Ferro-Alloys; Ferro-Nickel Price in Saudi Arabia - 2021

Contents:

  1. Ferro-Alloys; Ferro-Nickel Price in Saudi Arabia (CIF) - 2022
  2. Ferro-Alloys; Ferro-Nickel Imports in Saudi Arabia

Ferro-Alloys; Ferro-Nickel Price in Saudi Arabia (CIF) - 2022

The average ferro-alloys; ferro-nickel import price stood at $13,340 per ton in 2022, with an increase of 3.3% against the previous year. Overall, the import price, however, saw a noticeable reduction. The pace of growth appeared the most rapid in 2018 an increase of 21% against the previous year. The import price peaked at $16,710 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +22.0% per year.

Ferro-Alloys; Ferro-Nickel Imports in Saudi Arabia

In 2022, the amount of ferro-alloys; ferro-nickels imported into Saudi Arabia reduced to 669 tons, shrinking by -7.3% compared with 2021 figures. Over the period under review, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year.

In value terms, ferro-alloys; ferro-nickel imports dropped to $8.9M in 2022. In general, imports showed a perceptible shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 9.3% against the previous year.

Import of Ferro-Alloys; Ferro-Nickel in Saudi Arabia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia10.04.91.38.6-4.9%
NorwayN/A3.64.0N/A11.1%
ChinaN/AN/A1.4N/A0%
Others0.10.12.70.344.2%
Total10.18.59.38.9-4.1%

Top Suppliers of Ferro-Alloys; Ferro-Nickel to Saudi Arabia in 2022:

  1. Australia (565.8 tons)

Source: IndexBox Market Intelligence Platform

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