Ferro-Alloys; Ferro-Nickel Price in Ukraine - 2023

Contents:

  1. Ferro-Alloys; Ferro-Nickel Price in Ukraine (FOB) - 2022
  2. Ferro-Alloys; Ferro-Nickel Price in Ukraine (CIF) - 2022
  3. Ferro-Alloys; Ferro-Nickel Exports in Ukraine
  4. Ferro-Alloys; Ferro-Nickel Imports in Ukraine

Ferro-Alloys; Ferro-Nickel Price in Ukraine (FOB) - 2022

In 2022, the average ferro-alloys; ferro-nickel export price amounted to $2,424 per ton, picking up by 8.8% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2015 when the average export price increased by 15%. The export price peaked at $3,009 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($2,561 per ton) and the Netherlands ($2,536 per ton), while the average price for exports to Poland ($2,108 per ton) and China ($2,342 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Ferro-Alloys; Ferro-Nickel Price in Ukraine (CIF) - 2022

In 2022, the average ferro-alloys; ferro-nickel import price amounted to $5,520 per ton, picking up by 22% against the previous year. In general, the import price, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by 35% against the previous year. The import price peaked at $16,036 per ton in 2012; however, from 2013 to 2022, import prices stood 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 Colombia ($7,278 per ton), while the price for Brazil amounted to $5,040 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+29.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Ferro-Alloys; Ferro-Nickel Exports in Ukraine

In 2022, shipments abroad of ferro-alloys; ferro-nickels decreased by -32.6% to 53K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 0.9%. As a result, the exports attained the peak of 78K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, ferro-alloys; ferro-nickel exports declined markedly to $128M in 2022. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 0.4% against the previous year.

Export of Ferro-Alloys; Ferro-Nickel in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.980.819.464.7315.8%
China71.385.111729.8-25.2%
PolandN/AN/AN/A17.00%
Italy50.86.023.812.6-37.2%
United Kingdom12.90.96.73.1-37.8%
South Korea30.5N/AN/AN/A0%
Others8.20.67.10.3-66.8%
Total175173174128-9.9%

Top Export Markets for Ferro-Alloys; Ferro-Nickel from Ukraine in 2022:

  1. Netherlands (25.5K tons)
  2. China (12.7K tons)
  3. Poland (8.1K tons)
  4. Italy (4.9K tons)
  5. United Kingdom (1.3K tons)

Ferro-Alloys; Ferro-Nickel Imports in Ukraine

In 2022, after three years of growth, there was significant decline in overseas purchases of ferro-alloys; ferro-nickels, when their volume decreased by -62.6% to 932 tons. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 286% against the previous year.

In value terms, ferro-alloys; ferro-nickel imports contracted notably to $5.1M in 2022. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 276% against the previous year.

Import of Ferro-Alloys; Ferro-Nickel in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1.32.35.03.741.7%
ColombiaN/A1.55.81.50.0%
RussiaN/A1.20.4N/A-66.7%
OthersN/AN/A0.1N/A0%
Total1.35.011.25.157.7%

Top Suppliers of Ferro-Alloys; Ferro-Nickel to Ukraine in 2022:

  1. Brazil (732.2 tons)
  2. Colombia (199.8 tons)

Source: IndexBox Market Intelligence Platform

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