Ferro-Alloys; Ferro-Silico-Chromium Price in Canada - 2023
Contents:
- Ferro-Alloys; Ferro-Silico-Chromium Price in Canada (CIF) - 2022
- Ferro-Alloys; Ferro-Silico-Chromium Imports in Canada
Ferro-Alloys; Ferro-Silico-Chromium Price in Canada (CIF) - 2022
In 2022, the average ferro-alloys; ferro-silico-chromium import price amounted to $3,311 per ton, rising by 214% against the previous year. Over the period under review, the import price recorded resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Zimbabwe ($3,589 per ton), while the price for the United States ($2,276 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (+470.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Alloys; Ferro-Silico-Chromium Imports in Canada
In 2022, the amount of ferro-alloys; ferro-silico-chromia imported into Canada contracted markedly to 267 tons, which is down by -63.4% against the previous year. Overall, imports recorded a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 134%.
In value terms, ferro-alloys; ferro-silico-chromium imports skyrocketed to $885K in 2022. Over the period under review, imports saw a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 144%.
Import of Ferro-Alloys; Ferro-Silico-Chromium in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zimbabwe | N/A | N/A | 52.5 | 671 | 1178.1% |
Kazakhstan | N/A | N/A | N/A | 122 | 0% |
United States | 21.6 | 240 | 708 | 91.0 | 61.5% |
India | 692 | N/A | 7.9 | N/A | -89.3% |
Brazil | 509 | 75.1 | N/A | N/A | -85.2% |
Others | N/A | N/A | N/A | 1.1 | 0% |
Total | 1,222 | 315 | 769 | 885 | -10.2% |
Top Suppliers of Ferro-Alloys; Ferro-Silico-Chromium to Canada in 2022:
- Zimbabwe (187.1 tons)
- United States (40.0 tons)
- Kazakhstan (40.0 tons)
This report provides an in-depth analysis of the ferro-alloys market in Canada.
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Canada.
This report provides an in-depth analysis of the ferro-chromium market in Canada.
This report provides an in-depth analysis of the ferro-silicon market in Canada.
This report provides an in-depth analysis of the ferro-manganese market in Canada.
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Canada.
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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.
In June 2023, the Ferrosilicon price was $2,440 per ton (FOB, Canada), experiencing a decrease of 4.5% compared to the previous month.
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.
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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
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