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

Contents:

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

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

In October 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price amounted to $29,424 per ton, approximately mirroring the previous month. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $39,715 per ton in April 2022; however, from May 2022 to October 2022, import prices failed to regain momentum.

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

From October 2021 to October 2022, the rate of growth in terms of prices for China amounted to -0.3% per month.

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

In 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten export price amounted to $13,729 per ton, remaining relatively unchanged against the previous year. In general, the export price showed a deep reduction. The pace of growth was the most pronounced in 2019 when the average export price increased by 24%. The export price peaked at $82,209 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($13,729 per ton), while the average price for exports to the Netherlands totaled $13,728 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-10.8%), while the prices for the other major destinations experienced a decline.

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

Ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports into Ukraine fell notably to 20 tons in 2022, with a decrease of -81.6% compared with the year before. In general, imports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 10% against the previous year.

In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports dropped remarkably to $637K in 2022. Overall, imports recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 18%.

Import of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia22.669538014485.4%
China1,20749239499.6-56.5%
Brazil27832024798.4-29.3%
Netherlands58731271393.1-45.9%
Vietnam14013024492.3-13.0%
Italy138N/AN/AN/A0%
Others775366754109-48.0%
Total3,1482,3162,732637-41.3%

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

  1. Russia (5.3 tons)
  2. Brazil (3.3 tons)
  3. Vietnam (3.1 tons)
  4. China (2.7 tons)
  5. Netherlands (2.6 tons)

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

In 2022, shipments abroad of ferro-alloys; ferro-tungsten and ferro-silico-tungstens increased by 90% to 12 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a sharp downturn.

In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten exports surged to $160K in 2022. Overall, exports, however, showed a precipitous decrease.

Export of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia13336.234.885.0-13.9%
Netherlands3.427.849.374.8180.2%
United States11664.9N/AN/A-44.1%
Czech Republic29619.2N/AN/A-93.5%
OthersN/A87.5N/AN/A0%
Total54823684.1160-33.7%

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

  1. Russia (6.2 tons)
  2. Netherlands (5.4 tons)

Source: IndexBox Market Intelligence Platform

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