Ferro-Alloys; Ferro-Niobium Price in Oman - 2021
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Ferro-Alloys; Ferro-Niobium Price in Oman (CIF) - 2022
The average ferro-alloys; ferro-niobium import price stood at $31,408 per ton in 2022, leveling off at the previous year. Over the period under review, the import price saw a pronounced increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 483% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Singapore.
From 2014 to 2022, the rate of growth in terms of prices for Singapore amounted to +2.8% per year.
Ferro-Alloys; Ferro-Niobium Imports in Oman
In 2022, the amount of ferro-alloys; ferro-niobia imported into Oman shrank sharply to 75 tons, declining by -50% compared with 2021. In general, imports faced a sharp decrease.
In value terms, ferro-alloys; ferro-niobium imports reduced notably to $2.4M in 2022. Overall, imports continue to indicate a dramatic shrinkage.
Import of Ferro-Alloys; Ferro-Niobium in Oman (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Singapore | 1.0 | 1.2 | 20.0% | ||
China | 2.8 | N/A | 0% | ||
Others | 1.0 | 1.2 | 20.0% | ||
Total | 4.7 | 2.4 | -48.9% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to Oman in 2022:
- Singapore (37.5 tons)
This report provides an in-depth analysis of the ferro-alloys market in Oman.
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Oman.
This report provides an in-depth analysis of the ferro-chromium market in Oman.
This report provides an in-depth analysis of the ferro-silicon market in Oman.
This report provides an in-depth analysis of the ferro-manganese market in Oman.
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Oman.
This report provides an in-depth analysis of the ferro-silico-manganese market in Oman.
This report provides an in-depth analysis of the ferro-molybdenum market in Oman.
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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