Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Colombia - 2022
Contents:
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Colombia (CIF) - 2022
- Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Colombia
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Colombia (CIF) - 2022
The average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price stood at $58,886 per ton in 2022, with a decrease of -24.8% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price increased by +29.4% against 2018 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 75% against the previous year. As a result, import price reached the peak level of $78,300 per ton, and then contracted sharply in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($60,633 per ton), while the price for the United States amounted to $57,888 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+58.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Colombia
Ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports into Colombia surged to 176 kg in 2022, with an increase of 17% against 2021. Over the period under review, imports, however, recorded a perceptible downturn.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports dropped to $10K in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 31%. As a result, imports attained the peak of $12K, and then shrank in the following year.
| Import of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.2 | 4.7 | 4.5 | 6.5 | 7.7% |
| United Kingdom | 3.7 | 3.0 | 2.6 | 3.9 | 1.8% |
| South Korea | N/A | 1.3 | 4.7 | N/A | 261.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.9 | 9.0 | 11.7 | 10.4 | 5.3% |
Top Suppliers of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten to Colombia in 2022:
- United States (112.0 kg)
- United Kingdom (64.0 kg)
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