In 2023, China led global chromite production, followed by South Africa and Kazakhstan. Notably, South Africa, among other significant producers, experienced a decrease in output by over 10%. India and Brazil saw pronounced declines, with chromite production contracting by over 16% and 22% respectively. Conversely, Russia's production slightly increased while Finland maintained relatively stable production levels.
Looking ahead to 2024, the industry is expected to see shifts influenced by demand fluctuation, technological advancements in extraction processes, and geopolitical factors affecting major producers. Monitoring China's continued dominance and any policy changes in South Africa will be crucial for anticipating global trends.
Top countries in Chromite Production by Country
| # | 9 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 7,399,500 | 2023 | +5.15% | +6.98% | View data |
| 2 | 2 South Africa | 2,193,200 | 2023 | -12.71% | -10.87% | View data |
| 3 | 3 Kazakhstan | 1,292,400 | 2023 | -7.15% | -5.33% | View data |
| 4 | 4 Finland | 478,330 | 2023 | -0.72% | -0.59% | View data |
| 5 | 5 India | 387,770 | 2023 | -23.25% | -16.3% | View data |
| 6 | 6 Russia | 346,810 | 2023 | -1.61% | +0.86% | View data |
| 7 | 7 Zimbabwe | 269,100 | 2023 | -2.47% | -5.91% | View data |
| 8 | 8 Brazil | 49,420 | 2023 | -30.2% | -22.35% | View data |
| 9 | 9 Albania | 23,900 | 2023 | -28.21% | -19.1% | View data |
