Ferro-Alloys; Ferro-Nickel Price in Austria - 2023
Contents:
- Ferro-Alloys; Ferro-Nickel Price in Austria (CIF) - 2023
- Ferro-Alloys; Ferro-Nickel Imports in Austria
Ferro-Alloys; Ferro-Nickel Price in Austria (CIF) - 2023
In May 2023, the average ferro-alloys; ferro-nickel import price amounted to $13,055 per ton, with a decrease of -3.5% against the previous month. In general, the import price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 29% against the previous month. Over the period under review, average import prices attained the maximum at $19,340 per ton in May 2022; however, from June 2022 to May 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From May 2022 to May 2023, the rate of growth in terms of prices for the Netherlands amounted to -3.2% per month.
Ferro-Alloys; Ferro-Nickel Imports in Austria
In 2022, imports of ferro-alloys; ferro-nickels into Austria shrank markedly to 313 tons, reducing by -50.9% compared with the year before. In general, imports faced a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 105%.
In value terms, ferro-alloys; ferro-nickel imports skyrocketed to $3M in 2022. Over the period under review, imports, however, posted a slight increase. The most prominent rate of growth was recorded in 2021 with an increase of 110% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
Import of Ferro-Alloys; Ferro-Nickel in Austria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | N/A | N/A | 2.2 | 0% |
Ukraine | 2.8 | 0.8 | 1.8 | 0.6 | -40.2% |
Germany | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
Others | N/A | 0.1 | N/A | N/A | 0% |
Total | 2.9 | 0.9 | 1.9 | 3.0 | 1.1% |
Top Suppliers of Ferro-Alloys; Ferro-Nickel to Austria in 2022:
- Netherlands (163.7 tons)
- Ukraine (128.7 tons)
- Germany (20.5 tons)
This report provides an in-depth analysis of the ferro-alloys market in Austria.
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Austria.
This report provides an in-depth analysis of the ferro-chromium market in Austria.
This report provides an in-depth analysis of the ferro-silicon market in Austria.
This report provides an in-depth analysis of the ferro-manganese market in Austria.
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Austria.
This report provides an in-depth analysis of the ferro-silico-manganese market in Austria.
This report provides an in-depth analysis of the ferro-molybdenum market in Austria.
This report provides an in-depth analysis of the global ferro-alloys market.
This report provides an in-depth analysis of the global miscellaneous ferro-alloys market.
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.
The conflict between Russia and Ukraine has had a significant impact on the ferroalloy industry. The main producing regions of ferroalloys are located in Eastern Europe, which has been affected by the conflict.
Throughout January-September 2021, global ferroalloy trade totalled $11.8B, increasing by +36% compared to the same period last year. This spike was caused by growing prices, as imports in physical terms remained nearly unchanged against the previous year’s figures. China tops the ferroalloy importer ranking with 29% of the total value, followed by Japan and the U.S. The average ferroalloy import price in September 2021 was estimated at $2.5 per kg, a 56%-increase compared to those of September 2020.
The global trade in ferro-alloys amounted to X million USD in 2015, fluctuating wildly over the period under review. A plunge in 2009 was followed by recovery over the next two years, until exports decreased again. Exports continued falling for th
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