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

Contents:

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

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

The average ferro-alloys; ferro-vanadium import price stood at $29,183 per ton in 2022, dropping by -7.8% against the previous year. In general, the import price, however, saw a tangible increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 141%. As a result, import price reached the peak level of $58,891 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($32,225 per ton) and China ($30,717 per ton), while the price for Austria ($26,869 per ton) and the Netherlands ($28,277 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average ferro-alloys; ferro-vanadium export price stood at $12,940 per ton in 2022, reducing by -7.2% against the previous year. In general, the export price continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2018 when the average export price increased by 42%. The export price peaked at $17,923 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.2% per year.

Ferro-Alloys; Ferro-Vanadium Imports in Ukraine

In 2022, overseas purchases of ferro-alloys; ferro-vanadia decreased by -67.7% to 219 tons, falling for the second consecutive year after two years of growth. In general, imports showed a precipitous decline. The most prominent rate of growth was recorded in 2020 when imports increased by 4.8%. As a result, imports reached the peak of 695 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ferro-alloys; ferro-vanadium imports shrank remarkably to $6.4M in 2022. Overall, imports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year.

Import of Ferro-Alloys; Ferro-Vanadium in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic19.56.613.82.8-47.6%
South AfricaN/A0.43.21.273.2%
Netherlands2.52.71.70.7-34.6%
South Korea1.1N/AN/A0.6-18.3%
Estonia0.10.60.60.458.7%
China1.3N/AN/A0.4-32.5%
Austria3.52.5N/A0.2-61.5%
Latvia0.70.10.40.1-47.7%
Others0.50.91.9N/A94.9%
Total29.213.821.56.4-39.7%

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

  1. Czech Republic (99.0 tons)
  2. South Africa (40.0 tons)
  3. Netherlands (23.0 tons)
  4. South Korea (20.0 tons)
  5. Estonia (15.0 tons)
  6. China (13.0 tons)
  7. Austria (6.2 tons)
  8. Latvia (3.0 tons)

Ferro-Alloys; Ferro-Vanadium Exports in Ukraine

In 2022, the amount of ferro-alloys; ferro-vanadia exported from Ukraine fell rapidly to 104 tons, which is down by -73.8% compared with the year before. In general, exports saw a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 96%.

In value terms, ferro-alloys; ferro-vanadium exports contracted significantly to $1.3M in 2022. Overall, exports recorded a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 141% against the previous year.

Export of Ferro-Alloys; Ferro-Vanadium in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6.51.65.21.3-41.5%
United States1.5N/AN/AN/A0%
EstoniaN/AN/A0.3N/A0%
Czech Republic0.50.4N/AN/A-20.0%
Others0.30.3N/AN/A0.0%
Total8.72.35.51.3-46.9%

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

  1. Netherlands (103.6 tons)

Source: IndexBox Market Intelligence Platform

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