EU: Miscellaneous Ferro-Alloys Market 2024

Miscellaneous Ferro-Alloys Market Size in the EU

The EU miscellaneous ferro-alloys market declined modestly to $X in 2023, waning by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the market failed to regain momentum.

Miscellaneous Ferro-Alloys Production in the EU

In value terms, miscellaneous ferro-alloys production totaled $X in 2023 estimated in export price. The total production indicated a noticeable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2023, production growth remained at a lower figure.

Miscellaneous Ferro-Alloys Exports

Exports in the EU

In 2023, after three years of growth, there was significant decline in overseas shipments of miscellaneous ferro-alloys, when their volume decreased by X% to X tons. Total exports indicated temperate growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked at X tons in 2022, and then shrank in the following year.

In value terms, miscellaneous ferro-alloys exports expanded modestly to $X in 2023. Overall, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Exports by Country

The Netherlands was the key exporting country with an export of about X tons, which recorded X% of total exports. France (X tons) held the second position in the ranking, distantly followed by Poland (X tons), Slovenia (X tons) and Belgium (X tons). All these countries together held approx. X% share of total exports. The following exporters - Spain (X tons) and Germany (X tons) - together made up X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the largest miscellaneous ferro-alloys supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

In the Netherlands, miscellaneous ferro-alloys exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Poland (X% per year).

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, rising by X% against the previous year. In general, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. The level of export peaked in 2023 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Miscellaneous Ferro-Alloys Imports

Imports in the EU

In 2023, overseas purchases of miscellaneous ferro-alloys decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, miscellaneous ferro-alloys imports reduced to $X in 2023. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then contracted in the following year.

Imports by Country

In 2023, the Netherlands (X tons), distantly followed by Spain (X tons), Italy (X tons), Germany (X tons), Belgium (X tons), France (X tons) and Sweden (X tons) represented the main importers of miscellaneous ferro-alloys, together mixing up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constitutes the largest market for imported miscellaneous ferro-alloys in the European Union, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Italy, with an X% share.

From 2012 to 2023, the average annual growth rate of value in the Netherlands stood at X%. In the other countries, the average annual rates were as follows: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per ton, remaining constant against the previous year. Import price indicated a notable expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, miscellaneous ferro-alloys import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of import peaked in 2023 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform