Ferro-Alloys; Ferro-Silico-Chromium Price in Hungary - 2022

Contents:

  1. Ferro-Alloys; Ferro-Silico-Chromium Price in Hungary (CIF) - 2022
  2. Ferro-Alloys; Ferro-Silico-Chromium Imports in Hungary

Ferro-Alloys; Ferro-Silico-Chromium Price in Hungary (CIF) - 2022

In 2022, the average ferro-alloys; ferro-silico-chromium import price amounted to $3,512 per ton, approximately mirroring the previous year. Overall, the import price faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 228% against the previous year. Over the period under review, average import prices hit record highs at $112,793 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($3,824 per ton), while the price for the UK totaled $3,451 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-25.3%).

Ferro-Alloys; Ferro-Silico-Chromium Imports in Hungary

In 2022, after two years of decline, there was significant decline in purchases abroad of ferro-alloys; ferro-silico-chromia, when their volume decreased by -39% to 9 tons. Overall, imports, however, showed a significant expansion.

In value terms, ferro-alloys; ferro-silico-chromium imports shrank markedly to $32K in 2022. In general, imports, however, saw significant growth.

Import of Ferro-Alloys; Ferro-Silico-Chromium in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.9N/A51.626.0206.8%
NetherlandsN/AN/A0.35.61766.7%
OthersN/AN/AN/AN/A0%
Total0.9N/A51.931.6227.5%

Top Suppliers of Ferro-Alloys; Ferro-Silico-Chromium to Hungary in 2022:

  1. United Kingdom (7.5 tons)
  2. Netherlands (1.5 tons)

Source: IndexBox Market Intelligence Platform

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