Ferro-Alloys; Ferro-Vanadium Price in Belarus - 2022
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Belarus (CIF) - 2022
- Ferro-Alloys; Ferro-Vanadium Price in Belarus (FOB) - 2022
- Ferro-Alloys; Ferro-Vanadium Imports in Belarus
- Ferro-Alloys; Ferro-Vanadium Exports in Belarus
Ferro-Alloys; Ferro-Vanadium Price in Belarus (CIF) - 2022
In March 2022, the average ferro-alloys; ferro-vanadium import price amounted to $27,893 per ton, picking up by 29% against the previous month. Over the period under review, the import price showed a pronounced expansion. The most prominent rate of growth was recorded in August 2021 an increase of 1,690% month-to-month. The import price peaked at $31,209 per ton in October 2021; however, from November 2021 to March 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to +1.2% per month.
Ferro-Alloys; Ferro-Vanadium Price in Belarus (FOB) - 2022
In 2022, the average ferro-alloys; ferro-vanadium export price amounted to $16,984 per ton, jumping by 1,598% against the previous year. Overall, the export price, however, recorded a slight setback. The export price peaked at $37,487 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($17,160 per ton), while the average price for exports to Uzbekistan stood at $14,233 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-1.0%).
Ferro-Alloys; Ferro-Vanadium Imports in Belarus
In 2022, after two years of decline, there was significant decline in overseas purchases of ferro-alloys; ferro-vanadia, when their volume decreased by -67.3% to 28 tons. In general, imports saw a sharp decline.
In value terms, ferro-alloys; ferro-vanadium imports declined notably to $1.4M in 2022. Overall, imports saw a precipitous setback.
| Import of Ferro-Alloys; Ferro-Vanadium in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 6.5 | N/A | 2.8 | 1.4 | -40.1% |
| China | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Others | N/A | N/A | 0.4 | N/A | 0% |
| Total | 6.7 | N/A | 3.3 | 1.4 | -40.7% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Belarus in 2022:
- Russia (27.4 tons)
- China (0.5 tons)
Ferro-Alloys; Ferro-Vanadium Exports in Belarus
In 2022, exports of ferro-alloys; ferro-vanadia from Belarus skyrocketed to 500 kg, increasing by 16,567% compared with 2021. Overall, exports, however, recorded a significant curtailment.
In value terms, ferro-alloys; ferro-vanadium exports surged to $8.5K in 2022. Over the period under review, exports, however, saw a precipitous shrinkage.
| Export of Ferro-Alloys; Ferro-Vanadium in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 195 | N/A | N/A | 8.1 | -65.4% |
| Uzbekistan | N/A | N/A | N/A | 0.4 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 195 | N/A | N/A | 8.5 | -64.8% |
Top Export Markets for Ferro-Alloys; Ferro-Vanadium from Belarus in 2022:
- Ukraine (470.0 kg)
- Uzbekistan (30.0 kg)
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This report provides an in-depth analysis of the ferro-alloys market in Belarus.
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This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Belarus.
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This report provides an in-depth analysis of the ferro-chromium market in Belarus.
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This report provides an in-depth analysis of the ferro-silicon market in Belarus.
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This report provides an in-depth analysis of the global ferro-alloys market.
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This report provides an in-depth analysis of the global miscellaneous ferro-alloys market.
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China dominates the world market for ferro-alloys, importing a staggering $9.8 billion worth of these alloys in 2022. The United States, Japan, Indonesia, Germany, the Netherlands, Italy, South Korea, Turkey, and India are also major importers of ferro-alloys, driven by their respective manufacturing sectors and domestic consumption.
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The conflict between Russia and Ukraine has had a significant impact on the ferroalloy industry. The main producing regions of ferroalloys are located in Eastern Europe, which has been affected by the conflict.
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Throughout January-September 2021, global ferroalloy trade totalled $11.8B, increasing by +36% compared to the same period last year. This spike was caused by growing prices, as imports in physical terms remained nearly unchanged against the previous year’s figures. China tops the ferroalloy importer ranking with 29% of the total value, followed by Japan and the U.S. The average ferroalloy import price in September 2021 was estimated at $2.5 per kg, a 56%-increase compared to those of September 2020.
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The global trade in ferro-alloys amounted to X million USD in 2015, fluctuating wildly over the period under review. A plunge in 2009 was followed by recovery over the next two years, until exports decreased again. Exports continued falling for th
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Explore the top import markets for ferro-silicon and delve into the key statistics and numbers behind these markets. Learn about the demand drivers and trends in these key markets.
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Ferrosilicon consumption is expected to continue rising due to the further growth of solar energy.
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Discover the leading countries for importing Ferro-Silico-Manganese and the key factors driving their demand. Learn about the global market trends and statistics.
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Explore the top import markets for Ferro-Molybdenum in the world, including key statistics on import values and market insights.
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In value terms, ferro-chromium exports totaled $9B in 2018. Over the period under review, the total exports indicated a tangible increase from 2007 to 2018: its value increased at an average annual rate of +1.2% over the last eleven years.
