Colombia - Ferro-Silicon - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Silicon Price in Colombia - 2022
Contents:
- Ferro-Silicon Price in Colombia (CIF) - 2022
- Ferro-Silicon Price in Colombia (FOB) - 2022
- Ferro-Silicon Imports in Colombia
- Ferro-Silicon Exports in Colombia
Ferro-Silicon Price in Colombia (CIF) - 2022
In February 2022, the average ferro-silicon import price amounted to $3,791 per ton, growing by 7.3% against the previous month. Overall, the import price recorded a buoyant increase. The most prominent rate of growth was recorded in August 2021 when the average import price increased by 39% month-to-month. The import price peaked in February 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Russia ($4,976 per ton), while the price for Paraguay ($2,355 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Russia (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Silicon Price in Colombia (FOB) - 2022
In 2022, the average ferro-silicon export price amounted to $2,928 per ton, standing approx. at the previous year. In general, the export price continues to indicate a measured expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 20% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($3,222 per ton), while the average price for exports to Ecuador totaled $2,652 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Silicon Imports in Colombia
In 2022, approx. 2.1K tons of ferro-silicon were imported into Colombia; declining by -26.6% against 2021. Over the period under review, imports showed a pronounced shrinkage. The growth pace was the most rapid in 2021 when imports increased by 114%. As a result, imports reached the peak of 2.9K tons, and then reduced remarkably in the following year.
In value terms, ferro-silicon imports shrank significantly to $3.4M in 2022. Overall, imports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 117%. As a result, imports attained the peak of $4.7M, and then fell notably in the following year.
| Import of Ferro-Silicon in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 542 | 244 | 1,229 | 1,486 | 40.0% |
| Brazil | 2,057 | 1,221 | 1,639 | 1,461 | -10.8% |
| Paraguay | 28.8 | 191 | 560 | 408 | 142.0% |
| Russia | 749 | 174 | 801 | N/A | 3.4% |
| Thailand | 125 | 34.8 | 99.1 | N/A | -11.0% |
| Others | 221 | 279 | 331 | 45.8 | -40.8% |
| Total | 3,722 | 2,143 | 4,658 | 3,401 | -3.0% |
Top Suppliers of Ferro-Silicon to Colombia in 2022:
- China (1226.0 tons)
- Brazil (657.3 tons)
- Paraguay (223.6 tons)
Ferro-Silicon Exports in Colombia
In 2022, overseas shipments of ferro-silicon decreased by -50% to 65 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded significant growth.
In value terms, ferro-silicon exports declined sharply to $190K in 2022. Overall, exports, however, posted a significant increase.
| Export of Ferro-Silicon in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | N/A | N/A | 194 | 101 | -47.9% |
| Ecuador | 54.8 | N/A | 171 | 89.1 | 17.6% |
| Peru | N/A | N/A | 16.0 | N/A | 0% |
| Others | 5.7 | N/A | N/A | N/A | 0% |
| Total | 60.5 | N/A | 381 | 190 | 46.4% |
Top Export Markets for Ferro-Silicon from Colombia in 2022:
- Ecuador (33.6 tons)
- Venezuela (31.4 tons)
This report provides an in-depth analysis of the ferro-silicon market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24101230 - Ferro-silicon
- Prodcom 24101235 -
- Prodcom 24101236 -
- Prodcom 24101239 -
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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