India - Ferro-Silicon - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Silicon Price in India - 2023
Contents:
- Ferro-Silicon Price in India (CIF) - 2023
- Ferro-Silicon Price in India (FOB) - 2023
- Ferro-Silicon Imports in India
- Ferro-Silicon Exports in India
Ferro-Silicon Price in India (CIF) - 2023
In September 2023, the average ferro-silicon import price amounted to $1,424 per ton, approximately equating the previous month. Over the period under review, the import price recorded a noticeable descent. The pace of growth appeared the most rapid in February 2023 an increase of 6.6% month-to-month. The import price peaked at $1,939 per ton in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Norway ($2,489 per ton), while the price for Bhutan ($1,215 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 South Africa (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Ferro-Silicon Price in India (FOB) - 2023
In September 2023, the average ferro-silicon export price amounted to $1,824 per ton, almost unchanged from the previous month. Over the period under review, the export price recorded a slight descent. The most prominent rate of growth was recorded in May 2023 an increase of 8.2% against the previous month. The export price peaked at $2,155 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Slovenia ($2,505 per ton), while the average price for exports to Malaysia ($1,195 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+0.6%), while the prices for the other major destinations experienced a decline.
Ferro-Silicon Imports in India
In 2022, approx. 119K tons of ferro-silicon were imported into India; growing by 36% on 2021 figures. Over the period under review, imports showed resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 56%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, ferro-silicon imports skyrocketed to $140M in 2022. In general, imports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 56% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Ferro-Silicon in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 25.5 | 9.2 | 16.9 | 53.4 | 27.9% |
| Malaysia | 15.2 | 12.7 | 10.5 | 16.1 | 1.9% |
| Norway | 6.1 | 5.2 | 9.6 | 11.7 | 24.2% |
| Netherlands | 2.3 | 5.3 | 4.5 | 10.0 | 63.2% |
| France | 8.2 | 4.4 | 7.0 | 6.4 | -7.9% |
| South Africa | 7.7 | 4.7 | 5.8 | 4.2 | -18.3% |
| Kazakhstan | N/A | 2.9 | 2.7 | 0.5 | -58.5% |
| Russia | 4.4 | 7.5 | 13.4 | N/A | 74.5% |
| Iceland | 2.7 | 0.7 | 6.8 | N/A | 58.7% |
| Others | 13.2 | 13.5 | 26.3 | 37.5 | 41.6% |
| Total | 85.4 | 66.3 | 103 | 140 | 17.9% |
Top Suppliers of Ferro-Silicon to India in 2022:
- China (60.7K tons)
- Malaysia (14.6K tons)
- Norway (5.1K tons)
- Netherlands (5.0K tons)
- France (3.6K tons)
- South Africa (3.2K tons)
- Kazakhstan (0.5K tons)
Ferro-Silicon Exports in India
In 2022, approx. 30K tons of ferro-silicon were exported from India; rising by 69% against the previous year's figure. In general, exports enjoyed resilient growth. The growth pace was the most rapid in 2021 with an increase of 71% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, ferro-silicon exports soared to $72M in 2022. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 137% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Ferro-Silicon in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.8 | 0.8 | 1.7 | 12.7 | 91.8% |
| Netherlands | 0.3 | 0.1 | 1.0 | 7.8 | 196.2% |
| Egypt | 1.6 | N/A | 0.2 | 6.5 | 59.6% |
| United States | 1.3 | 0.6 | 2.4 | 3.9 | 44.2% |
| Libya | N/A | N/A | N/A | 2.9 | 0% |
| Slovenia | 1.3 | 0.9 | 2.0 | 2.8 | 29.1% |
| Spain | 0.2 | 0.2 | 0.1 | 2.8 | 141.0% |
| United Arab Emirates | 0.9 | 1.4 | 5.9 | 2.6 | 42.4% |
| Nigeria | 0.4 | 0.4 | 1.3 | 2.6 | 86.6% |
| Saudi Arabia | 0.9 | 0.4 | 1.6 | 2.3 | 36.7% |
| Turkey | 0.6 | 0.8 | 1.7 | 2.1 | 51.8% |
| Mexico | 0.3 | 1.0 | 0.9 | 1.7 | 78.3% |
| Qatar | N/A | N/A | N/A | 1.3 | 0% |
| Others | 15.6 | 7.5 | 14.9 | 19.7 | 8.1% |
| Total | 25.2 | 14.2 | 33.7 | 71.6 | 41.6% |
Top Export Markets for Ferro-Silicon from India in 2022:
- Italy (5.4K tons)
- Netherlands (3.8K tons)
- Egypt (3.0K tons)
- Spain (1.3K tons)
- United States (1.2K tons)
- Saudi Arabia (1.1K tons)
- Libya (1.1K tons)
- Nigeria (1.1K tons)
- United Arab Emirates (1.0K tons)
- Slovenia (0.9K tons)
- Turkey (0.8K tons)
- Mexico (0.8K tons)
- Qatar (0.8K tons)
This report provides an in-depth analysis of the ferro-silicon 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:
- Prodcom 24101230 - Ferro-silicon
- Prodcom 24101235 -
- Prodcom 24101236 -
- Prodcom 24101239 -
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.
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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
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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
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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
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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
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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
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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
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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
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413
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