Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Luxembourg - 2022

Contents:

  1. Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Luxembourg (CIF) - 2022
  2. Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Luxembourg (FOB) - 2022
  3. Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Luxembourg
  4. Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Luxembourg

Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Luxembourg (CIF) - 2022

In 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price amounted to $30,929 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2020 an increase of 193% against the previous year. As a result, import price reached the peak level of $68,774 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($39,569 per ton), while the price for the Netherlands amounted to $29,265 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.2%).

Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Luxembourg (FOB) - 2022

In 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten export price amounted to $20,660 per ton, picking up by 1.6% against the previous year. In general, the export price, however, saw a deep slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 54%. The export price peaked at $42,667 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 the Netherlands ($52,988 per ton), while the average price for exports to Germany ($16,404 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 Netherlands (+3.5%), while the prices for the other major destinations experienced a decline.

Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Luxembourg

Ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports into Luxembourg contracted sharply to 661 kg in 2022, waning by -39.9% against the previous year's figure. Overall, imports recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 609% against the previous year.

In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports contracted remarkably to $20K in 2022. In general, imports saw a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 219%.

Import of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3379.531.216.2-63.6%
Germany42.11.22.84.2-53.6%
OthersN/AN/AN/AN/A0%
Total37910.734.020.4-62.2%

Top Suppliers of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten to Luxembourg in 2022:

  1. Netherlands (554.0 kg)
  2. Germany (107.0 kg)

Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Luxembourg

In 2022, overseas shipments of ferro-alloys; ferro-tungsten and ferro-silico-tungstens decreased by -86.4% to 2.1 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a significant decrease. The pace of growth appeared the most rapid in 2020 with an increase of 30% against the previous year. As a result, the exports reached the peak of 18 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten exports fell dramatically to $43K in 2022. Overall, exports showed a sharp downturn. The pace of growth appeared the most rapid in 2020 with an increase of 99.9% against the previous year. As a result, the exports reached the peak of $420K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium72.811416021.2-33.7%
France10526012418.8-43.6%
Germany32.145.230.43.5-52.2%
OthersN/AN/AN/AN/A0%
Total21042031543.4-40.9%

Top Export Markets for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten from Luxembourg in 2022:

  1. Belgium (996.0 kg)
  2. France (893.0 kg)
  3. Germany (210.0 kg)

Source: IndexBox Market Intelligence Platform

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