Ferro-Alloys; Ferro-Silico-Chromium Price in Germany - 2023

Contents:

  1. Ferro-Alloys; Ferro-Silico-Chromium Price in Germany (CIF) - 2022
  2. Ferro-Alloys; Ferro-Silico-Chromium Price in Germany (FOB) - 2022
  3. Ferro-Alloys; Ferro-Silico-Chromium Imports in Germany
  4. Ferro-Alloys; Ferro-Silico-Chromium Exports in Germany

Ferro-Alloys; Ferro-Silico-Chromium Price in Germany (CIF) - 2022

In 2022, the average ferro-alloys; ferro-silico-chromium import price amounted to $3,627 per ton, picking up by 141% against the previous year. Over the period under review, the import price saw a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($3,908 per ton), while the price for Austria ($2,129 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malta (+46.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Ferro-Alloys; Ferro-Silico-Chromium Price in Germany (FOB) - 2022

In 2022, the average ferro-alloys; ferro-silico-chromium export price amounted to $3,989 per ton, falling by -9.8% against the previous year. Over the period under review, the export price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 194% against the previous year. Over the period under review, the average export prices hit record highs at $4,870 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($4,043 per ton), while the average price for exports to Turkey stood at $3,781 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (-0.7%), while the prices for the other major destinations experienced a decline.

Ferro-Alloys; Ferro-Silico-Chromium Imports in Germany

In 2022, ferro-alloys; ferro-silico-chromium imports into Germany surged to 16K tons, jumping by 77% against 2021. Overall, imports posted a notable expansion. The pace of growth appeared the most rapid in 2021 with an increase of 192% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, ferro-alloys; ferro-silico-chromium imports skyrocketed to $57M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Ferro-Alloys; Ferro-Silico-Chromium in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland16.70.211.151.245.3%
Netherlands3.9N/A2.24.44.1%
MaltaN/A3.1N/A0.7-52.5%
AustriaN/AN/AN/A0.70%
Mozambique1.5N/AN/AN/A0%
Others1.10.1N/AN/A-90.9%
Total23.33.413.457.034.7%

Top Suppliers of Ferro-Alloys; Ferro-Silico-Chromium to Germany in 2022:

  1. Poland (13.1K tons)
  2. Netherlands (2.0K tons)
  3. Austria (0.3K tons)
  4. Malta (0.3K tons)

Ferro-Alloys; Ferro-Silico-Chromium Exports in Germany

In 2022, the amount of ferro-alloys; ferro-silico-chromia exported from Germany soared to 1.8 tons, jumping by 36% compared with the year before. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 66%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, ferro-alloys; ferro-silico-chromium exports skyrocketed to $7.2K in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -3.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 72% against the previous year. As a result, the exports reached the peak of $7.4K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Ferro-Alloys; Ferro-Silico-Chromium in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia1.26.30.75.869.1%
TurkeyN/A1.10.41.412.8%
GreeceN/AN/A4.7N/A0%
United Arab Emirates3.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total4.37.45.97.218.7%

Top Export Markets for Ferro-Alloys; Ferro-Silico-Chromium from Germany in 2022:

  1. Croatia (1435.0 kg)
  2. Turkey (372.0 kg)

Source: IndexBox Market Intelligence Platform

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