The global export share of Ferro-Niobium is heavily dominated by Brazil, contributing over 76%, followed by Singapore and Canada with shares around 9% and 8% respectively. The United States and Sweden are minor players with just over 2% and 1%, while other contributing countries represent less than 1% each. Key year-on-year changes in 2023 included notable declines in Japan, the United Kingdom, and Poland, while France and Spain experienced significant increases. Over the past five years, most countries have maintained their positions, with slight fluctuations in share due to varying demand and production capabilities.
Future trends to watch include the potential for shifts in global supply chains and production enhancement efforts, particularly by Brazil to maintain its dominance. Moreover, geopolitical factors and technological advancements in steel production, which utilize Ferro-Niobium, could impact the global export landscape. Environmental policies and sustainability efforts may also influence future production and export strategies across countries, especially in regions focusing on reducing carbon footprints.
Top countries in Export of Ferro-Niobium Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 76.82 | 2023 | +2.82% | +2.02% | View data |
| 2 | 2 Singapore | 9.05 | 2023 | +0.82% | +0.26% | View data |
| 3 | 3 Canada | 8.13 | 2023 | +2.44% | +0.6% | View data |
| 4 | 4 United States | 2.11 | 2023 | +3.34% | +7.15% | View data |
| 5 | 5 Sweden | 1.37 | 2023 | +4.06% | +4.25% | View data |
| 6 | 6 Netherlands | 0.52 | 2023 | -6.18% | -8.7% | View data |
| 7 | 7 Germany | 0.34 | 2023 | -1.58% | -1.98% | View data |
| 8 | 8 Slovakia | 0.28 | 2023 | +2.91% | +1.65% | View data |
| 9 | 9 Belgium | 0.2 | 2023 | +2.08% | +4.79% | View data |
| 10 | 10 Russia | 0.19 | 2023 | +5.84% | +0.23% | View data |