China - Ferro-Titanium and Ferro-Silico-Titanium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Titanium and Ferro-Silico-Titanium Prices in China
China Ferro-Titanium and Ferro-Silico-Titanium Export Price in September 2022
In September 2022, the ferro-titanium and ferro-silico-titanium price amounted to $5,296 per ton (FOB, China), shrinking by -11.3% against the previous month. Over the period under review, the export price continues to indicate a slight reduction. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 31% m-o-m. As a result, the export price attained the peak level of $7,882 per ton. From March 2022 to September 2022, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2022, the country with the highest price was the Netherlands ($5,961 per ton), while the average price for exports to India ($3,797 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
China Ferro-Titanium and Ferro-Silico-Titanium Exports
Ferro-titanium and ferro-silico-titanium exports from China declined sharply to 179 tons in September 2022, which is down by -24.4% on the month before. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in March 2022 with an increase of 3,900% m-o-m. Over the period under review, the exports hit record highs at 482 tons in April 2022; however, from May 2022 to September 2022, the exports failed to regain momentum.
In value terms, ferro-titanium and ferro-silico-titanium exports contracted markedly to $945K (IndexBox estimates) in September 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in March 2022 with an increase of 2,483% m-o-m. The exports peaked at 2.6K tons in April 2022; however, from May 2022 to September 2022, the exports remained at a lower figure.
China Ferro-Titanium and Ferro-Silico-Titanium Exports by Country
South Korea (118 tons) was the main destination for ferro-titanium and ferro-silico-titanium exports from China, accounting for a 66% share of total exports. Moreover, ferro-titanium and ferro-silico-titanium exports to South Korea exceeded the volume sent to the second major destination, India (25 tons), fivefold. The third position in this ranking was taken by the Netherlands (22 tons), with a 12% share.
From January 2022 to September 2022, the average monthly growth rate of volume to South Korea totaled +50.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: India (+44.5% per month) and the Netherlands (-25.1% per month).
In value terms, South Korea ($661K) emerged as the key foreign market for ferro-titanium and ferro-silico-titanium exports from China, comprising 70% of total exports. The second position in the ranking was held by the Netherlands ($131K), with a 14% share of total exports. It was followed by India, with a 10% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of value to South Korea totaled +43.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Netherlands (-22.9% per month) and India (+42.5% per month).
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
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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
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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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In terms of value, imports of FerroAlloys dropped significantly to $1.4B in June 2023.
In September 2022, the ferro-alloys price stood at $2,055 per ton (CIF, China), falling by -9.2% against the previous month.
In value terms, ferro-manganese exports shrank significantly to $458K in March 2023.
In value terms, ferro-silicon exports soared to $60M in March 2023
China dominates the world market for ferro-alloys, importing a staggering $9.8 billion worth of these alloys in 2022. The United States, Japan, Indonesia, Germany, the Netherlands, Italy, South Korea, Turkey, and India are also major importers of ferro-alloys, driven by their respective manufacturing sectors and domestic consumption.
The conflict between Russia and Ukraine has had a significant impact on the ferroalloy industry. The main producing regions of ferroalloys are located in Eastern Europe, which has been affected by the conflict.
Throughout January-September 2021, global ferroalloy trade totalled $11.8B, increasing by +36% compared to the same period last year. This spike was caused by growing prices, as imports in physical terms remained nearly unchanged against the previous year’s figures. China tops the ferroalloy importer ranking with 29% of the total value, followed by Japan and the U.S. The average ferroalloy import price in September 2021 was estimated at $2.5 per kg, a 56%-increase compared to those of September 2020.
The global trade in ferro-alloys amounted to X million USD in 2015, fluctuating wildly over the period under review. A plunge in 2009 was followed by recovery over the next two years, until exports decreased again. Exports continued falling for th
Ferrosilicon consumption is expected to continue rising due to the further growth of solar energy.
In terms of value, imports of FerroAlloys dropped significantly to $1.4B in June 2023.