South-Eastern Asia: Ferro-Alloys Market 2025

Ferro-Alloys Market Size in South-Eastern Asia

In 2022, the Southeast Asian 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 buoyant increase. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in the immediate term.

Ferro-Alloys Production in South-Eastern Asia

In value terms, ferro-alloys production shrank to $X in 2022 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Ferro-Alloys Exports

Exports in South-Eastern Asia

In 2022, the amount of ferro-alloys exported in South-Eastern Asia shrank slightly to X tons, reducing by X% compared with the previous year's figure. Overall, exports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, ferro-alloys exports expanded modestly to $X in 2022. Over the period under review, exports, however, showed prominent growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Malaysia (X tons) represented the largest exporter of ferro-alloys, making up X% of total exports. It was distantly followed by Indonesia (X tons) and Vietnam (X tons), together achieving a X% share of total exports. Myanmar (X tons) and Thailand (X tons) followed a long way behind the leaders.

Malaysia was also the fastest-growing in terms of the ferro-alloys exports, with a CAGR of X% from 2012 to 2022. At the same time, Thailand (X%), Myanmar (X%) and Indonesia (X%) displayed positive paces of growth. By contrast, Vietnam (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.), Myanmar (X p.p.) and Thailand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Indonesia (X p.p.) and Vietnam (X p.p.) displayed negative dynamics.

In value terms, the largest ferro-alloys supplying countries in South-Eastern Asia were Malaysia ($X), Indonesia ($X) and Myanmar ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Malaysia, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the export price in South-Eastern Asia amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (X%), while the other leaders experienced mixed trends in the export price figures.

Ferro-Alloys Imports

Imports in South-Eastern Asia

For the third year in a row, South-Eastern Asia recorded growth in purchases abroad of ferro-alloys, which increased by X% to X tons in 2022. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, ferro-alloys imports surged to $X in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Indonesia dominates imports structure, finishing at X tons, which was near X% of total imports in 2022. Thailand (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (X%) and Malaysia (X%). The Philippines (X tons) followed a long way behind the leaders.

Indonesia 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, the Philippines (X%), Vietnam (X%), Malaysia (X%) and Thailand (X%) displayed positive paces of growth. While the share of Indonesia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Philippines (X p.p.), Vietnam (X p.p.), Malaysia (X p.p.) and Thailand (X p.p.) displayed negative dynamics.

In value terms, Indonesia ($X) constitutes the largest market for imported ferro-alloys in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Indonesia stood at X%. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Vietnam (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, jumping by X% against the previous year. Import price indicated a modest expansion 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 import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Indonesia ($X per ton) and Thailand ($X per ton), while the Philippines ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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