Ferro-Alloys; Ferro-Silico-Chromium Price in the United Arab Emirates - 2021

Contents:

  1. Ferro-Alloys; Ferro-Silico-Chromium Price in the United Arab Emirates (CIF) - 2022
  2. Ferro-Alloys; Ferro-Silico-Chromium Price in the United Arab Emirates (FOB) - 2022
  3. Ferro-Alloys; Ferro-Silico-Chromium Imports in the United Arab Emirates
  4. Ferro-Alloys; Ferro-Silico-Chromium Exports in the United Arab Emirates

Ferro-Alloys; Ferro-Silico-Chromium Price in the United Arab Emirates (CIF) - 2022

The average ferro-alloys; ferro-silico-chromium import price stood at $1,538 per ton in 2022, flattening at the previous year. Over the period under review, the import price, however, showed a measured expansion. The pace of growth was the most pronounced in 2016 an increase of 941%. As a result, import price attained the peak level of $12,980 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($1,770 per ton), while the price for India ($384 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Ferro-Alloys; Ferro-Silico-Chromium Price in the United Arab Emirates (FOB) - 2022

The average ferro-alloys; ferro-silico-chromium export price stood at $1,530 per ton in 2022, approximately reflecting the previous year. In general, the export price, however, showed a abrupt downturn. Over the period under review, the average export prices attained the maximum at $3,100 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Oman.

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +12.5% per year.

Ferro-Alloys; Ferro-Silico-Chromium Imports in the United Arab Emirates

In 2022, supplies from abroad of ferro-alloys; ferro-silico-chromia decreased by -50% to 14 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a precipitous decline.

In value terms, ferro-alloys; ferro-silico-chromium imports fell notably to $22K in 2022. Overall, imports faced a sharp reduction.

Import of Ferro-Alloys; Ferro-Silico-Chromium in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia66.9N/A29.419.2-34.0%
China4.8N/A1.91.2-37.0%
India11.2N/A0.80.7-60.3%
KuwaitN/AN/A10.3N/A0%
Others3.2N/A0.60.3-54.6%
Total86.0N/A43.021.5-37.0%

Top Suppliers of Ferro-Alloys; Ferro-Silico-Chromium to the United Arab Emirates in 2022:

  1. Russia (10.8 tons)
  2. India (1.9 tons)
  3. China (1.1 tons)

Ferro-Alloys; Ferro-Silico-Chromium Exports in the United Arab Emirates

In 2022, after two years of decline, there was significant decline in shipments abroad of ferro-alloys; ferro-silico-chromia, when their volume decreased by -50% to 15 tons. Over the period under review, exports recorded a precipitous descent.

In value terms, ferro-alloys; ferro-silico-chromium exports contracted markedly to $23K in 2022. In general, exports recorded a dramatic downturn.

Export of Ferro-Alloys; Ferro-Silico-Chromium in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman5.4N/A45.722.861.6%
Pakistan85.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total91.3N/A45.722.8-37.0%

Top Export Markets for Ferro-Alloys; Ferro-Silico-Chromium from the United Arab Emirates in 2022:

  1. Oman (14.9 tons)

Source: IndexBox Market Intelligence Platform

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