Ferro-Alloys; Ferro-Nickel Price in the United Arab Emirates - 2021
Contents:
- Ferro-Alloys; Ferro-Nickel Price in the United Arab Emirates (FOB) - 2022
- Ferro-Alloys; Ferro-Nickel Price in the United Arab Emirates (CIF) - 2022
- Ferro-Alloys; Ferro-Nickel Exports in the United Arab Emirates
- Ferro-Alloys; Ferro-Nickel Imports in the United Arab Emirates
Ferro-Alloys; Ferro-Nickel Price in the United Arab Emirates (FOB) - 2022
The average ferro-alloys; ferro-nickel export price stood at $15,711 per ton in 2022, remaining constant against the previous year. Overall, the export price enjoyed prominent growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 144%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($29,108 per ton), while the average price for exports to Oman ($3,246 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 Qatar (+64.7%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Alloys; Ferro-Nickel Price in the United Arab Emirates (CIF) - 2022
In 2022, the average ferro-alloys; ferro-nickel import price amounted to $3,769 per ton, approximately reflecting the previous year. In general, the import price continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2013 an increase of 435%. The import price peaked at $23,179 per ton in 2014; however, from 2015 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 Turkey ($4,424 per ton), while the price for India ($940 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.2%), while the prices for the other major suppliers experienced a decline.
Ferro-Alloys; Ferro-Nickel Exports in the United Arab Emirates
In 2022, overseas shipments of ferro-alloys; ferro-nickels decreased by -50% to 58 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports faced a dramatic setback.
In value terms, ferro-alloys; ferro-nickel exports plummeted to $907K in 2022. In general, exports saw a sharp downturn.
| Export of Ferro-Alloys; Ferro-Nickel in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 456 | N/A | 825 | 581 | 8.4% |
| India | 3,160 | N/A | 980 | 320 | -53.4% |
| Oman | 6.3 | N/A | 6.0 | 3.5 | -17.8% |
| Others | 4.2 | N/A | 1.9 | 2.7 | -13.7% |
| Total | 3,627 | N/A | 1,813 | 907 | -37.0% |
Top Export Markets for Ferro-Alloys; Ferro-Nickel from the United Arab Emirates in 2022:
- India (36.4 tons)
- Qatar (20.0 tons)
- Oman (1.1 tons)
Ferro-Alloys; Ferro-Nickel Imports in the United Arab Emirates
In 2022, after two years of decline, there was significant decline in supplies from abroad of ferro-alloys; ferro-nickels, when their volume decreased by -50% to 109 tons. Over the period under review, imports continue to indicate a sharp contraction.
In value terms, ferro-alloys; ferro-nickel imports shrank remarkably to $412K in 2022. Overall, imports recorded a sharp decline.
| Import of Ferro-Alloys; Ferro-Nickel in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 504 | N/A | 557 | 296 | -16.3% |
| Brazil | 483 | N/A | 266 | 99.4 | -41.0% |
| India | 661 | N/A | 0.8 | 17.1 | -70.4% |
| Others | N/A | N/A | 0.8 | N/A | 0% |
| Total | 1,648 | N/A | 824 | 412 | -37.0% |
Top Suppliers of Ferro-Alloys; Ferro-Nickel to the United Arab Emirates in 2022:
- Turkey (66.8 tons)
- Brazil (24.3 tons)
- India (18.2 tons)
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