Europe: Miscellaneous Ferro-Alloys Market 2024

Miscellaneous Ferro-Alloys Market Size in Europe

The Europe miscellaneous ferro-alloys market dropped modestly to $X in 2023, with a decrease of X% against the previous year. The total consumption indicated a modest increase from 2012 to 2023: its value 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, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market remained at a somewhat lower figure.

Miscellaneous Ferro-Alloys Production in Europe

In value terms, miscellaneous ferro-alloys production stood at $X in 2023 estimated in export price. Over the period under review, production, however, recorded a measured expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2023, production growth remained at a lower figure.

Miscellaneous Ferro-Alloys Exports

Exports in Europe

In 2023, approx. X tons of miscellaneous ferro-alloys were exported in Europe; with a decrease of X% against the previous year's figure. Overall, exports continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, miscellaneous ferro-alloys exports dropped to $X in 2023. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2022, and then contracted in the following year.

Exports by Country

In 2023, the Netherlands (X tons) was the main exporter of miscellaneous ferro-alloys, creating X% of total exports. France (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Poland (X%), Slovenia (X%), Belgium (X%) and North Macedonia (X%). Albania (X tons) followed a long way behind the leaders.

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

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

From 2012 to 2023, the average annual growth rate of value in the Netherlands totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (X% per year) and Poland (X% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2023, picking up by X% against the previous year. In general, the export price continues to indicate resilient growth. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the near future.

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 Europe

In 2023, purchases abroad of miscellaneous ferro-alloys decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a pronounced decrease. The pace of growth appeared the most rapid 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 remained at a lower figure.

In value terms, miscellaneous ferro-alloys imports contracted to $X in 2023. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then fell 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 the UK (X tons) were the main importers of miscellaneous ferro-alloys, together making 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 mixed trends in the imports figures.

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

In the Netherlands, miscellaneous ferro-alloys imports 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: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

In 2023, the import price in Europe amounted to $X per ton, remaining relatively unchanged against the previous year. Import price indicated perceptible growth 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 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked in 2023 and is likely to see gradual growth in the immediate term.

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