Ferro-Alloys; Ferro-Nickel Price in Australia - 2023
Contents:
- Ferro-Alloys; Ferro-Nickel Price in Australia (FOB) - 2023
- Ferro-Alloys; Ferro-Nickel Exports in Australia
Ferro-Alloys; Ferro-Nickel Price in Australia (FOB) - 2023
The average ferro-alloys; ferro-nickel export price stood at $4,987 per ton in June 2023, flattening at the previous month. Overall, the export price continues to indicate a dramatic shrinkage. As a result, the export price attained the peak level of $32,022 per ton. From January 2023 to June 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for New Zealand.
From December 2022 to June 2023, the rate of growth in terms of prices for New Zealand amounted to -26.7% per month.
Ferro-Alloys; Ferro-Nickel Exports in Australia
In 2022, after two years of growth, there was significant decline in overseas shipments of ferro-alloys; ferro-nickels, when their volume decreased by -32.1% to 7.8 tons. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 394%. As a result, the exports reached the peak of 12 tons, and then fell notably in the following year.
In value terms, ferro-alloys; ferro-nickel exports skyrocketed to $251K in 2022. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 394% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Ferro-Alloys; Ferro-Nickel in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Saudi Arabia | 9.5 | 24.0 | 111 | 241.8% | |
| South Korea | 7.0 | 65.5 | 67.7 | 211.0% | |
| China | 6.3 | 58.8 | 60.1 | 208.9% | |
| Netherlands | 0.7 | 7.7 | 8.7 | 252.5% | |
| New Caledonia | N/A | N/A | 2.7 | 0% | |
| Others | 8.7 | 2.9 | 1.4 | -59.9% | |
| Total | 32.2 | 159 | 251 | 179.2% | |
Top Export Markets for Ferro-Alloys; Ferro-Nickel from Australia in 2022:
- China (4.4 tons)
- Saudi Arabia (1.7 tons)
- Netherlands (0.7 tons)
- South Korea (0.7 tons)
- New Caledonia (0.1 tons)
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This report provides an in-depth analysis of the ferro-alloys market in Australia.
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This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Australia.
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This report provides an in-depth analysis of the ferro-chromium market in Australia.
722
This report provides an in-depth analysis of the ferro-silicon market in Australia.
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This report provides an in-depth analysis of the ferro-manganese market in Australia.
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This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Australia.
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This report provides an in-depth analysis of the ferro-silico-manganese market in Australia.
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This report provides an in-depth analysis of the ferro-molybdenum market in Australia.
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This report provides an in-depth analysis of the global ferro-alloys market.
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This report provides an in-depth analysis of the global miscellaneous ferro-alloys market.
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Ferro-Manganese exports reached a peak of 141K tons in 2018, but remained lower from 2019 to 2023. The value of exports notably dropped to $86M in 2023.
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The rate of expansion was highest in February 2023, with imports of Ferro-Manganese increasing by 266% compared to the previous month. In terms of value, the imports of Ferro-Manganese sharply declined to $525K in September 2023.
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China dominates the world market for ferro-alloys, importing a staggering $9.8 billion worth of these alloys in 2022. The United States, Japan, Indonesia, Germany, the Netherlands, Italy, South Korea, Turkey, and India are also major importers of ferro-alloys, driven by their respective manufacturing sectors and domestic consumption.
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The conflict between Russia and Ukraine has had a significant impact on the ferroalloy industry. The main producing regions of ferroalloys are located in Eastern Europe, which has been affected by the conflict.
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Throughout January-September 2021, global ferroalloy trade totalled $11.8B, increasing by +36% compared to the same period last year. This spike was caused by growing prices, as imports in physical terms remained nearly unchanged against the previous year’s figures. China tops the ferroalloy importer ranking with 29% of the total value, followed by Japan and the U.S. The average ferroalloy import price in September 2021 was estimated at $2.5 per kg, a 56%-increase compared to those of September 2020.
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The global trade in ferro-alloys amounted to X million USD in 2015, fluctuating wildly over the period under review. A plunge in 2009 was followed by recovery over the next two years, until exports decreased again. Exports continued falling for th
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Explore the top import markets for miscellaneous ferro-alloys in 2023, including key statistics and insights. Discover the leading countries driving global trade in ferro-alloys.
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Discover the top import markets for Ferro-Chromium and their impact on the global market. Learn about the key players driving demand for this essential alloy.
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Explore the top import markets for ferro-silicon and delve into the key statistics and numbers behind these markets. Learn about the demand drivers and trends in these key markets.
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Ferrosilicon consumption is expected to continue rising due to the further growth of solar energy.
