Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the UK - 2023
Contents:
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the UK (CIF) - 2022
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the UK (FOB) - 2022
- Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the UK
- Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the UK
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the UK (CIF) - 2022
The average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price stood at $33,998 per ton in 2022, rising by 53% against the previous year. In general, the import price, however, recorded a slight descent. The import price peaked at $41,806 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($35,657 per ton), while the price for Ireland ($22,911 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.5%), while the prices for the other major suppliers experienced a decline.
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the UK (FOB) - 2022
In 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten export price amounted to $32,452 per ton, increasing by 12% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 25% against the previous year. Over the period under review, the average export prices attained the maximum at $37,066 per ton in 2013; however, from 2014 to 2022, the 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 the Netherlands ($35,640 per ton), while the average price for exports to Sweden ($31,081 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 the United States (+9.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the UK
In 2022, approx. 78 tons of ferro-alloys; ferro-tungsten and ferro-silico-tungstens were imported into the UK; jumping by 56% compared with the previous year. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports skyrocketed to $2.6M in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 2,313 | 0% |
| Russia | N/A | N/A | N/A | 169 | 0% |
| Ireland | N/A | N/A | N/A | 156 | 0% |
| Spain | N/A | 3.6 | N/A | N/A | 0% |
| Netherlands | 1,162 | 1,048 | 1,079 | N/A | -3.6% |
| Others | N/A | 9.7 | 32.4 | N/A | 234.0% |
| Total | 1,162 | 1,061 | 1,111 | 2,638 | 31.4% |
Top Suppliers of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten to the UK in 2022:
- China (64.9 tons)
- Ireland (6.8 tons)
- Russia (5.9 tons)
Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the UK
After two years of decline, overseas shipments of ferro-alloys; ferro-tungsten and ferro-silico-tungstens increased by 18,018% to 55 tons in 2022. Overall, exports, however, showed a precipitous decline.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten exports surged to $1.8M in 2022. In general, exports, however, saw a abrupt setback.
| Export of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | 8.4 | 713 | 8388.1% |
| Sweden | 94.7 | 1.0 | N/A | 528 | 77.3% |
| Egypt | N/A | N/A | N/A | 28.0 | 0% |
| Spain | 247 | 0.3 | N/A | N/A | -99.9% |
| Belgium | 2,004 | 4.2 | N/A | N/A | -99.8% |
| France | 478 | 0.2 | N/A | N/A | -100.0% |
| Italy | 220 | 0.7 | N/A | N/A | -99.7% |
| Others | 59.7 | 6.2 | 0.4 | 512 | 104.7% |
| Total | 3,103 | 12.5 | 8.8 | 1,782 | -16.9% |
Top Export Markets for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten from the UK in 2022:
- Netherlands (20.0 tons)
- Sweden (17.0 tons)
- Egypt (0.9 tons)
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