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Estimated World Production Capacity (Chromite Ore, Ferrochromium, Chromium Metal, Chromium Chemicals, And Stainless Steel) And Consumption For Selected Countries

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This table presents estimated global production capacities for chromite ore, ferrochromium, chromium metal, and chromium chemicals, alongside stainless steel production and chromium consumption figures for selected countries in 2023. These data are critical for understanding the supply chain dynamics of chromium, a key industrial metal used primarily in stainless steel manufacturing and various chemical applications. Tracking production capacity and consumption helps identify trends in resource availability, industrial demand, and potential supply risks, which are essential for economic planning, trade policy, and investment decisions in the metals and manufacturing sectors.

Analysis of the data reveals that South Africa leads in chromite ore production capacity with 29 million metric tons, followed by Turkey at 14 million tons and India at 6 million tons. China dominates ferrochromium production capacity at 12 million metric tons and stainless steel production with 8.3 million metric tons, reflecting its central role in the global chromium market. Notably, Turkey’s chromium consumption remains high at 2 million metric tons in 2023, despite a slight revision downward from 2.1 million in 2022. India’s consumption rebounded to 840 thousand metric tons after a dip in 2022, indicating growing industrial demand. Conversely, countries like Belgium and Japan show declining chromium consumption trends, with Belgium dropping from 200 thousand metric tons in 2021 to 130 thousand in 2023, and Japan decreasing from 400 thousand to 330 thousand metric tons over the same period. These shifts highlight evolving regional industrial activities and potential changes in global chromium trade flows.

TABLE 6
ESTIMATED WORLD PRODUCTION CAPACITY (CHROMITE ORE, FERROCHROMIUM, CHROMIUM METAL,
CHROMIUM CHEMICALS, AND STAINLESS STEEL) AND CONSUMPTION FOR SELECTED COUNTRIES1
(Thousand metric tons, chromium content, unless otherwise specified)
Production capacity in 2023
Ferro-StainlessChromium consumption2
Country or localityOre3chromium3MetalChemicals4steel5202120222023
Afghanistan57--------416r12
Albania1700150------54110r170
Austria--------20242322
Belgium--------260200160130
Brazil1700300----80420420r410
Canada----------242116
China20012000613508300610059007500
Finland2800530----280540480470
France----12--70361822
Germany--364410013012098
Greece40--------111
India60002000--56940970r730r840
Indonesia--600----97010001100760
Iran200200--2--11r31r29
Italy------8300--4--
Japan--25311590400370r330
Kazakhstan85002400--60--11001000r1200
Korea, Republic of--------500320250260
Kosovo70--------51r--
Madagascar320----------6r--
Oman1800125------49r100r120
Pakistan580----1--------
Papua New Guinea150--------303131
Philippines57----------15r--
Poland------8--101312
Russia120050027502016081r120
Slovenia--------3018119
South Africa290005500--50100------
Spain------62001108869
Sudan120--------211
Sweden--250----130--8r7
Taiwan--------2001109052
Turkey14000190--70--17002100r2000
Ukraine--------151233
United Arab Emirates24058------911r19
United Kingdom----10470214522
United States------48500340290220
Zimbabwe2400576------46r140r--
Total711002540011772814000XXXXXX

rRevised. XX Not applicable. -- Zero.

1Table includes data available through August 22, 2024. Data are rounded to no more than three significant digits; may not add to totals shown.

2Reported in chromium content. Apparent consumption was estimated based on chromite ore production reported by the U.S. Geological Survey and trade statistics for chromite ore, chromium metal, and ferrochromium as reported by Global Trade Tracker in July 2024 assuming that the average grade of chromite ore is 45% chromium oxide (Cr2O3); ferrochromium, 57% chromium; and chromium metal, 100% chromium.

3Reported in gross weight.

4Chromium content was calculated assuming chemicals were in the form of anhydrous sodium dichromate.

5Chromium content of stainless steel was calculated assuming an average grade of 17% chromium.


Source: United States Geological Survey Mineral Resources Program

See also: Chromium statistics | Mineral commodity prices


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