Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Germany - 2023
Contents:
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Germany (CIF) - 2023
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Germany (FOB) - 2022
- Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Germany
- Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Germany
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Germany (CIF) - 2023
In June 2023, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price amounted to $30,213 per ton, increasing by 2.5% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 15% m-o-m. Over the period under review, average import prices hit record highs at $33,295 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($43,319 per ton), while the price for Austria ($27,013 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Germany (FOB) - 2022
In 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten export price amounted to $35,098 per ton, jumping by 18% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-alloys; ferro-tungsten and ferro-silico-tungsten export price increased by +73.0% against 2016 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 23%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($45,391 per ton), while the average price for exports to Estonia ($20,970 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 the United States (+49.7%), 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 Germany
In 2022, imports of ferro-alloys; ferro-tungsten and ferro-silico-tungstens into Germany shrank to 642 tons, which is down by -14.8% compared with the previous year. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 8.5% against the previous year.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports reached $20M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. 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 Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.5 | 0.2 | 3.4 | 8.0 | 152.0% |
| China | 8.9 | 3.6 | 5.4 | 5.9 | -12.8% |
| Russia | 7.1 | 10.7 | 7.7 | 4.7 | -12.8% |
| Estonia | 1.3 | N/A | 0.2 | 0.7 | -18.6% |
| Others | 1.7 | 1.2 | 0.9 | 0.6 | -29.3% |
| Total | 19.6 | 15.8 | 17.7 | 20.0 | 0.7% |
Top Suppliers of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten to Germany in 2022:
- Netherlands (256.0 tons)
- China (190.0 tons)
- Russia (147.0 tons)
- Estonia (22.0 tons)
Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Germany
In 2022, ferro-alloys; ferro-tungsten and ferro-silico-tungsten exports from Germany soared to 78 tons, growing by 32% compared with 2021. Over the period under review, total exports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten exports skyrocketed to $2.7M in 2022. Overall, exports recorded a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | 32.6 | N/A | 854 | 411.8% |
| Sweden | 240 | 380 | 242 | 700 | 42.9% |
| Belgium | 181 | 35.8 | 196 | 557 | 45.5% |
| France | 262 | 124 | 199 | 165 | -14.3% |
| Netherlands | 310 | 75.8 | 209 | 142 | -22.9% |
| Estonia | N/A | N/A | N/A | 115 | 0% |
| Poland | 1.0 | 24.0 | 135 | 67.5 | 307.2% |
| Italy | 530 | 295 | 303 | 34.7 | -59.7% |
| Slovenia | 255 | 14.9 | 23.6 | N/A | -69.6% |
| Singapore | 104 | N/A | N/A | N/A | 0% |
| Czech Republic | N/A | N/A | 110 | N/A | 0% |
| Others | 303 | 326 | 330 | 87.3 | -34.0% |
| Total | 2,185 | 1,309 | 1,747 | 2,723 | 7.6% |
Top Export Markets for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten from Germany in 2022:
- Austria (23.8 tons)
- Belgium (16.7 tons)
- Sweden (15.4 tons)
- Estonia (5.5 tons)
- Netherlands (5.3 tons)
- France (5.3 tons)
- Poland (2.1 tons)
- Italy (1.1 tons)
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