Ferro-Alloys; Ferro-Silico-Chromium Price in Vietnam - 2022

Contents:

  1. Ferro-Alloys; Ferro-Silico-Chromium Price in Vietnam (CIF) - 2022
  2. Ferro-Alloys; Ferro-Silico-Chromium Imports in Vietnam

Ferro-Alloys; Ferro-Silico-Chromium Price in Vietnam (CIF) - 2022

The average ferro-alloys; ferro-silico-chromium import price stood at $3,444 per ton in 2022, increasing by 72% against the previous year. Overall, the import price enjoyed strong 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 Taiwan (Chinese) ($4,898 per ton), while the price for China totaled $3,189 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+15.0%).

Ferro-Alloys; Ferro-Silico-Chromium Imports in Vietnam

After two years of decline, overseas purchases of ferro-alloys; ferro-silico-chromia decreased by -50% to 2.3 tons in 2022. Overall, imports saw a significant curtailment.

In value terms, ferro-alloys; ferro-silico-chromium imports fell to $8K in 2022. Over the period under review, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 39%.

Import of Ferro-Alloys; Ferro-Silico-Chromium in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.86.37.56.3-16.4%
Taiwan (Chinese)1.20.41.81.712.3%
OthersN/AN/AN/AN/A0%
Total12.06.79.48.0-12.6%

Top Suppliers of Ferro-Alloys; Ferro-Silico-Chromium to Vietnam in 2022:

  1. China (2.0 tons)
  2. Taiwan (Chinese) (0.3 tons)

Source: IndexBox Market Intelligence Platform

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