Ferro-Alloys; Ferro-Vanadium Price in Romania - 2023
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Romania (CIF) - 2023
- Ferro-Alloys; Ferro-Vanadium Price in Romania (FOB) - 2022
- Ferro-Alloys; Ferro-Vanadium Imports in Romania
- Ferro-Alloys; Ferro-Vanadium Exports in Romania
Ferro-Alloys; Ferro-Vanadium Price in Romania (CIF) - 2023
The average ferro-alloys; ferro-vanadium import price stood at $27,910 per ton in May 2023, reducing by -1.5% against the previous month. Over the period under review, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in December 2022 an increase of 37% m-o-m. The import price peaked at $42,446 per ton in May 2022; however, from June 2022 to May 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In May 2023, the highest price was recorded for prices from Poland ($33,270 per ton) and Germany ($32,265 per ton), while the price for Slovakia ($23,093 per ton) and the Netherlands ($30,734 per ton) were amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Alloys; Ferro-Vanadium Price in Romania (FOB) - 2022
The average ferro-alloys; ferro-vanadium export price stood at $26,558 per ton in 2022, with a decrease of -31.6% against the previous year. Over the period under review, the export price, however, posted a pronounced increase. The growth pace was the most rapid in 2021 an increase of 71% against the previous year. Over the period under review, the average export prices reached the maximum at $59,208 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($26,618 per ton), while the average price for exports to the Netherlands amounted to $22,051 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+46.9%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Alloys; Ferro-Vanadium Imports in Romania
Ferro-alloys; ferro-vanadium imports into Romania totaled 201 tons in 2022, increasing by 3.5% against the year before. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-vanadium imports expanded slightly to $6.1M in 2022. In general, imports, however, saw a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 71%.
| Import of Ferro-Alloys; Ferro-Vanadium in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.2 | 1.3 | 3.6 | 2.8 | 8.4% |
| Slovakia | 2.6 | 1.2 | 1.9 | 2.0 | -8.4% |
| Poland | 0.8 | 0.2 | 0.3 | 0.8 | 0.0% |
| Estonia | N/A | N/A | N/A | 0.4 | 0% |
| Austria | 0.7 | 0.2 | N/A | 0.1 | -47.7% |
| Belgium | 0.4 | N/A | N/A | N/A | 0% |
| South Africa | 1.4 | 0.2 | N/A | N/A | -85.7% |
| Others | 0.1 | 0.4 | N/A | 0.1 | 0.0% |
| Total | 8.3 | 3.4 | 5.8 | 6.1 | -9.8% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Romania in 2022:
- Netherlands (82.3 tons)
- Slovakia (76.1 tons)
- Poland (28.0 tons)
- Estonia (10.0 tons)
- Austria (1.5 tons)
Ferro-Alloys; Ferro-Vanadium Exports in Romania
In 2022, exports of ferro-alloys; ferro-vanadia from Romania skyrocketed to 15 tons, increasing by 33% compared with 2021. Over the period under review, exports, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year.
In value terms, ferro-alloys; ferro-vanadium exports contracted to $389K in 2022. In general, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 220% against the previous year.
| Export of Ferro-Alloys; Ferro-Vanadium in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 155 | 32.7 | 379 | 385 | 35.4% |
| Netherlands | 565 | 50.0 | 47.4 | 4.3 | -80.3% |
| Austria | N/A | 49.0 | N/A | N/A | 0% |
| Others | N/A | 1.7 | N/A | N/A | 0% |
| Total | 719 | 133 | 426 | 389 | -18.5% |
Top Export Markets for Ferro-Alloys; Ferro-Vanadium from Romania in 2022:
- Germany (14.5 tons)
- Netherlands (0.2 tons)
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