Netherlands: Ferro-Chromium Market 2024

Ferro-Chromium Market Size in the Netherlands

In 2022, the Dutch ferro-chromium market increased by X% to $X for the first time since 2017, thus ending a four-year declining trend. In general, consumption enjoyed perceptible growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Ferro-Chromium Production in the Netherlands

In value terms, ferro-chromium production fell to $X in 2022 estimated in export price. In general, production saw a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Ferro-Chromium Exports

Exports from the Netherlands

In 2022, shipments abroad of ferro-chromium increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, ferro-chromium exports surged to $X in 2022. Overall, exports posted a temperate expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for ferro-chromium exports from the Netherlands, accounting for a X% share of total exports. Moreover, ferro-chromium exports to Germany exceeded the volume sent to the second major destination, France (X tons), fourfold. Italy (X tons) ranked third in terms of total exports with an X% share.

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

In value terms, Germany ($X) remains the key foreign market for ferro-chromium exports from the Netherlands, comprising X% of total exports. The second position in the ranking was taken by France ($X), with an X% share of total exports. It was followed by Italy, with an X% share.

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

Export Prices by Country

The average ferro-chromium export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, export price indicated pronounced growth 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-chromium export price increased by X% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

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

Ferro-Chromium Imports

Imports into the Netherlands

In 2022, imports of ferro-chromium into the Netherlands skyrocketed to X tons, with an increase of X% on the previous year's figure. Overall, imports saw a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ferro-chromium imports skyrocketed to $X in 2022. In general, imports enjoyed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia (X tons), Finland (X tons) and Turkey (X tons) were the main suppliers of ferro-chromium imports to the Netherlands, with a combined X% share of total imports. Zimbabwe, Albania, India and South Africa lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of ferro-chromium to the Netherlands, comprising X% of total imports. The second position in the ranking was taken by Finland ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Turkey (X% per year).

Import Prices by Country

The average ferro-chromium import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform