Ferro-Alloys; Ferro-Nickel Price in the Czech Republic - 2023
Contents:
- Ferro-Alloys; Ferro-Nickel Price in the Czech Republic (CIF) - 2023
- Ferro-Alloys; Ferro-Nickel Price in the Czech Republic (FOB) - 2023
- Ferro-Alloys; Ferro-Nickel Imports in the Czech Republic
- Ferro-Alloys; Ferro-Nickel Exports in the Czech Republic
Ferro-Alloys; Ferro-Nickel Price in the Czech Republic (CIF) - 2023
The average ferro-alloys; ferro-nickel import price stood at $2,405 per ton in June 2023, waning by -13.2% against the previous month. Over the period under review, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 3,900% m-o-m. As a result, import price attained the peak level of $172K per ton. From November 2022 to June 2023, the average import prices remained 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 June 2022 to June 2023, the rate of growth in terms of prices for the Netherlands amounted to -6.8% per month.
Ferro-Alloys; Ferro-Nickel Price in the Czech Republic (FOB) - 2023
In June 2023, the average ferro-alloys; ferro-nickel export price amounted to $2,965 per ton, with a decrease of -2.4% against the previous month. In general, the export price saw a mild decrease. The pace of growth appeared the most rapid in December 2022 an increase of 31% m-o-m. The export price peaked at $3,513 per ton in June 2022; however, from July 2022 to June 2023, 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 Poland.
From June 2022 to June 2023, the rate of growth in terms of prices for Poland amounted to -1.4% per month.
Ferro-Alloys; Ferro-Nickel Imports in the Czech Republic
In 2022, overseas purchases of ferro-alloys; ferro-nickels decreased by -18.5% to 625 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 6.8%. As a result, imports reached the peak of 792 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, ferro-alloys; ferro-nickel imports soared to $3.3M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.2% 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 +52.8% 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 the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 2,394 | 2,006 | 1,841 | 1,537 | -13.7% |
| Netherlands | N/A | N/A | N/A | 1,164 | 0% |
| Germany | 4.6 | 6.5 | 197 | 532 | 387.2% |
| Hungary | 156 | N/A | N/A | 0.1 | -91.4% |
| Indonesia | N/A | N/A | 151 | N/A | 0% |
| Others | N/A | 167 | 178 | 95.8 | -24.3% |
| Total | 2,554 | 2,179 | 2,367 | 3,329 | 9.2% |
Top Suppliers of Ferro-Alloys; Ferro-Nickel to the Czech Republic in 2022:
- Hungary (undefined tons)
- Colombia (293.7 tons)
- Netherlands (270.4 tons)
- Germany (57.2 tons)
Ferro-Alloys; Ferro-Nickel Exports in the Czech Republic
In 2022, the amount of ferro-alloys; ferro-nickels exported from the Czech Republic reduced modestly to 5.5 tons, with a decrease of -2.2% compared with 2021 figures. Overall, exports showed a sharp decline.
In value terms, ferro-alloys; ferro-nickel exports fell to $10K in 2022. In general, exports continue to indicate a significant decrease.
| Export of Ferro-Alloys; Ferro-Nickel in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Poland | 7.4 | 0.6 | 10.1 | 16.8% | |
| Germany | N/A | 4.3 | 0.1 | -97.7% | |
| Slovakia | 15.4 | N/A | N/A | 0% | |
| Italy | N/A | 6.4 | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 22.7 | 11.4 | 10.2 | -33.0% | |
Top Export Markets for Ferro-Alloys; Ferro-Nickel from the Czech Republic in 2022:
- Germany (undefined tons)
- Poland (5.5 tons)
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