Ferro-Alloys; Ferro-Nickel Price in Slovakia - 2023

Contents:

  1. Ferro-Alloys; Ferro-Nickel Price in Slovakia (FOB) - 2022
  2. Ferro-Alloys; Ferro-Nickel Price in Slovakia (CIF) - 2022
  3. Ferro-Alloys; Ferro-Nickel Exports in Slovakia
  4. Ferro-Alloys; Ferro-Nickel Imports in Slovakia

Ferro-Alloys; Ferro-Nickel Price in Slovakia (FOB) - 2022

The average ferro-alloys; ferro-nickel export price stood at $77,012 per ton in 2022, approximately mirroring the previous year. In general, the export price, however, recorded a significant expansion. Over the period under review, the average export prices attained the peak figure at $77,091 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($82,295 per ton), while the average price for exports to the Netherlands ($9,525 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+46.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Alloys; Ferro-Nickel Price in Slovakia (CIF) - 2022

In 2022, the average ferro-alloys; ferro-nickel import price amounted to $31,101 per ton, with an increase of 92% against the previous year. Overall, the import price, however, recorded a dramatic setback. Over the period under review, average import prices attained the maximum at $636,000 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($50,611 per ton), while the price for the Netherlands amounted to $5,150 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+19.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Ferro-Alloys; Ferro-Nickel Exports in Slovakia

In 2022, exports of ferro-alloys; ferro-nickels from Slovakia soared to 1.7 tons, rising by 505% against the previous year. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ferro-alloys; ferro-nickel exports surged to $132K in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Ferro-Alloys; Ferro-Nickel in Slovakia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Czech Republic5.110.7124393.1%
Germany2.06.16.884.4%
Netherlands0.10.10.8182.8%
France0.32.5N/A733.3%
Others10.22.4N/A-76.5%
Total17.721.8132173.1%

Top Export Markets for Ferro-Alloys; Ferro-Nickel from Slovakia in 2022:

  1. Czech Republic (1510.0 kg)
  2. Germany (119.0 kg)
  3. Netherlands (83.0 kg)

Ferro-Alloys; Ferro-Nickel Imports in Slovakia

In 2022, approx. 1 tons of ferro-alloys; ferro-nickels were imported into Slovakia; with a decrease of -77.1% against the previous year's figure. In general, imports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2021 when imports increased by 483%.

In value terms, ferro-alloys; ferro-nickel imports reduced dramatically to $31K in 2022. Over the period under review, imports recorded a sharp decline. The growth pace was the most rapid in 2021 when imports increased by 338%.

Import of Ferro-Alloys; Ferro-Nickel in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic8.67.666.427.747.7%
NetherlandsN/AN/A0.82.3187.5%
Poland116N/AN/AN/A0%
South AfricaN/A7.9N/AN/A0%
Others1.30.63.61.1-5.4%
Total12516.270.831.1-37.1%

Top Suppliers of Ferro-Alloys; Ferro-Nickel to Slovakia in 2022:

  1. Czech Republic (548.0 kg)
  2. Netherlands (446.0 kg)

Source: IndexBox Market Intelligence Platform

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