Ferro-Alloys; Ferro-Niobium Price in Chile - 2023
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Ferro-Alloys; Ferro-Niobium Price in Chile (CIF) - 2022
The average ferro-alloys; ferro-niobium import price stood at $41,451 per ton in 2022, increasing by 48% against the previous year. In general, the import price saw a pronounced increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($49,095 per ton), while the price for India ($8,697 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Ferro-Alloys; Ferro-Niobium Imports in Chile
In 2022, ferro-alloys; ferro-niobium imports into Chile skyrocketed to 14 tons, with an increase of 157% against the previous year's figure. Overall, imports posted strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-niobium imports surged to $597K in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Ferro-Alloys; Ferro-Niobium in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 106 | N/A | 48.6 | 225 | 28.5% |
Canada | 46.6 | N/A | 72.8 | 205 | 63.9% |
Mexico | 130 | N/A | 28.4 | 144 | 3.5% |
United States | 25.6 | N/A | 5.8 | 20.0 | -7.9% |
India | 3.7 | N/A | 0.9 | 2.1 | -17.2% |
Others | 1.1 | N/A | N/A | N/A | 0% |
Total | 313 | N/A | 157 | 597 | 24.0% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to Chile in 2022:
- Brazil (5.9 tons)
- Canada (4.8 tons)
- Mexico (2.9 tons)
- United States (0.5 tons)
- India (0.2 tons)
This report provides an in-depth analysis of the ferro-alloys market in Chile.
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Chile.
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This report provides an in-depth analysis of the global ferro-alloys market.
This report provides an in-depth analysis of the global miscellaneous ferro-alloys market.
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.
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.
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.
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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