South Africa dominates the global export of ferro-chromium containing over 4% carbon, holding over half the market share. Kazakhstan and India follow, with significant contributions of 18.64% and 12.76%, respectively. Noteworthy growth was seen in Thailand (61.33%), Italy (6.77%), and Slovenia (5.43%) in 2023. Meanwhile, countries like Germany, Japan, and China experienced declines. The compound annual growth rate over the last five years also indicates the high volatility and dynamic shifts in this sector.
Looking ahead, the following trends are expected to shape the market:
- Emerging markets like Thailand could continue to increase their share, driven by strategic investments and demand from Asian regions.
- Environmental policies and technological advancements may impact production and global trade dynamics, potentially benefiting countries with sustainable practices.
- Economic and geopolitical factors, particularly evolving relationships between major producers and consumers, may influence trade flows and market share distribution.
Top countries in Export of Ferro-Chromium Containing by Weight More Than 4% of Carbon Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Africa | 51.27 | 2023 | +0.91% | +1.01% | View data |
| 2 | 2 Kazakhstan | 18.64 | 2023 | +1.55% | +1.31% | View data |
| 3 | 3 India | 12.76 | 2023 | +3.32% | +3.43% | View data |
| 4 | 4 Zimbabwe | 4.74 | 2023 | +3.48% | +3.22% | View data |
| 5 | 5 Finland | 4.18 | 2023 | +3.23% | +2.18% | View data |
| 6 | 6 Netherlands | 1.71 | 2023 | +1.15% | +1.76% | View data |
| 7 | 7 Russia | 1.35 | 2023 | -1.14% | +0.18% | View data |
| 8 | 8 Sweden | 1.24 | 2023 | +2.56% | +3.8% | View data |
| 9 | 9 China | 0.75 | 2023 | -2.72% | -9.2% | View data |
| 10 | 10 Belgium | 0.5 | 2023 | +1.69% | +1.8% | View data |
