Ferro-Alloys; Ferro-Vanadium Price in Sweden - 2023
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Sweden (CIF) - 2023
- Ferro-Alloys; Ferro-Vanadium Price in Sweden (FOB) - 2023
- Ferro-Alloys; Ferro-Vanadium Imports in Sweden
- Ferro-Alloys; Ferro-Vanadium Exports in Sweden
Ferro-Alloys; Ferro-Vanadium Price in Sweden (CIF) - 2023
In May 2023, the average ferro-alloys; ferro-vanadium import price amounted to $30,761 per ton, with a decrease of -2.2% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 15% against the previous month. Over the period under review, average import prices attained the peak figure at $39,171 per ton in September 2022; however, from October 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 Ireland ($36,929 per ton) and Austria ($32,955 per ton), while the price for South Africa ($27,871 per ton) and the Netherlands ($29,459 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 Ireland (+4.1%), while the prices for the other major suppliers experienced a decline.
Ferro-Alloys; Ferro-Vanadium Price in Sweden (FOB) - 2023
The average ferro-alloys; ferro-vanadium export price stood at $26,595 per ton in June 2023, shrinking by -11.9% against the previous month. In general, the export price recorded a pronounced downturn. The growth pace was the most rapid in December 2022 an increase of 30% month-to-month. The export price peaked at $34,449 per ton in July 2022; however, from August 2022 to June 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Finland.
From June 2022 to June 2023, the rate of growth in terms of prices for Norway amounted to +0.3% per month.
Ferro-Alloys; Ferro-Vanadium Imports in Sweden
In 2022, ferro-alloys; ferro-vanadium imports into Sweden soared to 804 tons, rising by 179% on 2021 figures. In general, imports saw a significant expansion. 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 surged to $27M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Alloys; Ferro-Vanadium in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | 4.5 | 19.1 | 324.4% |
| Austria | 3.2 | 1.9 | 1.6 | 4.3 | 10.4% |
| Netherlands | 8.5 | 1.4 | 1.3 | 2.8 | -30.9% |
| Ireland | N/A | 1.0 | 1.3 | 0.4 | -36.8% |
| Czech Republic | 0.4 | 0.2 | N/A | N/A | -50.0% |
| Others | 0.7 | 0.1 | N/A | N/A | -85.7% |
| Total | 12.7 | 4.6 | 8.7 | 26.8 | 28.3% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Sweden in 2022:
- South Africa (556.9 tons)
- Austria (129.9 tons)
- Netherlands (97.7 tons)
- Ireland (16.1 tons)
- Czech Republic (1.0 tons)
Ferro-Alloys; Ferro-Vanadium Exports in Sweden
Ferro-alloys; ferro-vanadium exports from Sweden surged to 150 tons in 2022, picking up by 319% compared with 2021 figures. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-vanadium exports skyrocketed to $5M in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ferro-Alloys; Ferro-Vanadium in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | N/A | N/A | 618 | 3,548 | 474.1% |
| Norway | 0.2 | 44.5 | 120 | 571 | 1318.6% |
| France | 706 | 94.1 | 72.6 | 236 | -30.6% |
| Germany | 676 | 453 | 259 | 194 | -34.0% |
| United States | 190 | 63.1 | 36.0 | 149 | -7.8% |
| Malaysia | 79.8 | N/A | 53.5 | 96.3 | 6.5% |
| Others | 191 | 64.5 | 122 | 161 | -5.5% |
| Total | 1,842 | 719 | 1,281 | 4,955 | 39.1% |
Top Export Markets for Ferro-Alloys; Ferro-Vanadium from Sweden in 2022:
- Finland (108.0 tons)
- Norway (19.0 tons)
- France (6.0 tons)
- Germany (5.0 tons)
- United States (4.0 tons)
- Malaysia (3.0 tons)
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