Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Spain - 2023
Contents:
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Spain (CIF) - 2022
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Spain (FOB) - 2022
- Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Spain
- Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Spain
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Spain (CIF) - 2022
In 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price amounted to $23,901 per ton, rising by 3% against the previous year. Over the period under review, the import price, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 47% against the previous year. Over the period under review, average import prices attained the peak figure at $36,504 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($33,100 per ton), while the price for Italy ($3,615 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-3.4%), while the prices for the other major suppliers experienced a decline.
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Spain (FOB) - 2022
The average ferro-alloys; ferro-tungsten and ferro-silico-tungsten export price stood at $34,825 per ton in 2022, surging by 32% against the previous year. In general, the export price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 38%. Over the period under review, the average export prices hit record highs at $46,919 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($177,695 per ton), while the average price for exports to Poland ($7,277 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 Germany (+29.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Spain
In 2022, purchases abroad of ferro-alloys; ferro-tungsten and ferro-silico-tungstens decreased by -13.4% to 73 tons, falling for the second year in a row after two years of growth. Overall, total imports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. As a result, imports attained the peak of 101 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports declined to $1.7M in 2022. In general, total imports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +4.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 55%. As a result, imports attained the peak of $2.4M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 543 | 332 | 719 | 567 | 1.5% |
| Vietnam | 316 | 409 | 395 | 365 | 4.9% |
| Belgium | 133 | 1,034 | 262 | 194 | 13.4% |
| Brazil | 220 | 243 | 200 | 158 | -10.4% |
| Netherlands | 46.4 | 82.8 | 106 | 113 | 34.5% |
| United Kingdom | 148 | 85.5 | 95.4 | 78.5 | -19.1% |
| Iceland | N/A | N/A | N/A | 68.8 | 0% |
| Slovakia | N/A | N/A | N/A | 31.4 | 0% |
| Italy | 3.9 | 10.2 | 13.3 | 10.5 | 39.1% |
| Others | 115 | 164 | 152 | 147 | 8.5% |
| Total | 1,525 | 2,362 | 1,944 | 1,734 | 4.4% |
Top Suppliers of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten to Spain in 2022:
- China (20.1 tons)
- Vietnam (15.6 tons)
- Slovakia (8.6 tons)
- Belgium (6.8 tons)
- Brazil (5.3 tons)
- Netherlands (3.4 tons)
- Italy (2.9 tons)
- Iceland (2.6 tons)
- United Kingdom (2.5 tons)
Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Spain
In 2022, shipments abroad of ferro-alloys; ferro-tungsten and ferro-silico-tungstens decreased by -68.1% to 9.1 tons, falling for the second year in a row after two years of growth. In general, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 33%. As a result, the exports reached the peak of 33 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten exports dropped sharply to $316K in 2022. Overall, exports saw a sharp reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 22% against the previous year. As a result, the exports reached the peak of $826K. 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 Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 180 | 134 | 210 | 89.7 | -20.7% |
| Germany | 99.1 | 284 | 150 | 86.4 | -4.5% |
| Sweden | 62.0 | 151 | 208 | 78.2 | 8.0% |
| Netherlands | 171 | 103 | 131 | 42.0 | -37.4% |
| Poland | 23.3 | 16.1 | 23.6 | 9.4 | -26.1% |
| United Kingdom | 9.0 | 2.4 | 7.9 | 3.0 | -30.7% |
| France | 94.5 | 118 | 0.5 | 0.1 | -89.8% |
| Others | 36.8 | 17.5 | 20.4 | 7.1 | -42.2% |
| Total | 676 | 826 | 751 | 316 | -22.4% |
Top Export Markets for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten from Spain in 2022:
- France (undefined tons)
- Belgium (2.8 tons)
- Germany (1.8 tons)
- Sweden (1.6 tons)
- Netherlands (1.3 tons)
- Poland (1.3 tons)
- United Kingdom (0.2 tons)
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