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)
809
This report provides an in-depth analysis of the ferro-alloys market in Japan.
120
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Japan.
575
This report provides an in-depth analysis of the ferro-chromium market in Japan.
850
This report provides an in-depth analysis of the ferro-silicon market in Japan.
631
This report provides an in-depth analysis of the ferro-manganese market in Japan.
201
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Japan.
570
This report provides an in-depth analysis of the ferro-silico-manganese market in Japan.
543
This report provides an in-depth analysis of the ferro-molybdenum market in Japan.
2605
This report provides an in-depth analysis of the global ferro-alloys market.
160
This report provides an in-depth analysis of the global miscellaneous ferro-alloys market.
151
Ferro-Alloys imports reached their peak at 1.9M tons in 2014 but have since decreased, with imports staying at a lower figure from 2015 to 2023. In terms of value, Ferro-Alloys imports dropped to $2.5B in 2023.
55
During the period analyzed, Ferro-Silicon imports reached their highest point in 2014, with 510K tons. However, from 2015 to 2023, imports remained at a slightly lower level. In terms of value, Ferro-Silicon imports saw a significant decline, dropping to $682M in 2023.
259
The growth of Ferro-Silicon imports was at its peak in September 2023 with a 36% month-to-month increase. The value of imports skyrocketed to $56M in November 2023.
222
In September 2023, Ferro-Silicon experienced a significant growth rate of 36% compared to the previous month. By November 2023, the value of ferro-silicon imports surged to $56M.
322
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.
2981
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.
2056
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.
2503
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
102
Explore the top import markets for miscellaneous ferro-alloys in 2023, including key statistics and insights. Discover the leading countries driving global trade in ferro-alloys.
209
Discover the top import markets for Ferro-Chromium and their impact on the global market. Learn about the key players driving demand for this essential alloy.
