Ferro-Alloys; Ferro-Vanadium Price in Denmark - 2023

Contents:

  1. Ferro-Alloys; Ferro-Vanadium Price in Denmark (FOB) - 2022
  2. Ferro-Alloys; Ferro-Vanadium Price in Denmark (CIF) - 2022
  3. Ferro-Alloys; Ferro-Vanadium Exports in Denmark
  4. Ferro-Alloys; Ferro-Vanadium Imports in Denmark

Ferro-Alloys; Ferro-Vanadium Price in Denmark (FOB) - 2022

In 2022, the average ferro-alloys; ferro-vanadium export price amounted to $1,973 per ton, dropping by -60.5% against the previous year. Overall, the export price continues to indicate a dramatic contraction. The export price peaked at $50,500 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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 South Africa ($4,195 per ton), while the average price for exports to Italy totaled $1,933 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (0.0%).

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

The average ferro-alloys; ferro-vanadium import price stood at $40,241 per ton in 2022, rising by 51% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2017 an increase of 1,129% against the previous year. Over the period under review, average import prices attained the maximum at $43,170 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($72,560 per ton), while the price for Austria ($23,929 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Ferro-Alloys; Ferro-Vanadium Exports in Denmark

In 2022, ferro-alloys; ferro-vanadium exports from Denmark skyrocketed to 111 tons, jumping by 11,119,500% on the previous year's figure. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ferro-alloys; ferro-vanadium exports surged to $219K in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Ferro-Alloys; Ferro-Vanadium in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A2110%
South AfricaN/AN/AN/A7.50%
OthersN/AN/AN/A0.40%
TotalN/AN/AN/A2190%

Top Export Markets for Ferro-Alloys; Ferro-Vanadium from Denmark in 2022:

  1. Italy (109.4 tons)
  2. South Africa (1.8 tons)

Ferro-Alloys; Ferro-Vanadium Imports in Denmark

In 2022, overseas purchases of ferro-alloys; ferro-vanadia decreased by -33.6% to 83 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports faced a sharp decline.

In value terms, ferro-alloys; ferro-vanadium imports amounted to $3.3K in 2022. In general, imports showed a sharp contraction.

Import of Ferro-Alloys; Ferro-Vanadium in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.8N/A1.92.4-5.0%
Germany0.9N/A0.60.5-17.8%
France2.1N/A0.60.3-47.7%
Austria0.7N/A0.20.1-47.7%
Others0.2N/AN/AN/A0%
Total6.7N/A3.33.3-21.0%

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

  1. Netherlands (63.0 kg)
  2. Germany (10.0 kg)
  3. Austria (5.0 kg)
  4. France (4.0 kg)

Source: IndexBox Market Intelligence Platform

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