Ferro-Alloys; Ferro-Niobium Price in Australia - 2023
Contents:
- Ferro-Alloys; Ferro-Niobium Price in Australia (CIF) - 2022
- Ferro-Alloys; Ferro-Niobium Price in Australia (FOB) - 2022
- Ferro-Alloys; Ferro-Niobium Imports in Australia
- Ferro-Alloys; Ferro-Niobium Exports in Australia
Ferro-Alloys; Ferro-Niobium Price in Australia (CIF) - 2022
In 2022, the average ferro-alloys; ferro-niobium import price amounted to $34,373 per ton, surging by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($39,308 per ton), while the price for Singapore ($26,436 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Ferro-Alloys; Ferro-Niobium Price in Australia (FOB) - 2022
In 2022, the average ferro-alloys; ferro-niobium export price amounted to $4,000 per ton, which is down by -70% against the previous year. Overall, the export price recorded a sharp setback. The pace of growth was the most pronounced in 2021 an increase of 20%. The export price peaked at $48,509 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +56.3% per year.
Ferro-Alloys; Ferro-Niobium Imports in Australia
Ferro-alloys; ferro-niobium imports into Australia soared to 139 tons in 2022, increasing by 23% on 2021 figures. The total import volume increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-niobium imports soared to $4.8M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Ferro-Alloys; Ferro-Niobium in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 2.6 | 2.8 | 2.7 | 3.0 | 4.9% |
Canada | 0.3 | 0.3 | 0.2 | 1.2 | 58.7% |
Singapore | N/A | 0.5 | 0.2 | 0.5 | 0.0% |
Others | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
Total | 2.9 | 3.7 | 3.3 | 4.8 | 18.3% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to Australia in 2022:
- Brazil (76.5 tons)
- Canada (40.3 tons)
- Singapore (20.0 tons)
Ferro-Alloys; Ferro-Niobium Exports in Australia
Ferro-alloys; ferro-niobium exports from Australia skyrocketed to 800 kg in 2022, with an increase of 186% on 2021 figures. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-niobium exports contracted to $3.2K in 2022. In general, exports, however, continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 205% against the previous year.
Export of Ferro-Alloys; Ferro-Niobium in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | N/A | N/A | N/A | 3.2 | 0% |
New Zealand | 4.9 | N/A | 3.7 | N/A | -13.1% |
Malaysia | 1.3 | 1.2 | 0.1 | N/A | -72.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 6.2 | 1.2 | 3.7 | 3.2 | -19.8% |
Top Export Markets for Ferro-Alloys; Ferro-Niobium from Australia in 2022:
- Brazil (800.0 kg)
This report provides an in-depth analysis of the ferro-alloys market in Australia.
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Australia.
This report provides an in-depth analysis of the ferro-chromium market in Australia.
This report provides an in-depth analysis of the ferro-silicon market in Australia.
This report provides an in-depth analysis of the ferro-manganese market in Australia.
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Australia.
This report provides an in-depth analysis of the ferro-silico-manganese market in Australia.
This report provides an in-depth analysis of the ferro-molybdenum market in Australia.
This report provides an in-depth analysis of the global ferro-alloys market.
This report provides an in-depth analysis of the global miscellaneous ferro-alloys market.
The rate of expansion was highest in February 2023, with imports of Ferro-Manganese increasing by 266% compared to the previous month. In terms of value, the imports of Ferro-Manganese sharply declined to $525K in September 2023.
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.
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.
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.
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
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.
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.
Ferrosilicon consumption is expected to continue rising due to the further growth of solar energy.
Discover the leading countries for importing Ferro-Silico-Manganese and the key factors driving their demand. Learn about the global market trends and statistics.
Explore the top import markets for Ferro-Molybdenum in the world, including key statistics on import values and market insights.