China - Ferro-Alloys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Alloys Price in China Bottoms at $2,055 per Ton After Three Consecutive Months of Decline
China Ferro-Alloys Import Price in September 2022
In September 2022, the ferro-alloys price stood at $2,055 per ton (CIF, China), falling by -9.2% against the previous month. Over the period under review, the import price showed a pronounced setback. The growth pace was the most rapid in May 2022 an increase of 6.6% month-to-month. The import price peaked at $2,879 per ton in June 2022; however, from July 2022 to September 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was New Caledonia ($4,132 per ton), while the price for South Africa ($1,132 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-1.7%), while the prices for the other major suppliers experienced a decline.
China Ferro-Alloys Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In December 2021, the product with the highest price was miscellaneous ferro-alloys ($125 per kg), while the price for ferro-silicon ($808 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by miscellaneous ferro-alloys (+41.6%), while the prices for the other products experienced more modest paces of growth.
China Ferro-Alloys Imports
In September 2022, ferro-alloys imports into China reached 889K tons, surging by 1.9% compared with August 2022 figures. In general, total imports indicated resilient growth from January 2022 to September 2022: its volume increased at an average monthly rate of +5.3% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, imports increased by +53.5% against June 2022 indices. The most prominent rate of growth was recorded in March 2022 with an increase of 34% month-to-month. Imports peaked in September 2022.
In value terms, ferro-alloys imports contracted to $1.8B (IndexBox estimates) in September 2022. The total import value increased at an average monthly rate of +2.5% over the period from January 2022 to September 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth appeared the most rapid in March 2022 when imports increased by 40% m-o-m. Imports peaked at 2M tons in August 2022, and then reduced in the following month.
China Ferro-Alloys Imports by Type
In December 2021, ferro-chromium (198K tons) constituted the largest type of ferro-alloys supplied to China, accounting for a 88% share of total imports. Moreover, ferro-chromium exceeded the figures recorded for the second-largest type, ferro-silicon (16K tons), more than tenfold. The third position in this ranking was taken by miscellaneous ferro-alloys (8.6K tons), with a 3.8% share.
From January 2021 to December 2021, the average monthly rate of growth in terms of the volume of import of ferro-chromium stood at -4.6%. With regard to the other supplied products, the following average monthly rates of growth were recorded: ferro-silicon (+37.4% per month) and miscellaneous ferro-alloys (-28.8% per month).
In value terms, miscellaneous ferro-alloys ($1.1B) constituted the largest type of ferro-alloys supplied to China, comprising 77% of total imports. The second position in the ranking was taken by ferro-chromium ($309M), with a 22% share of total imports. It was followed by ferro-silicon, with a 0.9% share.
China Ferro-Alloys Imports by Country
In September 2022, Indonesia (607K tons) constituted the largest ferro-alloys supplier to China, with a 68% share of total imports. Moreover, ferro-alloys imports from Indonesia exceeded the figures recorded by the second-largest supplier, South Africa (154K tons), fourfold. Kazakhstan (32K tons) ranked third in terms of total imports with a 3.6% share.
From January 2022 to September 2022, the average monthly growth rate of volume from Indonesia amounted to +7.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: South Africa (+12.2% per month) and Kazakhstan (+7.0% per month).
In value terms, Indonesia ($1.3B) constituted the largest supplier of ferro-alloys to China, comprising 70% of total imports. The second position in the ranking was taken by South Africa ($175M), with a 9.6% share of total imports. It was followed by New Caledonia, with a 3.3% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of value from Indonesia totaled +5.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: South Africa (+9.0% per month) and New Caledonia (-3.8% per month).
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This report provides an in-depth analysis of the ferro-alloys market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
