Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in South Africa - 2023
Contents:
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in South Africa (FOB) - 2022
- Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in South Africa (CIF) - 2022
- Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in South Africa
- Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in South Africa
Price for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in South Africa (FOB) - 2022
In 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten export price amounted to $32,437 per ton, jumping by 25% against the previous year. Over the period under review, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of 201% against the previous year. The export price peaked at $75,636 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($64,471 per ton), while the average price for exports to Democratic Republic of the Congo ($22,645 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 Germany (+169.4%), 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 South Africa (CIF) - 2022
In 2022, the average ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price amounted to $38,123 per ton, increasing by 41% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-alloys; ferro-tungsten and ferro-silico-tungsten import price increased by +83.7% against 2020 indices. 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 France ($95,889 per ton), while the price for Germany ($35,545 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in South Africa
In 2022, the amount of ferro-alloys; ferro-tungsten and ferro-silico-tungstens exported from South Africa surged to 803 kg, increasing by 98% on the previous year. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 6,918% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten exports skyrocketed to $26K in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 2,311% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guinea | 0.1 | 2.4 | 2.2 | 6.5 | 302.1% |
| Democratic Republic of the Congo | 0.1 | 4.0 | 2.2 | 5.5 | 280.3% |
| Egypt | N/A | N/A | N/A | 5.4 | 0% |
| Netherlands | N/A | 0.7 | 0.9 | 5.1 | 169.9% |
| Kenya | 0.1 | 2.5 | 1.3 | 1.2 | 128.9% |
| Mali | 0.4 | 8.1 | 2.6 | 1.0 | 35.7% |
| Botswana | N/A | 0.3 | 0.2 | 0.2 | -18.4% |
| Others | 0.1 | 2.1 | 1.1 | 1.1 | 122.4% |
| Total | 0.8 | 20.1 | 10.5 | 26.0 | 219.1% |
Top Export Markets for Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten from South Africa in 2022:
- Guinea (264.0 kg)
- Democratic Republic of the Congo (241.0 kg)
- Netherlands (135.0 kg)
- Egypt (84.0 kg)
- Mali (37.0 kg)
- Kenya (26.0 kg)
- Botswana (11.0 kg)
Imports of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in South Africa
Ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports into South Africa shrank sharply to 1.1 tons in 2022, with a decrease of -51.7% compared with 2021. In general, imports showed a dramatic curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 363%.
In value terms, ferro-alloys; ferro-tungsten and ferro-silico-tungsten imports declined rapidly to $43K in 2022. Overall, imports recorded a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of 502%.
| Import of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 96.0 | 9.0 | 55.2 | 37.2 | -27.1% |
| China | 9.7 | 0.7 | 3.5 | 1.9 | -41.9% |
| Others | 8.8 | 0.7 | 3.7 | 3.5 | -26.5% |
| Total | 115 | 10.4 | 62.4 | 42.6 | -28.2% |
Top Suppliers of Ferro-Alloys; Ferro-Tungsten and Ferro-Silico-Tungsten to South Africa in 2022:
- Germany (1047.0 kg)
- China (29.0 kg)
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