Ukrainian Ferroalloy Exports Surge to 8.33 Thousand Tons in January 2025 - News and Statistics - IndexBox
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Ukrainian ferroalloy exports saw a dramatic increase in January 2025, reaching 8.33 thousand tons, up from just 0.2 thousand tons in January 2024, when major producers were mostly idle. This information is based on data from the GMK Center. The latest figures mark a significant recovery for the industry as exports increased by 71.1% compared to December 2024, achieving the highest level recorded since August last year.
Algeria, Poland, and Turkey were the primary importers of Ukrainian ferroalloys in January, absorbing 3.73 thousand tons, 3.32 thousand tons, and 0.8 thousand tons, respectively. This marks a shift in the market as Italy, a previous major importer, has halted imports, while Algeria has stepped in to fill the gap. Revenue from ferroalloy exports in January 2025 amounted to $8.65 million, a stark increase from $4.66 million in December 2024 and $0.86 million in January of the previous year.
In 2024, production at Ukrainian ferroalloy plants plummeted by 49.4% year-on-year, with an output of 108.2 thousand tons, following a major downturn when the industry halted operations in late 2023. Export totals for 2024 were 77.32 thousand tons, a significant decline from the 344.17 thousand tons in 2023. The year 2022 saw exports of 349.56 thousand tons, and 2021 recorded even higher volumes at 668.54 thousand tons.
Despite the positive uptick in January exports, the outlook for 2025 remains largely pessimistic. According to Sergiy Kudryavtsev, Executive Director of UkrFa, escalated electricity costs and concerns over supply stability pose ongoing challenges to the industry. Data from IndexBox highlights a cautious sentiment in the sector, suggesting that the recent uptick might not lead to sustained recovery ambitions in the near future.
Source: IndexBox Market Intelligence Platform
This report provides an in-depth analysis of the ferro-alloys market in Ukraine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
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Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
