Ferro-Alloys; Ferro-Silico-Chromium Price in Bulgaria - 2022
Contents:
- Ferro-Alloys; Ferro-Silico-Chromium Price in Bulgaria (FOB) - 2022
- Ferro-Alloys; Ferro-Silico-Chromium Exports in Bulgaria
Ferro-Alloys; Ferro-Silico-Chromium Price in Bulgaria (FOB) - 2022
The average ferro-alloys; ferro-silico-chromium export price stood at $2,822 per ton in 2022, with an increase of 36% against the previous year. Overall, export price indicated significant growth from 2021 to 2022: its price increased at an average annual rate of +36.3% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2021 to 2022, the rate of growth in terms of prices for Italy amounted to +36.3% per year.
Ferro-Alloys; Ferro-Silico-Chromium Exports in Bulgaria
In 2022, exports of ferro-alloys; ferro-silico-chromia from Bulgaria skyrocketed to 81 tons, rising by 61% against 2021 figures. In general, total exports indicated a significant increase from 2021 to 2022: its volume increased at an average annual rate of +61.3% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-silico-chromium exports surged to $229K in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ferro-Alloys; Ferro-Silico-Chromium in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Italy | 104 | 229 | 120.2% | ||
| Others | N/A | N/A | 0% | ||
| Total | 104 | 229 | 120.2% | ||
Top Export Markets for Ferro-Alloys; Ferro-Silico-Chromium from Bulgaria in 2022:
- Italy (81.2 tons)
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This report provides an in-depth analysis of the global ferro-alloys market.
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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.
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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.
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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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Explore the top import markets for ferro-silicon and delve into the key statistics and numbers behind these markets. Learn about the demand drivers and trends in these key markets.
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Ferrosilicon consumption is expected to continue rising due to the further growth of solar energy.
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