Ferro-Alloys; Ferro-Nickel Price in Hungary - 2021
Contents:
- Ferro-Alloys; Ferro-Nickel Price in Hungary (CIF) - 2022
- Ferro-Alloys; Ferro-Nickel Price in Hungary (FOB) - 2022
- Ferro-Alloys; Ferro-Nickel Imports in Hungary
- Ferro-Alloys; Ferro-Nickel Exports in Hungary
Ferro-Alloys; Ferro-Nickel Price in Hungary (CIF) - 2022
In 2022, the average ferro-alloys; ferro-nickel import price amounted to $2,523 per ton, reducing by -18.3% against the previous year. Overall, the import price saw a dramatic decrease. The most prominent rate of growth was recorded in 2021 an increase of 44% against the previous year. The import price peaked at $97,299 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($3,061 per ton), while the price for Germany amounted to $2,217 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+67.0%), while the prices for the other major suppliers experienced a decline.
Ferro-Alloys; Ferro-Nickel Price in Hungary (FOB) - 2022
In 2022, the average ferro-alloys; ferro-nickel export price amounted to $25,000 per ton, falling by -50% against the previous year. In general, the export price saw a abrupt downturn. The growth pace was the most rapid in 2018 when the average export price increased by 9.8% against the previous year. Over the period under review, the average export prices reached the maximum at $118,212 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($3,499,778 per ton), while the average price for exports to Italy ($24,472 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 Italy (-14.2%), while the prices for the other major destinations experienced a decline.
Ferro-Alloys; Ferro-Nickel Imports in Hungary
In 2022, the amount of ferro-alloys; ferro-nickels imported into Hungary surged to 133 tons, jumping by 24% on the previous year. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 189%. As a result, imports attained the peak of 159 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, ferro-alloys; ferro-nickel imports totaled $335K in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 6.6% against the previous year. As a result, imports attained the peak of $341K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Ferro-Alloys; Ferro-Nickel in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 186 | 168 | 151 | 288 | 15.7% |
| Netherlands | 35.9 | 50.4 | 96.2 | 7.9 | -39.6% |
| Luxembourg | 87.8 | 99.9 | N/A | N/A | 13.8% |
| Others | 10.5 | 22.3 | 83.1 | 39.1 | 55.0% |
| Total | 320 | 341 | 330 | 335 | 1.5% |
Top Suppliers of Ferro-Alloys; Ferro-Nickel to Hungary in 2022:
- Germany (130.2 tons)
- Netherlands (2.6 tons)
Ferro-Alloys; Ferro-Nickel Exports in Hungary
After two years of decline, overseas shipments of ferro-alloys; ferro-nickels decreased by 0% to 1 kg in 2022. Overall, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, ferro-alloys; ferro-nickel exports shrank notably to $25 in 2022. Over the period under review, exports showed a sharp slump.
| Export of Ferro-Alloys; Ferro-Nickel in Hungary (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 98.0 | N/A | 48.0 | 24.0 | -37.4% |
| Romania | 1.0 | N/A | 1.0 | 1.0 | 0.0% |
| Netherlands | 1.0 | N/A | 1.0 | 1.0 | 0.0% |
| Czech Republic | 1.0 | N/A | 1.0 | 1.0 | 0.0% |
| Slovakia | 1.0 | N/A | 1.0 | 1.0 | 0.0% |
| Others | -3.0 | N/A | -2.0 | -3.0 | 0.0% |
| Total | 99.0 | N/A | 50.0 | 25.0 | -36.8% |
Top Export Markets for Ferro-Alloys; Ferro-Nickel from Hungary in 2022:
- Italy (1.0 kg)
- Romania (1.0 kg)
- Netherlands (1.0 kg)
- Slovakia (1.0 kg)
- Czech Republic (1.0 kg)
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