Ferro-Alloys; Ferro-Niobium Price in Finland - 2023
Contents:
- Ferro-Alloys; Ferro-Niobium Price in Finland (CIF) - 2023
- Ferro-Alloys; Ferro-Niobium Price in Finland (FOB) - 2022
- Ferro-Alloys; Ferro-Niobium Imports in Finland
- Ferro-Alloys; Ferro-Niobium Exports in Finland
Ferro-Alloys; Ferro-Niobium Price in Finland (CIF) - 2023
In June 2023, the average ferro-alloys; ferro-niobium import price amounted to $31,017 per ton, therefore, remained relatively stable against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The pace of growth appeared the most rapid in November 2022 an increase of 12% against the previous month. Over the period under review, average import prices hit record highs in June 2023.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($31,056 per ton), while the price for Sweden stood at $30,853 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Sweden (+2.3%).
Ferro-Alloys; Ferro-Niobium Price in Finland (FOB) - 2022
The average ferro-alloys; ferro-niobium export price stood at $22,901 per ton in 2022, almost unchanged from the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 7.4%. As a result, the export price attained the peak level of $23,181 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2015 to 2022, the rate of growth in terms of prices for Sweden amounted to +7.7% per year.
Ferro-Alloys; Ferro-Niobium Imports in Finland
In 2022, the amount of ferro-alloys; ferro-niobia imported into Finland rose remarkably to 1.8K tons, with an increase of 14% against the previous year's figure. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-niobium imports surged to $43M in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Alloys; Ferro-Niobium in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.1 | 6.4 | 24.8 | 27.4 | 192.0% |
| Sweden | N/A | 30.8 | 9.3 | 14.5 | -31.4% |
| United States | N/A | N/A | N/A | 1.4 | 0% |
| Brazil | 36.2 | N/A | 1.9 | N/A | -77.1% |
| Others | 0.6 | N/A | 1.6 | N/A | 63.3% |
| Total | 37.8 | 37.3 | 37.6 | 43.4 | 4.7% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to Finland in 2022:
- Netherlands (1107.6 tons)
- Sweden (624.7 tons)
- United States (58.2 tons)
Ferro-Alloys; Ferro-Niobium Exports in Finland
In 2022, ferro-alloys; ferro-niobium exports from Finland reduced to 100 tons, declining by -7.2% against the year before. In general, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 17%.
In value terms, ferro-alloys; ferro-niobium exports reduced to $2.3M in 2022. Over the period under review, exports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 17% against the previous year.
| Export of Ferro-Alloys; Ferro-Niobium in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 2.3 | 0% |
| Sweden | N/A | N/A | 2.2 | N/A | 0% |
| United States | 2.8 | 2.1 | N/A | N/A | -25.0% |
| Italy | N/A | N/A | 0.2 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.8 | 2.1 | 2.5 | 2.3 | -6.3% |
Top Export Markets for Ferro-Alloys; Ferro-Niobium from Finland in 2022:
- Netherlands (99.8 tons)
493
This report provides an in-depth analysis of the ferro-alloys market in Finland.
124
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Finland.
397
This report provides an in-depth analysis of the ferro-chromium market in Finland.
555
This report provides an in-depth analysis of the ferro-silicon market in Finland.
460
This report provides an in-depth analysis of the ferro-manganese market in Finland.
328
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Finland.
384
This report provides an in-depth analysis of the ferro-silico-manganese market in Finland.
374
This report provides an in-depth analysis of the ferro-molybdenum market in Finland.
2470
This report provides an in-depth analysis of the global ferro-alloys market.
90
This report provides an in-depth analysis of the global miscellaneous ferro-alloys market.
190
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.
2654
The conflict between Russia and Ukraine has had a significant impact on the ferroalloy industry. The main producing regions of ferroalloys are located in Eastern Europe, which has been affected by the conflict.
1737
Throughout January-September 2021, global ferroalloy trade totalled $11.8B, increasing by +36% compared to the same period last year. This spike was caused by growing prices, as imports in physical terms remained nearly unchanged against the previous year’s figures. China tops the ferroalloy importer ranking with 29% of the total value, followed by Japan and the U.S. The average ferroalloy import price in September 2021 was estimated at $2.5 per kg, a 56%-increase compared to those of September 2020.
2421
The global trade in ferro-alloys amounted to X million USD in 2015, fluctuating wildly over the period under review. A plunge in 2009 was followed by recovery over the next two years, until exports decreased again. Exports continued falling for th
134
Discover the top import markets for Ferro-Chromium and their impact on the global market. Learn about the key players driving demand for this essential alloy.
163
Explore the top import markets for ferro-silicon and delve into the key statistics and numbers behind these markets. Learn about the demand drivers and trends in these key markets.
1030
Ferrosilicon consumption is expected to continue rising due to the further growth of solar energy.
123
Discover the leading countries for importing Ferro-Silico-Manganese and the key factors driving their demand. Learn about the global market trends and statistics.
125
Explore the top import markets for Ferro-Molybdenum in the world, including key statistics on import values and market insights.
735
In value terms, ferro-chromium exports totaled $9B in 2018. Over the period under review, the total exports indicated a tangible increase from 2007 to 2018: its value increased at an average annual rate of +1.2% over the last eleven years.
