Ferro-Alloys; Ferro-Vanadium Price in Kuwait - 2021

Contents:

  1. Ferro-Alloys; Ferro-Vanadium Price in Kuwait (CIF) - 2022
  2. Ferro-Alloys; Ferro-Vanadium Imports in Kuwait

Ferro-Alloys; Ferro-Vanadium Price in Kuwait (CIF) - 2022

The average ferro-alloys; ferro-vanadium import price stood at $9,938 per ton in 2022, approximately equating the previous year. In general, the import price recorded a sharp contraction. The pace of growth appeared the most rapid in 2017 an increase of 56%. The import price peaked at $3,618,000 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($14,005 per ton), while the price for the United Arab Emirates ($4,674 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (-33.3%), while the prices for the other major suppliers experienced a decline.

Ferro-Alloys; Ferro-Vanadium Imports in Kuwait

In 2022, purchases abroad of ferro-alloys; ferro-vanadia decreased by -50% to 16 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a dramatic shrinkage.

In value terms, ferro-alloys; ferro-vanadium imports declined significantly to $159 in 2022. Overall, imports recorded a precipitous slump.

Import of Ferro-Alloys; Ferro-Vanadium in Kuwait (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India580N/A311155-35.6%
China51.0N/A5.03.0-61.1%
United Arab Emirates5.0N/A2.01.0-41.5%
OthersN/AN/AN/AN/A0%
Total636N/A318159-37.0%

Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Kuwait in 2022:

  1. India (16.0 kg)
  2. United Arab Emirates (1.0 kg)
  3. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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