Ferro-Alloys; Ferro-Nickel Price in Colombia - 2022
Contents:
- Ferro-Alloys; Ferro-Nickel Price in Colombia (FOB) - 2022
- Ferro-Alloys; Ferro-Nickel Exports in Colombia
Ferro-Alloys; Ferro-Nickel Price in Colombia (FOB) - 2022
In February 2022, the average ferro-alloys; ferro-nickel export price amounted to $5,554 per ton, approximately reflecting the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in March 2021 when the average export price increased by 18% against the previous month. The export price peaked at $5,557 per ton in January 2022, and then declined slightly in the following month.
Average prices varied somewhat for the major overseas markets. In February 2022, the countries with the highest prices were Taiwan (Chinese) ($6,058 per ton) and South Korea ($5,668 per ton), while the average price for exports to Germany ($4,682 per ton) and the United States ($5,302 per ton) were amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Alloys; Ferro-Nickel Exports in Colombia
In 2022, the amount of ferro-alloys; ferro-nickels exported from Colombia declined to 123K tons, with a decrease of -4.2% against 2021. Over the period under review, exports recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 9.1%.
In value terms, ferro-alloys; ferro-nickel exports reduced slightly to $476M in 2022. Overall, exports showed a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 10% against the previous year.
| Export of Ferro-Alloys; Ferro-Nickel in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 311 | 224 | 180 | 150 | -21.6% |
| South Korea | 19.2 | 17.6 | 33.6 | 33.6 | 20.5% |
| Italy | 7.6 | 4.1 | 21.6 | 23.1 | 44.9% |
| Japan | 26.1 | 19.2 | 18.0 | 20.0 | -8.5% |
| United States | 1.0 | 2.1 | 14.3 | 19.9 | 171.0% |
| Germany | 22.0 | 27.8 | 27.7 | 19.4 | -4.1% |
| Netherlands | 19.3 | 23.0 | 28.1 | 16.8 | -4.5% |
| Hong Kong SAR | 27.9 | 18.6 | 15.7 | 13.1 | -22.3% |
| Belgium | 0.3 | 2.3 | 3.6 | 11.1 | 233.2% |
| Taiwan (Chinese) | 16.8 | 9.4 | 12.3 | 8.6 | -20.0% |
| Singapore | 13.4 | 1.3 | 12.0 | 8.4 | -14.4% |
| Others | 80.7 | 103 | 132 | 152 | 23.5% |
| Total | 545 | 453 | 499 | 476 | -4.4% |
Top Export Markets for Ferro-Alloys; Ferro-Nickel from Colombia in 2022:
- China (48.6K tons)
- South Korea (6.4K tons)
- Germany (6.2K tons)
- United States (6.1K tons)
- Hong Kong SAR (4.4K tons)
- Italy (4.1K tons)
- Japan (4.1K tons)
- Netherlands (3.1K tons)
- Singapore (2.9K tons)
- Taiwan (Chinese) (2.3K tons)
- Belgium (2.0K tons)
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This report provides an in-depth analysis of the ferro-alloys market in Colombia.
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This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Colombia.
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This report provides an in-depth analysis of the ferro-chromium market in Colombia.
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This report provides an in-depth analysis of the ferro-silicon market in Colombia.
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This report provides an in-depth analysis of the ferro-manganese market in Colombia.
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This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Colombia.
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This report provides an in-depth analysis of the ferro-silico-manganese market in Colombia.
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This report provides an in-depth analysis of the ferro-molybdenum market in Colombia.
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This report provides an in-depth analysis of the global ferro-alloys market.
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This report provides an in-depth analysis of the global miscellaneous ferro-alloys market.
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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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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.
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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.
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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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Explore the top import markets for ferro-silicon and delve into the key statistics and numbers behind these markets. Learn about the demand drivers and trends in these key markets.
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Ferrosilicon consumption is expected to continue rising due to the further growth of solar energy.
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Discover the leading countries for importing Ferro-Silico-Manganese and the key factors driving their demand. Learn about the global market trends and statistics.
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Explore the top import markets for Ferro-Molybdenum in the world, including key statistics on import values and market insights.
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In value terms, ferro-chromium exports totaled $9B in 2018. Over the period under review, the total exports indicated a tangible increase from 2007 to 2018: its value increased at an average annual rate of +1.2% over the last eleven years.
