Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in France - 2023
Contents:
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in France (CIF) - 2023
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in France (FOB) - 2022
- Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in France
- Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in France
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in France (CIF) - 2023
In May 2023, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price amounted to $32,775 per ton, which is down by -5.9% against the previous month. In general, the import price saw a noticeable decline. The pace of growth appeared the most rapid in November 2022 an increase of 22% against the previous month. Over the period under review, average import prices attained the peak figure at $42,179 per ton in June 2022; however, from July 2022 to May 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Belgium.
From May 2022 to May 2023, the rate of growth in terms of prices for Germany amounted to +3.2% per month.
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in France (FOB) - 2022
In 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten export price amounted to $32,617 per ton, rising by 31% against the previous year. Overall, the export price, however, recorded a slight descent. The most prominent rate of growth was recorded in 2017 an increase of 47% against the previous year. The export price peaked at $41,074 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
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 Bulgaria ($34,691 per ton), while the average price for exports to Morocco ($15,592 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 Malaysia (+17.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in France
In 2022, approx. 167 tons of ferro-alloys; ferro-tungsten and ferro-silico-tungstens were imported into France; which is down by -40.7% compared with the previous year's figure. Overall, imports continue to indicate a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports dropped sharply to $5.7M in 2022. In general, imports faced a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 73%.
| Import of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 743 | 1,121 | 1,982 | 63.3% |
| Germany | 993 | 1,082 | 1,212 | 1,557 | 16.2% |
| Estonia | 3,287 | 1,290 | 2,002 | 828 | -36.8% |
| Spain | N/A | 219 | N/A | 746 | 84.6% |
| Sweden | 426 | N/A | 1,072 | 406 | -1.6% |
| Belgium | 464 | 167 | 444 | 104 | -39.3% |
| China | 976 | N/A | N/A | 0.8 | -90.6% |
| Russia | 2,691 | N/A | 312 | N/A | -65.9% |
| United Kingdom | 476 | 64.7 | N/A | N/A | -86.4% |
| Others | 209 | 296 | 528 | 60.4 | -33.9% |
| Total | 9,522 | 3,861 | 6,692 | 5,684 | -15.8% |
Top Suppliers of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten to France in 2022:
- China (undefined tons)
- Netherlands (50.8 tons)
- Germany (49.1 tons)
- Estonia (29.6 tons)
- Spain (22.0 tons)
- Sweden (10.0 tons)
- Belgium (3.3 tons)
Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in France
In 2022, shipments abroad of ferro-alloys; ferro-tungsten and ferro-silico-tungstens decreased by -8.9% to 24 tons, falling for the second consecutive year after two years of growth. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 21% against the previous year. As a result, the exports reached the peak of 29 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten exports skyrocketed to $795K in 2022. The total export value increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 117 | 252 | 237 | 296 | 36.3% |
| Italy | 238 | 215 | 151 | 221 | -2.4% |
| Spain | 33.6 | 166 | 94.3 | 128 | 56.2% |
| Bulgaria | 50.7 | 18.8 | 55.1 | 93.3 | 22.5% |
| Slovenia | N/A | N/A | N/A | 24.9 | 0% |
| Morocco | N/A | N/A | N/A | 23.4 | 0% |
| Sweden | 69.2 | N/A | N/A | N/A | 0% |
| Malaysia | N/A | N/A | 52.7 | N/A | 0% |
| Austria | 35.8 | 5.6 | 51.0 | N/A | 19.4% |
| Others | 69.9 | 57.7 | 24.1 | 8.4 | -50.7% |
| Total | 614 | 715 | 665 | 795 | 9.0% |
Top Export Markets for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten from France in 2022:
- Germany (8.9 tons)
- Italy (6.6 tons)
- Spain (3.7 tons)
- Bulgaria (2.7 tons)
- Morocco (1.5 tons)
- Slovenia (0.8 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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