Ferro-Alloys; Ferro-Silico-Chromium Price in Kazakhstan - 2021

Contents:

  1. Ferro-Alloys; Ferro-Silico-Chromium Price in Kazakhstan (FOB) - 2022
  2. Ferro-Alloys; Ferro-Silico-Chromium Exports in Kazakhstan

Ferro-Alloys; Ferro-Silico-Chromium Price in Kazakhstan (FOB) - 2022

In 2022, the average ferro-alloys; ferro-silico-chromium export price amounted to $1,772 per ton, growing by 8.3% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-alloys; ferro-silico-chromium export price increased by +19.1% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 36%. Over the period under review, the average export prices hit record highs at $2,508 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($2,888 per ton), while the average price for exports to the Netherlands ($223 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 Russia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Alloys; Ferro-Silico-Chromium Exports in Kazakhstan

In 2022, exports of ferro-alloys; ferro-silico-chromia from Kazakhstan declined sharply to 24K tons, with a decrease of -22% compared with 2021. Overall, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 79%.

In value terms, ferro-alloys; ferro-silico-chromium exports fell significantly to $43M in 2022. In general, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 45%.

Export of Ferro-Alloys; Ferro-Silico-Chromium in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.415.416.712.6-13.4%
United States10.95.310.711.82.7%
Spain4.92.54.55.43.3%
Japan5.51.22.12.8-20.2%
Germany5.63.83.62.3-25.7%
South Korea6.21.03.52.2-29.2%
Sweden0.80.50.80.94.0%
Russia5.61.02.20.4-58.5%
Others7.54.16.64.4-16.3%
Total66.635.050.842.9-13.6%

Top Export Markets for Ferro-Alloys; Ferro-Silico-Chromium from Kazakhstan in 2022:

  1. China (8.0K tons)
  2. United States (5.6K tons)
  3. Spain (3.2K tons)
  4. Germany (1.9K tons)
  5. South Korea (1.8K tons)
  6. Japan (1.0K tons)
  7. Sweden (0.4K tons)
  8. Russia (0.1K tons)

Source: IndexBox Market Intelligence Platform

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