Report Update Nov 1, 2024

Saudi Arabia - Ferro-Silicon - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Ferro-Silicon Market 2024

Ferro-Silicon Market Size in Saudi Arabia

The Saudi ferro-silicon market shrank markedly to $X in 2022, which is down by -22.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption faced a abrupt downturn. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Ferro-Silicon Exports

Exports from Saudi Arabia

In 2016, shipments abroad of ferro-silicon was finally on the rise to reach X tons for the first time since 2012, thus ending a three-year declining trend. In general, exports, however, continue to indicate a precipitous decrease. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2016, the exports remained at a lower figure.

In value terms, ferro-silicon exports surged to $X in 2016. Overall, exports, however, faced a dramatic setback. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2016, the exports remained at a lower figure.

Exports by Country

Egypt (X tons) was the main destination for ferro-silicon exports from Saudi Arabia, with a 68% share of total exports. Moreover, ferro-silicon exports to Egypt exceeded the volume sent to the second major destination, India (X tons), twofold.

From 2012 to 2016, the average annual rate of growth in terms of volume to Egypt totaled +329.5%.

In value terms, Egypt ($X) remains the key foreign market for ferro-silicon exports from Saudi Arabia, comprising 83% of total exports. The second position in the ranking was held by India ($X), with a 17% share of total exports.

From 2012 to 2016, the average annual growth rate of value to Egypt totaled +736.6%.

Export Prices by Country

The average ferro-silicon export price stood at $X per ton in 2016, growing by 59% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 122%. Over the period under review, the average export prices reached the peak figure in 2016 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2016, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to India stood at $X per ton.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+94.7%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Silicon Imports

Imports into Saudi Arabia

In 2022, the amount of ferro-silicon imported into Saudi Arabia shrank notably to X tons, which is down by -22% compared with the previous year's figure. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 79%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, ferro-silicon imports contracted markedly to $X in 2022. Over the period under review, imports saw a deep setback. The pace of growth appeared the most rapid in 2018 with an increase of 108%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest ferro-silicon supplier to Saudi Arabia, accounting for a 67% share of total imports. Moreover, ferro-silicon imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-2.2% per year) and Germany (-1.3% per year).

In value terms, China ($X) constituted the largest supplier of ferro-silicon to Saudi Arabia, comprising 64% of total imports. The second position in the ranking was taken by India ($X), with a 25% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at -6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-4.1% per year) and Germany (-8.4% per year).

Import Prices by Country

In 2022, the average ferro-silicon import price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the import price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 29%. The import price 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+3.2%), 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 constituted the country with the largest volume of ferro-silicon consumption, comprising approx. 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 constituted the country with the largest volume of ferro-silicon production, 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 Saudi Arabia?

In value terms, Russia constituted the largest supplier of ferro-silicon to Saudi Arabia, comprising 50% of total imports. The second position in the ranking was occupied by Kuwait, with a 20% share of total imports. It was followed by India, with a 10% share.

What are the leading importers of ferro-silicon from Saudi Arabia?

In value terms, the United Arab Emirates remains the key foreign market for ferro-silicon exports from Saudi Arabia, comprising 86% of total exports. The second position in the ranking was occupied by Bahrain, with a 7.3% share of total exports.

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

In 2021, the average ferro-silicon export price amounted to $1,131 per ton, stabilizing at the previous year.

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

The average ferro-silicon import price stood at $1,108 per ton in 2021, growing by 5.1% against the previous year.

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

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023