Price for Carbides, Whether or Not Chemically Defined in the UK - 2023

Contents:

  1. Price for Carbides, Whether or Not Chemically Defined in the UK (CIF) - 2022
  2. Price for Carbides, Whether or Not Chemically Defined in the UK (FOB) - 2022
  3. Imports of Carbides, Whether or Not Chemically Defined in the UK
  4. Exports of Carbides, Whether or Not Chemically Defined in the UK

Price for Carbides, Whether or Not Chemically Defined in the UK (CIF) - 2022

In 2022, the average import price for carbides, whether or not chemically defineds amounted to $2,039 per ton, falling by -20.4% against the previous year. In general, the import price faced a deep reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 64% against the previous year. As a result, import price attained the peak level of $7,391 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,764 per ton), while the price for South Africa ($872 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbides, Whether or Not Chemically Defined in the UK (FOB) - 2022

The average export price for carbides, whether or not chemically defineds stood at $8,669 per ton in 2022, which is down by -17.9% against the previous year. In general, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 68%. Over the period under review, the average export prices attained the peak figure at $18,781 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($18,861 per ton), while the average price for exports to Ireland ($2,852 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 France (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carbides, Whether or Not Chemically Defined in the UK

Imports of carbides, whether or not chemically defineds into the UK skyrocketed to 15K tons in 2022, picking up by 141% on the previous year's figure. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of carbides, whether or not chemically defineds skyrocketed to $31M in 2022. Over the period under review, imports, however, recorded a noticeable setback.

Import of Carbides, Whether or Not Chemically Defined in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa1.20.90.96.171.9%
Germany9.26.94.34.8-19.5%
China1.51.81.73.836.3%
Sweden0.3N/A0.43.1117.8%
Brazil1.81.20.92.410.1%
Norway1.81.42.32.03.6%
Spain0.41.41.61.658.7%
Belgium0.50.20.61.337.5%
India0.30.30.41.154.2%
MexicoN/AN/A0.40.9125.0%
Austria13.70.10.30.4-69.2%
VietnamN/A0.20.10.441.4%
Russia0.30.10.10.1-30.7%
Others4.52.92.23.2-10.7%
Total35.617.516.231.2-4.3%

Top Suppliers of Carbides, Whether or Not Chemically Defined to the UK in 2022:

  1. South Africa (7.0K tons)
  2. China (2.1K tons)
  3. Brazil (1.4K tons)
  4. Spain (1.0K tons)
  5. Belgium (0.7K tons)
  6. Norway (0.6K tons)
  7. Germany (0.5K tons)
  8. India (0.4K tons)
  9. Sweden (0.4K tons)
  10. Mexico (0.3K tons)
  11. Vietnam (0.2K tons)
  12. Russia (0.1K tons)

Exports of Carbides, Whether or Not Chemically Defined in the UK

In 2022, overseas shipments of carbides, whether or not chemically defineds were finally on the rise to reach 562 tons after two years of decline. Overall, exports, however, saw a drastic downturn.

In value terms, exports of carbides, whether or not chemically defineds surged to $4.9M in 2022. In general, exports, however, faced a precipitous decrease.

Export of Carbides, Whether or Not Chemically Defined in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway50.3110158565124.0%
Germany413426313385-2.3%
United States694235292363-19.4%
Egypt1481.483.627422.8%
Ireland85.110486.725243.6%
Poland63.944.117824356.1%
Saudi Arabia2011431912426.4%
Belgium23420694.7195-5.9%
Italy2,6471,42585.7173-59.7%
France89166.1219158-43.8%
Sweden2,98142.068.367.0-71.8%
Tanzania49.270.054.4N/A5.2%
Others2,1711,1431,5371,957-3.4%
Total10,6294,0173,3624,874-22.9%

Top Export Markets for Carbides, Whether or Not Chemically Defined from the UK in 2022:

  1. Norway (102.2 tons)
  2. Ireland (88.4 tons)
  3. Germany (79.8 tons)
  4. Egypt (68.7 tons)
  5. Poland (54.6 tons)
  6. Belgium (48.3 tons)
  7. France (19.0 tons)
  8. Saudi Arabia (12.8 tons)
  9. Sweden (10.9 tons)
  10. Italy (9.7 tons)
  11. United States (7.2 tons)

Source: IndexBox Market Intelligence Platform

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