The global export of ferro-silicon containing less than 55% silicon shows a diverse landscape. Norway and the Netherlands lead in market value, with notable growth rates of 3.31% and 3.19%, respectively. Emerging trends highlight Thailand's rapid expansion at 4.39%. However, traditional markets like China and the United States show declines of -0.28% and -3.3%, respectively. Poland also faces significant decreases at -12.4%, while Japan registers modest reductions. Highlighting dynamic shifts, regions like Croatia and Chile score impressive volumes with growth rates exceeding 48%.
Future trends to watch include:
- Growth in Eastern Europe, driven by rising exports from countries like Czech Republic and Bosnia with double-digit growth.
- Potential expansions in lesser-seen markets like the United Arab Emirates, marking a notable increase at 22.48%.
- Tech advancements might shift market dynamics, especially as countries like Italy and Spain exhibit positive upward trends.
Top countries in Export of Ferro-Silicon Containing by Weight Less Than 55% of Silicon by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 149,750,000 | 2023 | +3.79% | +3.31% | View data |
| 2 | 2 Netherlands | 97,369,000 | 2023 | +3.27% | +3.19% | View data |
| 3 | 3 Canada | 46,738,000 | 2023 | +1.4% | +0.96% | View data |
| 4 | 4 China | 44,569,000 | 2023 | -0.3% | -0.28% | View data |
| 5 | 5 South Africa | 38,414,000 | 2023 | +1.6% | +0.2% | View data |
| 6 | 6 Thailand | 26,817,000 | 2023 | +6.34% | +4.39% | View data |
| 7 | 7 France | 18,053,000 | 2023 | +2.14% | +0.93% | View data |
| 8 | 8 Sweden | 17,455,000 | 2023 | +1.93% | +2.42% | View data |
| 9 | 9 Germany | 17,286,000 | 2023 | +1.18% | +1.02% | View data |
| 10 | 10 Japan | 15,877,000 | 2023 | +1.18% | -0.58% | View data |
