India - Ferro-Chromium - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingFerro-Chromium Price in India - 2023
Contents:
- Ferro-Chromium Price in India (FOB) - 2023
- Ferro-Chromium Price in India (CIF) - 2023
- Ferro-Chromium Exports in India
- Ferro-Chromium Imports in India
Ferro-Chromium Price in India (FOB) - 2023
The average ferro-chromium export price stood at $1,391 per ton in September 2023, flattening at the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average export price increased by 8.4% against the previous month. The export price peaked at $1,460 per ton in June 2023; however, from July 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In September 2023, the highest price was recorded for prices to the Netherlands ($1,685 per ton) and the United States ($1,649 per ton), while the average price for exports to China ($1,273 per ton) and South Korea ($1,352 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Chromium Price in India (CIF) - 2023
The average ferro-chromium import price stood at $2,865 per ton in September 2023, approximately reflecting the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 29% against the previous month. As a result, import price reached the peak level of $4,087 per ton. From August 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Estonia ($4,811 per ton), while the price for South Africa ($888 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Chromium Exports in India
In 2022, exports of ferro-chromium from India dropped to 694K tons, with a decrease of -7.9% on the previous year's figure. Overall, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 8.8% against the previous year.
In value terms, ferro-chromium exports soared to $937M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ferro-Chromium in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 357 | 295 | 298 | 380 | 2.1% |
| South Korea | 191 | 133 | 137 | 164 | -5.0% |
| Indonesia | 13.3 | 25.0 | 105 | 97.5 | 94.3% |
| Japan | 82.0 | 42.9 | 54.3 | 94.0 | 4.7% |
| Taiwan (Chinese) | 51.0 | 45.8 | 63.9 | 69.1 | 10.7% |
| Netherlands | 13.4 | 6.0 | 3.9 | 23.9 | 21.3% |
| Mexico | 11.8 | 6.0 | 2.7 | 16.6 | 12.0% |
| Others | 78.6 | 49.1 | 36.2 | 91.9 | 5.3% |
| Total | 797 | 603 | 700 | 937 | 5.5% |
Top Export Markets for Ferro-Chromium from India in 2022:
- China (295.0K tons)
- South Korea (113.8K tons)
- Indonesia (77.2K tons)
- Japan (59.6K tons)
- Taiwan (Chinese) (51.3K tons)
- Netherlands (21.7K tons)
- Mexico (11.4K tons)
Ferro-Chromium Imports in India
In 2022, purchases abroad of ferro-chromium decreased by -1.8% to 33K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 34% against the previous year. As a result, imports attained the peak of 38K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, ferro-chromium imports soared to $102M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Chromium in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 35.4 | 39.4 | 6.8 | 40.6 | 4.7% |
| Switzerland | 0.6 | 1.1 | 2.1 | 10.6 | 160.4% |
| Albania | 1.7 | 0.3 | 6.3 | 10.5 | 83.5% |
| Turkey | 4.8 | 3.9 | 11.6 | 9.7 | 26.4% |
| Russia | 8.8 | 10.0 | 15.9 | 6.9 | -7.8% |
| Sweden | N/A | N/A | 1.1 | 5.6 | 409.1% |
| Kazakhstan | 1.6 | 3.0 | 0.9 | 3.8 | 33.4% |
| Brazil | 1.8 | 2.8 | 4.0 | 2.7 | 14.5% |
| Others | 4.5 | 4.0 | 13.3 | 11.2 | 35.5% |
| Total | 59.4 | 64.5 | 61.9 | 102 | 19.7% |
Top Suppliers of Ferro-Chromium to India in 2022:
- China (10.2K tons)
- Switzerland (6.7K tons)
- Turkey (3.0K tons)
- Kazakhstan (2.6K tons)
- Albania (2.3K tons)
- Russia (1.9K tons)
- Sweden (1.7K tons)
- Brazil (1.0K tons)
This report provides an in-depth analysis of the ferro-chromium market in India. 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 2030.
Product coverage:
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
408
This report provides an in-depth analysis of the ferro-chromium market in India.
992
This report provides an in-depth analysis of the ferro-alloys market in India.
50
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in India.
1392
This report provides an in-depth analysis of the ferro-silicon market in India.
579
This report provides an in-depth analysis of the ferro-manganese market in India.
231
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in India.
1317
This report provides an in-depth analysis of the ferro-silico-manganese market in India.
1377
This report provides an in-depth analysis of the ferro-molybdenum market in India.
1565
This report provides an in-depth analysis of the global ferro-chromium market.
2433
This report provides an in-depth analysis of the global ferro-alloys market.
413
In November 2022, the ferro-alloys price stood at $1,186 per ton (FOB, India), with an increase of 4.1% against the previous month.
569
In February 2023, the ferrosilicon price amounted to $1,712 per ton (CIF, India), growing by 6.6% against the previous month.
301
In November 2022, ferro-manganese price per ton (FOB, India) was $1,171, a 2% increase from the previous month
669
In October 2022, the ferro-manganese price amounted to $1,148 per ton (FOB, India), declining by -9.9% against the previous month.
101
Discover the top import markets for Ferro-Chromium and their impact on the global market. Learn about the key players driving demand for this essential alloy.
167
China dominates the world market for ferro-alloys, importing a staggering $9.8 billion worth of these alloys in 2022. The United States, Japan, Indonesia, Germany, the Netherlands, Italy, South Korea, Turkey, and India are also major importers of ferro-alloys, driven by their respective manufacturing sectors and domestic consumption.
2596
The conflict between Russia and Ukraine has had a significant impact on the ferroalloy industry. The main producing regions of ferroalloys are located in Eastern Europe, which has been affected by the conflict.
1702
Throughout January-September 2021, global ferroalloy trade totalled $11.8B, increasing by +36% compared to the same period last year. This spike was caused by growing prices, as imports in physical terms remained nearly unchanged against the previous year’s figures. China tops the ferroalloy importer ranking with 29% of the total value, followed by Japan and the U.S. The average ferroalloy import price in September 2021 was estimated at $2.5 per kg, a 56%-increase compared to those of September 2020.
2405
The global trade in ferro-alloys amounted to X 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 th
98
Explore the top import markets for ferro-silicon and delve into the key statistics and numbers behind these markets. Learn about the demand drivers and trends in these key markets.
