Ferro-Alloys; Ferro-Niobium Price in the Czech Republic - 2023
Contents:
- Ferro-Alloys; Ferro-Niobium Price in the Czech Republic (CIF) - 2023
- Ferro-Alloys; Ferro-Niobium Price in the Czech Republic (FOB) - 2022
- Ferro-Alloys; Ferro-Niobium Imports in the Czech Republic
- Ferro-Alloys; Ferro-Niobium Exports in the Czech Republic
Ferro-Alloys; Ferro-Niobium Price in the Czech Republic (CIF) - 2023
The average ferro-alloys; ferro-niobium import price stood at $27,630 per ton in August 2023, reducing by -4.6% against the previous month. In general, import price indicated notable growth from August 2022 to August 2023: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, ferro-alloys; ferro-niobium import price decreased by -36.6% against May 2023 indices. The growth pace was the most rapid in May 2023 an increase of 52% month-to-month. As a result, import price reached the peak level of $43,590 per ton. From June 2023 to August 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($27,815 per ton), while the price for Poland ($25,583 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Hungary (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Ferro-Alloys; Ferro-Niobium Price in the Czech Republic (FOB) - 2022
The average ferro-alloys; ferro-niobium export price stood at $27,765 per ton in 2022, picking up by 18% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 32% against the previous year. The export price peaked at $28,806 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Belgium ($30,344 per ton) and Germany ($30,000 per ton), while the average price for exports to the Netherlands ($23,824 per ton) and Slovakia ($27,322 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 Austria (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Alloys; Ferro-Niobium Imports in the Czech Republic
In 2022, purchases abroad of ferro-alloys; ferro-niobia decreased by -3.1% to 239 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 25% against the previous year. As a result, imports attained the peak of 274 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, ferro-alloys; ferro-niobium imports rose sharply to $6.3M in 2022. The total import value increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 20%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Ferro-Alloys; Ferro-Niobium in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 5.5 | 5.5 | 5.9 | 3.6% |
| Hungary | N/A | N/A | N/A | 0.3 | 0% |
| Poland | N/A | 0.4 | 0.1 | N/A | -75.0% |
| Brazil | 4.8 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.2 | 0.1 | 0.1 | -37.0% |
| Total | 5.1 | 6.2 | 5.7 | 6.3 | 7.3% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to the Czech Republic in 2022:
- Netherlands (227.1 tons)
- Hungary (6.7 tons)
Ferro-Alloys; Ferro-Niobium Exports in the Czech Republic
Ferro-alloys; ferro-niobium exports from the Czech Republic fell remarkably to 57 tons in 2022, which is down by -33.2% against 2021. In general, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 22% against the previous year.
In value terms, ferro-alloys; ferro-niobium exports declined notably to $1.6M in 2022. Over the period under review, exports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 27%.
| Export of Ferro-Alloys; Ferro-Niobium in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 988 | 1,173 | 1,008 | 701 | -10.8% |
| Slovenia | 101 | 2.6 | 159 | 220 | 29.6% |
| Belgium | 99.3 | N/A | 57.6 | 154 | 15.8% |
| France | 49.6 | 1.3 | 30.0 | 153 | 45.6% |
| Netherlands | 694 | N/A | 575 | 142 | -41.1% |
| Austria | N/A | 126 | 101 | 88.5 | -16.2% |
| Germany | 18.8 | 70.4 | 57.8 | 74.1 | 58.0% |
| Serbia | 362 | 209 | 22.9 | 51.5 | -47.8% |
| Others | 120 | 5.8 | N/A | N/A | -95.2% |
| Total | 2,433 | 1,588 | 2,011 | 1,584 | -13.3% |
Top Export Markets for Ferro-Alloys; Ferro-Niobium from the Czech Republic in 2022:
- Slovakia (25.7 tons)
- Slovenia (7.9 tons)
- Netherlands (6.0 tons)
- France (5.3 tons)
- Belgium (5.1 tons)
- Austria (3.0 tons)
- Germany (2.5 tons)
- Serbia (1.8 tons)
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