Ferro-Alloys; Ferro-Niobium Price in Greece - 2023
Contents:
- Ferro-Alloys; Ferro-Niobium Price in Greece (CIF) - 2022
- Ferro-Alloys; Ferro-Niobium Price in Greece (FOB) - 2022
- Ferro-Alloys; Ferro-Niobium Imports in Greece
- Ferro-Alloys; Ferro-Niobium Exports in Greece
Ferro-Alloys; Ferro-Niobium Price in Greece (CIF) - 2022
In 2022, the average ferro-alloys; ferro-niobium import price amounted to $10,791 per ton, increasing by 123% against the previous year. Over the period under review, the import price posted prominent growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 350%. Over the period under review, average import prices reached the peak figure at $26,337 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($32,025 per ton), while the price for Germany stood at $9,797 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+42.8%), while the prices for the other major suppliers experienced a decline.
Ferro-Alloys; Ferro-Niobium Price in Greece (FOB) - 2022
In 2022, the average ferro-alloys; ferro-niobium export price amounted to $23,933 per ton, standing approx. at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The export price peaked at $23,945 per ton in 2021, and then contracted modestly in the following year.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2020 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +13.6% per year.
Ferro-Alloys; Ferro-Niobium Imports in Greece
In 2022, purchases abroad of ferro-alloys; ferro-niobia decreased by -32.5% to 22 tons, falling for the second consecutive year after two years of growth. In general, imports showed a perceptible decline. The growth pace was the most rapid in 2020 with an increase of 77% against the previous year. As a result, imports reached the peak of 42 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, ferro-alloys; ferro-niobium imports skyrocketed to $241K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.4% 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 increased by +57.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Alloys; Ferro-Niobium in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 92.2 | 167 | 160 | 209 | 31.4% |
| United Kingdom | N/A | N/A | N/A | 32.0 | 0% |
| Bulgaria | 49.5 | N/A | N/A | N/A | 0% |
| Others | 11.0 | N/A | N/A | N/A | 0% |
| Total | 153 | 167 | 160 | 241 | 16.4% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to Greece in 2022:
- Germany (21.4 tons)
- United Kingdom (1.0 tons)
Ferro-Alloys; Ferro-Niobium Exports in Greece
Ferro-alloys; ferro-niobium exports from Greece skyrocketed to 908 kg in 2022, jumping by 50% against 2021. In general, exports, however, continue to indicate a deep contraction.
In value terms, ferro-alloys; ferro-niobium exports skyrocketed to $22K in 2022. Overall, exports, however, saw a deep downturn.
| Export of Ferro-Alloys; Ferro-Niobium in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | N/A | N/A | 21.7 | 0% | |
| Bulgaria | 28.7 | N/A | N/A | 0% | |
| Italy | 0.2 | 14.5 | N/A | 7150.0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 29.0 | 14.5 | 21.7 | -13.5% | |
Top Export Markets for Ferro-Alloys; Ferro-Niobium from Greece in 2022:
- Netherlands (908.0 kg)
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