Ferro-Alloys; Ferro-Nickel Price in Sweden - 2023
Contents:
- Ferro-Alloys; Ferro-Nickel Price in Sweden (CIF) - 2023
- Ferro-Alloys; Ferro-Nickel Price in Sweden (FOB) - 2022
- Ferro-Alloys; Ferro-Nickel Imports in Sweden
- Ferro-Alloys; Ferro-Nickel Exports in Sweden
Ferro-Alloys; Ferro-Nickel Price in Sweden (CIF) - 2023
In June 2023, the average ferro-alloys; ferro-nickel import price amounted to $4,195 per ton, shrinking by -27.1% against the previous month. In general, the import price saw a abrupt slump. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 50% m-o-m. Over the period under review, average import prices reached the peak figure at $9,129 per ton in June 2022; however, from July 2022 to June 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 Brazil.
From June 2022 to June 2023, the rate of growth in terms of prices for North Macedonia amounted to +8.9% per month.
Ferro-Alloys; Ferro-Nickel Price in Sweden (FOB) - 2022
In 2022, the average ferro-alloys; ferro-nickel export price amounted to $315,206 per ton, with an increase of 10,514% against the previous year. Overall, the export price recorded significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($315,207 per ton), while the average price for exports to Norway totaled $315,206 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+373.4%).
Ferro-Alloys; Ferro-Nickel Imports in Sweden
In 2022, ferro-alloys; ferro-nickel imports into Sweden declined significantly to 15K tons, with a decrease of -24.5% compared with the previous year's figure. Overall, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 16%.
In value terms, ferro-alloys; ferro-nickel imports soared to $134M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% 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 +67.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Ferro-Alloys; Ferro-Nickel in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Dominican Republic | 8.7 | 20.7 | 35.4 | 41.2 | 67.9% |
Brazil | 9.9 | 3.8 | 12.6 | 37.9 | 56.4% |
New Caledonia | 26.3 | 27.7 | 18.2 | 31.7 | 6.4% |
Colombia | N/A | 4.8 | 3.4 | 14.6 | 74.4% |
Guatemala | 19.6 | 1.1 | N/A | 3.9 | -41.6% |
United Kingdom | 1.2 | 1.2 | N/A | 2.4 | 26.0% |
North Macedonia | 12.3 | 9.0 | 1.6 | 2.2 | -43.7% |
Netherlands | 5.2 | 0.8 | 1.9 | 0.1 | -73.2% |
Serbia | N/A | N/A | 4.0 | N/A | 0% |
Albania | N/A | 3.1 | N/A | N/A | 0% |
Ukraine | 8.0 | 1.6 | 4.0 | N/A | -29.3% |
Others | 3.3 | 6.4 | 6.1 | N/A | 36.0% |
Total | 94.4 | 80.2 | 87.3 | 134 | 12.4% |
Top Suppliers of Ferro-Alloys; Ferro-Nickel to Sweden in 2022:
- Netherlands (undefinedK tons)
- Brazil (5.5K tons)
- Dominican Republic (4.4K tons)
- New Caledonia (2.5K tons)
- Colombia (1.7K tons)
- North Macedonia (0.4K tons)
- Guatemala (0.4K tons)
- United Kingdom (0.3K tons)
Ferro-Alloys; Ferro-Nickel Exports in Sweden
After two years of decline, overseas shipments of ferro-alloys; ferro-nickels decreased by -99.1% to 664 kg in 2022. Overall, exports faced a sharp shrinkage.
In value terms, ferro-alloys; ferro-nickel exports contracted modestly to $209K in 2022. In general, exports saw a dramatic shrinkage.
Export of Ferro-Alloys; Ferro-Nickel in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 5.4 | N/A | 212 | 193 | 229.4% |
China | N/A | N/A | N/A | 16.2 | 0% |
Switzerland | 432 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 6.6 | N/A | 0% |
Total | 437 | N/A | 219 | 209 | -21.8% |
Top Export Markets for Ferro-Alloys; Ferro-Nickel from Sweden in 2022:
- Norway (612.0 kg)
- China (52.0 kg)
This report provides an in-depth analysis of the ferro-alloys market in Sweden.
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Sweden.
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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.
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