Europe: Miscellaneous Ferro-Alloys Market 2024

Miscellaneous Ferro-Alloys Market Size in Europe

The Europe miscellaneous ferro-alloys market shrank slightly to $X in 2023, approximately equating the previous year. The total consumption indicated a modest expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the market remained at a somewhat lower figure.

Miscellaneous Ferro-Alloys Production in Europe

In value terms, miscellaneous ferro-alloys production totaled $X in 2023 estimated in export price. Over the period under review, production, however, recorded measured growth. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2023, production growth failed to regain momentum.

Miscellaneous Ferro-Alloys Exports

Exports in Europe

In 2023, the amount of miscellaneous ferro-alloys exported in Europe contracted dramatically to X tons, with a decrease of X% on the year before. Over the period under review, exports saw a pronounced setback. The pace of growth was the most pronounced in 2020 when exports increased by X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

In value terms, miscellaneous ferro-alloys exports fell to $X in 2023. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of export peaked at $X in 2022, and then contracted in the following year.

Exports by Country

The Netherlands represented the key exporter of miscellaneous ferro-alloys in Europe, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. It was distantly followed by France (X tons), Poland (X tons), Slovenia (X tons), Belgium (X tons) and North Macedonia (X tons), together constituting a X% share of total exports. Albania (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Albania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the largest miscellaneous ferro-alloys supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in the Netherlands amounted to X%. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Poland (X% per year).

Export Prices by Country

In 2023, the export price in Europe amounted to $X per ton, surging by X% against the previous year. Overall, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum in 2023 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Miscellaneous Ferro-Alloys Imports

Imports in Europe

In 2023, overseas purchases of miscellaneous ferro-alloys decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

In value terms, miscellaneous ferro-alloys imports reduced to $X in 2023. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then fell in the following year.

Imports by Country

In 2023, the Netherlands (X tons), distantly followed by Spain (X tons), Italy (X tons), Germany (X tons), Belgium (X tons), France (X tons) and the UK (X tons) represented the main importers of miscellaneous ferro-alloys, together comprising X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the Netherlands ($X) constitutes the largest market for imported miscellaneous ferro-alloys in Europe, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Italy, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in the Netherlands stood at X%. In the other countries, the average annual rates were as follows: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

The import price in Europe stood at $X per ton in 2023, stabilizing at the previous year. Import price indicated noticeable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, miscellaneous ferro-alloys import price increased by X% against 2020 indices. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform