Ferro-Alloys; Ferro-Silico-Chromium Price in Indonesia - 2022

Contents:

  1. Ferro-Alloys; Ferro-Silico-Chromium Price in Indonesia (CIF) - 2022
  2. Ferro-Alloys; Ferro-Silico-Chromium Price in Indonesia (FOB) - 2022
  3. Ferro-Alloys; Ferro-Silico-Chromium Imports in Indonesia
  4. Ferro-Alloys; Ferro-Silico-Chromium Exports in Indonesia

Ferro-Alloys; Ferro-Silico-Chromium Price in Indonesia (CIF) - 2022

The average ferro-alloys; ferro-silico-chromium import price stood at $1,586 per ton in 2022, waning by -4.4% against the previous year. In general, the import price continues to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2019 an increase of 4,367% against the previous year. As a result, import price reached the peak level of $134,000 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($1,583 per ton), while the price for Singapore amounted to $888 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+27.4%), while the prices for the other major suppliers experienced a decline.

Ferro-Alloys; Ferro-Silico-Chromium Price in Indonesia (FOB) - 2022

In 2022, the average ferro-alloys; ferro-silico-chromium export price amounted to $1,000 per ton, falling by -50% against the previous year. In general, the export price faced a sharp decline. The export price peaked at $4,000 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2019 to 2022, the rate of growth in terms of prices for China amounted to 0.0% per year.

Ferro-Alloys; Ferro-Silico-Chromium Imports in Indonesia

In 2022, the amount of ferro-alloys; ferro-silico-chromia imported into Indonesia skyrocketed to 12 tons, jumping by 50% compared with the previous year. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 120,946%. As a result, imports attained the peak of 16 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ferro-alloys; ferro-silico-chromium imports surged to $19K in 2022. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 1,299%. As a result, imports attained the peak of $24K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Ferro-Alloys; Ferro-Silico-Chromium in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South AfricaN/AN/AN/A18.70%
Singapore0.30.53.0N/A216.2%
ThailandN/A18.4N/AN/A0%
Others1.45.510.0N/A167.3%
Total1.724.413.118.7122.4%

Top Suppliers of Ferro-Alloys; Ferro-Silico-Chromium to Indonesia in 2022:

  1. Singapore (undefined tons)
  2. South Africa (11.8 tons)

Ferro-Alloys; Ferro-Silico-Chromium Exports in Indonesia

In 2022, after two years of decline, there was decline in overseas shipments of ferro-alloys; ferro-silico-chromia, when their volume decreased by 0% to 1 kg. Over the period under review, exports continue to indicate a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, ferro-alloys; ferro-silico-chromium exports declined dramatically to $1 in 2022. In general, exports saw a sharp setback.

Export of Ferro-Alloys; Ferro-Silico-Chromium in Indonesia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A1.00%
Singapore4.0N/AN/AN/A0%
OthersN/AN/A2.0N/A0%
Total4.0N/A2.01.0-37.0%

Top Export Markets for Ferro-Alloys; Ferro-Silico-Chromium from Indonesia in 2022:

  1. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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