Ferro-Alloys; Ferro-Vanadium Price in Italy - 2023
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Italy (CIF) - 2022
- Ferro-Alloys; Ferro-Vanadium Price in Italy (FOB) - 2022
- Ferro-Alloys; Ferro-Vanadium Imports in Italy
- Ferro-Alloys; Ferro-Vanadium Exports in Italy
Ferro-Alloys; Ferro-Vanadium Price in Italy (CIF) - 2022
The average ferro-alloys; ferro-vanadium import price stood at $16,715 per ton in 2022, with a decrease of -4.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 133% against the previous year. As a result, import price reached the peak level of $38,609 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($30,939 per ton), while the price for Denmark ($1,845 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Alloys; Ferro-Vanadium Price in Italy (FOB) - 2022
The average ferro-alloys; ferro-vanadium export price stood at $16,297 per ton in 2022, which is down by -55.2% against the previous year. Over the period under review, the export price showed a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 96%. The export price peaked at $44,840 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($18,000 per ton), while the average price for exports to Spain ($11,536 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 the United States (+106.8%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Alloys; Ferro-Vanadium Imports in Italy
In 2022, ferro-alloys; ferro-vanadium imports into Italy soared to 3K tons, jumping by 20% against the year before. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-vanadium imports expanded markedly to $50M in 2022. Over the period under review, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 81%.
| Import of Ferro-Alloys; Ferro-Vanadium in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 23.2 | 11.0 | 14.0 | 20.1 | -4.7% |
| Austria | 14.7 | 4.0 | 13.3 | 11.1 | -8.9% |
| Germany | 10.7 | 4.4 | 7.3 | 9.2 | -4.9% |
| Slovenia | 1.8 | 1.6 | 2.4 | 3.6 | 26.0% |
| France | 0.3 | 0.3 | 0.4 | 2.0 | 88.2% |
| South Africa | N/A | 0.8 | 3.1 | 1.3 | 27.5% |
| Denmark | N/A | N/A | N/A | 0.2 | 0% |
| Spain | 3.1 | 0.2 | 0.1 | 0.2 | -59.9% |
| Others | 9.7 | 1.8 | 3.2 | 2.6 | -35.5% |
| Total | 63.6 | 24.2 | 43.9 | 50.2 | -7.6% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Italy in 2022:
- Slovenia (936.7 tons)
- Netherlands (649.9 tons)
- Germany (589.5 tons)
- Austria (406.9 tons)
- France (127.0 tons)
- Denmark (108.9 tons)
- South Africa (50.0 tons)
- Spain (6.1 tons)
Ferro-Alloys; Ferro-Vanadium Exports in Italy
In 2022, approx. 47 tons of ferro-alloys; ferro-vanadia were exported from Italy; which is down by -27.1% against the year before. Overall, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year.
In value terms, ferro-alloys; ferro-vanadium exports reduced sharply to $762K in 2022. In general, exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 136%.
| Export of Ferro-Alloys; Ferro-Vanadium in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1,461 | 265 | 672 | 482 | -30.9% |
| Greece | 146 | 235 | 443 | 263 | 21.7% |
| Spain | 572 | N/A | 87.0 | 16.8 | -69.1% |
| Germany | 498 | 106 | 139 | N/A | -47.2% |
| Slovenia | 242 | 82.9 | 474 | N/A | 40.0% |
| United States | 480 | N/A | N/A | N/A | 0% |
| France | 158 | 0.9 | 431 | N/A | 65.2% |
| North Macedonia | N/A | 195 | N/A | N/A | 0% |
| Saudi Arabia | N/A | N/A | 45.4 | N/A | 0% |
| Turkey | 121 | 102 | N/A | N/A | -15.7% |
| Others | N/A | 3.6 | 40.9 | N/A | 1036.1% |
| Total | 3,677 | 990 | 2,333 | 762 | -40.8% |
Top Export Markets for Ferro-Alloys; Ferro-Vanadium from Italy in 2022:
- Poland (26.8 tons)
- Greece (18.5 tons)
- Spain (1.5 tons)
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