Ferro-Alloys; Ferro-Vanadium Price in Slovenia - 2023

Contents:

  1. Ferro-Alloys; Ferro-Vanadium Price in Slovenia (CIF) - 2023
  2. Ferro-Alloys; Ferro-Vanadium Price in Slovenia (FOB) - 2022
  3. Ferro-Alloys; Ferro-Vanadium Imports in Slovenia
  4. Ferro-Alloys; Ferro-Vanadium Exports in Slovenia

Ferro-Alloys; Ferro-Vanadium Price in Slovenia (CIF) - 2023

In August 2023, the average ferro-alloys; ferro-vanadium import price amounted to $27,106 per ton, picking up by 4.3% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 296% m-o-m. As a result, import price reached the peak level of $101K per ton. From January 2023 to August 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the countries with the highest prices were Poland ($28,640 per ton) and Belgium ($27,581 per ton), while the price for Austria ($26,328 per ton) and Germany ($26,595 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Ferro-Alloys; Ferro-Vanadium Price in Slovenia (FOB) - 2022

In 2022, the average ferro-alloys; ferro-vanadium export price amounted to $23,242 per ton, dropping by -11.8% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 105% against the previous year. As a result, the export price reached the peak level of $43,788 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($24,828 per ton), while the average price for exports to Italy ($23,139 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+16.0%), while the prices for the other major destinations experienced mixed trend patterns.

Ferro-Alloys; Ferro-Vanadium Imports in Slovenia

In 2022, ferro-alloys; ferro-vanadium imports into Slovenia skyrocketed to 695 tons, increasing by 17% on the year before. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ferro-alloys; ferro-vanadium imports rose rapidly to $19M in 2022. In general, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 55%.

Import of Ferro-Alloys; Ferro-Vanadium in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria13.08.714.313.71.8%
NetherlandsN/A1.72.63.747.5%
Czech Republic0.30.5N/A1.049.4%
BelgiumN/AN/A0.40.40.0%
Italy0.10.10.20.226.0%
South Africa7.0N/AN/AN/A0%
Others3.30.20.10.2-60.7%
Total23.811.317.619.2-6.9%

Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Slovenia in 2022:

  1. Austria (446.5 tons)
  2. Netherlands (150.4 tons)
  3. Czech Republic (52.7 tons)
  4. Belgium (23.0 tons)
  5. Italy (13.2 tons)

Ferro-Alloys; Ferro-Vanadium Exports in Slovenia

Ferro-alloys; ferro-vanadium exports from Slovenia skyrocketed to 122 tons in 2022, jumping by 47% on 2021. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ferro-alloys; ferro-vanadium exports skyrocketed to $2.8M in 2022. Over the period under review, exports, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 66%.

Export of Ferro-Alloys; Ferro-Vanadium in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2,3369881,6222,5753.3%
France10117914116317.3%
RomaniaN/A134N/A55.5-35.6%
Austria516N/AN/AN/A0%
NetherlandsN/AN/A393N/A0%
Others96.817.727.632.8-30.3%
Total3,0501,3192,1842,826-2.5%

Top Export Markets for Ferro-Alloys; Ferro-Vanadium from Slovenia in 2022:

  1. Italy (111.3 tons)
  2. France (6.9 tons)
  3. Romania (2.2 tons)

Source: IndexBox Market Intelligence Platform

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