Egypt: Ferro-Silicon Market 2025

Ferro-Silicon Market Size in Egypt

The Egyptian ferro-silicon market surged to $X in 2022, rising by 47% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Ferro-Silicon Production in Egypt

In value terms, ferro-silicon production amounted to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 14% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Ferro-Silicon Exports

Exports from Egypt

In 2022, the amount of ferro-silicon exported from Egypt fell sharply to X tons, dropping by -16.4% against the year before. Overall, exports, however, posted prominent growth. The pace of growth was the most pronounced in 2019 when exports increased by 310%. Over the period under review, the exports hit record highs at X tons in 2021, and then contracted sharply in the following year.

In value terms, ferro-silicon exports surged to $X in 2022. In general, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 316% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Italy (X tons), the Netherlands (X tons) and Libya (X tons) were the main destinations of ferro-silicon exports from Egypt, together comprising 78% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +37.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ferro-silicon exported from Egypt were Italy ($X), the Netherlands ($X) and Libya ($X), together comprising 78% of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +41.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average ferro-silicon export price amounted to $X per ton, picking up by 44% against the previous year. In general, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-silicon export price increased by +97.0% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Poland ($X per ton) and Libya ($X per ton), while the average price for exports to the UK ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Silicon Imports

Imports into Egypt

In 2022, overseas purchases of ferro-silicon were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ferro-silicon imports skyrocketed to $X in 2022. Over the period under review, imports recorded buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest ferro-silicon supplier to Egypt, accounting for a 61% share of total imports. Moreover, ferro-silicon imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. Turkey (X tons) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +52.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+58.5% per year) and Turkey (+25.1% per year).

In value terms, China ($X), India ($X) and Turkey ($X) constituted the largest ferro-silicon suppliers to Egypt, with a combined 92% share of total imports.

India, with a CAGR of +60.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average ferro-silicon import price amounted to $X per ton, picking up by 77% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-silicon import price increased by +101.5% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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