Ferro-Alloys; Ferro-Niobium Price in Thailand - 2023
Contents:
- Ferro-Alloys; Ferro-Niobium Price in Thailand (CIF) - 2022
- Ferro-Alloys; Ferro-Niobium Imports in Thailand
Ferro-Alloys; Ferro-Niobium Price in Thailand (CIF) - 2022
In 2022, the average ferro-alloys; ferro-niobium import price amounted to $13,264 per ton, dropping by -2.7% against the previous year. In general, the import price showed a abrupt shrinkage. The growth pace was the most rapid in 2015 an increase of 39%. As a result, import price attained the peak level of $45,533 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($52,539 per ton), while the price for China ($5,289 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Ferro-Alloys; Ferro-Niobium Imports in Thailand
In 2022, ferro-alloys; ferro-niobium imports into Thailand rose remarkably to 64 tons, with an increase of 7.9% compared with the year before. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.5% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 61%. As a result, imports reached the peak of 73 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, ferro-alloys; ferro-niobium imports expanded modestly to $852K in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 42% against the previous year. As a result, imports reached the peak of $952K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Ferro-Alloys; Ferro-Niobium in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 378 | 497 | 408 | 357 | -1.9% |
China | 93.0 | 202 | 190 | 266 | 41.9% |
Japan | 193 | 166 | 167 | 82.5 | -24.7% |
Canada | N/A | N/A | 23.5 | 60.0 | 155.3% |
Taiwan (Chinese) | N/A | N/A | 6.7 | 47.9 | 614.9% |
United Kingdom | 8.7 | 87.0 | 7.7 | 38.6 | 64.3% |
Others | N/A | N/A | 9.2 | N/A | 0% |
Total | 672 | 952 | 812 | 852 | 8.2% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to Thailand in 2022:
- China (50.3 tons)
- Brazil (6.8 tons)
- Japan (3.0 tons)
- Canada (2.0 tons)
- Taiwan (Chinese) (1.1 tons)
- United Kingdom (1.0 tons)
This report provides an in-depth analysis of the ferro-alloys market in Thailand.
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Thailand.
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This report provides an in-depth analysis of the global 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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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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