Ferro-Alloys; Ferro-Vanadium Price in Norway - 2023
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Norway (CIF) - 2022
- Ferro-Alloys; Ferro-Vanadium Imports in Norway
Ferro-Alloys; Ferro-Vanadium Price in Norway (CIF) - 2022
In 2022, the average ferro-alloys; ferro-vanadium import price amounted to $32,121 per ton, picking up by 6.4% against the previous year. Overall, the import price continues to indicate a tangible increase. The growth pace was the most rapid in 2018 an increase of 102% against the previous year. As a result, import price attained the peak level of $53,967 per ton. From 2019 to 2022, the average import prices remained at a somewhat 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 Italy ($79,871 per ton), while the price for Sweden ($22,471 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Alloys; Ferro-Vanadium Imports in Norway
In 2022, ferro-alloys; ferro-vanadium imports into Norway skyrocketed to 81 tons, jumping by 349% on 2021 figures. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-vanadium imports soared to $2.6M in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Ferro-Alloys; Ferro-Vanadium in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 47.1 | 32.4 | 61.2 | 300 | 85.4% |
Netherlands | 119 | 49.0 | 50.4 | 293 | 35.0% |
Italy | 104 | 58.6 | 90.2 | 278 | 38.8% |
Sweden | 25.8 | 25.7 | 48.7 | 269 | 118.5% |
Poland | 37.6 | 24.5 | 42.3 | 155 | 60.3% |
Spain | 80.1 | 12.4 | 47.0 | 137 | 19.6% |
Austria | 18.1 | 9.5 | 13.6 | 91.5 | 71.6% |
South Africa | 44.6 | 22.7 | 31.8 | 88.7 | 25.8% |
Others | 296 | 85.4 | 161 | 999 | 50.0% |
Total | 773 | 320 | 547 | 2,611 | 50.0% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Norway in 2022:
- Sweden (12.0 tons)
- Netherlands (8.6 tons)
- South Korea (8.6 tons)
- Poland (4.2 tons)
- Italy (3.5 tons)
- Austria (3.3 tons)
- South Africa (2.8 tons)
- Spain (2.8 tons)
This report provides an in-depth analysis of the ferro-alloys market in Norway.
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Norway.
This report provides an in-depth analysis of the ferro-chromium market in Norway.
This report provides an in-depth analysis of the ferro-silicon market in Norway.
This report provides an in-depth analysis of the ferro-manganese market in Norway.
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Norway.
This report provides an in-depth analysis of the ferro-silico-manganese market in Norway.
This report provides an in-depth analysis of the ferro-molybdenum market in Norway.
This report provides an in-depth analysis of the global ferro-alloys market.
This report provides an in-depth analysis of the global miscellaneous ferro-alloys market.
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.
The conflict between Russia and Ukraine has had a significant impact on the ferroalloy industry. The main producing regions of ferroalloys are located in Eastern Europe, which has been affected by the conflict.
Throughout January-September 2021, global ferroalloy trade totalled $11.8B, increasing by +36% compared to the same period last year. This spike was caused by growing prices, as imports in physical terms remained nearly unchanged against the previous year’s figures. China tops the ferroalloy importer ranking with 29% of the total value, followed by Japan and the U.S. The average ferroalloy import price in September 2021 was estimated at $2.5 per kg, a 56%-increase compared to those of September 2020.
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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