Ferro-Alloys; Ferro-Vanadium Price in Slovakia - 2023
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Slovakia (CIF) - 2022
- Ferro-Alloys; Ferro-Vanadium Price in Slovakia (FOB) - 2022
- Ferro-Alloys; Ferro-Vanadium Imports in Slovakia
- Ferro-Alloys; Ferro-Vanadium Exports in Slovakia
Ferro-Alloys; Ferro-Vanadium Price in Slovakia (CIF) - 2022
In 2022, the average ferro-alloys; ferro-vanadium import price amounted to $32,574 per ton, rising by 2% against the previous year. In general, the import price saw a pronounced increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 137%. As a result, import price reached the peak level of $56,475 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($48,379 per ton), while the price for Austria ($30,150 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Alloys; Ferro-Vanadium Price in Slovakia (FOB) - 2022
The average ferro-alloys; ferro-vanadium export price stood at $33,792 per ton in 2022, which is down by -50.6% against the previous year. In general, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2018 when the average export price increased by 515%. As a result, the export price reached the peak level of $162,657 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 the Czech Republic ($34,901 per ton), while the average price for exports to Turkey ($22,184 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 Luxembourg (+20.0%), while the prices for the other major destinations experienced mixed trend patterns.
Ferro-Alloys; Ferro-Vanadium Imports in Slovakia
In 2022, supplies from abroad of ferro-alloys; ferro-vanadia decreased by -11.8% to 178 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a perceptible shrinkage. The growth pace was the most rapid in 2020 when imports increased by 7.9%. As a result, imports attained the peak of 209 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, ferro-alloys; ferro-vanadium imports reduced to $5.8M in 2022. Over the period under review, imports saw a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 48%.
| Import of Ferro-Alloys; Ferro-Vanadium in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 2.2 | 1.2 | 3.9 | 4.3 | 25.0% |
| Czech Republic | 0.3 | 0.5 | 0.7 | 0.6 | 26.0% |
| South Korea | 1.6 | 0.2 | 0.7 | 0.4 | -37.0% |
| Netherlands | 3.8 | 2.3 | N/A | 0.2 | -62.5% |
| China | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Poland | 0.3 | N/A | 0.9 | N/A | 73.2% |
| Others | 0.3 | 0.1 | N/A | N/A | -66.7% |
| Total | 8.5 | 4.4 | 6.4 | 5.8 | -12.0% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Slovakia in 2022:
- Austria (143.1 tons)
- Czech Republic (14.9 tons)
- South Korea (9.5 tons)
- Netherlands (5.4 tons)
- China (5.0 tons)
Ferro-Alloys; Ferro-Vanadium Exports in Slovakia
In 2022, the amount of ferro-alloys; ferro-vanadia exported from Slovakia reduced remarkably to 101 tons, falling by -29% against 2021. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year.
In value terms, ferro-alloys; ferro-vanadium exports plummeted to $3.4M in 2022. Overall, exports recorded a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 271% against the previous year.
| Export of Ferro-Alloys; Ferro-Vanadium in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 10.4 | 1.5 | 4.9 | 1.8 | -44.3% |
| Czech Republic | 5.4 | 0.8 | 3.1 | 1.4 | -36.2% |
| Turkey | N/A | N/A | N/A | 0.1 | 0% |
| Thailand | N/A | 0.2 | 1.7 | 0.1 | -29.3% |
| Others | 0.9 | 0.2 | N/A | N/A | -77.8% |
| Total | 16.8 | 2.6 | 9.7 | 3.4 | -41.3% |
Top Export Markets for Ferro-Alloys; Ferro-Vanadium from Slovakia in 2022:
- Romania (50.8 tons)
- Czech Republic (40.5 tons)
- Turkey (5.1 tons)
- Thailand (4.3 tons)
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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.
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