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In 2024, the Kenyan ferro-chromium market increased by 102% to $210K, rising for the third year in a row after two years of decline. Overall, consumption recorded prominent growth. As a result, consumption attained the peak level of $419K. From 2014 to 2024, the growth of the market remained at a lower figure.
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The Venezuelan ferro-chromium market skyrocketed to $8K in 2024, jumping by 71% against the previous year. Over the period under review, consumption, however, continues to indicate a abrupt downturn. Ferro-chromium consumption peaked at $106K in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.
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In 2024, the Danish ferro-chromium market increased by 11% to $22K, rising for the fourth consecutive year after five years of decline. Overall, consumption recorded a abrupt decline. Over the period under review, the market attained the maximum level at $215K in 2012; however, from 2013 to 2024, consumption failed to regain momentum.
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The Kuwaiti ferro-chromium market surged to $4.1K in 2024, growing by 22% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Ferro-chromium consumption peaked at $6.9K in 2017; however, from 2018 to 2024, consumption remained at a lower figure.
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In 2024, the Moroccan ferro-chromium market decreased by -30.2% to $286K, falling for the second consecutive year after two years of growth. Over the period under review, consumption saw a pronounced downturn. Ferro-chromium consumption peaked at $577K in 2022; however, from 2023 to 2024, consumption failed to regain momentum.
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After two years of decline, the Ethiopian ferro-chromium market increased by 36% to $41K in 2024. Overall, consumption, however, saw a abrupt slump. As a result, consumption reached the peak level of $14M. From 2022 to 2024, the growth of the market remained at a somewhat lower figure.
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The Angolan ferro-chromium market declined to $4.4K in 2024, which is down by -2.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a relatively flat trend pattern. Ferro-chromium consumption peaked at $17K in 2016; however, from 2017 to 2024, consumption stood at a somewhat lower figure.
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After two years of growth, the Bangladeshi ferro-chromium market decreased by -96.1% to $113K in 2024. Over the period under review, consumption, however, saw a significant expansion. As a result, consumption reached the peak level of $2.9M, and then dropped rapidly in the following year.
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In 2024, the Ghanian ferro-chromium market decreased by -65.5% to $172K for the first time since 2020, thus ending a three-year rising trend. In general, consumption, however, posted a pronounced expansion. Over the period under review, the market attained the maximum level at $499K in 2023, and then dropped rapidly in the following year.
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The Myanmar's ferro-chromium market reduced to $99K in 2024, waning by -9.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a abrupt setback. As a result, consumption reached the peak level of $373K. From 2019 to 2024, the growth of the market failed to regain momentum.
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The Nigerien ferro-chromium market surged to $697K in 2024, picking up by 66% against the previous year. In general, the total consumption indicated pronounced growth from 2012 to 2024: its value increased at an average annual rate of +2.5% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -4.7% against 2022 indices.
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The Sri Lankan ferro-chromium market fell remarkably to $6.5K in 2024, dropping by -44% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a noticeable downturn. As a result, consumption reached the peak level of $17K. From 2022 to 2024, the growth of the market remained at a somewhat lower figure.
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The Israeli ferro-chromium market rose notably to $52K in 2024, picking up by 10% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a deep downturn. Over the period under review, the market attained the maximum level at $129K in 2014; however, from 2015 to 2024, consumption remained at a lower figure.
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The Philippine ferro-chromium market skyrocketed to $234K in 2024, with an increase of 67% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a abrupt curtailment. As a result, consumption attained the peak level of $7.8M.
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The Qatari ferro-chromium market surged to $5K in 2024, increasing by 116% against the previous year. In general, consumption, however, showed a precipitous decline. Ferro-chromium consumption peaked at $137K in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.
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In 2024, the Azerbaijani ferro-chromium market increased by 1.1% to $184K, rising for the fourth year in a row after three years of decline. In general, consumption continues to indicate buoyant growth. Ferro-chromium consumption peaked in 2024 and is likely to see steady growth in the immediate term.
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In 2024, the Saudi chromium ore and concentrate market decreased by -5.5% to $42K, falling for the fourth year in a row after two years of growth. Over the period under review, consumption saw a abrupt slump. Over the period under review, the market attained the peak level at $212K in 2017; however, from 2018 to 2024, consumption stood at a somewhat lower figure.
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The New Zealand ferro-chromium market skyrocketed to $218K in 2024, jumping by 22% against the previous year. Overall, consumption, however, showed a remarkable increase. Ferro-chromium consumption peaked at $315K in 2014; however, from 2015 to 2024, consumption stood at a somewhat lower figure.
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The Uruguayan ferro-chromium market soared to $44K in 2024, increasing by 19% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed a resilient expansion. Over the period under review, the market attained the peak level at $63K in 2022; however, from 2023 to 2024, consumption failed to regain momentum.
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The Bolivian ferro-chromium market skyrocketed to $872K in 2024, jumping by 65% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a prominent increase. Ferro-chromium consumption peaked at $1.1M in 2022; however, from 2023 to 2024, consumption failed to regain momentum.
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In 2024, the Kenyan ferro-chromium market increased by 102% to $210K, rising for the third year in a row after two years of decline. Overall, consumption recorded prominent growth. As a result, consumption attained the peak level of $419K. From 2014 to 2024, the growth of the market remained at a lower figure.