Ferro-Alloys; Ferro-Niobium Price in Egypt - 2023
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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) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Brazil | 195 | 822 | 1,334 | 161.6% | |
Canada | 605 | 252 | 346 | -24.4% | |
Others | 8.7 | 22.1 | N/A | 154.0% | |
Total | 809 | 1,096 | 1,680 | 44.1% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to Egypt in 2022:
- Brazil (20.4 tons)
- Canada (5.3 tons)
This report provides an in-depth analysis of the ferro-alloys market in Egypt.
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Egypt.
This report provides an in-depth analysis of the ferro-chromium market in Egypt.
This report provides an in-depth analysis of the ferro-silicon market in Egypt.
This report provides an in-depth analysis of the ferro-manganese market in Egypt.
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Egypt.
This report provides an in-depth analysis of the ferro-silico-manganese market in Egypt.
This report provides an in-depth analysis of the ferro-molybdenum market in Egypt.
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.
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
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