Ferro-Alloys; Ferro-Vanadium Price in Peru - 2021

Contents:

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

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

The average ferro-alloys; ferro-vanadium import price stood at $29,874 per ton in 2022, approximately mirroring the previous year. Overall, the import price, however, posted pronounced growth. The growth pace was the most rapid in 2018 when the average import price increased by 174%. As a result, import price reached the peak level of $59,493 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 South Korea ($65,974 per ton), while the price for the Netherlands ($14,611 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average ferro-alloys; ferro-vanadium export price stood at $42,380 per ton in 2022, approximately equating the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 a decrease of -6.7%. The export price peaked at $45,600 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Bolivia.

From 2014 to 2022, the rate of growth in terms of prices for Bolivia amounted to -0.9% per year.

Ferro-Alloys; Ferro-Vanadium Imports in Peru

After two years of decline, supplies from abroad of ferro-alloys; ferro-vanadia decreased by -50% to 7.3 tons in 2022. Over the period under review, imports faced a dramatic decline.

In value terms, ferro-alloys; ferro-vanadium imports shrank sharply to $218K in 2022. Overall, imports faced a sharp decline.

Import of Ferro-Alloys; Ferro-Vanadium in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria373N/A254123-30.9%
Czech Republic48.6N/A58.428.2-16.6%
Germany94.6N/A30.414.7-46.2%
Netherlands72.7N/A25.512.3-44.7%
South Korea80.6N/A25.512.3-46.6%
South AfricaN/AN/AN/A11.40%
United States128N/A8.710.7-56.3%
Others73.8N/A33.45.4-58.2%
Total871N/A436218-37.0%

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

  1. Austria (4295.0 kg)
  2. Netherlands (843.0 kg)
  3. Germany (630.0 kg)
  4. Czech Republic (566.0 kg)
  5. South Africa (414.0 kg)
  6. United States (209.0 kg)
  7. South Korea (187.0 kg)

Ferro-Alloys; Ferro-Vanadium Exports in Peru

After two years of decline, shipments abroad of ferro-alloys; ferro-vanadia decreased by -50% to 50 kg in 2022. In general, exports faced a precipitous decline.

In value terms, ferro-alloys; ferro-vanadium exports shrank dramatically to $2.1K in 2022. Overall, exports faced a precipitous setback.

Export of Ferro-Alloys; Ferro-Vanadium in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia8.5N/A4.22.1-37.3%
OthersN/AN/AN/AN/A0%
Total8.5N/A4.22.1-37.3%

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

  1. Bolivia (50.0 kg)

Source: IndexBox Market Intelligence Platform

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