World - Ferro Alloys - Market Analysis, Forecast, Size, Trends and Insights
Ferro Alloy Market - Global Exports of Ferro-Alloys on a Decline
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The global trade in ferro-alloys amounted to 20,009 million USD in 2015, fluctuating wildly over the period under review. A plunge in 2009 was followed by recovery over the next two years, until exports decreased again. Exports continued falling for the remainder of the period under review, with the exception of a brief reversal in 2014. Overall, there was an annual decrease of approx. -4% from 2007 to 2015.
According to IndexBox estimates, South Africa continued to dominate in the global supplies of ferro-alloys. In 2015, South Africa's exports of ferro-alloys totaled 2,804 million USD, which accounted for a 14% share of global exports. Brazil, Kazakhstan, India, and Russia were the other key global suppliers of ferro-alloys in 2015, with a 31% combined share of global exports.
India (+6.0% per year) and Brazil (+5.6% per year) were the only key suppliers with a positive rate of growth on the global ferro alloy market from 2007 to 2015. Brazil increased its share of global exports of ferro-alloys by +6 percentage points.
On the other hand, China (20%, based on value terms), Japan (10%), USA (10%), Germany (7%), and Korea (6%) were the leading destinations of imports of ferro-alloys in 2015. Imports to China grew at a pace of +8.2% per year from 2007 to 2015, while the balance of key importers contracted their imports. China increased its share of global imports increased significantly, while the share of Germany illustrated negative dynamics.
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- ferro alloy market share
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Source: IndexBox AI Platform
This report provides an in-depth analysis of the global ferroalloys market. 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 2025.
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The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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