferro-Vanadium Exports in Germany
Ferro-Alloys; Ferro-Vanadium Price in Germany (CIF) - 2023
In June 2023, the average ferro-alloys; ferro-vanadium import price amounted to $26,232 per ton, reducing by -10.5% against the previous month. In general, the import price showed a pronounced downturn. The pace of growth was the most pronounced in August 2022 when the average import price increased by 14% against the previous month. Over the period under review, average import prices reached the maximum at $35,672 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($28,959 per ton), while the price for Austria amounted to $24,153 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-2.1%).
Ferro-Alloys; Ferro-Vanadium Price in Germany (FOB) - 2023
The average ferro-alloys; ferro-vanadium export price stood at $19,101 per ton in June 2023, falling by -34.3% against the previous month. In general, the export price showed a pronounced slump. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 42% m-o-m. Over the period under review, the average export prices hit record highs at $48,532 per ton in December 2022; however, from January 2023 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Italy ($32,416 per ton), while the average price for exports to Austria ($16,721 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.
Ferro-Alloys; Ferro-Vanadium Imports in Germany
Ferro-alloys; ferro-vanadium imports into Germany expanded markedly to 4.3K tons in 2022, picking up by 9.4% on the year before. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 12%.
In value terms, ferro-alloys; ferro-vanadium imports declined modestly to $125M in 2022. Overall, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 94% against the previous year.
| Import of Ferro-Alloys; Ferro-Vanadium in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 121 | 31.2 | 49.5 | 51.8 | -24.6% |
| China | 15.4 | 3.3 | 9.2 | 17.6 | 4.6% |
| South Africa | 4.7 | 10.4 | 18.6 | 16.6 | 52.3% |
| South Korea | 18.6 | 8.4 | 10.3 | 12.3 | -12.9% |
| Czech Republic | 10.3 | 3.1 | 16.8 | 10.7 | 1.3% |
| Netherlands | 5.0 | 4.0 | 8.9 | 10.5 | 28.1% |
| Belgium | 0.1 | 1.0 | N/A | 2.7 | 200.0% |
| Others | 14.9 | 4.5 | 14.6 | 3.1 | -40.7% |
| Total | 190 | 66.0 | 128 | 125 | -13.0% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Germany in 2022:
- Austria (1995.4 tons)
- China (574.2 tons)
- South Africa (542.4 tons)
- South Korea (394.1 tons)
- Czech Republic (331.7 tons)
- Netherlands (298.8 tons)
- Belgium (85.0 tons)
Ferro-Alloys; Ferro-Vanadium Exports in Germany
In 2022, ferro-alloys; ferro-vanadium exports from Germany contracted markedly to 167 tons, with a decrease of -33.1% compared with the year before. In general, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 117% against the previous year.
In value terms, ferro-alloys; ferro-vanadium exports reduced notably to $5.4M in 2022. Overall, exports recorded a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 243%.
| Export of Ferro-Alloys; Ferro-Vanadium in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 5.8 | 0.4 | 0.7 | 3.0 | -19.7% |
| Italy | 3.5 | 1.1 | 2.1 | 1.5 | -24.6% |
| Austria | 0.4 | 0.5 | 3.0 | 0.6 | 14.5% |
| Belgium | 1.2 | 0.1 | N/A | N/A | -91.7% |
| United States | 1.1 | N/A | N/A | N/A | 0% |
| France | 0.7 | 0.1 | 0.6 | N/A | -7.4% |
| Czech Republic | 1.0 | N/A | 0.2 | N/A | -55.3% |
| Others | 1.3 | 0.4 | 2.1 | 0.3 | -38.7% |
| Total | 15.0 | 2.6 | 8.8 | 5.4 | -28.9% |
Top Export Markets for Ferro-Alloys; Ferro-Vanadium from Germany in 2022:
- Netherlands (99.6 tons)
- Italy (33.7 tons)
- Austria (24.6 tons)
- Belgium (0.4 tons)
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