Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United States - 2023
Contents:
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United States (CIF) - 2022
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United States (FOB) - 2022
- Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United States
- Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United States
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United States (CIF) - 2022
The average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price stood at $28,776 per ton in 2022, jumping by 17% against the previous year. Over the period under review, the import price, however, saw a mild shrinkage. The pace of growth was the most pronounced in 2020 when the average import price increased by 22%. The import price peaked at $34,724 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Estonia ($31,945 per ton) and Mexico ($28,412 per ton), while the price for Russia ($28,197 per ton) and Vietnam ($28,239 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.5%), while the prices for the other major suppliers experienced a decline.
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United States (FOB) - 2022
In 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten export price amounted to $24,843 per ton, picking up by 64% against the previous year. In general, the export price, however, continues to indicate a abrupt contraction. Over the period under review, the average export prices hit record highs at $44,646 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($86,827 per ton), while the average price for exports to the Netherlands stood at $21,281 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+16.7%), while the prices for the other major destinations experienced a decline.
Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United States
In 2022, the amount of ferro-alloys; ferro-tungsten and ferro-silico-tungstens imported into the United States reduced rapidly to 70 tons, dropping by -15.1% compared with the year before. In general, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 115%.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports fell slightly to $2M in 2022. Over the period under review, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 86%.
| Import of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 329 | N/A | 671 | 1,214 | 54.5% |
| Russia | 939 | 531 | 171 | 338 | -28.9% |
| Estonia | N/A | N/A | N/A | 320 | 0% |
| Mexico | N/A | N/A | N/A | 137 | 0% |
| South Korea | 832 | 284 | N/A | N/A | -65.9% |
| Switzerland | 230 | N/A | N/A | N/A | 0% |
| China | 481 | N/A | N/A | N/A | 0% |
| Austria | N/A | N/A | 1,182 | N/A | 0% |
| Ukraine | 148 | 275 | N/A | N/A | 85.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,959 | 1,090 | 2,025 | 2,010 | -12.1% |
Top Suppliers of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten to the United States in 2022:
- Vietnam (43.0 tons)
- Russia (12.0 tons)
- Estonia (10.0 tons)
- Mexico (4.8 tons)
Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United States
After three years of growth, overseas shipments of ferro-alloys; ferro-tungsten and ferro-silico-tungstens decreased by -68.5% to 16 tons in 2022. Overall, exports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 216% against the previous year. As a result, the exports reached the peak of 50 tons, and then fell rapidly in the following year.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten exports shrank markedly to $390K in 2022. Over the period under review, exports, however, posted prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by 216% against the previous year. As a result, the exports attained the peak of $754K, and then fell sharply in the following year.
| Export of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 92.6 | N/A | 208 | 166 | 21.5% |
| Canada | 65.4 | 204 | 207 | 8.0 | -50.4% |
| Democratic Republic of the Congo | N/A | 16.1 | N/A | N/A | 0% |
| India | N/A | 8.4 | 19.9 | N/A | 136.9% |
| Others | 135 | 9.9 | 319 | 216 | 17.0% |
| Total | 293 | 239 | 754 | 390 | 10.0% |
Top Export Markets for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten from the United States in 2022:
- Netherlands (7.8 tons)
- Canada (0.1 tons)
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