Ferro-Alloys; Ferro-Silico-Chromium Price in the Netherlands - 2023

Contents:

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

Ferro-Alloys; Ferro-Silico-Chromium Price in the Netherlands (CIF) - 2023

The average ferro-alloys; ferro-silico-chromium import price stood at $1,894 per ton in August 2023, with an increase of 1.5% against the previous month. In general, the import price, however, showed a noticeable downturn. The growth pace was the most rapid in February 2023 when the average import price increased by 85% month-to-month. Over the period under review, average import prices hit record highs at $2,896 per ton in October 2022; however, from November 2022 to August 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From August 2022 to August 2023, the rate of growth in terms of prices for India amounted to +2.0% per month.

Ferro-Alloys; Ferro-Silico-Chromium Price in the Netherlands (FOB) - 2022

In 2022, the average ferro-alloys; ferro-silico-chromium export price amounted to $1,803 per ton, falling by -7.7% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 597%. As a result, the export price attained the peak level of $12,441 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,667 per ton), while the average price for exports to Belgium stood at $957 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+38.2%), while the prices for the other major destinations experienced mixed trend patterns.

Ferro-Alloys; Ferro-Silico-Chromium Imports in the Netherlands

In 2022, overseas purchases of ferro-alloys; ferro-silico-chromia decreased by -2.1% to 492 tons, falling for the second year in a row after two years of growth. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 188%. As a result, imports reached the peak of 746 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ferro-alloys; ferro-silico-chromium imports shrank modestly to $470K in 2022. Over the period under review, imports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 109%. As a result, imports attained the peak of $656K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Ferro-Alloys; Ferro-Silico-Chromium in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A21.73.1175184.0%
Zimbabwe45.4N/A38216553.7%
IndiaN/A491N/A124-49.7%
TurkeyN/AN/A44.76.4-85.7%
Norway166N/A2.4N/A-88.0%
MozambiqueN/AN/A52.2N/A0%
MexicoN/A38.7N/AN/A0%
Romania99.1N/AN/AN/A0%
Others2.8104N/AN/A3614.3%
Total31365648447014.5%

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

  1. Zimbabwe (204.4 tons)
  2. China (180.0 tons)
  3. India (93.2 tons)
  4. Turkey (14.3 tons)

Ferro-Alloys; Ferro-Silico-Chromium Exports in the Netherlands

Ferro-alloys; ferro-silico-chromium exports from the Netherlands surged to 388 tons in 2022, rising by 20% compared with the year before. Over the period under review, exports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 3,036%.

In value terms, ferro-alloys; ferro-silico-chromium exports expanded significantly to $700K in 2022. In general, exports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 392%.

Export of Ferro-Alloys; Ferro-Silico-Chromium in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11443.553962676.4%
BelgiumN/AN/A66.41.6-97.6%
Turkey85957.7N/AN/A-93.3%
Others16427.227.472.6-23.8%
Total1,136128632700-14.9%

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

  1. Turkey (undefined tons)
  2. Germany (375.4 tons)
  3. Belgium (1.6 tons)

Source: IndexBox Market Intelligence Platform

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