In 2023, South Africa led global exports of Ferro-Chromium with over 4% carbon content, significantly outpacing other countries. Kazakhstan and India followed, demonstrating moderate growth. Finland, Zimbabwe, and the Netherlands also showed steady performance. Notably, the United States, Germany, and Japan experienced declines in export values, while Thailand saw highest growth. Variations were generally positive except for some Asian and European countries. The compound annual growth rate (CAGR) over the past five years was robust for emerging markets.
Future trends to watch include increasing competition from Asian markets, potential impacts of new environmental regulations on production, and technological advancements in mining and alloy processing that could drive shifts in export dynamics. Demand from industrial sectors will likely influence export behaviors as global policies and economic conditions evolve.
Top countries in Export of Ferro-Chromium Containing by Weight More Than 4% of Carbon by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Africa | 3,409,700,000 | 2023 | +1.78% | +2.18% | View data |
| 2 | 2 Kazakhstan | 1,966,600,000 | 2023 | +2.29% | +2.17% | View data |
| 3 | 3 India | 1,117,400,000 | 2023 | +3.46% | +3.85% | View data |
| 4 | 4 Finland | 362,500,000 | 2023 | +3.83% | +2.62% | View data |
| 5 | 5 Zimbabwe | 284,300,000 | 2023 | +2.79% | +3.15% | View data |
| 6 | 6 Netherlands | 191,340,000 | 2023 | +1.59% | +1.9% | View data |
| 7 | 7 Sweden | 177,250,000 | 2023 | +2.88% | +3.93% | View data |
| 8 | 8 Russia | 176,640,000 | 2023 | +1.08% | +1.71% | View data |
| 9 | 9 China | 80,979,000 | 2023 | +0.31% | -5.7% | View data |
| 10 | 10 Belgium | 69,723,000 | 2023 | +3.27% | +3.3% | View data |