Ferro-Alloys; Ferro-Niobium Price in Egypt - 2023

Contents:

  1. Ferro-Alloys; Ferro-Niobium Price in Egypt (CIF) - 2023
  2. Ferro-Alloys; Ferro-Niobium Imports in Egypt

Ferro-Alloys; Ferro-Niobium Price in Egypt (CIF) - 2023

The average ferro-alloys; ferro-niobium import price stood at $29,354 per ton in July 2023, stabilizing at the previous month. Over the period under review, the import price, however, enjoyed slight growth. The most prominent rate of growth was recorded in June 2023 an increase of 11% month-to-month. As a result, import price reached the peak level of $29,354 per ton, leveling off in the following month.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From July 2022 to July 2023, the rate of growth in terms of prices for Brazil amounted to +1.2% per month.

Ferro-Alloys; Ferro-Niobium Imports in Egypt

In 2022, the amount of ferro-alloys; ferro-niobia imported into Egypt soared to 26 tons, with an increase of 48% against the previous year's figure. In general, imports, however, continue to indicate a abrupt curtailment.

In value terms, ferro-alloys; ferro-niobium imports surged to $1.7M in 2022. Over the period under review, imports showed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Ferro-Alloys; Ferro-Niobium in Egypt (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Brazil1958221,334161.6%
Canada605252346-24.4%
Others8.722.1N/A154.0%
Total8091,0961,68044.1%

Top Suppliers of Ferro-Alloys; Ferro-Niobium to Egypt in 2022:

  1. Brazil (20.4 tons)
  2. Canada (5.3 tons)

Source: IndexBox Market Intelligence Platform

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