Ferro-Alloys; Ferro-Niobium Price in Romania - 2023
Contents:
- Ferro-Alloys; Ferro-Niobium Price in Romania (CIF) - 2023
- Ferro-Alloys; Ferro-Niobium Price in Romania (FOB) - 2022
- Ferro-Alloys; Ferro-Niobium Imports in Romania
- Ferro-Alloys; Ferro-Niobium Exports in Romania
Ferro-Alloys; Ferro-Niobium Price in Romania (CIF) - 2023
In July 2023, the average ferro-alloys; ferro-niobium import price amounted to $29,763 per ton, almost unchanged from the previous month. Over the period under review, import price indicated a pronounced increase from July 2022 to July 2023: its price increased at an average monthly rate of +3.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, ferro-alloys; ferro-niobium import price increased by +7.2% against May 2023 indices. The growth pace was the most rapid in January 2023 when the average import price increased by 83% month-to-month. As a result, import price attained the peak level of $36,847 per ton. From February 2023 to July 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were Sweden ($36,565 per ton) and Italy ($34,288 per ton), while the price for the Netherlands ($28,189 per ton) and Slovakia ($29,030 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Sweden (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Alloys; Ferro-Niobium Price in Romania (FOB) - 2022
In 2022, the average ferro-alloys; ferro-niobium export price amounted to $32,452 per ton, surging by 113% against the previous year. In general, the export price showed tangible growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($33,739 per ton), while the average price for exports to the Czech Republic totaled $32,378 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Alloys; Ferro-Niobium Imports in Romania
In 2022, the amount of ferro-alloys; ferro-niobia imported into Romania skyrocketed to 233 tons, picking up by 54% against 2021 figures. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 96%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, ferro-alloys; ferro-niobium imports surged to $5.2M in 2022. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 98%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Ferro-Alloys; Ferro-Niobium in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.1 | 3.8 | 2.7 | 5.0 | 33.5% |
| Slovakia | N/A | N/A | 0.3 | N/A | 0% |
| Poland | N/A | 0.2 | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 2.1 | 4.2 | 3.1 | 5.2 | 35.3% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to Romania in 2022:
- Netherlands (226.5 tons)
- Slovakia (1.1 tons)
- Poland (1.0 tons)
Ferro-Alloys; Ferro-Niobium Exports in Romania
In 2022, approx. 925 kg of ferro-alloys; ferro-niobia were exported from Romania; dropping by -71.8% compared with 2021. Over the period under review, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 147%.
In value terms, ferro-alloys; ferro-niobium exports shrank significantly to $30K in 2022. In general, exports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 240%.
| Export of Ferro-Alloys; Ferro-Niobium in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | N/A | N/A | 28.3 | 0% |
| Germany | N/A | N/A | N/A | 1.7 | 0% |
| Poland | 10.0 | 14.7 | 49.9 | N/A | 123.4% |
| Netherlands | 75.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 85.0 | 14.7 | 49.9 | 30.0 | -29.3% |
Top Export Markets for Ferro-Alloys; Ferro-Niobium from Romania in 2022:
- Czech Republic (875.0 kg)
- Germany (50.0 kg)
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