Ferro-Alloys; Ferro-Niobium Price in the United States - 2023
Contents:
- Ferro-Alloys; Ferro-Niobium Price in the United States (CIF) - 2023
- Ferro-Alloys; Ferro-Niobium Price in the United States (FOB) - 2022
- Ferro-Alloys; Ferro-Niobium Imports in the United States
- Ferro-Alloys; Ferro-Niobium Exports in the United States
Ferro-Alloys; Ferro-Niobium Price in the United States (CIF) - 2023
The average ferro-alloys; ferro-niobium import price stood at $26,299 per ton in September 2023, which is down by -2.5% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 6% month-to-month. Over the period under review, average import prices hit record highs at $28,702 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Canada ($28,215 per ton), while the price for Brazil amounted to $25,488 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Canada (-0.3%).
Ferro-Alloys; Ferro-Niobium Price in the United States (FOB) - 2022
The average ferro-alloys; ferro-niobium export price stood at $10,960 per ton in 2022, with a decrease of -2.1% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 15% against the previous year. As a result, the export price attained the peak level of $14,076 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($10,996 per ton), while the average price for exports to Canada ($10,758 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+0.0%), while the prices for the other major destinations experienced a decline.
Ferro-Alloys; Ferro-Niobium Imports in the United States
In 2022, approx. 10K tons of ferro-alloys; ferro-niobia were imported into the United States; with a decrease of -8.4% on the year before. Over the period under review, imports showed a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year.
In value terms, ferro-alloys; ferro-niobium imports expanded markedly to $267M in 2022. Overall, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 31%.
| Import of Ferro-Alloys; Ferro-Niobium in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 202 | 137 | 167 | 138 | -11.9% |
| Canada | 103 | 52.4 | 84.9 | 129 | 7.8% |
| Others | 7.4 | 2.8 | 0.4 | 0.7 | -54.4% |
| Total | 312 | 193 | 252 | 267 | -5.1% |
Top Suppliers of Ferro-Alloys; Ferro-Niobium to the United States in 2022:
- Brazil (5.5K tons)
- Canada (4.4K tons)
Ferro-Alloys; Ferro-Niobium Exports in the United States
Ferro-alloys; ferro-niobium exports from the United States surged to 1.8K tons in 2022, rising by 30% compared with 2021 figures. The total export volume increased at an average annual rate of +14.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-niobium exports soared to $20M in 2022. The total export value increased at an average annual rate of +13.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Ferro-Alloys; Ferro-Niobium in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 9.8 | 8.9 | 9.6 | 15.7 | 17.0% |
| Canada | 1.3 | 4.3 | 4.1 | 3.4 | 37.8% |
| India | N/A | N/A | N/A | 0.9 | 0% |
| China | N/A | 4.1 | N/A | N/A | 0% |
| Netherlands | 1.3 | N/A | 0.4 | N/A | -44.5% |
| Others | 1.2 | 0.5 | 1.7 | N/A | 19.0% |
| Total | 13.7 | 17.8 | 15.8 | 20.1 | 13.6% |
Top Export Markets for Ferro-Alloys; Ferro-Niobium from the United States in 2022:
- Mexico (1429.7 tons)
- Canada (320.2 tons)
- India (85.9 tons)
644
This report provides an in-depth analysis of the ferro-alloys market in the U.S..
61
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in the U.S..
402
This report provides an in-depth analysis of the ferro-chromium market in the U.S..
804
This report provides an in-depth analysis of the ferro-silicon market in the U.S..
502
This report provides an in-depth analysis of the ferro-manganese market in the U.S..
331
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in the U.S..
550
This report provides an in-depth analysis of the ferro-silico-manganese market in the U.S..
504
This report provides an in-depth analysis of the ferro-molybdenum market in the U.S..
2456
This report provides an in-depth analysis of the global ferro-alloys market.
89
This report provides an in-depth analysis of the global miscellaneous ferro-alloys market.
188
From January 2023 to November 2023, the import growth of Ferro-Alloys remained at a slightly lower figure. In terms of value, Ferro-Alloys imports witnessed a significant decline, reaching $171M in November 2023.
2163
In May 2022, the ferro-silicon price per ton amounted to $2,570 (CIF, US), falling by -31% against the previous month.
610
In 2021, the average import price for ferro-silicon in the U.S. totaled $2,284 per ton, increasing by 85% compared to the figure of 2020.
294
Imports of Ferro Manganese sharply declined to $24M in May 2023 in terms of value.
188
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.
2637
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.
1727
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.
2418
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
127
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.
133
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.
