Ferro-alloys Market

Ferro-alloys market: get the latest data featured by an Ai-driven BI tool. Information provide market size, companies, trade, consumption, market prices, exports, imports, and production. Here is a split by country, including the U.S., the U.K., Africa, Russia, EU, the Middle East, China, and Latin America. Market dynamics and outlook to 2030 are also provided in the reports.


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Ferro-alloys - World's Largest Markets

RatingCountry
1China
2Japan
3Russia
4United States
5India

In value terms, China led the market, alone. The second position in the ranking was occupied by Japan. It was followed by Russia.

In China, the ferro-alloys market shrank by an average annual rate of -2.8% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Japan (-14.8% per year) and Russia (-8.4% per year).

Ferro-Alloys Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
South Africa918816759-9.1%
India11401011904-11.0%
Malaysia12451017932-13.5%
Georgia11821104987-8.6%
France148511241041-16.3%
Ukraine108110921053-1.3%
Finland113612371126-0.4%
Kazakhstan153413071147-13.5%
Norway150013461243-9.0%
Russia195114991346-16.9%
China208617741490-15.5%
Netherlands232122031809-11.7%
Brazil664162814732-15.6%
Average173915781419-9.7%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Brazil ($4,732 per tonne), while South Africa ($759 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Finland, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
India207818761892-4.6%
United States214017701602-13.5%
Spain198317001584-10.6%
Germany223118981570-16.1%
Belgium187816631549-9.2%
China179716821542-7.4%
Italy190316831497-11.3%
Netherlands154015471427-3.7%
Taiwan (Chinese)140716231402-0.2%
Japan175815631393-11.0%
South Korea181416241374-13.0%
Turkey151313461150-12.8%
Indonesia118112031014-7.3%
Average182716551473-10.2%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was India ($1,892 per tonne), while Indonesia ($1,014 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other global leaders experienced a decline in the import price figures.

Ferro-Alloys - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China5.16.35.97.3%
Japan3.12.51.7-26.6%
United States2.72.11.3-31.4%
Germany2.11.61.2-25.9%
South Korea1.91.61.1-24.1%

In value terms, China ($5.9B) constitutes the largest market for imported ferro-alloys worldwide, comprising 29% of global imports. The second position in the ranking was occupied by Japan ($1.7B), with a 8.2% share of global imports. It was followed by the United States, with a 6.3% share.

From 2018 to 2020, the average annual growth rate of value in China stood at +7.3%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-26.6% per year) and the United States (-31.4% per year).

Ferro-Alloys - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
South Africa3.83.32.7-15.4%
Brazil2.93.22.5-7.8%
Kazakhstan2.32.11.7-13.8%
India2.11.71.4-18.9%
Norway1.41.11-16.5%

In value terms, the largest ferro-alloys supplying countries worldwide were South Africa ($2.7B), Brazil ($2.5B) and Kazakhstan ($1.7B), with a combined 34% share of global exports. These countries were followed by India, Norway, Russia, China, Ukraine, Malaysia, the Netherlands, Finland, France and Georgia, which together accounted for a further 33%.

Finland recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced a decline in the exports figures.

Ferro-Alloys - Market Forecast

Driven by rising demand for ferro-alloys worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Ferro-alloys - Product Coverage

  • HS 720211 - Ferro-alloys; ferro-manganese, containing by weight more than 2% of carbon
  • HS 720219 - Ferro-alloys; ferro-manganese, containing by weight 2% or less of carbon
  • HS 720221 - Ferro-alloys; ferro-silicon, containing by weight more than 55% of silicon
  • HS 720229 - Ferro-alloys; ferro-silicon, containing by weight 55% or less of silicon
  • HS 720230 - Ferro-alloys; ferro-silico-manganese
  • HS 720241 - Ferro-alloys; ferro-chromium, containing by weight more than 4% of carbon
  • HS 720249 - Ferro-alloys; ferro-chromium, containing by weight 4% or less of carbon
  • HS 720250 - Ferro-alloys; ferro-silico-chromium
  • HS 720260 - Ferro-alloys; ferro-nickel
  • HS 720270 - Ferro-alloys; ferro-molybdenum
  • HS 720280 - Ferro-alloys; ferro-tungsten and ferro-silico-tungsten
  • HS 720291 - Ferro-alloys; ferro-titanium and ferro-silico-titanium
  • HS 720292 - Ferro-alloys; ferro-vanadium
  • HS 720293 - Ferro-alloys; ferro-niobium
  • HS 720299 - Ferro-alloys; n.e.s. in heading no. 7202
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World - Ferro-Alloys - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global ferro-alloys market.

South-Eastern Asia - Ferro-Alloys - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the ferro-alloys market in South-Eastern Asia.

Africa - Ferro-Alloys - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the ferro-alloys market in Africa.

Eastern Asia - Ferro-Alloys - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the ferro-alloys market in Eastern Asia.

Australia and Oceania - Ferro-Alloys - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the ferro-alloys market in Australia and Oceania.

Southern Asia - Ferro-Alloys - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the ferro-alloys market in Southern Asia.

Central Asia - Ferro-Alloys - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the ferro-alloys market in Central Asia.

Middle East - Ferro-Alloys - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the ferro-alloys market in the Middle East.

Northern America - Ferro-Alloys - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the ferro-alloys market in Northern America.

Latin America and the Caribbean - Ferro-Alloys - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the ferro-alloys market in Latin America and the Caribbean.

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