Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United Arab Emirates - 2021
Contents:
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United Arab Emirates (CIF) - 2022
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United Arab Emirates (FOB) - 2022
- Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United Arab Emirates
- Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United Arab Emirates
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United Arab Emirates (CIF) - 2022
In 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price amounted to $21,332 per ton, remaining constant against the previous year. Over the period under review, the import price saw a pronounced reduction. The growth pace was the most rapid in 2019 when the average import price increased by 32%. The import price peaked at $33,658 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($51,438 per ton), while the price for China ($18,532 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United Arab Emirates (FOB) - 2022
The average ferro-alloys; ferro-tungsten and ferro-silico-tungsten export price stood at $22,324 per ton in 2022, leveling off at the previous year. In general, the export price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices reached the maximum at $37,041 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($33,107 per ton), while the average price for exports to Qatar ($469 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United Arab Emirates
In 2022, after three years of growth, there was significant decline in supplies from abroad of ferro-alloys; ferro-tungsten and ferro-silico-tungstens, when their volume decreased by -46.6% to 79 tons. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 1,373%. As a result, imports reached the peak of 148 tons, and then contracted dramatically in the following year.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports declined markedly to $1.7M in 2022. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 1,373% against the previous year. As a result, imports attained the peak of $3.2M, and then shrank sharply in the following year.
| Import of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 80.1 | 68.9 | 1,390 | 1,007 | 132.5% |
| China | 19.1 | 114 | 1,339 | 449 | 186.5% |
| United States | 5.4 | 4.7 | 96.6 | 71.3 | 136.4% |
| India | 8.0 | 11.4 | 139 | 51.3 | 85.8% |
| Others | 18.7 | 15.2 | 188 | 105 | 77.7% |
| Total | 131 | 214 | 3,153 | 1,684 | 134.3% |
Top Suppliers of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten to the United Arab Emirates in 2022:
- United Kingdom (50.0 tons)
- China (24.2 tons)
- United States (1.4 tons)
- India (1.4 tons)
Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United Arab Emirates
After three years of growth, shipments abroad of ferro-alloys; ferro-tungsten and ferro-silico-tungstens decreased by -50% to 21K tons in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 495,420% against the previous year. As a result, the exports attained the peak of 42K tons, and then dropped dramatically in the following year.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten exports reduced notably to $464M in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 495,420% against the previous year. As a result, the exports reached the peak of $928M, and then declined remarkably in the following year.
| Export of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 0.2 | 0.2 | 603 | 414 | 1174.5% |
| Azerbaijan | N/A | N/A | 313 | 36.7 | -88.3% |
| Cote d'Ivoire | N/A | N/A | N/A | 0.7 | 0% |
| Qatar | N/A | N/A | 1.2 | 0.2 | -83.3% |
| Nigeria | N/A | N/A | 1.1 | N/A | 0% |
| Egypt | N/A | N/A | 0.4 | N/A | 0% |
| Others | N/A | N/A | 8.8 | 11.8 | 34.1% |
| Total | 0.2 | 0.2 | 928 | 464 | 1223.8% |
Top Export Markets for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten from the United Arab Emirates in 2022:
- Iran (17.5K tons)
- Azerbaijan (1.1K tons)
- Cote d'Ivoire (0.8K tons)
- Qatar (0.5K tons)
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