Ferro-Alloys; Ferro-Niobium Price in Hong Kong SAR - 2023
Contents:
- Ferro-Alloys; Ferro-Niobium Price in Hong Kong SAR (FOB) - 2022
- Ferro-Alloys; Ferro-Niobium Price in Hong Kong SAR (CIF) - 2022
- Ferro-Alloys; Ferro-Niobium Exports in Hong Kong SAR
- Ferro-Alloys; Ferro-Niobium Imports in Hong Kong SAR
Ferro-Alloys; Ferro-Niobium Price in Hong Kong SAR (FOB) - 2022
In 2022, the average ferro-alloys; ferro-niobium export price amounted to $14,111 per ton, which is down by -8.4% against the previous year. In general, the export price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 an increase of 17%. The export price peaked at $313,190 per ton in 2014; however, from 2015 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 India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +3.5% per year.
Ferro-Alloys; Ferro-Niobium Price in Hong Kong SAR (CIF) - 2022
The average ferro-alloys; ferro-niobium import price stood at $23,600 per ton in 2022, rising by 108% against the previous year. Overall, the import price saw significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2020 to 2022, the rate of growth in terms of prices for Brazil amounted to +44.1% per year.
Ferro-Alloys; Ferro-Niobium Exports in Hong Kong SAR
In 2022, the amount of ferro-alloys; ferro-niobia exported from Hong Kong SAR surged to 39 tons, growing by 19% compared with 2021 figures. Overall, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 123% against the previous year. As a result, the exports reached the peak of 45 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, ferro-alloys; ferro-niobium exports stood at $547K in 2022. The total export value increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 44%. As a result, the exports reached the peak of $592K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Ferro-Alloys; Ferro-Niobium in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 592 | 490 | 547 | -3.9% |
| China | 411 | N/A | 11.7 | N/A | -83.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 411 | 592 | 501 | 547 | 10.0% |
Top Export Markets for Ferro-Alloys; Ferro-Niobium from Hong Kong SAR in 2022:
- India (38.7 tons)
Ferro-Alloys; Ferro-Niobium Imports in Hong Kong SAR
In 2022, ferro-alloys; ferro-niobium imports into Hong Kong SAR surged to 1.3K tons, jumping by 13,100% compared with the previous year's figure. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-niobium imports soared to $31M in 2022. Over the period under review, imports saw a significant 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 Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Brazil | 0.2 | 0.1 | 31.2 | 1149.0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 0.2 | 0.1 | 31.2 | 1149.0% | |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to Hong Kong SAR in 2022:
- Brazil (1.3K tons)
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This report provides an in-depth analysis of the ferro-alloys market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the ferro-chromium market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the ferro-silicon market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the ferro-manganese market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the ferro-silico-manganese market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the ferro-molybdenum market in Hong Kong SAR, China.
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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.
