In 2023, China led the global estimated production capacity of chromium metal with 56.85 thousand metric tons. Russia followed with 20 thousand metric tons, and France at 13.2 thousand metric tons. The United Kingdom contributed 8.12 thousand metric tons, while both Japan and Germany had the lowest capacities at 1.02 thousand metric tons each. From 2022 to 2023, China's production capacity grew by 4.01%, Russia's by 0.73%, and France's by 1.61%, whereas the United Kingdom, Japan, and Germany maintained a constant capacity.
Future trends to watch include potential shifts in production capacities, driven by technological advancements, environmental regulations, and geopolitical factors. Monitoring China's continuous growth and the impact of global demand fluctuations will be crucial for understanding changes in the global chromium market.
Top countries in Estimated Production Capacity of Chromium Metal Share by Country (Thousand Metric Tons)
| # | 6 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 56.85 | 2023 | +5.66% | +4.01% | View data |
| 2 | 2 Russia | 20 | 2023 | +0.51% | +0.73% | View data |
| 3 | 3 France | 13.2 | 2023 | 0% | +1.61% | View data |
| 4 | 4 United Kingdom | 8.12 | 2023 | 0% | 0% | View data |
| 5 | 5 Japan | 1.02 | 2023 | 0% | 0% | View data |
| 6 | 6 Germany | 1.02 | 2023 | 0% | 0% | View data |