In 2023, China led global chromite production with a significant share of 62.66 metric tons, showcasing a strong growth trend of 6.98% from the previous year. South Africa and Kazakhstan, major players, saw declines of 10.87% and 5.33% respectively, with production shares of 18.57 metric tons and 10.94 metric tons. Finland and Russia had modest performances, while India and Brazil experienced substantial decreases of 16.3% and 22.35% respectively. Over the last five years, global production dynamics reveal varying degrees of volatility, hinting at significant shifts in market dynamics.
Future trends to watch in global chromite production include:
- The potential rise of alternative mining sectors in China to sustain its lead.
- The impact of South African regulatory and energy challenges on production.
- Environmental policies influencing chromite extraction globally.
- Technological advancements in chromite mining efficiency.
Top countries in Chromite Production Share by Country (Metric Tons)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 62.66 | 2023 | +5.15% | +6.98% | View data |
| 2 | 2 South Africa | 18.57 | 2023 | -12.71% | -10.87% | View data |
| 3 | 3 Kazakhstan | 10.94 | 2023 | -7.15% | -5.33% | View data |
| 4 | 4 Finland | 4.05 | 2023 | -0.72% | -0.59% | View data |
| 5 | 5 India | 3.28 | 2023 | -23.25% | -16.3% | View data |
| 6 | 6 Russia | 2.94 | 2023 | -1.61% | +0.86% | View data |
| 7 | 7 Zimbabwe | 2.28 | 2023 | -2.47% | -5.91% | View data |
| 8 | 8 Brazil | 0.42 | 2023 | -30.2% | -22.35% | View data |
| 9 | 9 Albania | 0.2 | 2023 | -28.21% | -19.1% | View data |
