SADC: Ferro-Alloys Market 2025

Ferro-Alloys Market Size in SADC

In 2022, the SADC ferro-alloys market increased by X% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption recorded a buoyant expansion. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Ferro-Alloys Production in SADC

In value terms, ferro-alloys production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production showed a mild reduction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Ferro-Alloys Exports

Exports in SADC

In 2022, shipments abroad of ferro-alloys increased by X% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, ferro-alloys exports soared to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. Zimbabwe (X tons) and Zambia (X tons) followed a long way behind the leaders.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of ferro-alloys. At the same time, Zambia (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, Zimbabwe (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest ferro-alloys supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Zimbabwe ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa totaled X%. In the other countries, the average annual rates were as follows: Zimbabwe (X% per year) and Zambia (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, increasing by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Zambia ($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 Africa (X%), while the other leaders experienced a decline in the export price figures.

Ferro-Alloys Imports

Imports in SADC

In 2022, overseas purchases of ferro-alloys increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, ferro-alloys imports soared to $X in 2022. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

Mozambique prevails in imports structure, amounting to X tons, which was approx. X% of total imports in 2022. It was distantly followed by South Africa (X tons), making up a X% share of total imports.

Mozambique was also the fastest-growing in terms of the ferro-alloys imports, with a CAGR of X% from 2012 to 2022. At the same time, South Africa (X%) displayed positive paces of growth. Mozambique (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Mozambique ($X) constitutes the largest market for imported ferro-alloys in SADC, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with a X% share of total imports.

In Mozambique, ferro-alloys imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, saw a deep downturn. The pace of growth was the most pronounced in 2018 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 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 South Africa ($X per ton), while Mozambique stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Source: IndexBox Platform