Southern Asia: Ferro-Alloys Market 2025

Ferro-Alloys Market Size in Southern Asia

In 2022, the South Asian ferro-alloys market decreased by X% to $X, falling for the third year in a row after four years of growth. The total consumption indicated temperate growth 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, consumption decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Ferro-Alloys Production in Southern Asia

In value terms, ferro-alloys production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2021, and then shrank in the following year.

Ferro-Alloys Exports

Exports in Southern Asia

In 2022, overseas shipments of ferro-alloys increased by X% to X tons, rising for the second year in a row after two years of decline. Total exports indicated pronounced growth 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 pace of growth appeared the most rapid in 2021 when exports increased by X%. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, ferro-alloys exports surged to $X in 2022. In general, exports saw a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

India dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. Bhutan (X tons) held a relatively small share of total exports.

India 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, Bhutan (X%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at X%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Bhutan stood at $X per ton.

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

Ferro-Alloys Imports

Imports in Southern Asia

In 2022, the amount of ferro-alloys imported in Southern Asia fell to X tons, dropping by X% against the previous year. Total imports indicated tangible growth 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, ferro-alloys imports expanded sharply to $X in 2022. In general, imports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

India dominates imports structure, finishing at X tons, which was near X% of total imports in 2022. It was distantly followed by Pakistan (X tons), generating a X% share of total imports. Bangladesh (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to ferro-alloys imports into India stood at X%. At the same time, Bangladesh (X%) and Pakistan (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. While the share of Pakistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of India (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In India, ferro-alloys imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Pakistan (X% per year) and Bangladesh (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, jumping by X% against the previous year. Import price indicated a notable 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 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 India ($X per ton), while Bangladesh ($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 (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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