Product intelligence · HS 720291 · 2024 data

Ferro-alloys: ferro-titanium and ferro-silico-titanium

Global exports of ferro-alloys: ferro-titanium and ferro-silico-titanium totalled $267,958,317 in 2024, a -9.1% change from the previous year. Traded by 65 countries across 552 bilateral corridors, with demand from 91 importing markets. The long-term trend is declining.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$268.0M

-9.1% YoY

3Y / 5Y CAGR

-8.3%

5Y: +1.0%

Supply structure

Diversified

HHI 0.092

Volatility

Low

Score 20/100

1.

Market movement

In 2024, ferro-alloys: ferro-titanium and ferro-silico-titanium trade exhibited significant decline, with global flows reaching $267,958,317 and a three-year compound annual growth rate of -8.3% (five-year: +1.0%). The all-time peak of $898,544,354 was recorded in 2005; the current level is 70% below that high-water mark.

Over the 30-year observation window (19952024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-7.0% acceleration).

The World Trade Flows Characterization classifies ferro-alloys: ferro-titanium and ferro-silico-titanium as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is diversified (Herfindahl-Hirschman Index 0.092). The three largest exporters — Russia ($68.6M), United Kingdom ($49.4M), and Estonia ($41.6M) — collectively dominate supply flows. The leading exporter has grown at -32.1% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.055). The three largest import markets are Germany ($35.2M), Netherlands ($27.0M), and Japan ($19.6M). The largest importing market sources from 23 different supplying countries.

Estimated substitution elasticity: -44.57. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is United Kingdom → Japan at $14.2M, representing 72.3% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for ferro-alloys: ferro-titanium and ferro-silico-titanium is 20 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $898,544,354 in 2005. Currently 70% below peak.

YearGlobal trade (USD)YoY growth
2015$221,027,115-27.1%
2016$167,912,066-24.0%
2017$232,414,636+38.4%
2018$253,884,805+9.2%
2019$255,314,746+0.6%
2020$182,892,221-28.4%
2021$346,994,743+89.7%
2022$417,284,094+20.3%
2023$294,811,034-29.4%
2024$267,958,317-9.1%

Top exporting countries

Ranked by export value of ferro-alloys: ferro-titanium and ferro-silico-titanium in 2024.

View all 65 exporters →

Top importing markets

Largest import destinations for ferro-alloys: ferro-titanium and ferro-silico-titanium.

View all 91 markets →

Leading trade corridors

Largest bilateral export flows for ferro-alloys: ferro-titanium and ferro-silico-titanium, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1United KingdomJapan$14.2M-3.1%
2UkrainePoland$8.8M+10.4%
3RussiaBrazil$7.5M+56.5%
4LatviaBrazil$6.9M
5EstoniaNetherlands$6.7M+37.2%
6United KingdomGermany$6.5M+1.1%
7United KingdomNetherlands$6.0M-8.9%
8United KingdomSouth Korea$5.9M-3.1%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.