In 2023, China's ferrochromium ore production capacity led globally at 13.99 million metric tons, with a year-on-year growth of 5.12%. Other significant contributors include South Africa, India, and Kazakhstan, registering growth rates of 3.68%, 8.06%, and 4.61% respectively. Notably, Japan's capacity declined by 35.56%. Over the past five years, the Compound Annual Growth Rate (CAGR) has been positive, indicating an overall growth in production capacity across most countries.
Future trends to watch include potential shifts in the geopolitical landscape impacting supply chains, advancements in mining technology, and environmental regulations which may affect overall production efficiency and capacity expansions globally.
Top countries in Estimated Production Capacity of Ferrochromium Ore by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 13,990 | 2023 | +5.66% | +5.12% | View data |
| 2 | 2 South Africa | 5,030 | 2023 | +3.77% | +3.68% | View data |
| 3 | 3 India | 2,360 | 2023 | +5.36% | +8.06% | View data |
| 4 | 4 Kazakhstan | 2,130 | 2023 | +4% | +4.61% | View data |
| 5 | 5 Finland | 650 | 2023 | +4.5% | +4.17% | View data |
| 6 | 6 Russia | 480 | 2023 | +1.69% | +5.23% | View data |
| 7 | 7 Zimbabwe | 359 | 2023 | +3.46% | +3.66% | View data |
| 8 | 8 Brazil | 285 | 2023 | +3.64% | +3.93% | View data |
| 9 | 9 Sweden | 184 | 2023 | +3.37% | +3.49% | View data |
| 10 | 10 Oman | 172 | 2023 | +3.61% | +7.25% | View data |
