Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Brazil - 2023

Contents:

  1. Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Brazil (CIF) - 2022
  2. Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Brazil (FOB) - 2022
  3. Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Brazil
  4. Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Brazil

Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Brazil (CIF) - 2022

In 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price amounted to $32,516 per ton, growing by 29% against the previous year. Overall, the import price, however, showed a noticeable setback. The import price peaked at $41,967 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($32,799 per ton), while the price for China stood at $32,408 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.7%), while the prices for the other major suppliers experienced a decline.

Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Brazil (FOB) - 2022

In 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten export price amounted to $25,228 per ton, picking up by 28% against the previous year. Over the period under review, the export price, however, showed a slight contraction. The growth pace was the most rapid in 2018 an increase of 46%. The export price peaked at $30,059 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +9.6% per year.

Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Brazil

Ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports into Brazil rose sharply to 86 tons in 2022, picking up by 12% on 2021. In general, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 153% against the previous year.

In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports skyrocketed to $2.8M in 2022. Over the period under review, imports, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2021 when imports increased by 145%.

Import of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.30.81.82.0-4.6%
Russia0.7N/AN/A0.84.6%
OthersN/AN/A0.1N/A0%
Total3.10.81.92.8-3.3%

Top Suppliers of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten to Brazil in 2022:

  1. China (62.0 tons)
  2. Russia (23.7 tons)

Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Brazil

In 2022, overseas shipments of ferro-alloys; ferro-tungsten and ferro-silico-tungstens decreased by -67.3% to 20 tons, falling for the second consecutive year after two years of growth. In general, exports saw a significant curtailment. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year. As a result, the exports attained the peak of 66 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten exports contracted remarkably to $505K in 2022. Over the period under review, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 0.8%.

Export of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands35563.1N/A50512.5%
Belgium8671,1391,212N/A18.2%
OthersN/AN/AN/AN/A0%
Total1,2221,2021,212505-25.5%

Top Export Markets for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten from Brazil in 2022:

  1. Netherlands (20.0 tons)

Source: IndexBox Market Intelligence Platform

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