Slovenia - Ferro-Chromium - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 25, 2024

Slovenia - Ferro-Chromium - Market Analysis, Forecast, Size, Trends And Insights

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Ferro-Chromium Price in Slovenia - 2023

Contents:

  1. Ferro-Chromium Price in Slovenia (CIF) - 2023
  2. Ferro-Chromium Price in Slovenia (FOB) - 2023
  3. Ferro-Chromium Imports in Slovenia
  4. Ferro-Chromium Exports in Slovenia

Ferro-Chromium Price in Slovenia (CIF) - 2023

The average ferro-chromium import price stood at $2,683 per ton in September 2023, jumping by 31% against the previous month. Overall, import price indicated notable growth from September 2022 to September 2023: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, ferro-chromium import price decreased by -15.9% against April 2023 indices. The import price peaked at $3,189 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($3,874 per ton), while the price for India ($1,748 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Russia (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Ferro-Chromium Price in Slovenia (FOB) - 2023

In September 2023, the average ferro-chromium export price amounted to $2,630 per ton, with an increase of 3% against the previous month. Over the period under review, the export price, however, showed a pronounced decline. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 33% against the previous month. Over the period under review, the average export prices reached the peak figure at $4,296 per ton in November 2022; however, from December 2022 to September 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In September 2023, the country with the highest price was Serbia ($4,491 per ton), while the average price for exports to Bosnia and Herzegovina stood at $4,035 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+94.7%), while the prices for the other major destinations experienced mixed trend patterns.

Ferro-Chromium Imports in Slovenia

In 2022, the amount of ferro-chromium imported into Slovenia dropped to 13K tons, declining by -7.9% compared with the year before. In general, imports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 58%.

In value terms, ferro-chromium imports fell to $17M in 2022. Over the period under review, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 81%.

Import of Ferro-Chromium in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey13.42.02.25.1-27.5%
SwedenN/A0.66.54.4170.8%
Netherlands1.10.20.12.836.5%
Italy1.50.51.42.721.6%
Czech RepublicN/AN/A0.30.9200.0%
Russia1.14.93.40.7-14.0%
India1.4N/AN/A0.1-58.5%
Kazakhstan8.21.33.4N/A-35.6%
South Africa8.3N/AN/AN/A0%
Others8.60.10.20.4-64.0%
Total43.79.717.517.1-26.9%

Top Suppliers of Ferro-Chromium to Slovenia in 2022:

  1. Sweden (4.3K tons)
  2. Turkey (3.7K tons)
  3. Netherlands (3.2K tons)
  4. Italy (0.6K tons)
  5. Czech Republic (0.6K tons)
  6. Russia (0.2K tons)
  7. India (0.1K tons)

Ferro-Chromium Exports in Slovenia

In 2022, exports of ferro-chromium from Slovenia declined notably to 2.4K tons, waning by -40.8% on the previous year's figure. Overall, exports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 110%.

In value terms, ferro-chromium exports soared to $10M in 2022. In general, exports saw a deep contraction.

Export of Ferro-Chromium in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/A1501,7344,503447.9%
Romania1173151,0994,059226.1%
Serbia11523947729136.3%
Czech Republic1,9311,383358233-50.6%
Croatia10916720422727.7%
UkraineN/A10330415723.5%
Germany20.722095.913988.7%
Montenegro4621159.232.7-58.6%
Italy9,8774191,223N/A-64.8%
Others13448551046951.8%
Total12,7663,5956,01510,110-7.5%

Top Export Markets for Ferro-Chromium from Slovenia in 2022:

  1. Romania (1067.7 tons)
  2. Austria (1011.1 tons)
  3. Czech Republic (77.5 tons)
  4. Ukraine (69.0 tons)
  5. Serbia (53.2 tons)
  6. Germany (46.3 tons)
  7. Croatia (38.3 tons)
  8. Montenegro (11.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ferro-chromium market in Slovenia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Slovenia

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Slovenia
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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