Ferro-Alloys; Ferro-Vanadium Price in Japan - 2023
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Japan (CIF) - 2023
- Ferro-Alloys; Ferro-Vanadium Price in Japan (FOB) - 2023
- Ferro-Alloys; Ferro-Vanadium Imports in Japan
- Ferro-Alloys; Ferro-Vanadium Exports in Japan
Ferro-Alloys; Ferro-Vanadium Price in Japan (CIF) - 2023
The average ferro-alloys; ferro-vanadium import price stood at $24,752 per ton in July 2023, with an increase of 3% against the previous month. Overall, the import price, however, showed a mild descent. The most prominent rate of growth was recorded in February 2023 an increase of 4.7% month-to-month. The import price peaked at $30,161 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the countries with the highest prices were South Africa ($25,107 per ton) and China ($24,780 per ton), while the price for Austria ($23,605 per ton) and the Czech Republic ($24,671 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.4%), while the prices for the other major suppliers experienced a decline.
Ferro-Alloys; Ferro-Vanadium Price in Japan (FOB) - 2023
The average ferro-alloys; ferro-vanadium export price stood at $16,283 per ton in July 2023, with a decrease of -17.8% against the previous month. In general, the export price continues to indicate a mild decrease. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 20% against the previous month. The export price peaked at $20,959 per ton in May 2023; however, from June 2023 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($90,840 per ton), while the average price for exports to India ($15,716 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+6.7%), while the prices for the other major destinations experienced a decline.
Ferro-Alloys; Ferro-Vanadium Imports in Japan
In 2022, imports of ferro-alloys; ferro-vanadia into Japan surged to 3.7K tons, jumping by 17% compared with 2021 figures. Over the period under review, imports, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 30%.
In value terms, ferro-alloys; ferro-vanadium imports totaled $105M in 2022. In general, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 129% against the previous year.
Import of Ferro-Alloys; Ferro-Vanadium in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 62.2 | 16.1 | 41.8 | 48.0 | -8.3% |
Czech Republic | 37.1 | 14.3 | 40.4 | 37.5 | 0.4% |
Austria | 14.1 | 7.4 | 12.2 | 9.4 | -12.6% |
South Africa | 32.9 | 4.7 | 2.3 | 5.5 | -44.9% |
South Korea | 10.7 | 2.7 | 4.7 | 4.1 | -27.4% |
Taiwan (Chinese) | 6.2 | 0.4 | 3.1 | 1.0 | -45.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 163 | 45.5 | 104 | 105 | -13.6% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Japan in 2022:
- China (1613.7 tons)
- Czech Republic (1310.0 tons)
- Austria (340.0 tons)
- South Africa (200.0 tons)
- South Korea (166.0 tons)
- Taiwan (Chinese) (40.0 tons)
Ferro-Alloys; Ferro-Vanadium Exports in Japan
Ferro-alloys; ferro-vanadium exports from Japan dropped sharply to 648 tons in 2022, declining by -28% against the previous year. Overall, exports faced a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 0.2% against the previous year.
In value terms, ferro-alloys; ferro-vanadium exports dropped sharply to $12M in 2022. In general, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year.
Export of Ferro-Alloys; Ferro-Vanadium in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 2.8 | 1.5 | 8.0 | 6.5 | 32.4% |
United States | 12.7 | 0.3 | 2.8 | 3.8 | -33.1% |
Thailand | 2.1 | 1.0 | 3.8 | 1.4 | -12.6% |
China | 1.5 | 6.7 | 2.1 | 0.2 | -48.9% |
Brazil | 3.6 | N/A | N/A | N/A | 0% |
Others | 0.1 | 2.3 | 0.6 | 0.3 | 44.2% |
Total | 22.8 | 11.9 | 17.3 | 12.1 | -19.0% |
Top Export Markets for Ferro-Alloys; Ferro-Vanadium from Japan in 2022:
- India (375.0 tons)
- United States (223.0 tons)
- Thailand (33.2 tons)
- China (5.6 tons)
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