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

Contents:

  1. Ferro-Alloys; Ferro-Vanadium Price in Romania (CIF) - 2023
  2. Ferro-Alloys; Ferro-Vanadium Price in Romania (FOB) - 2022
  3. Ferro-Alloys; Ferro-Vanadium Imports in Romania
  4. Ferro-Alloys; Ferro-Vanadium Exports in Romania

Ferro-Alloys; Ferro-Vanadium Price in Romania (CIF) - 2023

The average ferro-alloys; ferro-vanadium import price stood at $27,910 per ton in May 2023, reducing by -1.5% against the previous month. Over the period under review, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in December 2022 an increase of 37% m-o-m. The import price peaked at $42,446 per ton in May 2022; however, from June 2022 to May 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In May 2023, the highest price was recorded for prices from Poland ($33,270 per ton) and Germany ($32,265 per ton), while the price for Slovakia ($23,093 per ton) and the Netherlands ($30,734 per ton) were amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average ferro-alloys; ferro-vanadium export price stood at $26,558 per ton in 2022, with a decrease of -31.6% against the previous year. Over the period under review, the export price, however, posted a pronounced increase. The growth pace was the most rapid in 2021 an increase of 71% against the previous year. Over the period under review, the average export prices reached the maximum at $59,208 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($26,618 per ton), while the average price for exports to the Netherlands amounted to $22,051 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+46.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Alloys; Ferro-Vanadium Imports in Romania

Ferro-alloys; ferro-vanadium imports into Romania totaled 201 tons in 2022, increasing by 3.5% against the year before. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ferro-alloys; ferro-vanadium imports expanded slightly to $6.1M in 2022. In general, imports, however, saw a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 71%.

Import of Ferro-Alloys; Ferro-Vanadium in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.21.33.62.88.4%
Slovakia2.61.21.92.0-8.4%
Poland0.80.20.30.80.0%
EstoniaN/AN/AN/A0.40%
Austria0.70.2N/A0.1-47.7%
Belgium0.4N/AN/AN/A0%
South Africa1.40.2N/AN/A-85.7%
Others0.10.4N/A0.10.0%
Total8.33.45.86.1-9.8%

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

  1. Netherlands (82.3 tons)
  2. Slovakia (76.1 tons)
  3. Poland (28.0 tons)
  4. Estonia (10.0 tons)
  5. Austria (1.5 tons)

Ferro-Alloys; Ferro-Vanadium Exports in Romania

In 2022, exports of ferro-alloys; ferro-vanadia from Romania skyrocketed to 15 tons, increasing by 33% compared with 2021. Over the period under review, exports, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year.

In value terms, ferro-alloys; ferro-vanadium exports contracted to $389K in 2022. In general, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 220% against the previous year.

Export of Ferro-Alloys; Ferro-Vanadium in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15532.737938535.4%
Netherlands56550.047.44.3-80.3%
AustriaN/A49.0N/AN/A0%
OthersN/A1.7N/AN/A0%
Total719133426389-18.5%

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

  1. Germany (14.5 tons)
  2. Netherlands (0.2 tons)

Source: IndexBox Market Intelligence Platform

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