France: Ferro-Silico-Manganese Market 2024

Ferro-Silico-Manganese Market Size in France

In 2022, the French ferro-silico-manganese market increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Ferro-Silico-Manganese Production in France

In value terms, ferro-silico-manganese production fell modestly to $X in 2022 estimated in export price. In general, production showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Ferro-silico-manganese production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Ferro-Silico-Manganese Exports

Exports from France

In 2022, overseas shipments of ferro-silico-manganese decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed moderate growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, ferro-silico-manganese exports rose to $X in 2022. Overall, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

Germany (X tons) was the main destination for ferro-silico-manganese exports from France, accounting for a X% share of total exports. Moreover, ferro-silico-manganese exports to Germany exceeded the volume sent to the second major destination, Poland (X tons), more than tenfold. The third position in this ranking was taken by the UK (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and the UK (X% per year).

In value terms, Germany ($X) remains the key foreign market for ferro-silico-manganese exports from France, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with an X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the average ferro-silico-manganese export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-silico-manganese export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($X per ton) and Poland ($X per ton), while the average price for exports to Belgium ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Silico-Manganese Imports

Imports into France

In 2022, purchases abroad of ferro-silico-manganese decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at X tons in 2021, and then contracted modestly in the following year.

In value terms, ferro-silico-manganese imports expanded rapidly to $X in 2022. In general, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Norway (X tons) constituted the largest ferro-silico-manganese supplier to France, with a X% share of total imports. Moreover, ferro-silico-manganese imports from Norway exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Norway amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the Netherlands (X% per year).

In value terms, the largest ferro-silico-manganese suppliers to France were Norway ($X), Italy ($X) and the Netherlands ($X), together accounting for X% of total imports.

Italy, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ferro-silico-manganese import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-silico-manganese import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform