Ferro-Alloys; Ferro-Silico-Chromium Price in Brazil - 2023
Contents:
- Ferro-Alloys; Ferro-Silico-Chromium Price in Brazil (FOB) - 2023
- Ferro-Alloys; Ferro-Silico-Chromium Price in Brazil (CIF) - 2022
- Ferro-Alloys; Ferro-Silico-Chromium Exports in Brazil
- Ferro-Alloys; Ferro-Silico-Chromium Imports in Brazil
Ferro-Alloys; Ferro-Silico-Chromium Price in Brazil (FOB) - 2023
In September 2023, the average ferro-alloys; ferro-silico-chromium export price amounted to $1,862 per ton, remaining constant against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $1,980 per ton in May 2023; however, from June 2023 to September 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Japan.
From November 2022 to September 2023, the rate of growth in terms of prices for Japan amounted to -0.2% per month.
Ferro-Alloys; Ferro-Silico-Chromium Price in Brazil (CIF) - 2022
In 2022, the average ferro-alloys; ferro-silico-chromium import price amounted to $159 per ton, shrinking by -92.7% against the previous year. Overall, the import price faced a precipitous curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by 69% against the previous year. The import price peaked at $6,272 per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 Canada ($265 per ton), while the price for China amounted to $122 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-23.9%).
Ferro-Alloys; Ferro-Silico-Chromium Exports in Brazil
In 2022, shipments abroad of ferro-alloys; ferro-silico-chromia decreased by -89.4% to 317 tons, falling for the second year in a row after two years of growth. Overall, exports saw a dramatic decline. The pace of growth appeared the most rapid in 2020 with an increase of 122%. As a result, the exports attained the peak of 4.1K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, ferro-alloys; ferro-silico-chromium exports dropped significantly to $608K in 2022. Over the period under review, exports faced a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 80%. As a result, the exports reached the peak of $5M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Ferro-Alloys; Ferro-Silico-Chromium in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 2.0 | 2.2 | 3.8 | 0.6 | -33.1% |
South Korea | N/A | 1.8 | N/A | N/A | 0% |
Belgium | 0.6 | N/A | N/A | N/A | 0% |
United States | 0.2 | 1.0 | 0.1 | N/A | -29.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.8 | 5.0 | 3.9 | 0.6 | -40.2% |
Top Export Markets for Ferro-Alloys; Ferro-Silico-Chromium from Brazil in 2022:
- Japan (315.0 tons)
Ferro-Alloys; Ferro-Silico-Chromium Imports in Brazil
Ferro-alloys; ferro-silico-chromium imports into Brazil soared to 90 tons in 2022, growing by 1,249% on the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys; ferro-silico-chromium imports reduced to $14K in 2022. In general, imports, however, saw a dramatic shrinkage.
Import of Ferro-Alloys; Ferro-Silico-Chromium in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
China | 15.4 | 7.9 | 8.2 | -27.0% | |
Canada | 13.7 | 6.7 | 6.2 | -32.7% | |
Others | N/A | N/A | N/A | 0% | |
Total | 29.1 | 14.5 | 14.4 | -29.7% |
Top Suppliers of Ferro-Alloys; Ferro-Silico-Chromium to Brazil in 2022:
- China (67.2 tons)
- Canada (23.2 tons)
This report provides an in-depth analysis of the ferro-alloys market in Brazil.
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Brazil.
This report provides an in-depth analysis of the ferro-chromium market in Brazil.
This report provides an in-depth analysis of the ferro-silicon market in Brazil.
This report provides an in-depth analysis of the ferro-manganese market in Brazil.
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Brazil.
This report provides an in-depth analysis of the ferro-silico-manganese market in Brazil.
This report provides an in-depth analysis of the ferro-molybdenum market in Brazil.
This report provides an in-depth analysis of the global ferro-alloys market.
This report provides an in-depth analysis of the global miscellaneous ferro-alloys market.
Imports of Ferro-Manganese peaked at 77K tons in 2022 but significantly dropped the next year. In monetary value, imports decreased to $70M in 2023.
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.
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.
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.
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
Discover the top import markets for Ferro-Chromium and their impact on the global market. Learn about the key players driving demand for this essential alloy.
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.
Ferrosilicon consumption is expected to continue rising due to the further growth of solar energy.
Discover the leading countries for importing Ferro-Silico-Manganese and the key factors driving their demand. Learn about the global market trends and statistics.
Explore the top import markets for Ferro-Molybdenum in the world, including key statistics on import values and market insights.