Ferro-Alloys; Ferro-Vanadium Price in Pakistan - 2023

Contents:

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

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

The average ferro-alloys; ferro-vanadium import price stood at $953 per ton in 2022, picking up by 3.2% against the previous year. In general, the import price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 238%. Over the period under review, average import prices hit record highs at $4,045 per ton in 2012; however, from 2013 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 United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +38.9% per year.

Ferro-Alloys; Ferro-Vanadium Imports in Pakistan

Ferro-alloys; ferro-vanadium imports into Pakistan shrank remarkably to 14 tons in 2022, which is down by -22.1% compared with the previous year. Overall, imports faced a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 79% against the previous year.

In value terms, ferro-alloys; ferro-vanadium imports contracted rapidly to $13K in 2022. In general, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 65% against the previous year.

Import of Ferro-Alloys; Ferro-Vanadium in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/A3.713.712.986.7%
South KoreaN/AN/A1.1N/A0%
Germany1.62.30.7N/A-33.9%
India20.7N/AN/AN/A0%
AustraliaN/A3.7N/AN/A0%
OthersN/AN/A0.5N/A0%
Total22.39.716.012.9-16.7%

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

  1. United Arab Emirates (13.5 tons)

Source: IndexBox Market Intelligence Platform

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