Ferro-Alloys; Ferro-Vanadium Price in Poland - 2023
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Poland (CIF) - 2023
- Ferro-Alloys; Ferro-Vanadium Price in Poland (FOB) - 2022
- Ferro-Alloys; Ferro-Vanadium Imports in Poland
- Ferro-Alloys; Ferro-Vanadium Exports in Poland
Ferro-Alloys; Ferro-Vanadium Price in Poland (CIF) - 2023
In May 2023, the average ferro-alloys; ferro-vanadium import price amounted to $28,185 per ton, waning by -7% against the previous month. Overall, the import price recorded a noticeable contraction. The pace of growth appeared the most rapid in June 2022 when the average import price increased by 13% against the previous month. As a result, import price reached the peak level of $40,546 per ton. From July 2022 to May 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In May 2023, the country with the highest price was the Netherlands ($30,056 per ton), while the price for Austria ($26,570 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Austria (+1.0%), while the prices for the other major suppliers experienced a decline.
Ferro-Alloys; Ferro-Vanadium Price in Poland (FOB) - 2022
In 2022, the average ferro-alloys; ferro-vanadium export price amounted to $26,793 per ton, therefore, remained relatively stable against the previous year. In general, the export price, however, saw a modest increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 112%. As a result, the export price attained the peak level of $57,038 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($43,907 per ton), while the average price for exports to Norway ($11,568 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Alloys; Ferro-Vanadium Imports in Poland
In 2022, the amount of ferro-alloys; ferro-vanadia imported into Poland skyrocketed to 642 tons, increasing by 18% on the year before. The total import volume increased at an average annual rate of +11.9% 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 when imports increased by 38%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, ferro-alloys; ferro-vanadium imports surged to $20M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.9% 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 increased by +61.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Alloys; Ferro-Vanadium in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 1.6 | 2.3 | 2.2 | 5.5 | 50.9% |
| Czech Republic | 8.9 | 1.8 | 1.9 | 5.3 | -15.9% |
| Austria | 1.3 | 3.2 | 3.1 | 3.9 | 44.2% |
| South Korea | 3.1 | 1.9 | 5.4 | 3.8 | 7.0% |
| China | 0.4 | 1.0 | 0.9 | 0.6 | 14.5% |
| Spain | N/A | 0.3 | 0.5 | 0.4 | 15.5% |
| Belgium | 0.1 | N/A | N/A | 0.3 | 44.2% |
| Netherlands | 0.2 | 0.8 | N/A | 0.2 | 0.0% |
| Others | 0.3 | 1.1 | 0.1 | N/A | -42.3% |
| Total | 15.8 | 12.3 | 14.1 | 19.9 | 8.0% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Poland in 2022:
- South Africa (181.0 tons)
- Czech Republic (151.1 tons)
- Austria (139.3 tons)
- South Korea (122.9 tons)
- China (18.2 tons)
- Spain (12.7 tons)
- Belgium (12.1 tons)
- Netherlands (3.0 tons)
Ferro-Alloys; Ferro-Vanadium Exports in Poland
Ferro-alloys; ferro-vanadium exports from Poland contracted notably to 103 tons in 2022, shrinking by -24.1% on the previous year's figure. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 8.5%.
In value terms, ferro-alloys; ferro-vanadium exports fell significantly to $2.7M in 2022. Overall, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year.
| Export of Ferro-Alloys; Ferro-Vanadium in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 925 | 421 | 179 | 743 | -7.0% |
| Spain | 343 | 420 | 1,377 | 469 | 11.0% |
| Slovakia | 286 | 41.0 | 1,380 | 349 | 6.9% |
| Netherlands | 121 | 206 | N/A | 212 | 20.6% |
| France | N/A | N/A | 78.1 | 203 | 159.9% |
| Norway | 319 | N/A | 151 | 200 | -14.4% |
| Belgium | 739 | 89.4 | N/A | 129 | -44.1% |
| United Kingdom | 581 | 326 | N/A | 78.3 | -48.7% |
| Ukraine | 1,132 | 769 | 356 | 7.7 | -81.1% |
| Others | 381 | 181 | 121 | 358 | -2.1% |
| Total | 4,826 | 2,455 | 3,640 | 2,750 | -17.1% |
Top Export Markets for Ferro-Alloys; Ferro-Vanadium from Poland in 2022:
- Romania (26.0 tons)
- Norway (17.3 tons)
- Spain (16.0 tons)
- Netherlands (8.0 tons)
- Slovakia (7.9 tons)
- France (7.0 tons)
- Belgium (5.0 tons)
- United Kingdom (3.0 tons)
- Ukraine (0.3 tons)
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