Ferro-Alloys; Ferro-Vanadium Price in the Philippines - 2023
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in the Philippines (CIF) - 2022
- Ferro-Alloys; Ferro-Vanadium Imports in the Philippines
Ferro-Alloys; Ferro-Vanadium Price in the Philippines (CIF) - 2022
The average ferro-alloys; ferro-vanadium import price stood at $29,659 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price showed notable growth. Over the period under review, average import prices reached the maximum at $43,549 per ton in 2018; however, from 2019 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 Taiwan (Chinese) ($46,242 per ton), while the price for Japan amounted to $25,720 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Alloys; Ferro-Vanadium Imports in the Philippines
In 2022, approx. 495 kg of ferro-alloys; ferro-vanadia were imported into the Philippines; with an increase of 376% against 2021 figures. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-vanadium imports surged to $15K in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Alloys; Ferro-Vanadium in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.7 | N/A | 0.9 | 10.3 | 40.7% |
| Taiwan (Chinese) | N/A | N/A | 0.4 | 4.4 | 1000.0% |
| China | N/A | N/A | 1.8 | N/A | 0% |
| India | 2.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.1 | N/A | 3.1 | 14.7 | 34.1% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to the Philippines in 2022:
- Japan (400.0 kg)
- Taiwan (Chinese) (95.0 kg)
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This report provides an in-depth analysis of the ferro-alloys market in the Philippines.
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This report provides an in-depth analysis of the miscellaneous ferro-alloys market in the Philippines.
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This report provides an in-depth analysis of the ferro-chromium market in the Philippines.
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This report provides an in-depth analysis of the ferro-silicon market in the Philippines.
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This report provides an in-depth analysis of the ferro-manganese market in the Philippines.
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This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in the Philippines.
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This report provides an in-depth analysis of the ferro-silico-manganese market in the Philippines.
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This report provides an in-depth analysis of the ferro-molybdenum market in the Philippines.
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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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Explore the top import markets for miscellaneous ferro-alloys in 2023, including key statistics and insights. Discover the leading countries driving global trade in ferro-alloys.
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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.
