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U.S. - Ferro-Silicon - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jun 1, 2025

U.S. - Ferro-Silicon - Market Analysis, Forecast, Size, Trends And Insights

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Jul 5, 2022

U.S. Ferro-Silicon Import Prices Pick Up 85%, Averaging $2,284 Per Ton

IndexBox has just published a new report: 'U.S. - Ferro-Silicon - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The U.S. ferro-silicon market contracted to $804M in 2021, waning by -5.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs and intermediaries' margins, which will be included in the final consumer price). In physical terms, consumption of ferro-silicon in the United States totaled 473K tons. 

U.S. Ferro-Silicon Production

In 2021, after two years of decline, there was growth in production of ferro-silicon, when its volume increased by 3.4% to 300K tons. In general, production showed a relatively flat trend pattern over the past decade. In value terms, ferro-silicon production totaled $459M in 2021. 

U.S. Ferro-Silicon Imports

After two years of growth, overseas purchases of ferro-silicon decreased by -6.9% to 189K tons in 2021. In the past decade, imports recorded a perceptible reduction. 

In value terms, ferro-silicon imports soared to $433M in 2021. Over the last decade, imports showed a relatively flat trend pattern. 

Imports by Country

In 2021, Russia (79K tons) constituted the largest ferro-silicon supplier to the United States, accounting for a 42% share of total purchases. Moreover, ferro-silicon imports from Russia exceeded the figures recorded by the second-largest supplier, Canada (32K tons), twofold. The third position in this ranking was occupied by Brazil (22K tons), with a 12% share.

In value terms, Russia ($229M) constituted the largest supplier of ferro-silicon to the United States, comprising 53% of total imports. The second position in the ranking was occupied by Canada ($57M), with a 13% share of total purchases. It was followed by Malaysia, with an 8.9% share.

From 2011 to 2021, the average annual rate of growth in terms of value from Russia amounted to +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-1.3% per year) and Malaysia (+50.6% per year).

Import Prices by Country

The average ferro-silicon import price stood at $2,284 per ton in 2021, surging by 85% against the previous year. There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Russia ($2,904 per ton), while the price for Brazil ($1,447 per ton) was amongst the lowest. From 2011 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Ferro-Silicon Exports 

In 2021, the amount of ferro-silicon exported from the United States skyrocketed to 17K tons, with an increase of 68% compared with the year before. Over the past decade, exports, however, continue to indicate a drastic downturn. 

In value terms, exports skyrocketed to $31M in 2021. In the past decade, exports, however, continue to indicate a deep slump. 

Exports by Country

Canada (8K tons), Mexico (5.4K tons) and Belgium (719 tons) were the main destinations of ferro-silicon exports from the United States, with a combined 84% share of total volume. These countries were followed by Brazil, Turkey, the UK, Switzerland and Spain, which together accounted for a further 13%.

In value terms, Canada ($14M), Mexico ($11M) and Brazil ($1.1M) appeared to be the largest markets for ferro-silicon exported from the United States worldwide, with a combined 85% share of total supplies. These countries were followed by Turkey, Belgium, the UK, Spain and Switzerland, which together accounted for a further 12%.

Among the main countries of destination, Switzerland, with a CAGR of +49.3%, saw the highest growth rate of the value of exports over the past decade. Shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ferro-silicon export price stood at $1,833 per ton in 2021, growing by 12% against the previous year. Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($2,095 per ton), while the average price for exports to Belgium ($978 per ton) was amongst the lowest. From 2011 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ferro-silicon market in the U.S.. 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:

  • Prodcom 24101230 - Ferro-silicon
  • Prodcom 24101235 -
  • Prodcom 24101236 -
  • Prodcom 24101239 -

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, By Product
    11. Average Per Capita Consumption, By Product
    12. Exports and Growth, By Product
    13. Export Prices and Growth, By Product
    14. Production Volume and Growth
    15. Exports and Growth
    16. Export Prices and Growth
    17. Market Size and Growth
    18. Per Capita Consumption
    19. Imports and Growth
    20. Import Prices
    21. Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country, 2012–2024
    29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country, 2012–2024

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