South Africa dominates the global export market for chromium ores and concentrates, accounting for 75.83% of the market in 2023, with a year-on-year growth of 4.43%. Kazakhstan and Zimbabwe follow, with shares of 5% and 4.1% respectively. Smaller contributors include Pakistan and Albania, showing notable growth rates of 2.17% and 5.87% respectively. On the downside, Poland, Denmark, and the Czech Republic experienced significant declines. Finland and Malaysia showed impressive growth, with increases of 12.32% and 50.86%, respectively.
Future trends to watch:
- South Africa is expected to maintain its leading position, but potential geopolitical and economic shifts could alter trade dynamics.
- Countries like Malaysia and Slovakia with significant growth trends may increase their market share.
- Global demand for chromium-related products and environmental regulations might drive supply fluctuations and technological advancements in extraction and refinement processes.
Top countries in Export of Chromium Ores and Concentrates Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Africa | 75.83 | 2023 | +3.8% | +4.43% | View data |
| 2 | 2 Kazakhstan | 5 | 2023 | -1.34% | -0.55% | View data |
| 3 | 3 Zimbabwe | 4.1 | 2023 | +6.02% | +5.8% | View data |
| 4 | 4 Pakistan | 2.54 | 2023 | -0.24% | +2.17% | View data |
| 5 | 5 Albania | 1.97 | 2023 | +0.29% | +5.87% | View data |
| 6 | 6 Oman | 1.8 | 2023 | +1.78% | -0.33% | View data |
| 7 | 7 Netherlands | 1.62 | 2023 | +0.84% | -1.95% | View data |
| 8 | 8 Germany | 1.23 | 2023 | +3.37% | +1.6% | View data |
| 9 | 9 Belgium | 0.69 | 2023 | +3.68% | +2.7% | View data |
| 10 | 10 United States | 0.49 | 2023 | +2.92% | +1.66% | View data |
