Ferro-Alloys; Ferro-Niobium Price in Serbia - 2023

Contents:

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

Ferro-Alloys; Ferro-Niobium Price in Serbia (CIF) - 2022

In 2022, the average ferro-alloys; ferro-niobium import price amounted to $21,792 per ton, with a decrease of -4% against the previous year. In general, the import price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2020 an increase of 10%. The import price peaked at $29,157 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($27,142 per ton), while the price for France ($17,130 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.2%), while the prices for the other major suppliers experienced a decline.

Ferro-Alloys; Ferro-Niobium Price in Serbia (FOB) - 2022

In 2022, the average ferro-alloys; ferro-niobium export price amounted to $14,244 per ton, flattening at the previous year. Over the period under review, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of 5.1% against the previous year. The export price peaked at $33,225 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($18,770 per ton), while the average price for exports to Germany ($10,156 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 Germany (-6.4%), while the prices for the other major destinations experienced a decline.

Ferro-Alloys; Ferro-Niobium Imports in Serbia

In 2022, the amount of ferro-alloys; ferro-niobia imported into Serbia was estimated at 163 tons, with an increase of 4.5% on the previous year's figure. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 7.3% against the previous year.

In value terms, ferro-alloys; ferro-niobium imports amounted to $3.6M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 2.1% against the previous year.

Import of Ferro-Alloys; Ferro-Niobium in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil7171,3531,1381,79735.8%
Slovakia1902172081991.6%
Germany177186164120-12.2%
Canada14813610566.8-23.3%
Netherlands83.982.467.946.3-18.0%
RussiaN/AN/AN/A33.10%
Others2,3041,5011,8661,300-17.4%
Total3,6213,4773,5493,562-0.5%

Top Suppliers of Ferro-Alloys; Ferro-Niobium to Serbia in 2022:

  1. Brazil (82.2 tons)
  2. Slovakia (10.2 tons)
  3. Germany (4.4 tons)
  4. Canada (3.2 tons)
  5. Netherlands (1.9 tons)
  6. Russia (1.8 tons)

Ferro-Alloys; Ferro-Niobium Exports in Serbia

In 2022, exports of ferro-alloys; ferro-niobia from Serbia stood at 1.1 tons, with an increase of 8.3% compared with 2021. The total export volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 40% against the previous year. As a result, the exports reached the peak of 1.2 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, ferro-alloys; ferro-niobium exports expanded significantly to $16K in 2022. The total export value increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 37%. As a result, the exports attained the peak of $17K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Ferro-Alloys; Ferro-Niobium in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina5.98.78.29.517.2%
Germany1.83.62.82.714.5%
Netherlands2.11.31.01.0-21.9%
Others2.33.22.52.41.4%
Total12.216.714.515.68.5%

Top Export Markets for Ferro-Alloys; Ferro-Niobium from Serbia in 2022:

  1. Bosnia and Herzegovina (504.0 kg)
  2. Germany (268.0 kg)
  3. Netherlands (96.0 kg)

Source: IndexBox Market Intelligence Platform

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