Belgium - Ferro-Alloys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Alloys Price in Belgium - 2023
Contents:
- Ferro-Alloys Price in Belgium (CIF) - 2022
- Ferro-Alloys Price in Belgium (FOB) - 2022
- Ferro-Alloys Imports in Belgium
- Ferro-Alloys Exports in Belgium
Ferro-Alloys Price in Belgium (CIF) - 2022
In 2022, the average ferro-alloys import price amounted to $2,162 per ton, rising by 9.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2017 an increase of 37% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($3,049 per ton), while the price for South Africa ($1,413 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Alloys Price in Belgium (FOB) - 2022
In 2022, the average ferro-alloys export price amounted to $9,006 per ton, which is down by -3.8% against the previous year. Overall, the export price, however, showed a buoyant increase. The pace of growth was the most pronounced in 2018 an increase of 63% against the previous year. As a result, the export price attained the peak level of $12,365 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($22,440 per ton), while the average price for exports to Japan ($667 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 the UK (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Alloys Imports in Belgium
In 2022, imports of ferro-alloys into Belgium surged to 533K tons, jumping by 44% against the previous year. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.6% 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 +58.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys imports skyrocketed to $1.2B in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Alloys in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 211 | 110 | 250 | 389 | 22.6% |
| South Africa | 114 | 97.8 | 71.8 | 234 | 27.1% |
| Norway | 43.4 | 30.5 | 60.5 | 125 | 42.3% |
| Brazil | 73.7 | 87.2 | 103 | 105 | 12.5% |
| Sweden | 3.3 | 37.7 | 36.5 | 99.2 | 210.9% |
| Germany | 36.6 | 39.4 | 36.8 | 49.9 | 10.9% |
| France | 59.3 | 34.7 | 64.1 | 41.5 | -11.2% |
| Others | 64.1 | 83.3 | 111 | 109 | 19.4% |
| Total | 605 | 521 | 733 | 1,153 | 24.0% |
Top Suppliers of Ferro-Alloys to Belgium in 2022:
- South Africa (165.8K tons)
- Netherlands (153.2K tons)
- Norway (61.4K tons)
- Brazil (34.6K tons)
- Sweden (33.5K tons)
- Germany (19.7K tons)
- France (18.5K tons)
Ferro-Alloys Exports in Belgium
For the fourth consecutive year, Belgium recorded growth in shipments abroad of ferro-alloys, which increased by 28% to 59K tons in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 167%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, ferro-alloys exports skyrocketed to $529M in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 173%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Ferro-Alloys in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 58.5 | 51.7 | 157 | 213 | 53.8% |
| Sweden | 1.2 | 11.7 | 26.6 | 59.2 | 266.8% |
| France | 20.8 | 10.9 | 45.1 | 44.7 | 29.0% |
| Netherlands | 9.9 | 6.7 | 39.0 | 42.4 | 62.4% |
| Czech Republic | 19.5 | 9.4 | 32.6 | 37.4 | 24.2% |
| Italy | 5.9 | 21.3 | 35.0 | 29.0 | 70.0% |
| Spain | 10.7 | 9.1 | 8.5 | 25.5 | 33.6% |
| Austria | 17.0 | 11.3 | 35.2 | 13.3 | -7.9% |
| Poland | 7.3 | 7.6 | 13.3 | 6.0 | -6.3% |
| Luxembourg | 0.6 | 0.1 | 2.9 | 4.0 | 88.2% |
| United States | 2.0 | 2.2 | 2.7 | 3.4 | 19.3% |
| Slovakia | 0.3 | 0.4 | 2.0 | 2.8 | 110.5% |
| Japan | N/A | 1.1 | 0.7 | 2.1 | 38.2% |
| Others | 23.0 | 14.2 | 30.0 | 45.9 | 25.9% |
| Total | 177 | 158 | 431 | 529 | 44.0% |
Top Export Markets for Ferro-Alloys from Belgium in 2022:
- Germany (22.5K tons)
- France (8.2K tons)
- Spain (5.9K tons)
- United States (3.8K tons)
- Japan (3.2K tons)
- Sweden (2.6K tons)
- Netherlands (2.3K tons)
- Czech Republic (1.8K tons)
- Italy (1.6K tons)
- Luxembourg (1.2K tons)
- Slovakia (1.0K tons)
- Austria (0.8K tons)
- Poland (0.5K tons)
This report provides an in-depth analysis of the ferro-alloys market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
567
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