Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Russia - 2022

Contents:

  1. Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Russia (FOB) - 2022
  2. Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Russia (CIF) - 2022
  3. Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Russia
  4. Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Russia

Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Russia (FOB) - 2022

In 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten export price amounted to $20,154 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 36%. The export price peaked at $28,031 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 Germany amounted to +18.0% per year.

Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Russia (CIF) - 2022

The average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price stood at $21,570 per ton in 2022, picking up by 4.2% against the previous year. In general, the import price, however, saw a abrupt downturn. The growth pace was the most rapid in 2020 an increase of 20% against the previous year. The import price peaked at $46,007 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +37.5% per year.

Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Russia

After three years of growth, overseas shipments of ferro-alloys; ferro-tungsten and ferro-silico-tungstens decreased by -92.1% to 136 tons in 2022. Over the period under review, exports recorded a precipitous slump. The growth pace was the most rapid in 2020 with an increase of 28% against the previous year.

In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten exports contracted markedly to $2.7M in 2022. Overall, exports recorded a dramatic setback. The pace of growth was the most pronounced in 2020 when exports increased by 12%.

Export of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands9.716.821.82.7-34.7%
South KoreaN/A1.7N/AN/A0%
Germany1.12.42.2N/A41.4%
AustriaN/A2.34.1N/A78.3%
Estonia12.44.31.3N/A-67.6%
Italy5.11.00.2N/A-80.2%
Others0.53.85.2N/A222.5%
Total28.832.434.92.7-54.6%

Top Export Markets for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten from Russia in 2022:

  1. Netherlands (135.8 tons)

Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Russia

In 2022, approx. 13 tons of ferro-alloys; ferro-tungsten and ferro-silico-tungstens were imported into Russia; with an increase of 7.3% against 2021. The total import volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 34%. As a result, imports attained the peak of 14 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports expanded rapidly to $277K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.5% 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 decreased by -9.6% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 62% against the previous year. As a result, imports reached the peak of $307K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A36.8N/A277174.4%
Belarus4.51.7N/AN/A-62.2%
Ukraine185268248N/A15.8%
OthersN/AN/AN/AN/A0%
Total18930724827713.6%

Top Suppliers of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten to Russia in 2022:

  1. Germany (12.9 tons)

Source: IndexBox Market Intelligence Platform

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