Pakistan - Ferro-Chromium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Chromium Price in Pakistan - 2023
Contents:
- Ferro-Chromium Price in Pakistan (CIF) - 2022
- Ferro-Chromium Price in Pakistan (FOB) - 2022
- Ferro-Chromium Imports in Pakistan
- Ferro-Chromium Exports in Pakistan
Ferro-Chromium Price in Pakistan (CIF) - 2022
The average ferro-chromium import price stood at $1,575 per ton in 2022, growing by 8.9% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 50%. Over the period under review, average import prices reached the peak figure at $2,136 per ton in 2014; however, from 2015 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 Vietnam ($3,466 per ton), while the price for the UK ($695 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Chromium Price in Pakistan (FOB) - 2022
The average ferro-chromium export price stood at $3,508 per ton in 2022, rising by 90% against the previous year. Over the period under review, the export price continues to indicate resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2013 to 2022, the rate of growth in terms of prices for Tanzania amounted to +110.9% per year.
Ferro-Chromium Imports in Pakistan
In 2022, approx. 144 tons of ferro-chromium were imported into Pakistan; dropping by -27.3% compared with 2021. Overall, imports faced a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year.
In value terms, ferro-chromium imports contracted markedly to $227K in 2022. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 11%. As a result, imports reached the peak of $301K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Ferro-Chromium in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 15.6 | 7.9 | 10.9 | 49.7 | 47.1% |
| China | 47.2 | 59.6 | 64.4 | 44.5 | -1.9% |
| South Korea | 22.7 | 26.3 | 47.0 | 22.9 | 0.3% |
| India | 43.6 | 32.2 | 23.0 | 22.5 | -19.8% |
| Turkey | 29.0 | 30.3 | 10.8 | 18.5 | -13.9% |
| Germany | 29.6 | 31.0 | 11.6 | 10.5 | -29.2% |
| Netherlands | 25.7 | 19.6 | 16.1 | 4.9 | -42.4% |
| Oman | 9.8 | 7.4 | 4.9 | 4.7 | -21.7% |
| Russia | 15.1 | 11.2 | 12.9 | 2.9 | -42.3% |
| South Africa | N/A | N/A | 37.2 | N/A | 0% |
| Iran | N/A | 18.0 | N/A | N/A | 0% |
| Others | 33.2 | 57.4 | 47.3 | 45.5 | 11.1% |
| Total | 271 | 301 | 286 | 227 | -5.7% |
Top Suppliers of Ferro-Chromium to Pakistan in 2022:
- United Kingdom (71.6 tons)
- China (24.9 tons)
- India (9.6 tons)
- South Korea (7.4 tons)
- Turkey (6.6 tons)
- Germany (4.0 tons)
- Oman (2.9 tons)
- Netherlands (1.3 tons)
- Russia (0.9 tons)
Ferro-Chromium Exports in Pakistan
In 2022, approx. 307 kg of ferro-chromium were exported from Pakistan; jumping by 44% compared with 2021. Over the period under review, exports, however, saw a abrupt decrease.
In value terms, ferro-chromium exports skyrocketed to $1.1K in 2022. In general, exports recorded a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ferro-Chromium in Pakistan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 1,077 | 0% |
| Tanzania | 787 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 394 | N/A | 0% |
| Total | 787 | N/A | 394 | 1,077 | 11.0% |
Top Export Markets for Ferro-Chromium from Pakistan in 2022:
- United Arab Emirates (307.0 kg)
This report provides an in-depth analysis of the ferro-chromium market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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