Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Vietnam - 2022
Contents:
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Vietnam (FOB) - 2022
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Vietnam (CIF) - 2022
- Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Vietnam
- Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Vietnam
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Vietnam (FOB) - 2022
The average ferro-alloys; ferro-tungsten and ferro-silico-tungsten export price stood at $23,859 per ton in 2022, leveling off at the previous year. Overall, the export price continues to indicate a slight decline. The pace of growth was the most pronounced in 2013 when the average export price increased by 9.4%. Over the period under review, the average export prices hit record highs at $30,768 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 Mexico ($43,828 per ton), while the average price for exports to Hong Kong SAR ($14,144 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 the United States (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Vietnam (CIF) - 2022
The average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price stood at $20,121 per ton in 2022, increasing by 4.8% against the previous year. In general, the import price, however, showed a noticeable setback. The growth pace was the most rapid in 2015 an increase of 34% against the previous year. As a result, import price reached the peak level of $38,469 per ton. From 2016 to 2022, the average import prices remained at a somewhat 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 China ($106,299 per ton), while the price for the United States stood at $9,162 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.9%).
Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Vietnam
In 2022, the amount of ferro-alloys; ferro-tungsten and ferro-silico-tungstens exported from Vietnam expanded rapidly to 150 tons, surging by 9.9% compared with the year before. The total export volume increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 49%. As a result, the exports attained the peak of 164 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten exports stood at $3.6M in 2022. The total export value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 44%. As a result, the exports reached the peak of $3.9M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 471 | 613 | 456 | 750 | 16.8% |
| United States | 97.1 | 106 | 65.4 | 409 | 61.5% |
| Mexico | 163 | 228 | 182 | 320 | 25.2% |
| Brazil | 257 | 302 | 202 | 300 | 5.3% |
| Spain | 155 | 212 | 165 | 285 | 22.5% |
| Netherlands | 798 | 1,334 | 745 | 275 | -29.9% |
| Ukraine | 78.7 | 78.8 | 134 | 198 | 36.0% |
| Hong Kong SAR | 209 | 217 | 129 | 168 | -7.0% |
| Austria | 105 | 45.5 | 52.2 | 80.0 | -8.7% |
| South Korea | 67.1 | 69.1 | 40.6 | 52.7 | -7.7% |
| Germany | 51.5 | 203 | 102 | 26.0 | -20.4% |
| Others | 250 | 476 | 1,019 | 723 | 42.5% |
| Total | 2,702 | 3,883 | 3,292 | 3,587 | 9.9% |
Top Export Markets for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten from Vietnam in 2022:
- Japan (42.7 tons)
- Spain (13.9 tons)
- United States (12.5 tons)
- Hong Kong SAR (11.9 tons)
- Netherlands (9.8 tons)
- Ukraine (8.8 tons)
- Brazil (8.3 tons)
- Mexico (7.3 tons)
- Austria (4.1 tons)
- South Korea (3.0 tons)
- Germany (1.0 tons)
Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Vietnam
In 2022, the amount of ferro-alloys; ferro-tungsten and ferro-silico-tungstens imported into Vietnam declined markedly to 1 tons, dropping by -27.4% against the year before. In general, imports faced a sharp contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 121%.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports declined significantly to $21K in 2022. Over the period under review, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 92% against the previous year.
| Import of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 31.4 | 11.0 | 14.7 | 11.3 | -28.9% |
| United States | 2.0 | 1.3 | 9.4 | 8.5 | 62.0% |
| Taiwan (Chinese) | 2.2 | 0.3 | 1.4 | 1.2 | -18.3% |
| Singapore | 5.3 | N/A | N/A | N/A | 0% |
| Others | N/A | 1.9 | 2.1 | N/A | 10.5% |
| Total | 40.9 | 14.4 | 27.7 | 21.0 | -19.9% |
Top Suppliers of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten to Vietnam in 2022:
- United States (928.0 kg)
- China (106.0 kg)
- Taiwan (Chinese) (12.0 kg)
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