Ferro-Alloys; Ferro-Silico-Chromium Price in Thailand - 2023

Contents:

  1. Ferro-Alloys; Ferro-Silico-Chromium Price in Thailand (CIF) - 2022
  2. Ferro-Alloys; Ferro-Silico-Chromium Imports in Thailand

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

In 2022, the average ferro-alloys; ferro-silico-chromium import price amounted to $2,513 per ton, waning by -31.9% against the previous year. In general, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by 131%. Over the period under review, average import prices attained the peak figure at $165,250 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -30.3% per year.

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

In 2022, approx. 828 kg of ferro-alloys; ferro-silico-chromia were imported into Thailand; with an increase of 14% on the year before. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 78%. As a result, imports reached the peak of 930 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ferro-alloys; ferro-silico-chromium imports dropped notably to $2.1K in 2022. Overall, imports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 81% against the previous year.

Import of Ferro-Alloys; Ferro-Silico-Chromium in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom3.90.92.52.1-18.6%
MyanmarN/A0.6N/AN/A0%
ChinaN/AN/A0.2N/A0%
OthersN/AN/AN/AN/A0%
Total3.91.52.72.1-18.6%

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

  1. United Kingdom (828.0 kg)

Source: IndexBox Market Intelligence Platform

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