EU: Ferro-Silicon Market 2025

Ferro-Silicon Market Size in the EU

In 2022, the EU ferro-silicon market increased by 71% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption enjoyed buoyant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Ferro-Silicon Production in the EU

In value terms, ferro-silicon production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 19% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Ferro-Silicon Exports

Exports in the EU

Ferro-silicon exports declined to X tons in 2022, waning by -6.8% on 2021. The total export volume increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 32%. As a result, the exports attained the peak of X tons, and then shrank in the following year.

In value terms, ferro-silicon exports soared to $X in 2022. Overall, exports, however, showed resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 85% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

In 2022, the Netherlands (X tons), distantly followed by Germany (X tons), Poland (X tons), France (X tons), Italy (X tons), Belgium (X tons) and Slovakia (X tons) represented the key exporters of ferro-silicon, together generating 86% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Italy (with a CAGR of +19.0%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the largest ferro-silicon supplier in the European Union, comprising 30% of total exports. The second position in the ranking was taken by Germany ($X), with a 14% share of total exports. It was followed by Poland, with a 14% share.

In the Netherlands, ferro-silicon exports increased at an average annual rate of +11.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+5.4% per year) and Poland (+7.3% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, with an increase of 62% against the previous year. Over the period under review, the export price posted a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Italy ($X per ton) and Poland ($X per ton), while France ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.2%), while the other leaders experienced more modest paces of growth.

Ferro-Silicon Imports

Imports in the EU

In 2022, supplies from abroad of ferro-silicon increased by 45% to X tons, rising for the second year in a row after two years of decline. Total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +123.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 54%. The volume of import peaked in 2022 and is likely to continue growth in the near future.

In value terms, ferro-silicon imports skyrocketed to $X in 2022. Overall, imports recorded resilient growth. The growth pace was the most rapid in 2021 when imports increased by 82% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X tons), distantly followed by Italy (X tons), the Netherlands (X tons), Finland (X tons), Belgium (X tons), Spain (X tons), Austria (X tons) and Poland (X tons) were the main importers of ferro-silicon, together creating 83% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Finland (with a CAGR of +14.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ferro-silicon importing markets in the European Union were Germany ($X), the Netherlands ($X) and Italy ($X), with a combined 56% share of total imports.

Italy, with a CAGR of +11.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, rising by 5.6% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 23%. Over the period under review, import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Spain ($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 (+3.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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