Ferro-Alloys; Ferro-Vanadium Price in Egypt - 2023
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Egypt (CIF) - 2022
- Ferro-Alloys; Ferro-Vanadium Imports in Egypt
Ferro-Alloys; Ferro-Vanadium Price in Egypt (CIF) - 2022
In 2022, the average ferro-alloys; ferro-vanadium import price amounted to $34,994 per ton, reducing by -40.6% against the previous year. Overall, the import price, however, enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2015 an increase of 3,760% against the previous year. The import price peaked at $197,733 per ton in 2019; however, from 2020 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 Korea ($48,222 per ton), while the price for Brazil ($22,950 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+21.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Ferro-Alloys; Ferro-Vanadium Imports in Egypt
In 2022, the amount of ferro-alloys; ferro-vanadia imported into Egypt skyrocketed to 12 tons, jumping by 28% compared with the year before. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 253%. As a result, imports reached the peak of 14 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, ferro-alloys; ferro-vanadium imports shrank sharply to $405K in 2022. Over the period under review, imports, however, showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 93%.
| Import of Ferro-Alloys; Ferro-Vanadium in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 430 | 148 | 213 | 142 | -30.9% |
| Austria | 43.4 | 15.4 | 93.8 | 105 | 34.2% |
| South Africa | 46.9 | 48.6 | 116 | 93.8 | 26.0% |
| South Korea | 86.8 | 22.0 | 17.4 | 20.0 | -38.7% |
| Netherlands | 22.3 | 9.9 | 15.9 | 10.5 | -22.2% |
| Germany | 31.1 | 10.8 | 15.6 | 10.4 | -30.6% |
| Brazil | 18.3 | 5.8 | 7.6 | 4.6 | -36.9% |
| Others | 112 | 16.4 | 54.7 | 17.9 | -45.7% |
| Total | 791 | 277 | 534 | 405 | -20.0% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Egypt in 2022:
- China (4.4 tons)
- Austria (2.8 tons)
- South Africa (2.5 tons)
- Germany (0.4 tons)
- South Korea (0.4 tons)
- Netherlands (0.3 tons)
- Brazil (0.2 tons)
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This report provides an in-depth analysis of the ferro-alloys market in Egypt.
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This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Egypt.
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This report provides an in-depth analysis of the ferro-chromium market in Egypt.
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This report provides an in-depth analysis of the ferro-silicon market in Egypt.
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This report provides an in-depth analysis of the ferro-manganese market in Egypt.
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This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Egypt.
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This report provides an in-depth analysis of the ferro-silico-manganese market in Egypt.
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This report provides an in-depth analysis of the ferro-molybdenum market in Egypt.
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This report provides an in-depth analysis of the global ferro-alloys market.
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This report provides an in-depth analysis of the global miscellaneous 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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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.
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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.
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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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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.
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Ferrosilicon consumption is expected to continue rising due to the further growth of solar energy.
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Discover the leading countries for importing Ferro-Silico-Manganese and the key factors driving their demand. Learn about the global market trends and statistics.
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Explore the top import markets for Ferro-Molybdenum in the world, including key statistics on import values and market insights.
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In value terms, ferro-chromium exports totaled $9B in 2018. Over the period under review, the total exports indicated a tangible increase from 2007 to 2018: its value increased at an average annual rate of +1.2% over the last eleven years.
