Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Canada - 2023
Contents:
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Canada (CIF) - 2022
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Canada (FOB) - 2022
- Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Canada
- Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Canada
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Canada (CIF) - 2022
The average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price stood at $50,921 per ton in 2022, jumping by 216% against the previous year. In general, the import price saw a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 the United States ($144,915 per ton), while the price for Vietnam ($34,009 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.0%), 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 Canada (FOB) - 2022
The average ferro-alloys; ferro-tungsten and ferro-silico-tungsten export price stood at $24,554 per ton in 2022, leveling off at the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 37%. As a result, the export price reached the peak level of $30,438 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($24,891 per ton), while the average price for exports to the United States stood at $24,461 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.1%).
Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Canada
In 2022, the amount of ferro-alloys; ferro-tungsten and ferro-silico-tungstens imported into Canada declined markedly to 4.5 tons, shrinking by -62.3% compared with 2021 figures. Overall, imports showed a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 12%.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports soared to $228K in 2022. The total import value increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 24.4 | 39.6 | 60.7 | 54.7 | 30.9% |
| China | 59.4 | 37.5 | 15.4 | 41.5 | -11.3% |
| Czech Republic | N/A | N/A | N/A | 40.1 | 0% |
| South Korea | 10.4 | 20.5 | 34.4 | 25.9 | 35.5% |
| Netherlands | 14.9 | 12.5 | 25.7 | 19.4 | 9.2% |
| Russia | 15.0 | 18.2 | 20.9 | 12.7 | -5.4% |
| Vietnam | 14.2 | 11.8 | 10.4 | 12.5 | -4.2% |
| Kazakhstan | N/A | N/A | N/A | 8.8 | 0% |
| United States | 35.8 | 44.5 | 14.3 | 4.1 | -51.4% |
| Others | 4.8 | 19.5 | 9.5 | 8.1 | 19.1% |
| Total | 179 | 204 | 191 | 228 | 8.4% |
Top Suppliers of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten to Canada in 2022:
- China (1208.0 kg)
- Belgium (993.0 kg)
- South Korea (557.0 kg)
- Netherlands (460.0 kg)
- Vietnam (367.0 kg)
- Czech Republic (306.0 kg)
- Russia (200.0 kg)
- Kazakhstan (139.0 kg)
- United States (28.0 kg)
Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Canada
Ferro-alloys; ferro-tungsten and ferro-silico-tungsten exports from Canada fell to 807 kg in 2022, reducing by -7.3% on 2021 figures. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten exports dropped to $20K in 2022. Overall, exports saw a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 18%.
| Export of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.8 | 10.3 | 16.3 | 15.5 | 3.9% |
| Netherlands | 6.2 | 2.6 | 1.3 | 4.3 | -11.5% |
| Sweden | N/A | 2.7 | N/A | N/A | 0% |
| Slovenia | 4.7 | N/A | N/A | N/A | 0% |
| Australia | N/A | N/A | 3.8 | N/A | 0% |
| Others | N/A | 2.6 | N/A | N/A | 0% |
| Total | 24.7 | 18.2 | 21.4 | 19.8 | -7.1% |
Top Export Markets for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten from Canada in 2022:
- United States (633.0 kg)
- Netherlands (174.0 kg)
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