Ferro-Alloys; Ferro-Niobium Price in France - 2023

Contents:

  1. Ferro-Alloys; Ferro-Niobium Price in France (CIF) - 2023
  2. Ferro-Alloys; Ferro-Niobium Price in France (FOB) - 2022
  3. Ferro-Alloys; Ferro-Niobium Imports in France
  4. Ferro-Alloys; Ferro-Niobium Exports in France

Ferro-Alloys; Ferro-Niobium Price in France (CIF) - 2023

The average ferro-alloys; ferro-niobium import price stood at $29,688 per ton in June 2023, reducing by -2.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in May 2023 an increase of 18% m-o-m. The import price peaked at $30,983 per ton in March 2023; however, from April 2023 to June 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were Germany ($36,182 per ton) and Belgium ($33,733 per ton), while the price for the Netherlands ($29,408 per ton) and Luxembourg ($31,022 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Luxembourg (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Ferro-Alloys; Ferro-Niobium Price in France (FOB) - 2022

In 2022, the average ferro-alloys; ferro-niobium export price amounted to $8,810 per ton, jumping by 131% against the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by 815%. The export price peaked at $28,275 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($30,448 per ton), while the average price for exports to the Netherlands ($3,469 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 Turkey (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Alloys; Ferro-Niobium Imports in France

In 2022, imports of ferro-alloys; ferro-niobia into France contracted significantly to 1.5K tons, which is down by -21.2% compared with 2021 figures. Overall, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 28% against the previous year.

In value terms, ferro-alloys; ferro-niobium imports shrank to $35M in 2022. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year.

Import of Ferro-Alloys; Ferro-Niobium in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A29.836.532.34.1%
Belgium1.31.41.61.1-5.4%
Germany0.20.30.50.858.7%
Brazil42.6N/AN/AN/A0%
Others2.30.40.50.5-39.9%
Total46.331.939.134.7-9.2%

Top Suppliers of Ferro-Alloys; Ferro-Niobium to France in 2022:

  1. Netherlands (1378.8 tons)
  2. Belgium (34.5 tons)
  3. Germany (26.9 tons)

Ferro-Alloys; Ferro-Niobium Exports in France

In 2022, approx. 349 tons of ferro-alloys; ferro-niobia were exported from France; with a decrease of -41.5% compared with 2021. In general, exports continue to indicate a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year.

In value terms, ferro-alloys; ferro-niobium exports surged to $3.1M in 2022. The total export value increased at an average annual rate of +12.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Ferro-Alloys; Ferro-Niobium in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey52.84801,2581,695217.8%
Netherlands55726268095519.7%
Slovenia28012247.7130-22.6%
Argentina165N/AN/AN/A0%
Canada962999N/AN/A3.8%
Others15650228329123.1%
Total2,1732,3652,2693,07112.2%

Top Export Markets for Ferro-Alloys; Ferro-Niobium from France in 2022:

  1. Netherlands (275.2 tons)
  2. Turkey (59.6 tons)
  3. Slovenia (4.3 tons)

Source: IndexBox Market Intelligence Platform

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