Ferro-Alloys; Ferro-Vanadium Price in Serbia - 2023
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Serbia (CIF) - 2022
- Ferro-Alloys; Ferro-Vanadium Price in Serbia (FOB) - 2022
- Ferro-Alloys; Ferro-Vanadium Imports in Serbia
- Ferro-Alloys; Ferro-Vanadium Exports in Serbia
Ferro-Alloys; Ferro-Vanadium Price in Serbia (CIF) - 2022
The average ferro-alloys; ferro-vanadium import price stood at $32,878 per ton in 2022, with a decrease of -8.9% against the previous year. In general, the import price, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2018 an increase of 183%. As a result, import price attained the peak level of $72,156 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Czech Republic ($33,275 per ton) and Austria ($32,848 per ton), while the price for China ($26,796 per ton) and Russia ($26,995 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+170.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Alloys; Ferro-Vanadium Price in Serbia (FOB) - 2022
In 2022, the average ferro-alloys; ferro-vanadium export price amounted to $33,600 per ton, surging by 7.5% against the previous year. In general, the export price posted a perceptible increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 36% against the previous year. The export price peaked at $35,033 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($53,647 per ton), while the average price for exports to Germany totaled $22,573 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.6%).
Ferro-Alloys; Ferro-Vanadium Imports in Serbia
Ferro-alloys; ferro-vanadium imports into Serbia declined sharply to 1.6 tons in 2022, waning by -21.7% against 2021 figures. Overall, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 77% against the previous year.
In value terms, ferro-alloys; ferro-vanadium imports declined rapidly to $52K in 2022. In general, imports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 134% against the previous year.
| Import of Ferro-Alloys; Ferro-Vanadium in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 11.3 | 1.8 | 9.3 | 9.8 | -4.6% |
| South Korea | 16.3 | 3.0 | 7.1 | 6.1 | -27.9% |
| Slovenia | 5.0 | 0.8 | 13.8 | 5.1 | 0.7% |
| Russia | 4.8 | 0.7 | 2.4 | 3.7 | -8.3% |
| Croatia | 1.2 | 1.0 | 3.2 | 2.9 | 34.2% |
| China | 14.2 | 7.4 | 10.7 | 2.2 | -46.3% |
| Czech Republic | 3.0 | 3.8 | 2.3 | 1.4 | -22.4% |
| Others | 59.5 | 12.8 | 24.5 | 21.3 | -29.0% |
| Total | 115 | 31.3 | 73.3 | 52.3 | -23.1% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Serbia in 2022:
- Austria (297.0 kg)
- South Korea (204.0 kg)
- Slovenia (163.0 kg)
- Russia (137.0 kg)
- Croatia (101.0 kg)
- China (82.0 kg)
- Czech Republic (41.0 kg)
Ferro-Alloys; Ferro-Vanadium Exports in Serbia
In 2022, exports of ferro-alloys; ferro-vanadia from Serbia fell markedly to 20 kg, with a decrease of -89.8% on the year before. Over the period under review, exports recorded a precipitous curtailment. The growth pace was the most rapid in 2021 when exports increased by 59%.
In value terms, ferro-alloys; ferro-vanadium exports dropped significantly to $672 in 2022. In general, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 116% against the previous year.
| Export of Ferro-Alloys; Ferro-Vanadium in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 7.8 | 1.2 | 4.2 | 0.4 | -62.8% |
| Germany | 1.7 | 0.3 | 1.4 | 0.3 | -43.9% |
| Netherlands | N/A | N/A | 0.6 | N/A | 0% |
| Others | N/A | 1.4 | N/A | N/A | 0% |
| Total | 9.5 | 2.9 | 6.2 | 0.7 | -58.1% |
Top Export Markets for Ferro-Alloys; Ferro-Vanadium from Serbia in 2022:
- Germany (13.0 kg)
- North Macedonia (7.0 kg)
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