Ferro-Alloys; Ferro-Vanadium Price in the Czech Republic - 2023
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in the Czech Republic (FOB) - 2023
- Ferro-Alloys; Ferro-Vanadium Price in the Czech Republic (CIF) - 2023
- Ferro-Alloys; Ferro-Vanadium Exports in the Czech Republic
- Ferro-Alloys; Ferro-Vanadium Imports in the Czech Republic
Ferro-Alloys; Ferro-Vanadium Price in the Czech Republic (FOB) - 2023
The average ferro-alloys; ferro-vanadium export price stood at $27,452 per ton in June 2023, surging by 2.7% against the previous month. Over the period under review, export price indicated a mild increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, ferro-alloys; ferro-vanadium export price decreased by -10.9% against April 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 35% month-to-month. Over the period under review, the average export prices hit record highs at $30,820 per ton in April 2023; however, from May 2023 to June 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In June 2023, the country with the highest price was Slovakia ($31,306 per ton), while the average price for exports to Spain ($25,536 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.
Ferro-Alloys; Ferro-Vanadium Price in the Czech Republic (CIF) - 2023
In June 2023, the average ferro-alloys; ferro-vanadium import price amounted to $28,612 per ton, which is down by -14.8% against the previous month. Over the period under review, the import price showed 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. The import price peaked at $33,563 per ton in May 2023, and then reduced in the following month.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Slovakia ($35,025 per ton), while the price for Austria ($24,400 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 Estonia (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Alloys; Ferro-Vanadium Exports in the Czech Republic
Ferro-alloys; ferro-vanadium exports from the Czech Republic dropped to 5.9K tons in 2022, waning by -3.9% on the previous year. In general, exports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 9.3%.
In value terms, ferro-alloys; ferro-vanadium exports shrank notably to $141M in 2022. Overall, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 117%.
| Export of Ferro-Alloys; Ferro-Vanadium in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 63.9 | 14.0 | 27.4 | 33.0 | -19.8% |
| Japan | 32.4 | 8.7 | 28.7 | 27.1 | -5.8% |
| Netherlands | 52.4 | 4.4 | 2.3 | 15.0 | -34.1% |
| China | N/A | 20.0 | 13.3 | 14.1 | -16.0% |
| Turkey | 12.1 | 6.0 | 17.5 | 9.5 | -7.7% |
| Germany | 9.3 | 1.5 | 14.8 | 8.8 | -1.8% |
| Taiwan (Chinese) | 21.1 | 3.6 | 20.1 | 7.0 | -30.8% |
| Poland | 9.4 | 1.3 | 3.0 | 4.2 | -23.6% |
| Ukraine | 11.0 | 5.1 | 14.3 | 3.0 | -35.2% |
| Others | 44.6 | 12.4 | 25.3 | 19.7 | -23.8% |
| Total | 256 | 76.9 | 167 | 141 | -18.0% |
Top Export Markets for Ferro-Alloys; Ferro-Vanadium from the Czech Republic in 2022:
- United States (1311.3 tons)
- Japan (1030.0 tons)
- China (1002.0 tons)
- Netherlands (518.2 tons)
- Turkey (374.0 tons)
- Germany (329.1 tons)
- Taiwan (Chinese) (280.0 tons)
- Poland (156.2 tons)
- Ukraine (122.0 tons)
Ferro-Alloys; Ferro-Vanadium Imports in the Czech Republic
In 2022, the amount of ferro-alloys; ferro-vanadia imported into the Czech Republic surged to 355 tons, with an increase of 19% against 2021. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations 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-vanadium imports amounted to $9.2M in 2022. In general, imports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 54%.
| Import of Ferro-Alloys; Ferro-Vanadium in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 7.5 | 2.4 | 4.7 | 5.6 | -9.3% |
| Slovakia | 1.9 | 0.9 | 0.5 | 1.6 | -5.6% |
| China | 0.3 | 0.6 | 0.6 | 0.4 | 10.1% |
| Russia | N/A | N/A | 0.1 | 0.4 | 300.0% |
| South Korea | 0.6 | 0.3 | 1.9 | 0.3 | -20.6% |
| Estonia | N/A | N/A | N/A | 0.2 | 0% |
| Lithuania | 0.1 | 0.1 | 0.4 | 0.2 | 26.0% |
| Others | 0.8 | 1.2 | 0.1 | 0.5 | -14.5% |
| Total | 11.3 | 5.4 | 8.3 | 9.2 | -6.6% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to the Czech Republic in 2022:
- Austria (226.3 tons)
- Slovakia (48.5 tons)
- Russia (15.6 tons)
- China (12.1 tons)
- South Korea (11.3 tons)
- Estonia (9.7 tons)
- Lithuania (9.7 tons)
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