Ferro-Alloys; Ferro-Silico-Chromium Price in China - 2023
Contents:
- Ferro-Alloys; Ferro-Silico-Chromium Price in China (FOB) - 2023
- Ferro-Alloys; Ferro-Silico-Chromium Price in China (CIF) - 2022
- Ferro-Alloys; Ferro-Silico-Chromium Exports in China
- Ferro-Alloys; Ferro-Silico-Chromium Imports in China
Ferro-Alloys; Ferro-Silico-Chromium Price in China (FOB) - 2023
In September 2023, the average ferro-alloys; ferro-silico-chromium export price amounted to $1,636 per ton, dropping by -4% against the previous month. In general, the export price, however, saw a buoyant increase. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 112% m-o-m. As a result, the export price reached the peak level of $2,900 per ton. From December 2022 to September 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($1,910 per ton), while the average price for exports to Brazil ($1,260 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+24.9%), while the prices for the other major destinations experienced mixed trend patterns.
Ferro-Alloys; Ferro-Silico-Chromium Price in China (CIF) - 2022
The average ferro-alloys; ferro-silico-chromium import price stood at $1,017 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price, however, continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2018 an increase of 1,226%. The import price peaked at $37,092 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($3,940 per ton), while the price for Japan stood at $569 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+39.6%).
Ferro-Alloys; Ferro-Silico-Chromium Exports in China
In 2022, ferro-alloys; ferro-silico-chromium exports from China skyrocketed to 122 tons, rising by 452% on 2021 figures. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-silico-chromium exports soared to $165K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ferro-Alloys; Ferro-Silico-Chromium in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | 26.5 | N/A | 72.3 | 65.2% |
| Netherlands | N/A | N/A | N/A | 49.7 | 0% |
| Japan | N/A | N/A | 0.7 | 33.0 | 4614.3% |
| India | N/A | N/A | 3.1 | 4.1 | 32.3% |
| Pakistan | N/A | N/A | 6.8 | 2.9 | -57.4% |
| South Korea | 24.4 | N/A | 13.1 | 0.5 | -72.6% |
| Others | 1.2 | N/A | 2.4 | 2.7 | 31.0% |
| Total | 25.6 | 26.5 | 26.0 | 165 | 86.1% |
Top Export Markets for Ferro-Alloys; Ferro-Silico-Chromium from China in 2022:
- Turkey (51.7 tons)
- Netherlands (44.7 tons)
- Japan (17.0 tons)
- India (3.4 tons)
- Pakistan (2.8 tons)
- South Korea (0.3 tons)
Ferro-Alloys; Ferro-Silico-Chromium Imports in China
After two years of decline, overseas purchases of ferro-alloys; ferro-silico-chromia decreased by -50% to 55 tons in 2022. In general, imports showed a precipitous decline.
In value terms, ferro-alloys; ferro-silico-chromium imports contracted notably to $56K in 2022. Overall, imports showed a dramatic downturn. The growth pace was the most rapid in 2021 when imports increased by 301,365%.
| Import of Ferro-Alloys; Ferro-Silico-Chromium in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | N/A | 28.7 | 0% |
| Japan | N/A | N/A | N/A | 27.1 | 0% |
| Zimbabwe | N/A | N/A | 112 | N/A | 0% |
| Turkey | 205 | N/A | N/A | N/A | 0% |
| Others | 18.5 | N/A | N/A | N/A | 0% |
| Total | 223 | N/A | 112 | 55.8 | -37.0% |
Top Suppliers of Ferro-Alloys; Ferro-Silico-Chromium to China in 2022:
- Japan (47.6 tons)
- South Africa (7.3 tons)
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