Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Austria - 2023
Contents:
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Austria (CIF) - 2023
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Austria (FOB) - 2022
- Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Austria
- Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Austria
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Austria (CIF) - 2023
The average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price stood at $30,113 per ton in May 2023, almost unchanged from the previous month. In general, the import price recorded a slight slump. The pace of growth was the most pronounced in October 2022 an increase of 6.4% month-to-month. The import price peaked at $36,252 per ton in May 2022; however, from June 2022 to May 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From May 2022 to May 2023, the rate of growth in terms of prices for the Netherlands amounted to -0.2% per month.
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Austria (FOB) - 2022
In 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten export price amounted to $1,132,490 per ton, picking up by 3,419% against the previous year. In general, the export price recorded a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($2,530,994 per ton), while the average price for exports to Italy ($756,751 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+54.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Austria
In 2022, the amount of ferro-alloys; ferro-tungsten and ferro-silico-tungstens imported into Austria surged to 468 tons, jumping by 18% compared with 2021 figures. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable 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-alloys; ferro-tungsten and ferro-silico-tungsten imports skyrocketed to $15M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.4 | 4.5 | 4.2 | 7.4 | 45.5% |
| China | 2.4 | 1.2 | 1.8 | 3.2 | 10.1% |
| Netherlands | 0.3 | 0.2 | 0.3 | 1.0 | 49.4% |
| Italy | 2.3 | 0.5 | 0.4 | 1.0 | -24.2% |
| Germany | 0.2 | 0.2 | 0.2 | 0.6 | 44.2% |
| Belgium | 0.8 | 1.1 | 1.5 | 0.6 | -9.1% |
| Sweden | 0.2 | 0.3 | 0.2 | 0.4 | 26.0% |
| Estonia | N/A | 0.8 | 0.2 | N/A | -75.0% |
| Others | 0.4 | 0.3 | 0.1 | 0.4 | 0.0% |
| Total | 8.9 | 9.0 | 9.0 | 14.6 | 17.9% |
Top Suppliers of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten to Austria in 2022:
- Russia (231.6 tons)
- China (106.6 tons)
- Italy (41.9 tons)
- Netherlands (29.5 tons)
- Belgium (18.9 tons)
- Germany (16.4 tons)
- Sweden (11.5 tons)
Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Austria
In 2022, approx. 400 kg of ferro-alloys; ferro-tungsten and ferro-silico-tungstens were exported from Austria; declining by -97.5% compared with 2021 figures. In general, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 5,405%. As a result, the exports attained the peak of 16 tons, and then reduced dramatically in the following year.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten exports fell to $453K in 2022. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 12,872%. As a result, the exports reached the peak of $507K, and then shrank in the following year.
| Export of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.4 | 0.2 | 16.2 | 184 | 324.8% |
| Canada | 1.5 | 0.5 | 11.9 | 158 | 372.3% |
| Germany | 0.9 | 0.1 | 1.3 | 106 | 390.2% |
| United States | N/A | N/A | 477 | N/A | 0% |
| Others | N/A | 3.1 | 0.4 | 5.7 | 35.6% |
| Total | 4.9 | 3.9 | 507 | 453 | 352.2% |
Top Export Markets for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten from Austria in 2022:
- Italy (243.0 kg)
- Germany (92.0 kg)
- Canada (62.0 kg)
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