World - Ferro-Alloys - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

World - Ferro-Alloys - Market Analysis, Forecast, Size, Trends And Insights

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Ferro-alloys market

Ferro-alloys market: get the latest data featured by an Ai-driven BI tool. Information provide market size, companies, trade, consumption, market prices, exports, imports, and production. Here is a split by country, including the U.S., the U.K., Africa, Russia, EU, the Middle East, China, and Latin America. Market dynamics and outlook to 2030 are also provided in the reports.

Ferro-alloys - World's Largest Markets

RatingCountry
1China
2Japan
3Russia
4United States
5India

In value terms, China led the market, alone. The second position in the ranking was occupied by Japan. It was followed by Russia.

In China, the ferro-alloys market shrank by an average annual rate of -2.8% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Japan (-14.8% per year) and Russia (-8.4% per year).

Ferro-Alloys Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
South Africa918816759-9.1%
India11401011904-11.0%
Malaysia12451017932-13.5%
Georgia11821104987-8.6%
France148511241041-16.3%
Ukraine108110921053-1.3%
Finland113612371126-0.4%
Kazakhstan153413071147-13.5%
Norway150013461243-9.0%
Russia195114991346-16.9%
China208617741490-15.5%
Netherlands232122031809-11.7%
Brazil664162814732-15.6%
Average173915781419-9.7%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Brazil ($4,732 per ton), while South Africa ($759 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Finland, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
India207818761892-4.6%
United States214017701602-13.5%
Spain198317001584-10.6%
Germany223118981570-16.1%
Belgium187816631549-9.2%
China179716821542-7.4%
Italy190316831497-11.3%
Netherlands154015471427-3.7%
Taiwan (Chinese)140716231402-0.2%
Japan175815631393-11.0%
South Korea181416241374-13.0%
Turkey151313461150-12.8%
Indonesia118112031014-7.3%
Average182716551473-10.2%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was India ($1,892 per ton), while Indonesia ($1,014 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other global leaders experienced a decline in the import price figures.

Ferro-Alloys - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China5.16.35.97.3%
Japan3.12.51.7-26.6%
United States2.72.11.3-31.4%
Germany2.11.61.2-25.9%
South Korea1.91.61.1-24.1%

In value terms, China ($5.9B) constitutes the largest market for imported ferro-alloys worldwide, comprising 29% of global imports. The second position in the ranking was occupied by Japan ($1.7B), with a 8.2% share of global imports. It was followed by the United States, with a 6.3% share.

From 2018 to 2020, the average annual growth rate of value in China stood at +7.3%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-26.6% per year) and the United States (-31.4% per year).

Ferro-Alloys - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
South Africa3.83.32.7-15.4%
Brazil2.93.22.5-7.8%
Kazakhstan2.32.11.7-13.8%
India2.11.71.4-18.9%
Norway1.41.11-16.5%

In value terms, the largest ferro-alloys supplying countries worldwide were South Africa ($2.7B), Brazil ($2.5B) and Kazakhstan ($1.7B), with a combined 34% share of global exports. These countries were followed by India, Norway, Russia, China, Ukraine, Malaysia, the Netherlands, Finland, France and Georgia, which together accounted for a further 33%.

Finland recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced a decline in the exports figures.

Ferro-Alloys - Market Forecast

Driven by rising demand for ferro-alloys worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Ferro-alloys - Product Coverage

  • HS 720211 - Ferro-alloys; ferro-manganese, containing by weight more than 2% of carbon
  • HS 720219 - Ferro-alloys; ferro-manganese, containing by weight 2% or less of carbon
  • HS 720221 - Ferro-alloys; ferro-silicon, containing by weight more than 55% of silicon
  • HS 720229 - Ferro-alloys; ferro-silicon, containing by weight 55% or less of silicon
  • HS 720230 - Ferro-alloys; ferro-silico-manganese
  • HS 720241 - Ferro-alloys; ferro-chromium, containing by weight more than 4% of carbon
  • HS 720249 - Ferro-alloys; ferro-chromium, containing by weight 4% or less of carbon
  • HS 720250 - Ferro-alloys; ferro-silico-chromium
  • HS 720260 - Ferro-alloys; ferro-nickel
  • HS 720270 - Ferro-alloys; ferro-molybdenum
  • HS 720280 - Ferro-alloys; ferro-tungsten and ferro-silico-tungsten
  • HS 720291 - Ferro-alloys; ferro-titanium and ferro-silico-titanium
  • HS 720292 - Ferro-alloys; ferro-vanadium
  • HS 720293 - Ferro-alloys; ferro-niobium
  • HS 720299 - Ferro-alloys; n.e.s. in heading no. 7202

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global ferro-alloys market. 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:

    Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

    + the largest producing countries

    Data coverage:

    • Global market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Global production, split by region and country
    • Global trade (exports and imports)
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Company coverage:

    Nippon Denko Co. ltd., Chelyabinsk Electrometallurgical Plant, Sakura Ferroalloys SDN BHD, FerroGlobe PLC, South32, Assmang, KG DongBu Steel, Vale, Kosaya Gora Iron Works PJSC, Atlas Bronze, Belmont Metals, Midvale Industries, Reade Advanced Materials, CCMA LLC, America Steel Trade, AMETEK Specialty Metal Products Eighty Four, Diversified Industrial Products, Atlantic Equipment Engineers, Inc., Airgas, Hummel Croton Inc., SC Nexus LLC, Malcolm G. Stevens, N.T. Ruddock Co., Kobe Steel USA Inc., Titan International, Advanced Metalworking Practices, North American Minerals Corp., F. W. Winter & Co., Goodrich Manufacturing Co., Metallurg Vanadium, Sotrem-Maltech

    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 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 TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. CONSUMPTION BY COUNTRY
      3. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      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 Exports

      This Chapter is Available Only for the Professional Edition PRO
      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. GLOBAL PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY
    8. 8. GLOBAL IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. GLOBAL EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • United States
      • China
      • Japan
      • Germany
      • United Kingdom
      • France
      • Brazil
      • Italy
      • Russian Federation
      • India
      • Canada
      • Australia
      • Republic of Korea
      • Spain
      • Mexico
      • Indonesia
      • Netherlands
      • Turkey
      • Saudi Arabia
      • Switzerland
      • Sweden
      • Nigeria
      • Poland
      • Belgium
      • Argentina
      • Norway
      • Austria
      • Thailand
      • United Arab Emirates
      • Colombia
      • Denmark
      • South Africa
      • Malaysia
      • Israel
      • Singapore
      • Egypt
      • Philippines
      • Finland
      • Chile
      • Ireland
      • Pakistan
      • Greece
      • Portugal
      • Kazakhstan
      • Algeria
      • Czech Republic
      • Qatar
      • Peru
      • Romania
      • Vietnam
    12. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023
    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023
    Store
    Blog
    Event
    The Best Import Markets for Ferro-Alloys Around the World
    Oct 10, 2023
    Eye 125

    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.

    Ferroalloy Market Outlook 2022-2025: Drivers and Restraints
    Jun 5, 2022
    Eye 2400

    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.

    Global Trade in Ferroalloys to Grow by 35% to $28B This Year
    Dec 13, 2021
    Eye 1569

    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.

    Ferro Alloy Market - Global Exports of Ferro-Alloys on a Decline
    Nov 11, 2016
    Eye 2354

    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 to Continue Rising Due to the Growth of Solar Energy
    Feb 22, 2021
    Eye 916

    Ferrosilicon consumption is expected to continue rising due to the further growth of solar energy.

    Free Data: Ferro-Alloys - World