Ferro-Alloys; Ferro-Niobium Price in Indonesia - 2022

Contents:

  1. Ferro-Alloys; Ferro-Niobium Price in Indonesia (CIF) - 2022
  2. Ferro-Alloys; Ferro-Niobium Imports in Indonesia

Ferro-Alloys; Ferro-Niobium Price in Indonesia (CIF) - 2022

The average ferro-alloys; ferro-niobium import price stood at $26,371 per ton in March 2022, remaining relatively unchanged against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in June 2021 when the average import price increased by 571% month-to-month. The import price peaked at $26,553 per ton in November 2021; however, from December 2021 to March 2022, import prices remained at a lower figure.

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

From March 2021 to March 2022, the rate of growth in terms of prices for Brazil amounted to +0.8% per month.

Ferro-Alloys; Ferro-Niobium Imports in Indonesia

In 2022, approx. 269 tons of ferro-alloys; ferro-niobia were imported into Indonesia; with a decrease of -3% against the previous year's figure. In general, imports recorded a noticeable reduction. The pace of growth appeared the most rapid in 2021 with an increase of 6.5% against the previous year.

In value terms, ferro-alloys; ferro-niobium imports reduced to $6.5M in 2022. Over the period under review, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 9.1%.

Import of Ferro-Alloys; Ferro-Niobium in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil3.63.43.33.2-3.9%
Singapore3.52.53.33.2-2.9%
Others0.20.30.10.1-20.6%
Total7.36.26.76.5-3.8%

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

  1. Brazil (131.5 tons)
  2. Singapore (131.2 tons)

Source: IndexBox Market Intelligence Platform

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