Ferro-Alloys; Ferro-Niobium Price in Mexico - 2023
Contents:
- Ferro-Alloys; Ferro-Niobium Price in Mexico (CIF) - 2023
- Ferro-Alloys; Ferro-Niobium Imports in Mexico
Ferro-Alloys; Ferro-Niobium Price in Mexico (CIF) - 2023
In May 2023, the average ferro-alloys; ferro-niobium import price amounted to $23,013 per ton, standing approximately at the previous month. In general, the import price continues to indicate a noticeable slump. The pace of growth was the most pronounced in February 2023 an increase of 27% m-o-m. As a result, import price reached the peak level of $38,390 per ton. From March 2023 to May 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Brazil ($40,991 per ton), while the price for Canada amounted to $13,155 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Brazil (+2.0%).
Ferro-Alloys; Ferro-Niobium Imports in Mexico
Ferro-alloys; ferro-niobium imports into Mexico declined to 666 tons in 2022, shrinking by -1.6% compared with 2021 figures. In general, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 104%.
In value terms, ferro-alloys; ferro-niobium imports expanded rapidly to $22M in 2022. Over the period under review, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 112% against the previous year.
| Import of Ferro-Alloys; Ferro-Niobium in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 31.5 | 6.4 | 16.4 | 15.5 | -21.1% |
| Canada | N/A | 3.4 | 4.2 | 6.5 | 38.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 31.5 | 9.7 | 20.6 | 22.0 | -11.3% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to Mexico in 2022:
- Brazil (451.4 tons)
- Canada (214.2 tons)
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This report provides an in-depth analysis of the ferro-alloys market in Mexico.
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This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Mexico.
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This report provides an in-depth analysis of the ferro-chromium market in Mexico.
580
This report provides an in-depth analysis of the ferro-silicon market in Mexico.
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This report provides an in-depth analysis of the ferro-manganese market in Mexico.
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This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Mexico.
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This report provides an in-depth analysis of the ferro-silico-manganese market in Mexico.
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This report provides an in-depth analysis of the ferro-molybdenum market in Mexico.
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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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In December 2022, the ferro-silicon price CIF (Cost, Insurance, and Freight) to Mexico was $2,291 per ton, a 3.5% increase from the previous month.
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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.
