Ferro-Alloys; Ferro-Nickel Price in Canada - 2023
Contents:
- Ferro-Alloys; Ferro-Nickel Price in Canada (FOB) - 2022
- Ferro-Alloys; Ferro-Nickel Price in Canada (CIF) - 2022
- Ferro-Alloys; Ferro-Nickel Exports in Canada
- Ferro-Alloys; Ferro-Nickel Imports in Canada
Ferro-Alloys; Ferro-Nickel Price in Canada (FOB) - 2022
In 2022, the average ferro-alloys; ferro-nickel export price amounted to $3,153 per ton, surging by 95% against the previous year. In general, the export price, however, showed a deep setback. The export price peaked at $10,525 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,489 per ton), while the average price for exports to India amounted to $2,779 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+8.8%), while the prices for the other major destinations experienced a decline.
Ferro-Alloys; Ferro-Nickel Price in Canada (CIF) - 2022
In 2022, the average ferro-alloys; ferro-nickel import price amounted to $33,751 per ton, picking up by 1,210% against the previous year. Over the period under review, the import price continues to indicate a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -8.8% per year.
Ferro-Alloys; Ferro-Nickel Exports in Canada
In 2022, approx. 41 tons of ferro-alloys; ferro-nickels were exported from Canada; shrinking by -93.2% on 2021. Over the period under review, exports faced a significant decrease. The smallest decline of -50% was in 2021.
In value terms, ferro-alloys; ferro-nickel exports reduced markedly to $129K in 2022. In general, exports saw a sharp reduction. The smallest decline of -50% was in 2021.
| Export of Ferro-Alloys; Ferro-Nickel in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | N/A | N/A | 75.3 | 0% | |
| India | 1,937 | 969 | 53.9 | -83.3% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 1,937 | 969 | 129 | -74.2% | |
Top Export Markets for Ferro-Alloys; Ferro-Nickel from Canada in 2022:
- United States (21.6 tons)
- India (19.4 tons)
Ferro-Alloys; Ferro-Nickel Imports in Canada
In 2022, the amount of ferro-alloys; ferro-nickels imported into Canada reduced sharply to 1.5 tons, which is down by -84.4% compared with the year before. Over the period under review, imports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 2.7% against the previous year.
In value terms, ferro-alloys; ferro-nickel imports surged to $49K in 2022. In general, imports, however, showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Alloys; Ferro-Nickel in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | N/A | N/A | 48.4 | 0% |
| India | N/A | N/A | 11.2 | 0.6 | -94.6% |
| United States | 24.6 | 23.2 | 12.5 | N/A | -28.7% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 24.6 | 23.2 | 23.9 | 49.0 | 25.8% |
Top Suppliers of Ferro-Alloys; Ferro-Nickel to Canada in 2022:
- Chile (1434.0 kg)
- India (17.0 kg)
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