France: Ferro-Silico-Manganese Market 2024

Ferro-Silico-Manganese Market Size in France

In 2023, after two years of growth, there was significant decline in the French ferro-silico-manganese market, when its value decreased by X% to $X. Over the period under review, consumption, however, showed a mild decline. 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.

Ferro-Silico-Manganese Production in France

In value terms, ferro-silico-manganese production expanded remarkably to $X in 2023 estimated in export price. In general, production continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Ferro-silico-manganese production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Ferro-Silico-Manganese Exports

Exports from France

In 2023, shipments abroad of ferro-silico-manganese decreased by X% to X tons, falling for the second year in a row after three years of growth. Overall, exports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at X tons in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

In value terms, ferro-silico-manganese exports dropped markedly to $X in 2023. In general, exports recorded a perceptible contraction. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2022, and then dropped significantly in the following year.

Exports by Country

Germany (X tons) was the main destination for ferro-silico-manganese exports from France, accounting for a X% share of total exports. Moreover, ferro-silico-manganese exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), more than tenfold. Poland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Poland (X% per year).

In value terms, Germany ($X) remains the key foreign market for ferro-silico-manganese exports from France, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Poland (X% per year).

Export Prices by Country

In 2023, the average ferro-silico-manganese export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2022, and then contracted dramatically in the following year.

Average prices varied somewhat for the major external markets. In 2023, amid the top suppliers, the countries with the highest prices were Poland ($X per ton) and the Netherlands ($X per ton), while the average price for exports to the UK ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Silico-Manganese Imports

Imports into France

In 2023, purchases abroad of ferro-silico-manganese decreased by X% to X tons, falling for the second consecutive year after three years of growth. In general, imports continue to indicate a slight contraction. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, ferro-silico-manganese imports declined significantly to $X in 2023. Over the period under review, imports saw a mild descent. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then dropped markedly in the following year.

Imports by Country

Norway (X tons), Italy (X tons) and Georgia (X tons) were the main suppliers of ferro-silico-manganese imports to France, with a combined X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ferro-silico-manganese suppliers to France were Norway ($X), Italy ($X) and Georgia ($X), together comprising X% of total imports.

Among the main suppliers, Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average ferro-silico-manganese import price stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2022, and then reduced sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Luxembourg ($X per ton), while the price for Georgia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform