Ferro-Alloys; Ferro-Niobium Price in Sweden - 2023
Contents:
- Ferro-Alloys; Ferro-Niobium Price in Sweden (CIF) - 2023
- Ferro-Alloys; Ferro-Niobium Price in Sweden (FOB) - 2023
- Ferro-Alloys; Ferro-Niobium Imports in Sweden
- Ferro-Alloys; Ferro-Niobium Exports in Sweden
Ferro-Alloys; Ferro-Niobium Price in Sweden (CIF) - 2023
In June 2023, the average ferro-alloys; ferro-niobium import price amounted to $44,231 per ton, rising by 38% against the previous month. Overall, import price indicated pronounced growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.0% 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-niobium import price decreased by -7.7% against April 2023 indices. The growth pace was the most rapid in January 2023 when the average import price increased by 60% month-to-month. As a result, import price attained the peak level of $50,325 per ton. From February 2023 to June 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From June 2022 to June 2023, the rate of growth in terms of prices for the Netherlands amounted to +2.0% per month.
Ferro-Alloys; Ferro-Niobium Price in Sweden (FOB) - 2023
In July 2023, the average ferro-alloys; ferro-niobium export price amounted to $30,675 per ton, shrinking by -7% against the previous month. Overall, the export price saw a mild descent. The pace of growth was the most pronounced in March 2023 an increase of 23% m-o-m. Over the period under review, the average export prices hit record highs at $36,936 per ton in May 2023; however, from June 2023 to July 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In July 2023, the country with the highest price was Finland ($36,707 per ton), while the average price for exports to Ireland amounted to $30,032 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Alloys; Ferro-Niobium Imports in Sweden
Ferro-alloys; ferro-niobium imports into Sweden shrank markedly to 1.2K tons in 2022, waning by -49.1% compared with the previous year's figure. In general, imports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year.
In value terms, ferro-alloys; ferro-niobium imports declined sharply to $31M in 2022. Overall, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year.
| Import of Ferro-Alloys; Ferro-Niobium in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 54.0 | 45.5 | 48.8 | 31.2 | -16.7% |
| Others | 1.3 | 0.3 | 1.7 | N/A | 14.4% |
| Total | 55.2 | 45.8 | 50.5 | 31.2 | -17.3% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to Sweden in 2022:
- Netherlands (1162.3 tons)
Ferro-Alloys; Ferro-Niobium Exports in Sweden
In 2022, approx. 419 tons of ferro-alloys; ferro-niobia were exported from Sweden; which is down by -69% on the previous year. Overall, exports showed a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 14%.
In value terms, ferro-alloys; ferro-niobium exports shrank sharply to $11M in 2022. In general, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 13%.
| Export of Ferro-Alloys; Ferro-Niobium in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 33.9 | 26.5 | 26.3 | 6.8 | -41.5% |
| Germany | 0.3 | N/A | 2.2 | 2.0 | 88.2% |
| Norway | N/A | 0.4 | 0.1 | 1.2 | 73.2% |
| Australia | N/A | 0.1 | 1.0 | 0.4 | 100.0% |
| Ireland | 0.1 | N/A | 0.4 | 0.3 | 44.2% |
| United States | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.5 | 0.6 | 1.2 | 0.4 | -7.2% |
| Total | 34.9 | 27.6 | 31.3 | 11.1 | -31.7% |
Top Export Markets for Ferro-Alloys; Ferro-Niobium from Sweden in 2022:
- Finland (276.7 tons)
- Germany (66.9 tons)
- Norway (37.3 tons)
- Australia (11.0 tons)
- Ireland (10.4 tons)
- United States (7.0 tons)
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