Ferro-Alloys; Ferro-Vanadium Price in Hungary - 2023
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Hungary (CIF) - 2022
- Ferro-Alloys; Ferro-Vanadium Imports in Hungary
Ferro-Alloys; Ferro-Vanadium Price in Hungary (CIF) - 2022
In 2022, the average ferro-alloys; ferro-vanadium import price amounted to $424,061 per ton, growing by 931% against the previous year. Over the period under review, the import price saw a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 the Czech Republic ($583,067 per ton), while the price for Slovakia ($237,768 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+78.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Alloys; Ferro-Vanadium Imports in Hungary
In 2022, purchases abroad of ferro-alloys; ferro-vanadia decreased by -15% to 2.4 tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 47%. As a result, imports reached the peak of 3.3 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, ferro-alloys; ferro-vanadium imports surged to $1,000K in 2022. In general, imports, however, posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Alloys; Ferro-Vanadium in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 14.1 | 6.2 | 71.4 | 631 | 255.0% |
| Czech Republic | 24.2 | 13.8 | 15.9 | 218 | 108.1% |
| Slovakia | 14.5 | 12.8 | 6.9 | 61.8 | 62.1% |
| Poland | 21.5 | 19.9 | 11.7 | 39.8 | 22.8% |
| United Kingdom | 7.3 | 5.5 | 2.5 | 19.0 | 37.6% |
| Netherlands | 15.4 | 9.2 | 3.3 | 13.5 | -4.3% |
| Sweden | 53.0 | N/A | N/A | N/A | 0% |
| Others | 8.2 | 2.8 | 2.4 | 17.1 | 27.8% |
| Total | 158 | 70.2 | 114 | 1,000 | 85.0% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Hungary in 2022:
- Austria (1496.0 kg)
- Czech Republic (373.0 kg)
- Slovakia (260.0 kg)
- Poland (93.0 kg)
- United Kingdom (72.0 kg)
- Netherlands (39.0 kg)
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This report provides an in-depth analysis of the ferro-chromium market in Hungary.
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This report provides an in-depth analysis of the ferro-silicon market in Hungary.
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This report provides an in-depth analysis of the global 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 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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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.
