Ferro-Alloys; Ferro-Nickel Price in Myanmar - 2022
Contents:
- Ferro-Alloys; Ferro-Nickel Price in Myanmar (FOB) - 2022
- Ferro-Alloys; Ferro-Nickel Exports in Myanmar
Ferro-Alloys; Ferro-Nickel Price in Myanmar (FOB) - 2022
In August 2022, the average ferro-alloys; ferro-nickel export price amounted to $5,464 per ton, remaining relatively unchanged against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2022 an increase of 22% m-o-m. As a result, the export price reached the peak level of $6,656 per ton. From May 2022 to August 2022, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From August 2021 to August 2022, the rate of growth in terms of prices for China amounted to +0.3% per month.
Ferro-Alloys; Ferro-Nickel Exports in Myanmar
In 2022, overseas shipments of ferro-alloys; ferro-nickels decreased by -64.6% to 23K tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2020 when exports increased by 73% against the previous year. As a result, the exports reached the peak of 82K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, ferro-alloys; ferro-nickel exports shrank sharply to $136M in 2022. Overall, exports saw a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. As a result, the exports reached the peak of $325M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Ferro-Alloys; Ferro-Nickel in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 219 | 325 | 272 | 136 | -14.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 219 | 325 | 272 | 136 | -14.7% |
Top Export Markets for Ferro-Alloys; Ferro-Nickel from Myanmar in 2022:
- China (22.8K tons)
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This report provides an in-depth analysis of the ferro-alloys market in Myanmar.
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This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Myanmar.
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This report provides an in-depth analysis of the ferro-chromium market in Myanmar.
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This report provides an in-depth analysis of the ferro-silicon market in Myanmar.
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This report provides an in-depth analysis of the ferro-manganese market in Myanmar.
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This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Myanmar.
718
This report provides an in-depth analysis of the ferro-silico-manganese market in Myanmar.
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This report provides an in-depth analysis of the ferro-molybdenum market in Myanmar.
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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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Discover the top import markets for Ferro-Chromium and their impact on the global market. Learn about the key players driving demand for this essential alloy.
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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.
