Ferro-Alloys; Ferro-Silico-Chromium Price in South Korea - 2022
Contents:
- Ferro-Alloys; Ferro-Silico-Chromium Price in South Korea (CIF) - 2022
- Ferro-Alloys; Ferro-Silico-Chromium Imports in South Korea
Ferro-Alloys; Ferro-Silico-Chromium Price in South Korea (CIF) - 2022
The average ferro-alloys; ferro-silico-chromium import price stood at $1,666 per ton in 2022, dropping by -2.2% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs at $1,820 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Kazakhstan ($1,750 per ton) and Russia ($1,646 per ton), while the price for China ($1,330 per ton) and Brazil ($1,500 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+0.3%), while the prices for the other major suppliers experienced a decline.
Ferro-Alloys; Ferro-Silico-Chromium Imports in South Korea
Ferro-alloys; ferro-silico-chromium imports into South Korea fell slightly to 7.3K tons in 2022, almost unchanged from the year before. Overall, imports showed a slight shrinkage. The growth pace was the most rapid in 2021 with an increase of 2.4% against the previous year.
In value terms, ferro-alloys; ferro-silico-chromium imports reduced modestly to $12M in 2022. In general, imports saw a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of 7.2%.
| Import of Ferro-Alloys; Ferro-Silico-Chromium in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 8.4 | 1.6 | 6.2 | 5.6 | -12.6% |
| Russia | 3.8 | 7.5 | 4.7 | 5.1 | 10.3% |
| Brazil | 1.0 | 2.3 | 1.3 | 1.1 | 3.2% |
| China | 0.2 | 0.3 | 0.4 | 0.3 | 14.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.3 | 11.7 | 12.5 | 12.1 | -3.1% |
Top Suppliers of Ferro-Alloys; Ferro-Silico-Chromium to South Korea in 2022:
- Kazakhstan (3.2K tons)
- Russia (3.1K tons)
- Brazil (0.8K tons)
- China (0.2K tons)
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This report provides an in-depth analysis of the ferro-alloys market in Republic of Korea.
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This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Republic of Korea.
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This report provides an in-depth analysis of the ferro-chromium market in Republic of Korea.
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This report provides an in-depth analysis of the ferro-silicon market in Republic of Korea.
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This report provides an in-depth analysis of the ferro-manganese market in Republic of Korea.
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This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Republic of Korea.
488
This report provides an in-depth analysis of the ferro-silico-manganese market in Republic of Korea.
542
This report provides an in-depth analysis of the ferro-molybdenum market in Republic of Korea.
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This report provides an in-depth analysis of the global ferro-alloys market.
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This report provides an in-depth analysis of the global miscellaneous 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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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.
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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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Discover the top import markets for Ferro-Chromium and their impact on the global market. Learn about the key players driving demand for this essential alloy.
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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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Discover the leading countries for importing Ferro-Silico-Manganese and the key factors driving their demand. Learn about the global market trends and statistics.
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Explore the top import markets for Ferro-Molybdenum in the world, including key statistics on import values and market insights.
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In value terms, ferro-chromium exports totaled $9B in 2018. Over the period under review, the total exports indicated a tangible increase from 2007 to 2018: its value increased at an average annual rate of +1.2% over the last eleven years.
