Brazil dominates the global ferro-niobium export market, accounting for 77.4% of the share in 2023. Canada and Singapore follow with 9.45% and 8.69%, respectively. The United States, although holding a smaller share of 1.2%, showed a significant year-on-year increase of 7.08% in 2023. Conversely, the Netherlands (-25.97%) and Poland (-24.58%) experienced sharp declines. The CAGR over the last five years suggests stable growth for major players, with notable volatility among minor exporters.
Future trends to watch include Brazil's continued dominance and the potential impact of rising industrial demand in countries like China and the United States, which could drive further market shifts.
Top countries in Export of Ferro-Niobium Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 77.4 | 2023 | +2.79% | +1.81% | View data |
| 2 | 2 Canada | 9.45 | 2023 | +2.9% | +1.96% | View data |
| 3 | 3 Singapore | 8.69 | 2023 | -0.66% | -1.76% | View data |
| 4 | 4 Sweden | 1.51 | 2023 | +4.06% | +3.84% | View data |
| 5 | 5 United States | 1.2 | 2023 | +3.37% | +7.08% | View data |
| 6 | 6 Germany | 0.63 | 2023 | +1.69% | +1.8% | View data |
| 7 | 7 Slovakia | 0.24 | 2023 | +0.22% | -0.65% | View data |
| 8 | 8 Belgium | 0.23 | 2023 | +1.96% | +3.7% | View data |
| 9 | 9 Russia | 0.18 | 2023 | +6.05% | +0.61% | View data |
| 10 | 10 Spain | 0.11 | 2023 | -3.87% | +14.18% | View data |
