Ferro-Alloys; Ferro-Vanadium Price in Finland - 2023
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Finland (CIF) - 2023
- Ferro-Alloys; Ferro-Vanadium Price in Finland (FOB) - 2022
- Ferro-Alloys; Ferro-Vanadium Imports in Finland
- Ferro-Alloys; Ferro-Vanadium Exports in Finland
Ferro-Alloys; Ferro-Vanadium Price in Finland (CIF) - 2023
The average ferro-alloys; ferro-vanadium import price stood at $30,021 per ton in May 2023, growing by 339% against the previous month. In general, the import price, however, recorded a pronounced shrinkage. The import price peaked at $45,622 per ton in March 2023; however, from April 2023 to May 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Sweden.
From May 2022 to May 2023, the rate of growth in terms of prices for Sweden amounted to -1.9% per month.
Ferro-Alloys; Ferro-Vanadium Price in Finland (FOB) - 2022
The average ferro-alloys; ferro-vanadium export price stood at $26,971 per ton in 2022, rising by 63% against the previous year. In general, the export price posted moderate growth. The export price peaked at $110,000 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($33,094 per ton), while the average price for exports to the Netherlands ($21,431 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+18.5%).
Ferro-Alloys; Ferro-Vanadium Imports in Finland
In 2022, ferro-alloys; ferro-vanadium imports into Finland soared to 254 tons, picking up by 24% compared with the year before. In general, imports, however, showed a noticeable decline. The growth pace was the most rapid in 2021 when imports increased by 49%.
In value terms, ferro-alloys; ferro-vanadium imports surged to $8M in 2022. Over the period under review, imports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 124% against the previous year.
| Import of Ferro-Alloys; Ferro-Vanadium in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 6.2 | 2.0 | 2.5 | 3.1 | -20.6% |
| South Africa | 1.3 | 0.5 | 0.9 | 1.8 | 11.5% |
| Sweden | N/A | N/A | N/A | 1.7 | 0% |
| Czech Republic | 0.8 | N/A | 0.6 | 1.1 | 11.2% |
| Germany | N/A | N/A | N/A | 0.3 | 0% |
| China | 0.4 | N/A | 0.3 | 0.1 | -37.0% |
| Austria | 0.8 | N/A | 0.7 | N/A | -6.5% |
| Netherlands | N/A | N/A | 0.7 | N/A | 0% |
| Others | 0.3 | 0.3 | 0.6 | N/A | 41.4% |
| Total | 9.8 | 2.8 | 6.3 | 8.0 | -6.5% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Finland in 2022:
- South Korea (99.6 tons)
- Sweden (59.0 tons)
- South Africa (50.0 tons)
- Czech Republic (32.0 tons)
- Germany (9.0 tons)
- China (4.0 tons)
Ferro-Alloys; Ferro-Vanadium Exports in Finland
Ferro-alloys; ferro-vanadium exports from Finland skyrocketed to 5.9 tons in 2022, increasing by 295,450% on 2021. In general, exports, however, showed a dramatic setback.
In value terms, ferro-alloys; ferro-vanadium exports skyrocketed to $159K in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 19,073,400%. As a result, the exports attained the peak of $191K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Ferro-Alloys; Ferro-Vanadium in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| France | 191 | N/A | 132 | -16.9% | |
| Sweden | N/A | N/A | 21.6 | 0% | |
| Netherlands | N/A | N/A | 5.7 | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 191 | N/A | 159 | -8.8% | |
Top Export Markets for Ferro-Alloys; Ferro-Vanadium from Finland in 2022:
- France (5.0 tons)
- Sweden (0.7 tons)
- Netherlands (0.3 tons)
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