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Sweden - Ferro-Chromium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Chromium Price in Sweden - 2023
Contents:
- Ferro-Chromium Price in Sweden (FOB) - 2023
- Ferro-Chromium Price in Sweden (CIF) - 2023
- Ferro-Chromium Exports in Sweden
- Ferro-Chromium Imports in Sweden
Ferro-Chromium Price in Sweden (FOB) - 2023
The average ferro-chromium export price stood at $2,652 per ton in August 2023, falling by -4.9% against the previous month. Over the period under review, the export price continues to indicate a perceptible slump. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 16% month-to-month. Over the period under review, the average export prices attained the maximum at $3,727 per ton in September 2022; however, from October 2022 to August 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($7,348 per ton), while the average price for exports to Japan ($1,679 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.
Ferro-Chromium Price in Sweden (CIF) - 2023
The average ferro-chromium import price stood at $2,618 per ton in August 2023, rising by 89% against the previous month. In general, import price indicated a pronounced increase from August 2022 to August 2023: its price increased at an average monthly rate of +3.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, ferro-chromium import price increased by +89.1% against July 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($7,372 per ton), while the price for Finland ($1,329 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Chromium Exports in Sweden
In 2022, exports of ferro-chromium from Sweden soared to 82K tons, growing by 32% on the previous year's figure. The total export volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ferro-chromium exports skyrocketed to $262M in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Ferro-Chromium in Sweden (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 44.2 | 45.1 | 35.5 | 90.7 | 27.1% |
Germany | 3.9 | 2.9 | 4.4 | 51.5 | 136.4% |
Japan | 9.4 | 7.8 | 5.9 | 19.5 | 27.5% |
United States | 2.1 | 1.8 | 11.0 | 17.8 | 103.9% |
Brazil | 6.9 | 2.7 | 3.3 | 16.7 | 34.3% |
Slovenia | N/A | 2.1 | 8.9 | 10.7 | 125.7% |
United Kingdom | 1.8 | 1.8 | 3.6 | 8.6 | 68.4% |
Italy | 0.4 | 0.8 | 2.3 | 8.4 | 175.9% |
Poland | 2.1 | 2.4 | 2.3 | 8.0 | 56.2% |
Australia | 6.8 | 4.6 | 3.3 | 5.2 | -8.6% |
India | 0.1 | 0.6 | 0.9 | 4.0 | 242.0% |
Spain | 9.5 | 2.3 | 1.3 | 3.9 | -25.7% |
Others | 13.0 | 8.3 | 8.9 | 16.9 | 9.1% |
Total | 100 | 83.2 | 91.6 | 262 | 37.9% |
Top Export Markets for Ferro-Chromium from Sweden in 2022:
- Belgium (28.0K tons)
- Germany (14.3K tons)
- Japan (9.6K tons)
- Slovenia (5.0K tons)
- United States (4.4K tons)
- Brazil (3.6K tons)
- United Kingdom (3.4K tons)
- Italy (2.5K tons)
- Poland (2.4K tons)
- India (1.9K tons)
- Australia (1.3K tons)
- Spain (1.2K tons)
Ferro-Chromium Imports in Sweden
Ferro-chromium imports into Sweden soared to 96K tons in 2022, increasing by 20% compared with 2021. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ferro-chromium imports surged to $157M in 2022. Over the period under review, imports continue to indicate resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Ferro-Chromium in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 76.4 | 63.8 | 58.2 | 87.8 | 4.7% |
Zimbabwe | N/A | N/A | 2.3 | 14.6 | 534.8% |
Germany | 4.6 | 4.3 | 3.9 | 13.2 | 42.1% |
Netherlands | 0.6 | 1.8 | 1.1 | 10.9 | 162.9% |
Turkey | 6.3 | 0.7 | 14.6 | 10.5 | 18.6% |
Albania | 0.3 | N/A | 1.2 | 9.4 | 215.3% |
Russia | 5.7 | 1.7 | 4.5 | 7.9 | 11.5% |
Others | 5.0 | 1.5 | 0.5 | 2.5 | -20.6% |
Total | 98.9 | 73.8 | 86.4 | 157 | 16.7% |
Top Suppliers of Ferro-Chromium to Sweden in 2022:
- Finland (70.5K tons)
- Zimbabwe (9.7K tons)
- Netherlands (5.3K tons)
- Albania (3.6K tons)
- Russia (2.8K tons)
- Turkey (2.6K tons)
- Germany (1.5K tons)
This report provides an in-depth analysis of the ferro-chromium market in Sweden. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sweden
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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