Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Norway - 2023
Contents:
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Norway (CIF) - 2022
- Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Norway
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Norway (CIF) - 2022
In 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price amounted to $25,745 per ton, remaining constant against the previous year. In general, the import price showed a noticeable decrease. The pace of growth appeared the most rapid in 2017 an increase of 29%. The import price peaked at $32,809 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($54,171 per ton), while the price for Sweden ($21,474 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+101.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Norway
Ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports into Norway fell significantly to 4.5 tons in 2022, declining by -18.6% compared with the year before. Overall, imports recorded a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 59% against the previous year.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports shrank notably to $115K in 2022. Over the period under review, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 60%.
| Import of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 18.7 | 13.5 | 31.8 | 27.6 | 13.9% |
| Netherlands | 99.8 | 28.7 | 18.5 | 20.0 | -41.5% |
| China | 29.9 | 5.1 | 12.2 | 10.6 | -29.2% |
| Denmark | N/A | N/A | N/A | 2.3 | 0% |
| Russia | N/A | N/A | 16.2 | N/A | 0% |
| Others | 45.8 | 41.4 | 62.7 | 54.6 | 6.0% |
| Total | 194 | 88.6 | 141 | 115 | -16.0% |
Top Suppliers of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten to Norway in 2022:
- Sweden (1285.0 kg)
- Netherlands (719.0 kg)
- China (384.0 kg)
- Denmark (42.0 kg)
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This report provides an in-depth analysis of the ferro-alloys market in Norway.
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This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Norway.
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This report provides an in-depth analysis of the ferro-chromium market in Norway.
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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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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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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.
