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

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

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Ferro-silicon market

Ferro-silicon market: find the most recent facts and figures secured by an Ai-driven business intelligence tool. Data contain companies, consumption, market size, imports, trade, production, market prices, and exports. Here is a breakdown by country, including Latin America, the U.K., Russia, EU, the U.S., the Middle East, Africa, and China. Market insights and forecast to 2030 are also provided in the dashboards.

Ferro-silicon - World's Largest Markets

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

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

From 2018 to 2020, the average annual rate of growth in terms of value in China stood at -7.6%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+1.2% per year) and Russia (-8.2% per year).

Ferro-Silicon Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Malaysia13611050950-16.5%
Russia13281206963-14.8%
Bhutan133510051015-12.8%
China131811461061-10.3%
Poland165411451100-18.4%
Brazil184516081176-20.2%
Germany162312791201-14.0%
Iceland147013221261-7.4%
South Africa133812711266-2.7%
France138412231296-3.2%
Norway172313851338-11.9%
Netherlands190714761373-15.1%
Canada170115831486-6.5%
Average146112331153-11.2%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Canada ($1,486 per ton), while Malaysia ($950 per ton) was amongst the lowest.

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

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Netherlands167414541385-9.0%
Japan151513511223-10.2%
Germany156112371201-12.3%
United States161114911172-14.7%
Taiwan (Chinese)149712741143-12.6%
South Korea142911631115-11.7%
Italy166811851111-18.4%
Austria155611321097-16.0%
India141011171091-12.0%
Turkey148012221065-15.2%
Belgium152111031055-16.7%
Russia14111075875-21.3%
Spain879889591-18.0%
Average148512551145-12.2%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the Netherlands ($1,385 per ton), while Spain ($591 per ton) was amongst the lowest.

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

Ferro-Silicon - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Japan0.70.60.4-23.7%
United States0.20.30.317.3%
South Korea0.30.30.2-18.7%
Germany0.40.30.2-23.6%
India0.30.20.2-11.0%

In value terms, the largest ferro-silicon importing markets worldwide were Japan ($412M), the United States ($251M) and South Korea ($230M), with a combined 31% share of global imports.

The United States saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.

Ferro-Silicon - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Russia0.60.50.4-20.9%
Norway0.40.30.4-3.3%
China0.80.40.3-39.7%
Netherlands0.20.10.319.6%
Brazil0.20.20.21.0%

In value terms, the largest ferro-silicon supplying countries worldwide were Russia ($355M), Norway ($355M) and China ($293M), with a combined 37% share of global exports. The Netherlands, Brazil, Malaysia, Iceland, Bhutan, Germany, Poland, France, Canada and South Africa lagged somewhat behind, together accounting for a further 47%.

The Netherlands recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Ferro-Silicon - Market Forecast

Driven by rising demand for ferro-silicon 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-Silicon - Top Companies

Dongguan Dazhou Iron & Steel Co., Ltd., NIPPON STEEL & SUMITOMO METAL CORPORATION, Baoshan Iron & Steel Co., Ltd., Shougang Group Corporation, JFE STEEL CORPORATION, TATA STEEL LIMITED, Nucor Corporation, Hyundai Steel Company, KOBE STEEL, LTD., Hesteel Company Limited, Jiangsu Shagang Group Co., Ltd., Wugang Group Co., Ltd., Shandong Iron & Steel Group Co., Ltd., Jiuquan Iron And Steel (Group) Co., Ltd., Angang Steel Company Limited, United States Steel Corp, CHINA STEEL CORPORATION, Hunan Valin Iron & Steel Group Co., Ltd., Maanshan Iron & Steel Company Limited, Anshan Iron and Steel Group Co., Ltd.

Ferro-silicon - Product Coverage

  • 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

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global ferro-silicon 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:

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

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:

Kuznetskie Ferroalloys, Elkem Rana AS, OM Sarawak SDN. BHD., Chelyabinsk Electrometallurgical Plant, Finnfjord Smelteverk, Mechel, Iran Ferroalloy Industries Company, Zaporozhye Ferro Alloys Plant, Huta Laziska SA, Ferroglobe PLC, Egyptian Ferro Alloys Company, Pertama Ferroalloys Sdn. Bhd., OFZ, Novolipetsk Steel, Iran Ferrosilice Company, Kuwait Ferro Alloys, Washington Mills, Noah Chemicals, Chemalloy Co., Mil-Spec Industries, Barite0, C&C Metal Products

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
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Blog
Event
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.

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

Free Data: Ferro-Silicon - World