Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Italy - 2023
Contents:
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Italy (CIF) - 2023
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Italy (FOB) - 2022
- Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Italy
- Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Italy
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Italy (CIF) - 2023
The average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price stood at $30,731 per ton in May 2023, increasing by 1.6% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in July 2022 when the average import price increased by 364% month-to-month. The import price peaked at $34,022 per ton in May 2022; however, from June 2022 to May 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In May 2023, the country with the highest price was the Netherlands ($31,217 per ton), while the price for Belgium amounted to $30,585 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Belgium (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Italy (FOB) - 2022
The average ferro-alloys; ferro-tungsten and ferro-silico-tungsten export price stood at $82,214 per ton in 2022, surging by 295% against the previous year. In general, the export price enjoyed resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 France ($259,291 per ton), while the average price for exports to Germany ($27,198 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 France (+24.6%), 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 Italy
In 2022, the amount of ferro-alloys; ferro-tungsten and ferro-silico-tungstens imported into Italy soared to 496 tons, growing by 104% against the previous year's figure. Over the period under review, imports enjoyed a significant increase. 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 surged to $7.6M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.7% 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 +63.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.1 | 3.1 | 4.2 | 5.9 | 41.1% |
| Belgium | 0.1 | 0.6 | 0.2 | 1.1 | 122.4% |
| Estonia | N/A | 0.1 | 0.2 | 0.4 | 100.0% |
| Germany | 0.2 | 0.3 | 0.5 | 0.1 | -20.6% |
| Russia | 1.9 | 1.3 | N/A | N/A | -31.6% |
| China | 0.2 | 0.2 | N/A | N/A | 0.0% |
| Others | 0.3 | 0.6 | 0.2 | 0.1 | -30.7% |
| Total | 4.7 | 6.2 | 5.4 | 7.6 | 17.4% |
Top Suppliers of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten to Italy in 2022:
- Netherlands (437.4 tons)
- Belgium (39.6 tons)
- Estonia (10.8 tons)
- Germany (5.0 tons)
Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Italy
In 2022, overseas shipments of ferro-alloys; ferro-tungsten and ferro-silico-tungstens decreased by -81.7% to 9.7 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 313%. As a result, the exports attained the peak of 86 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten exports declined markedly to $800K in 2022. Overall, exports, however, saw a moderate increase. The growth pace was the most rapid in 2020 when exports increased by 115%. As a result, the exports attained the peak of $1.5M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 24.2 | 185 | 681 | 393 | 153.2% |
| Egypt | 53.2 | 280 | 295 | 286 | 75.2% |
| France | 1.2 | 21.8 | 61.9 | 115 | 357.6% |
| Czech Republic | N/A | 56.5 | N/A | 3.4 | -75.5% |
| Germany | 11.5 | 443 | 32.0 | 1.8 | -46.1% |
| Austria | 550 | 523 | 4.5 | N/A | -91.0% |
| Others | 63.4 | 1.8 | 33.6 | 1.2 | -73.3% |
| Total | 703 | 1,512 | 1,108 | 800 | 4.4% |
Top Export Markets for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten from Italy in 2022:
- Czech Republic (undefined tons)
- Egypt (6.4 tons)
- Sweden (2.8 tons)
- France (0.4 tons)
- Germany (0.1 tons)
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