Ferro-Alloys; Ferro-Nickel Price in Vietnam - 2021
Contents:
- Ferro-Alloys; Ferro-Nickel Price in Vietnam (CIF) - 2022
- Ferro-Alloys; Ferro-Nickel Price in Vietnam (FOB) - 2022
- Ferro-Alloys; Ferro-Nickel Imports in Vietnam
- Ferro-Alloys; Ferro-Nickel Exports in Vietnam
Ferro-Alloys; Ferro-Nickel Price in Vietnam (CIF) - 2022
The average ferro-alloys; ferro-nickel import price stood at $3,449 per ton in 2022, remaining stable against the previous year. Overall, the import price showed a abrupt curtailment. The pace of growth was the most pronounced in 2018 an increase of 31% against the previous year. The import price peaked at $6,267 per ton in 2013; however, from 2014 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 Japan ($16,644 per ton), while the price for Australia ($927 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+15.7%), while the prices for the other major suppliers experienced a decline.
Ferro-Alloys; Ferro-Nickel Price in Vietnam (FOB) - 2022
The average ferro-alloys; ferro-nickel export price stood at $5,171 per ton in 2022, approximately reflecting the previous year. In general, the export price, however, showed a relatively flat trend pattern. The export price peaked at $5,516 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($6,092 per ton), while the average price for exports to Hong Kong SAR ($1,101 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-11.0%).
Ferro-Alloys; Ferro-Nickel Imports in Vietnam
In 2022, the amount of ferro-alloys; ferro-nickels imported into Vietnam reduced modestly to 32 tons, approximately mirroring 2021. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 1.7% against the previous year.
In value terms, ferro-alloys; ferro-nickel imports reduced slightly to $112K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 1.7%.
| Import of Ferro-Alloys; Ferro-Nickel in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 75.1 | 63.0 | 94.2 | 94.9 | 8.1% |
| Norway | 13.1 | 10.6 | 6.0 | 4.8 | -28.4% |
| Australia | 8.9 | 7.9 | 4.9 | 4.3 | -21.5% |
| Others | 17.5 | 29.2 | 7.7 | 7.7 | -23.9% |
| Total | 115 | 111 | 113 | 112 | -0.9% |
Top Suppliers of Ferro-Alloys; Ferro-Nickel to Vietnam in 2022:
- Taiwan (Chinese) (25.1 tons)
- Australia (4.7 tons)
- Norway (2.2 tons)
Ferro-Alloys; Ferro-Nickel Exports in Vietnam
In 2022, ferro-alloys; ferro-nickel exports from Vietnam declined sharply to 210 tons, with a decrease of -50% compared with 2021 figures. In general, exports saw a dramatic slump.
In value terms, ferro-alloys; ferro-nickel exports fell significantly to $1.1M in 2022. Overall, exports saw a precipitous curtailment.
| Export of Ferro-Alloys; Ferro-Nickel in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| South Korea | N/A | 1,023 | 0% | ||
| China | 2,171 | 37.2 | -98.3% | ||
| Hong Kong SAR | N/A | 25.0 | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 2,171 | 1,086 | -50.0% | ||
Top Export Markets for Ferro-Alloys; Ferro-Nickel from Vietnam in 2022:
- South Korea (168.0 tons)
- Hong Kong SAR (22.7 tons)
- China (19.2 tons)
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