Netherlands: Ferro-Alloys Market 2024

Ferro-Alloys Market Size in the Netherlands

In 2022, the Dutch ferro-alloys market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption enjoyed a perceptible increase. Ferro-alloys consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Ferro-Alloys Production in the Netherlands

In value terms, ferro-alloys production shrank significantly to $X in 2022 estimated in export price. In general, production, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then dropped notably in the following year.

Ferro-Alloys Exports

Exports from the Netherlands

In 2022, overseas shipments of ferro-alloys increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, total exports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, ferro-alloys exports soared to $X in 2022. In general, exports posted a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

Germany (X tons) was the main destination for ferro-alloys exports from the Netherlands, accounting for a X% share of total exports. Moreover, ferro-alloys exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), twofold. Belgium (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Belgium (X% per year).

In value terms, Germany ($X), Italy ($X) and Belgium ($X) were the largest markets for ferro-alloys exported from the Netherlands worldwide, together accounting for X% of total exports. France, Sweden, Austria, Spain, Luxembourg and the United States lagged somewhat behind, together accounting for a further X%.

Luxembourg, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination 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-alloys export price amounted to $X per ton, rising by X% against the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-alloys export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 Sweden ($X per ton), while the average price for exports to Luxembourg ($X per ton) was amongst the lowest.

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

Ferro-Alloys Imports

Imports into the Netherlands

In 2022, overseas purchases of ferro-alloys increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, ferro-alloys imports skyrocketed to $X in 2022. In general, imports showed a notable increase. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Norway (X tons), South Africa (X tons) and Iceland (X tons) were the main suppliers of ferro-alloys imports to the Netherlands, together accounting for X% of total imports. Finland, India, Zimbabwe, South Korea, Kazakhstan, Poland, Colombia, Russia, Latvia and Brazil lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ferro-alloys suppliers to the Netherlands were Norway ($X), South Korea ($X) and Iceland ($X), with a combined X% share of total imports. South Africa, India, Brazil, Finland, Russia, Zimbabwe, Kazakhstan, Poland, Latvia and Colombia lagged somewhat behind, together comprising a further X%.

Finland, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average ferro-alloys import price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the import price, however, enjoyed moderate growth. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton, and then fell in the following year.

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

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

Source: IndexBox Platform

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