Ferro-Alloys; Ferro-Vanadium Price in Colombia - 2022

Contents:

  1. Ferro-Alloys; Ferro-Vanadium Price in Colombia (CIF) - 2022
  2. Ferro-Alloys; Ferro-Vanadium Imports in Colombia

Ferro-Alloys; Ferro-Vanadium Price in Colombia (CIF) - 2022

In 2022, the average ferro-alloys; ferro-vanadium import price amounted to $40,872 per ton, flattening at the previous year. Over the period under review, the import price, however, posted a strong increase. The growth pace was the most rapid in 2018 an increase of 115% against the previous year. As a result, import price attained the peak level of $49,839 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($67,809 per ton), while the price for Sweden ($7,728 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Ferro-Alloys; Ferro-Vanadium Imports in Colombia

After two years of decline, supplies from abroad of ferro-alloys; ferro-vanadia decreased by -50% to 24 tons in 2022. Overall, imports continue to indicate a dramatic decrease.

In value terms, ferro-alloys; ferro-vanadium imports reduced remarkably to $988K in 2022. Over the period under review, imports saw a dramatic curtailment.

Import of Ferro-Alloys; Ferro-Vanadium in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany627N/A329196-32.1%
South Korea83.1N/A19811812.4%
Czech Republic825N/A285117-47.9%
South Africa595N/A20895.1-45.7%
Netherlands249N/A90.887.8-29.4%
Switzerland119N/A11769.6-16.4%
China141N/A70.444.8-31.8%
Sweden52.1N/A25.014.1-35.3%
Others1,262N/A653245-42.1%
Total3,953N/A1,976988-37.0%

Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Colombia in 2022:

  1. South Korea (3.1 tons)
  2. Czech Republic (2.9 tons)
  3. Germany (2.9 tons)
  4. Switzerland (2.3 tons)
  5. Netherlands (2.1 tons)
  6. South Africa (2.0 tons)
  7. Sweden (1.8 tons)
  8. China (1.0 tons)

Source: IndexBox Market Intelligence Platform

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