Ferro-Alloys; Ferro-Niobium Price in the United Arab Emirates - 2021

Contents:

  1. Ferro-Alloys; Ferro-Niobium Price in the United Arab Emirates (FOB) - 2022
  2. Ferro-Alloys; Ferro-Niobium Price in the United Arab Emirates (CIF) - 2022
  3. Ferro-Alloys; Ferro-Niobium Exports in the United Arab Emirates
  4. Ferro-Alloys; Ferro-Niobium Imports in the United Arab Emirates

Ferro-Alloys; Ferro-Niobium Price in the United Arab Emirates (FOB) - 2022

The average ferro-alloys; ferro-niobium export price stood at $47,453 per ton in 2022, remaining stable against the previous year. Overall, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 94% against the previous year. As a result, the export price attained the peak level of $47,453 per ton; afterwards, it flattened through to 2022.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Azerbaijan ($55,282 per ton) and Brazil ($52,115 per ton), while the average price for exports to China ($45,451 per ton) and Canada ($46,468 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Alloys; Ferro-Niobium Price in the United Arab Emirates (CIF) - 2022

In 2022, the average ferro-alloys; ferro-niobium import price amounted to $25,148 per ton, leveling off at the previous year. Overall, the import price recorded a perceptible increase. The growth pace was the most rapid in 2015 an increase of 59% against the previous year. The import price peaked at $27,340 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($29,240 per ton), while the price for China ($16,911 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Ferro-Alloys; Ferro-Niobium Exports in the United Arab Emirates

In 2022, after two years of decline, there was significant decline in overseas shipments of ferro-alloys; ferro-niobia, when their volume decreased by -50% to 61 tons. Over the period under review, exports continue to indicate a sharp curtailment.

In value terms, ferro-alloys; ferro-niobium exports shrank remarkably to $2.9M in 2022. In general, exports saw a precipitous descent.

Export of Ferro-Alloys; Ferro-Niobium in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada1.0N/A0.11.821.6%
India6.9N/A0.60.6-55.7%
Brazil1.7N/A1.00.3-43.9%
AzerbaijanN/AN/A0.20.20.0%
ChinaN/AN/AN/A0.10%
Tajikistan0.6N/AN/AN/A0%
South KoreaN/AN/A0.9N/A0%
Oman0.2N/A0.3N/A22.5%
NetherlandsN/AN/A2.7N/A0%
Saudi Arabia0.9N/AN/AN/A0%
Others0.2N/AN/AN/A0%
Total11.6N/A5.82.9-37.0%

Top Export Markets for Ferro-Alloys; Ferro-Niobium from the United Arab Emirates in 2022:

  1. Canada (39.1 tons)
  2. India (11.9 tons)
  3. Brazil (5.3 tons)
  4. Azerbaijan (3.0 tons)
  5. China (1.3 tons)

Ferro-Alloys; Ferro-Niobium Imports in the United Arab Emirates

After two years of decline, overseas purchases of ferro-alloys; ferro-niobia decreased by -50% to 80 tons in 2022. Overall, imports continue to indicate a dramatic decline.

In value terms, ferro-alloys; ferro-niobium imports reduced remarkably to $2M in 2022. Over the period under review, imports saw a precipitous descent.

Import of Ferro-Alloys; Ferro-Niobium in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada2.1N/A2.40.8-27.5%
Brazil5.8N/A0.10.4-59.0%
India0.1N/A1.20.458.7%
GermanyN/AN/AN/A0.30%
ChinaN/AN/AN/A0.10%
United KingdomN/AN/A0.4N/A0%
Others0.1N/AN/AN/A0%
Total8.0N/A4.02.0-37.0%

Top Suppliers of Ferro-Alloys; Ferro-Niobium to the United Arab Emirates in 2022:

  1. Canada (29.9 tons)
  2. India (18.6 tons)
  3. Brazil (15.4 tons)
  4. Germany (9.4 tons)
  5. China (6.6 tons)

Source: IndexBox Market Intelligence Platform

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