Slovenia: Ferro-Silicon Market 2025

Ferro-Silicon Market Size in Slovenia

In 2022, the Slovene ferro-silicon market increased by 30% to $X, rising for the second year in a row after two years of decline. In general, consumption enjoyed a strong increase. Ferro-silicon consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Ferro-Silicon Exports

Exports from Slovenia

In 2022, the amount of ferro-silicon exported from Slovenia reduced sharply to X tons, which is down by -21.6% against the year before. Overall, total exports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.1% 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 +9.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 39% against the previous year. As a result, the exports reached the peak of X tons, and then dropped notably in the following year.

In value terms, ferro-silicon exports surged to $X in 2022. In general, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% 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 +90.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Italy (X tons), Germany (X tons) and Hungary (X tons) were the main destinations of ferro-silicon exports from Slovenia, with a combined 57% share of total exports. The Czech Republic, Poland, Austria, Serbia, Croatia and Bulgaria lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +27.2%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Hungary ($X) and the Czech Republic ($X) constituted the largest markets for ferro-silicon exported from Slovenia worldwide, together accounting for 53% of total exports.

The Czech Republic, with a CAGR of +28.7%, saw the highest rates of growth with regard to 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

The average ferro-silicon export price stood at $X per ton in 2022, jumping by 51% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-silicon export price increased by +84.1% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Italy ($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 Hungary (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Silicon Imports

Imports into Slovenia

In 2022, the amount of ferro-silicon imported into Slovenia soared to X tons, surging by 16% compared with the previous year. Overall, imports recorded a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 94% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, ferro-silicon imports skyrocketed to $X in 2022. Over the period under review, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 99% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Italy (X tons), Slovakia (X tons) and the Netherlands (X tons) were the main suppliers of ferro-silicon imports to Slovenia, together comprising 61% of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +69.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ferro-silicon suppliers to Slovenia were Italy ($X), Slovakia ($X) and India ($X), with a combined 63% share of total imports.

Slovakia, with a CAGR of +59.9%, recorded the highest growth rate of 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-silicon import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price, however, showed a perceptible downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 28%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform