Ferro-Alloys; Ferro-Silico-Chromium Price in the UK - 2023
Contents:
- Ferro-Alloys; Ferro-Silico-Chromium Price in the UK (FOB) - 2022
- Ferro-Alloys; Ferro-Silico-Chromium Price in the UK (CIF) - 2022
- Ferro-Alloys; Ferro-Silico-Chromium Exports in the UK
- Ferro-Alloys; Ferro-Silico-Chromium Imports in the UK
Ferro-Alloys; Ferro-Silico-Chromium Price in the UK (FOB) - 2022
The average ferro-alloys; ferro-silico-chromium export price stood at $5,912 per ton in 2022, surging by 35% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-alloys; ferro-silico-chromium export price increased by +21.8% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($16,736 per ton), while the average price for exports to Egypt ($3,301 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+44.8%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Alloys; Ferro-Silico-Chromium Price in the UK (CIF) - 2022
The average ferro-alloys; ferro-silico-chromium import price stood at $2,264 per ton in 2022, reducing by -17.1% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 165% against the previous year. As a result, import price reached the peak level of $16,077 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,896 per ton), while the price for Germany totaled $1,314 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%).
Ferro-Alloys; Ferro-Silico-Chromium Exports in the UK
In 2022, exports of ferro-alloys; ferro-silico-chromia from the UK skyrocketed to 88 tons, jumping by 71% against the year before. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-silico-chromium exports skyrocketed to $520K in 2022. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ferro-Alloys; Ferro-Silico-Chromium in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | N/A | 16.9 | 113 | 568.6% |
| France | 75.4 | 81.5 | 68.9 | 87.8 | 5.2% |
| Austria | 14.7 | 12.2 | 13.1 | 82.7 | 77.9% |
| Germany | 28.1 | 38.5 | 17.6 | 40.8 | 13.2% |
| Argentina | N/A | N/A | 14.9 | 32.0 | 114.8% |
| Peru | N/A | N/A | N/A | 31.5 | 0% |
| Saudi Arabia | N/A | N/A | N/A | 27.0 | 0% |
| Netherlands | 15.4 | 10.4 | 12.1 | 23.6 | 15.3% |
| Belgium | 7.1 | 9.6 | 14.9 | 22.6 | 47.1% |
| Hungary | 28.3 | 20.0 | 28.1 | 17.3 | -15.1% |
| Egypt | N/A | 6.0 | 5.2 | 12.2 | 42.6% |
| Sweden | 13.8 | 4.6 | 4.8 | N/A | -41.0% |
| Others | 24.4 | 60.3 | 28.6 | 29.0 | 5.9% |
| Total | 207 | 243 | 225 | 520 | 35.9% |
Top Export Markets for Ferro-Alloys; Ferro-Silico-Chromium from the UK in 2022:
- Brazil (22.6 tons)
- France (13.4 tons)
- Peru (9.0 tons)
- Argentina (9.0 tons)
- Germany (6.8 tons)
- Saudi Arabia (5.5 tons)
- Austria (4.9 tons)
- Egypt (3.7 tons)
- Belgium (3.7 tons)
- Netherlands (3.6 tons)
- Hungary (2.6 tons)
Ferro-Alloys; Ferro-Silico-Chromium Imports in the UK
In 2022, the amount of ferro-alloys; ferro-silico-chromia imported into the UK surged to 63 tons, rising by 439% against the previous year. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-silico-chromium imports surged to $142K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Alloys; Ferro-Silico-Chromium in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 36.5 | 20.5 | 31.7 | 109 | 44.0% |
| Germany | N/A | N/A | N/A | 32.9 | 0% |
| Others | 6.5 | N/A | N/A | N/A | 0% |
| Total | 43.0 | 20.5 | 31.7 | 142 | 48.9% |
Top Suppliers of Ferro-Alloys; Ferro-Silico-Chromium to the UK in 2022:
- China (37.6 tons)
- Germany (25.0 tons)
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