Ferro-silicon Market

Ferro-silicon market: find the most recent facts and figures secured by an Ai-driven business intelligence tool. Data contain companies, consumption, market size, imports, trade, production, market prices, and exports. Here is a breakdown by country, including Latin America, the U.K., Russia, EU, the U.S., the Middle East, Africa, and China. Market insights and forecast to 2030 are also provided in the dashboards.


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Ferro-silicon - World's Largest Markets

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

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

From 2018 to 2020, the average annual rate of growth in terms of value in China stood at -7.6%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+1.2% per year) and Russia (-8.2% per year).

Ferro-Silicon Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Malaysia13611050950-16.5%
Russia13281206963-14.8%
Bhutan133510051015-12.8%
China131811461061-10.3%
Poland165411451100-18.4%
Brazil184516081176-20.2%
Germany162312791201-14.0%
Iceland147013221261-7.4%
South Africa133812711266-2.7%
France138412231296-3.2%
Norway172313851338-11.9%
Netherlands190714761373-15.1%
Canada170115831486-6.5%
Average146112331153-11.2%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Canada ($1,486 per tonne), while Malaysia ($950 per tonne) was amongst the lowest.

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

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Netherlands167414541385-9.0%
Japan151513511223-10.2%
Germany156112371201-12.3%
United States161114911172-14.7%
Taiwan (Chinese)149712741143-12.6%
South Korea142911631115-11.7%
Italy166811851111-18.4%
Austria155611321097-16.0%
India141011171091-12.0%
Turkey148012221065-15.2%
Belgium152111031055-16.7%
Russia14111075875-21.3%
Spain879889591-18.0%
Average148512551145-12.2%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the Netherlands ($1,385 per tonne), while Spain ($591 per tonne) was amongst the lowest.

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

Ferro-Silicon - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Japan0.70.60.4-23.7%
United States0.20.30.317.3%
South Korea0.30.30.2-18.7%
Germany0.40.30.2-23.6%
India0.30.20.2-11.0%

In value terms, the largest ferro-silicon importing markets worldwide were Japan ($412M), the United States ($251M) and South Korea ($230M), with a combined 31% share of global imports.

The United States saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.

Ferro-Silicon - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Russia0.60.50.4-20.9%
Norway0.40.30.4-3.3%
China0.80.40.3-39.7%
Netherlands0.20.10.319.6%
Brazil0.20.20.21.0%

In value terms, the largest ferro-silicon supplying countries worldwide were Russia ($355M), Norway ($355M) and China ($293M), with a combined 37% share of global exports. The Netherlands, Brazil, Malaysia, Iceland, Bhutan, Germany, Poland, France, Canada and South Africa lagged somewhat behind, together accounting for a further 47%.

The Netherlands recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Ferro-Silicon - Market Forecast

Driven by rising demand for ferro-silicon 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-Silicon - Top Companies

Dongguan Dazhou Iron & Steel Co., Ltd., NIPPON STEEL & SUMITOMO METAL CORPORATION, Baoshan Iron & Steel Co., Ltd., Shougang Group Corporation, JFE STEEL CORPORATION, TATA STEEL LIMITED, Nucor Corporation, Hyundai Steel Company, KOBE STEEL, LTD., Hesteel Company Limited, Jiangsu Shagang Group Co., Ltd., Wugang Group Co., Ltd., Shandong Iron & Steel Group Co., Ltd., Jiuquan Iron And Steel (Group) Co., Ltd., Angang Steel Company Limited, United States Steel Corp, CHINA STEEL CORPORATION, Hunan Valin Iron & Steel Group Co., Ltd., Maanshan Iron & Steel Company Limited, Anshan Iron and Steel Group Co., Ltd.

Ferro-silicon - Product Coverage

  • 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
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World - Ferro-Silicon - Market Analysis, Forecast, Size, Trends and Insights
$499

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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