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

Contents:

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

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

In 2022, the average ferro-alloys; ferro-vanadium import price amounted to $36,091 per ton, dropping by -14.2% against the previous year. In general, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 74%. As a result, import price attained the peak level of $72,982 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($167,741 per ton), while the price for the Netherlands ($22,350 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+23.0%), while the prices for the other major suppliers experienced a decline.

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

The average ferro-alloys; ferro-vanadium export price stood at $23,853 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The export price peaked at $23,853 per ton in 2021, and then shrank slightly in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($26,040 per ton), while the average price for exports to Germany ($21,032 per ton) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+30.2%), while the prices for the other major destinations experienced a decline.

Ferro-Alloys; Ferro-Vanadium Imports in Ireland

In 2022, the amount of ferro-alloys; ferro-vanadia imported into Ireland expanded significantly to 2.1 tons, increasing by 8.6% on the previous year. The total import volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 42%. As a result, imports attained the peak of 2.3 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ferro-alloys; ferro-vanadium imports reduced to $76K in 2022. Overall, imports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 16% against the previous year.

Import of Ferro-Alloys; Ferro-Vanadium in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden44.739.239.235.3-7.6%
Germany38.222.034.630.6-7.1%
India3.55.25.85.919.0%
United Kingdom5.93.80.93.5-16.0%
OthersN/A0.20.80.558.1%
Total92.370.381.375.8-6.4%

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

  1. Sweden (1016.0 kg)
  2. Germany (894.0 kg)
  3. United Kingdom (132.0 kg)
  4. India (35.0 kg)

Ferro-Alloys; Ferro-Vanadium Exports in Ireland

In 2022, approx. 256 tons of ferro-alloys; ferro-vanadia were exported from Ireland; waning by -50% compared with 2021. In general, exports saw a sharp downturn.

In value terms, ferro-alloys; ferro-vanadium exports shrank remarkably to $6.1M in 2022. Over the period under review, exports recorded a significant contraction.

Export of Ferro-Alloys; Ferro-Vanadium in Ireland (Million USD)
COUNTRY20212022CAGR,
2021-2022
Germany8.22.3-72.0%
Sweden3.01.9-36.7%
Belgium0.11.81700.0%
Italy0.8N/A0%
Others0.1N/A0%
Total12.26.1-50.0%

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

  1. Germany (111.6 tons)
  2. Sweden (74.4 tons)
  3. Belgium (69.6 tons)

Source: IndexBox Market Intelligence Platform

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