China - Ferro-Silicon - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-silicon Price in China - 2023
Contents:
- Price Forecast for Ferro-Silicon in China till 2025
- Ferro-silicon Price in China (FOB) - 2023
- Ferro-silicon Price in China (CIF) - 2023
- China Ferro-silicon Exports
- China Ferro-silicon Imports
Price Forecast for Ferro-Silicon in China till 2025
Ferro-silicon Price in China (FOB) - 2023
In March 2023, the average ferro-silicon export price amounted to $1,627 per ton, almost unchanged from the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 an increase of 15% m-o-m. As a result, the export price attained the peak level of $2,237 per ton. From June 2022 to March 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In March 2023, the countries with the highest prices were Mexico ($1,765 per ton) and the United Arab Emirates ($1,722 per ton), while the average price for exports to India ($1,343 per ton) and Turkey ($1,384 per ton) were amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+0.2%), while the prices for the other major destinations experienced a decline.
Ferro-silicon Price in China (CIF) - 2023
In March 2023, the average ferro-silicon import price amounted to $999 per ton, shrinking by -31.7% against the previous month. Over the period under review, the import price showed a perceptible contraction. The most prominent rate of growth was recorded in April 2022 when the average import price increased by 130% against the previous month. As a result, import price attained the peak level of $3,886 per ton. From May 2022 to March 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was France ($4,428 per ton), while the price for Russia ($1,388 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Malaysia (0.0%), while the prices for the other major suppliers experienced a decline.
China Ferro-silicon Exports
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
|---|---|---|---|---|---|
| Million USD | |||||
| Japan | 166 | 80.0 | 255 | 307 | 22.7% |
| South Korea | 177 | 112 | 194 | 231 | 9.3% |
| Indonesia | 44.2 | 34.6 | 134 | 159 | 53.2% |
| Taiwan (Chinese) | 47.0 | 28.7 | 109 | 130 | 40.4% |
| Thailand | 20.8 | 12.9 | 33.3 | 40.3 | 24.7% |
| Mexico | 11.5 | 8.7 | 24.2 | 28.8 | 35.8% |
| Malaysia | 7.8 | 10.4 | 21.7 | 27.6 | 52.4% |
| India | 34.4 | 19.3 | 18.0 | 26.3 | -8.6% |
| Vietnam | 23.7 | 17.2 | 21.5 | 25.5 | 2.5% |
| Trinidad and Tobago | 7.0 | 7.0 | 9.3 | 17.7 | 36.2% |
| Others | 53.1 | 36.9 | 128 | 335 | 84.8% |
| Total | 592 | 368 | 948 | 1,328 | 30.9% |
Top Export Markets for Ferro-silicon from China 2022:
- Japan (180.7K tons)
- South Korea (150.2K tons)
- Indonesia (91.6K tons)
- Taiwan (Chinese) (73.0K tons)
- Thailand (25.0K tons)
- India (23.9K tons)
- Malaysia (21.7K tons)
- Vietnam (20.0K tons)
- Mexico (13.4K tons)
- Trinidad and Tobago (12.8K tons)
Ferro-silicon exports from China skyrocketed to 746K tons in 2022, increasing by 40% against the previous year's figure. In general, exports recorded a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 61%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, ferro-silicon exports soared to $1.3B in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 158% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
China Ferro-silicon Imports
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
|---|---|---|---|---|---|
| Million USD | |||||
| Norway | 6.6 | 12.4 | 30.4 | 15.9 | 34.1% |
| Netherlands | 10.4 | 1.5 | 0.3 | 5.7 | -18.2% |
| Malaysia | 2.1 | N/A | 2.1 | 1.4 | -12.6% |
| South Korea | 1.9 | 0.5 | 0.1 | 1.2 | -14.2% |
| South Africa | 0.9 | 0.8 | 1.3 | 1.1 | 6.9% |
| France | 1.2 | 0.6 | 0.7 | 1.0 | -5.9% |
| Germany | 0.6 | 0.6 | 2.0 | 1.0 | 18.6% |
| Democratic People's Republic of Korea | 0.5 | 0.5 | 0.8 | 0.4 | -7.2% |
| Taiwan (Chinese) | 0.5 | N/A | 0.4 | N/A | -10.6% |
| Canada | N/A | N/A | 4.3 | N/A | 0% |
| Others | 0.3 | 1.1 | -14.0 | 1.5 | 71.0% |
| Total | 25.2 | 18.0 | 28.3 | 29.2 | 5.0% |
Top Suppliers of Ferro-silicon to China 2022:
- Canada (undefinedK tons)
- Taiwan (Chinese) (undefinedK tons)
- Norway (13.8K tons)
- Netherlands (8.0K tons)
- Malaysia (1.6K tons)
- South Korea (1.5K tons)
- South Africa (1.4K tons)
- France (1.1K tons)
- Germany (0.7K tons)
- Democratic People's Republic of Korea (0.5K tons)
In 2022, approx. 13K tons of ferro-silicon were imported into China; picking up by 3.1% against the year before. Overall, imports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. Over the period under review, imports hit record highs at 15K tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, ferro-silicon imports amounted to $29M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
This report provides an in-depth analysis of the ferro-silicon 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:
- Prodcom 24101230 - Ferro-silicon
- Prodcom 24101235 -
- Prodcom 24101236 -
- Prodcom 24101239 -
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
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.
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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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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
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In value terms, ferro-silicon exports soared to $60M in March 2023
