Ferro-Alloys; Ferro-Silico-Chromium Price in Italy - 2023

Contents:

  1. Ferro-Alloys; Ferro-Silico-Chromium Price in Italy (FOB) - 2023
  2. Ferro-Alloys; Ferro-Silico-Chromium Price in Italy (CIF) - 2022
  3. Ferro-Alloys; Ferro-Silico-Chromium Exports in Italy
  4. Ferro-Alloys; Ferro-Silico-Chromium Imports in Italy

Ferro-Alloys; Ferro-Silico-Chromium Price in Italy (FOB) - 2023

The average ferro-alloys; ferro-silico-chromium export price stood at $1,954 per ton in July 2023, declining by -15.7% against the previous month. In general, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in June 2023 an increase of 6.6% m-o-m. The export price peaked at $3,629 per ton in July 2022; however, from August 2022 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 France ($2,076 per ton), while the average price for exports to Germany ($1,702 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (0.0%), while the prices for the other major destinations experienced a decline.

Ferro-Alloys; Ferro-Silico-Chromium Price in Italy (CIF) - 2022

In 2022, the average ferro-alloys; ferro-silico-chromium import price amounted to $3,946 per ton, increasing by 10% against the previous year. In general, the import price, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by 239% against the previous year. The import price peaked at $16,040 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,710 per ton), while the price for Bulgaria totaled $1,981 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-2.0%), while the prices for the other major suppliers experienced a decline.

Ferro-Alloys; Ferro-Silico-Chromium Exports in Italy

Ferro-alloys; ferro-silico-chromium exports from Italy skyrocketed to 1.9K tons in 2022, rising by 128% compared with 2021. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 209%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, ferro-alloys; ferro-silico-chromium exports skyrocketed to $1.1M in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 181%. As a result, the exports reached the peak of $1.4M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Ferro-Alloys; Ferro-Silico-Chromium in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13763228746250.0%
France78.354641342375.5%
BelgiumN/A14120918514.5%
Spain139N/A2.8N/A-85.8%
Others12835.45.631.5-37.3%
Total4821,3549181,10131.7%

Top Export Markets for Ferro-Alloys; Ferro-Silico-Chromium from Italy in 2022:

  1. Germany (855.6 tons)
  2. France (682.2 tons)
  3. Belgium (288.4 tons)

Ferro-Alloys; Ferro-Silico-Chromium Imports in Italy

In 2022, purchases abroad of ferro-alloys; ferro-silico-chromia decreased by 0% to 1.2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a sharp setback. The smallest decline of 99.9% was in 2020.

In value terms, ferro-alloys; ferro-silico-chromium imports rose markedly to $4.9K in 2022. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 63%.

Import of Ferro-Alloys; Ferro-Silico-Chromium in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A2.7N/A4.224.7%
BulgariaN/AN/A1.10.7-36.4%
China6.1N/A0.1N/A-87.2%
PolandN/AN/A3.2N/A0%
OthersN/AN/AN/AN/A0%
Total6.12.74.44.9-7.0%

Top Suppliers of Ferro-Alloys; Ferro-Silico-Chromium to Italy in 2022:

  1. Germany (887.0 kg)
  2. Bulgaria (349.0 kg)

Source: IndexBox Market Intelligence Platform

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