Ferro-Alloys; Ferro-Vanadium Price in Uzbekistan - 2022
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Uzbekistan (CIF) - 2022
- Ferro-Alloys; Ferro-Vanadium Imports in Uzbekistan
Ferro-Alloys; Ferro-Vanadium Price in Uzbekistan (CIF) - 2022
In 2022, the average ferro-alloys; ferro-vanadium import price amounted to $24,388 per ton, picking up by 75% against the previous year. In general, the import price, however, showed a abrupt slump. The import price peaked at $39,847 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
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 Russia ($41,214 per ton), while the price for Belarus amounted to $16,984 per ton.
From 2018 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+0.8%).
Ferro-Alloys; Ferro-Vanadium Imports in Uzbekistan
Ferro-alloys; ferro-vanadium imports into Uzbekistan soared to 720 kg in 2022, picking up by 476% against 2021 figures. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-vanadium imports skyrocketed to $18K in 2022. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Ferro-Alloys; Ferro-Vanadium in Uzbekistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Russia | 3.5 | 1.7 | 9.1 | 61.2% | |
Belarus | N/A | N/A | 8.5 | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 3.5 | 1.7 | 17.6 | 124.2% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Uzbekistan in 2022:
- Belarus (500.0 kg)
- Russia (220.0 kg)
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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.
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.
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.
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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