U.S. - Ferro-Chromium - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingFerro-Chromium Prices in the United States
U.S. Ferro-Chromium Import Price per Ton in June 2022
In June 2022, the ferro-chromium price per ton stood at $3.6K (CIF, US), increasing by 33% against the previous month. Over the period under review, import price indicated a resilient expansion from January 2022 to June 2022: its price increased at an average monthly rate of +7.2% over the last five months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2022 figures, ferro-chromium import price increased by +83.1% against February 2022 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Kazakhstan ($5.5K per ton), while the price for South Africa ($1.4K per ton) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by Turkey (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Ferro-Chromium Import Prices by Type
As there is only one major imported type of ferro-chromium, the average price level is determined by prices for ferro-alloys; ferro-chromium, containing by weight more than 4% of carbon.
From January 2022 to June 2022, the rate of growth in terms of prices for ferro-alloys; ferro-chromium, containing by weight more than 4% of carbon amounted to +4.2% per month.
U.S. Ferro-Chromium Imports
Ferro-chromium imports into the United States soared to 31K tons in June 2022, with an increase of 135% against May 2022. Overall, imports, however, showed a abrupt slump. The pace of growth was the most pronounced in April 2022 with an increase of 278% against the previous month. As a result, imports attained the peak of 104K tons. From May 2022 to June 2022, the growth of imports remained at a somewhat lower figure.
In value terms, ferro-chromium imports soared to $112M (IndexBox estimates) in June 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 with an increase of 244% month-to-month. As a result, imports reached the peak of $219M. From May 2022 to June 2022, the growth of imports failed to regain momentum.
U.S. Ferro-Chromium Imports by Type
In June 2022, ferro-alloys; ferro-chromium, containing by weight more than 4% of carbon (26K tons) was the main type of ferro-chromium supplied to the United States, with a approximately 100% share of total imports.
From January 2022 to June 2022, the average monthly growth rate of the volume of import of ferro-alloys; ferro-chromium, containing by weight more than 4% of carbon totaled -8.7%.
In value terms, ferro-alloys; ferro-chromium, containing by weight more than 4% of carbon ($70M) constituted the largest type of ferro-chromium supplied to the United States.
U.S. Ferro-Chromium Imports by Country
Kazakhstan (11K tons), South Africa (8K tons) and Finland (5.1K tons) were the main suppliers of ferro-chromium imports to the United States, together comprising 79% of total imports.
From January 2022 to June 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of +111.6%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Kazakhstan ($63M) constituted the largest supplier of ferro-chromium to the United States, comprising 57% of total imports. The second position in the ranking was taken by Russia ($21M), with a 19% share of total imports. It was followed by South Africa, with a 9.9% share.
From January 2022 to June 2022, the average monthly rate of growth in terms of value from Kazakhstan amounted to +12.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Russia (-14.3% per month) and South Africa (+139.6% per month).
This report provides an in-depth analysis of the ferro-chromium 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:
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- 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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- 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: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
285
This report provides an in-depth analysis of the ferro-chromium market in the U.S..
504
This report provides an in-depth analysis of the ferro-alloys market in the U.S..
357
This report provides an in-depth analysis of the ferro-molybdenum market in the U.S..
393
This report provides an in-depth analysis of the ferro-silico-manganese market in the U.S..
259
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in the U.S..
375
This report provides an in-depth analysis of the ferro-manganese market in the U.S..
656
This report provides an in-depth analysis of the ferro-silicon market in the U.S..
1138
This report provides an in-depth analysis of the global ferro-chromium market.
2216
This report provides an in-depth analysis of the global ferro-alloys market.
1038
This report provides an in-depth analysis of the global ferro-molybdenum market.
90
The US ferrous scrap market sees bullish trends due to limited supply and strong domestic demand, with prices expected to rise.
276
From 2015 to 2023, the growth of Ferro-Alloys imports remained at a lower figure. In value terms, Ferro-Alloys imports reduced markedly to $2.9B in 2023.
535
From January 2023 to November 2023, the import growth of Ferro-Alloys remained at a slightly lower figure. In terms of value, Ferro-Alloys imports witnessed a significant decline, reaching $171M in November 2023.
511
Imports of Ferro Manganese sharply declined to $24M in May 2023 in terms of value.
2662
In May 2022, the ferro-silicon price per ton amounted to $2,570 (CIF, US), falling by -31% against the previous month.
879
In 2021, the average import price for ferro-silicon in the U.S. totaled $2,284 per ton, increasing by 85% compared to the figure of 2020.
380
Discover the top import markets for Ferro-Chromium and their impact on the global market. Learn about the key players driving demand for this essential alloy.
607
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.
3355
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.
2371
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.
