Report Update Feb 1, 2025

Kuwait - Ferro-Silicon - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Ferro-Silicon Market 2025

Ferro-Silicon Market Size in Kuwait

The Kuwaiti ferro-silicon market was finally on the rise to reach $X in 2022, after three years of decline. Over the period under review, consumption, however, showed a abrupt decrease. Ferro-silicon consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Ferro-Silicon Production in Kuwait

In value terms, ferro-silicon production amounted to less than $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern.

Ferro-Silicon Exports

Exports from Kuwait

In 2022, overseas shipments of ferro-silicon decreased by -50% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2016 with an increase of 376%. The exports peaked at X tons in 2021, and then reduced sharply in the following year.

In value terms, ferro-silicon exports dropped dramatically to $X in 2022. Overall, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of 211% against the previous year. The exports peaked at $X in 2021, and then fell rapidly in the following year.

Exports by Country

Turkey (X tons), India (X tons) and Italy (X tons) were the main destinations of ferro-silicon exports from Kuwait, with a combined 86% share of total exports. Qatar and Saudi Arabia lagged somewhat behind, together comprising a further 14%.

From 2015 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (with a CAGR of +161.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ferro-silicon exported from Kuwait were Saudi Arabia ($X), Turkey ($X) and India ($X), together comprising 84% of total exports. Qatar and Italy lagged somewhat behind, together accounting for a further 16%.

Among the main countries of destination, Qatar, with a CAGR of +135.1%, recorded 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

The average ferro-silicon export price stood at $X per ton in 2022, approximately mirroring the previous year. In general, the export price, however, faced a deep contraction. The pace of growth appeared the most rapid in 2017 an increase of 1.6% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+19.4%), while the prices for the other major destinations experienced a decline.

Ferro-Silicon Imports

Imports into Kuwait

After three years of decline, purchases abroad of ferro-silicon increased by 5,795% to X tons in 2022. Overall, imports, however, faced a dramatic descent. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, ferro-silicon imports surged to $X in 2022. Over the period under review, imports, however, showed a precipitous decline. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main ferro-silicon supplier to Kuwait, accounting for a 98% share of total imports. It was followed by Saudi Arabia (X kg), with a 1.3% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -28.6%.

In value terms, China ($X) constituted the largest supplier of ferro-silicon to Kuwait, comprising 92% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a 2.2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -31.4%.

Import Prices by Country

The average ferro-silicon import price stood at $X per ton in 2022, with a decrease of -20.3% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 an increase of 46%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ferro-silicon in the world?

China remains the largest ferro-silicon consuming country worldwide, accounting for 42% of total volume. Moreover, ferro-silicon consumption in China exceeded the figures recorded by the second-largest consumer, Russia, sixfold. The third position in this ranking was occupied by the United States, with a 6.9% share.

What are the largest producers of ferro-silicon in the world?

China remains the largest ferro-silicon producing country worldwide, accounting for 53% of total volume. Moreover, ferro-silicon production in China exceeded the figures recorded by the second-largest producer, Russia, fourfold. The United States ranked third in terms of total production with a 4.5% share.

What are the leading suppliers of ferro-silicon to Kuwait?

In value terms, China constituted the largest supplier of ferro-silicon to Kuwait, comprising 74% of total imports. The second position in the ranking was occupied by Saudi Arabia, with a 4.9% share of total imports.

What are the leading importers of ferro-silicon from Kuwait?

In value terms, the largest markets for ferro-silicon exported from Kuwait were Lithuania, Saudi Arabia and the Netherlands, with a combined 56% share of total exports. These countries were followed by Italy, Germany, the United Arab Emirates, Oman, Latvia, Spain, the Czech Republic, India, Belarus and Turkey, which together accounted for a further 50%.

What is the average export price for ferro-silicon in Kuwait?

The average ferro-silicon export price stood at $1,142 per ton in 2021, remaining constant against the previous year.

What is the average import price for ferro-silicon in Kuwait?

In 2021, the average ferro-silicon import price amounted to $1,471 per ton, standing approx. at the previous year.

This report provides an in-depth analysis of the ferro-silicon market in Kuwait. 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:

Kuwait

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kuwait
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024