Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Iran - 2021
Contents:
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Iran (CIF) - 2022
- Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Iran
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Iran (CIF) - 2022
In 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price amounted to $25,086 per ton, reducing by -7.8% against the previous year. In general, the import price showed a slight shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 38% against the previous year. Over the period under review, average import prices reached the peak figure at $34,779 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($27,773 per ton), while the price for Turkey stood at $22,791 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.3%).
Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Iran
In 2022, imports of ferro-alloys; ferro-tungsten and ferro-silico-tungstens into Iran fell to 4.8 tons, waning by -13.2% against 2021. In general, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports shrank sharply to $121K in 2022. Overall, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 67% against the previous year.
Import of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Iran (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 159 | 49.2 | 35.1 | 61.9 | -27.0% |
Turkey | 53.2 | 41.8 | 31.8 | 59.5 | 3.8% |
Netherlands | N/A | N/A | 84.9 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 213 | 91.0 | 152 | 121 | -17.2% |
Top Suppliers of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten to Iran in 2022:
- Turkey (2.6 tons)
- China (2.2 tons)
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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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