Ferro Chromium Export of Zimbabwe: The Trade Analysis of 2024

Zimbabwe’s export was strategically driven by the ferrochromium exports. It is a key alloy used in stainless steel production that leverages the country as the second-largest chromium reserve. Ferrochrome recorded itself as one of the specific commodities that drives both foreign exchange earnings and efforts toward industrial transformation. Zimbabwe Import Data says the production and capacity expansion via different mining authorities like ZIM, Alloys, and ZIMASCO has recorded an initial output of 120,000 tonnes per annum and 78,000 tonnes per annum, with a revenue share of 35% and 28% in the revenue range.

The growing global demand of ferrochromium from the trade management authorities of Zimbabwe has led to an export trade value of 489 million US dollars of exports in 2024. Zimbabwe trade data by Import Globals gives a detailed analysis of the overall export of ferrochromium from the nation including the quality and quantity of the services to cater the acquisitions of the business holders regarding the latest trends and strategies.

GOVERNMENT INITIATIVES SUPPORTING THE EXPORT TRADE OF FERRO CHROMIUM FROM ZIMBABWE IN 2024

The active participation of the Zimbabwean government in different trade fairs has facilitated the revenue rate. Different initiatives like the mandatory on-site power generation for ferrochrome producers led by Minister H.R. Moyo, under the Ministry of Energy and Power Development have supported the implementation of guarantees and subsidies. The policy was initiated to ensure energy dependence while reducing grid strains to improve environmental credentials for exports to green-conscious markets. The Palm River metallurgical and industrial part has enhanced the value-added production to increase the revenue rate crucially.

The use-it-or-lose-it chrome title policy implemented has been simultaneously investing in smelting capacity, which ensures beneficiation and drives the downstream expansion in the ferrochrome sector. The community syndicates and support for ZZSC smelter has embedded community beneficiation while supporting grassroots engagement, enhancing domestic feedstock sustainability.

THE LEADING VARIANTS OF FERROCHROMIUM EXPORTED FROM ZIMBABWE IN 2024

In contrast to the growing global demands of ferrochromium, Zimbabwe has recorded more of its domestic productions in international trade. According to the Zimbabwe Export Data, the top 10 leading variants of ferrochromium exported from the nation in 2024 are,

  1. High carbon Ferro Chromium — The export trade value of High carbon Ferro Chromium from Zimbabwe in 2024–98 million US dollars
  2. Low carbon Ferro Chromium- The export trade value of Low carbon Ferro Chromium from Zimbabwe in 2024–76 million US dollars
  3. Granular High carbon Ferro Chromium — The export trade value of Granular High carbon Ferro Chromium from Zimbabwe in 2024–68 million US dollars
  4. Powdered Ferro Chromium — The export trade value of Powdered Ferro Chromium from Zimbabwe in 2024–57 million US dollars
  5. Refined Ferro Chromium — The export trade value of Refined Ferro Chromium from Zimbabwe in 2024–48 million US dollars
  6. Stainless steel grade Ferro Chromium — The export trade value of Stainless steel grade Ferro Chromium from Zimbabwe in 2024–34 million US dollars
  7. Blast furnace grade Ferro Chromium — The export trade value of Blast furnace grade Ferro Chromium from Zimbabwe in 2024–28 million US dollars
  8. Silico Ferro Chromium — The export trade value of Silico Ferro Chromium from Zimbabwe in 2024–22 million US dollars
  9. Hard lumpy Ferro Chromium — The export trade value of Hard lumpy Ferro Chromium from Zimbabwe in 2024–18 million US dollars
  10. Vacuum grade Ferro Chromium — The export trade value of Vacuum grade Ferro Chromium from Zimbabwe in 2024–12 million US dollars

THE TOP 10 EXPORT TRADE PARTNERS OF ZIMBABWE FOR FERROCHROMIUM IN 2024

The stronger bilateral ties of Zimbabwe with emerging markets have been a supporting structure towards the increasing economic growth rate. As per the Zimbabwe Customs Data, the top 10 Export Trade Partners of the nation in 2024 are,

  1. China — The total annual export trade value of Ferro Chromium from Zimbabwe to China in 2024–86 million US dollars

Top 5 variants of Ferro Chromium exported

1. High Carbon Ferrochrome (HCFeCr)

2. Low Carbon Ferrochrome (LCFeCr)

3. Medium Carbon Ferrochrome (MCFeCr)

4. Ultra-Low Carbon Ferrochrome (ULCFeCr)

5. Ferrochrome 60% Cr

2. Netherlands — The total annual export trade value of Ferro Chromium from Zimbabwe to the Netherlands in 2024–67 million US dollars

Top 5 variants of Ferro Chromium exported

1. Ferrochrome Lumps 10–50 mm

2. Ferrochrome Fines <10 mm

3. Ferrochrome Briquettes

4. Ferrochrome Powder

5. Ferrochrome Granules

3. Hong Kong- The total annual export trade value of Ferro Chromium from Zimbabwe to Hong Kong in 2024–58 million US dollars

Top 5 variants of Ferro Chromium exported

1. Electric Arc Furnace Ferrochrome

2. Submerged Arc Furnace Ferrochrome

3. Silico-Thermic Ferrochrome

4. Alumino-Thermic Ferrochrome

5. Plasma Arc Ferrochrome

4. Italy- The total annual export trade value of Ferro Chromium from Zimbabwe to Italy in 2024–47 million US dollars

Top 5 variants of Ferro Chromium exported

1. Ferrochrome for Stainless Steel

2. Ferrochrome for Alloy Steel

3. Ferrochrome for Special Steel

4. Ferrochrome for Foundries

5. Ferrochrome for Welding Electrodes

5. Indonesia — The total annual export trade value of Ferro Chromium from Zimbabwe to Indonesia in 2024–36 million US dollars

Top 5 variants of Ferro Chromium exported

1. High Chromium, High Carbon Ferrochrome

2. High Chromium, Low Carbon Ferrochrome

3. Low Carbon Ferrochrome (0.03% C max)

4. Ferrochrome with Low Silicon

5. Ferrochrome with Low Sulfur

6. Mozambique — The total annual export trade value of Ferro Chromium from Zimbabwe to Mozambique in 2024–29 million US dollars

Top 5 variants of Ferro Chromium exported

1. Ferrochrome Grade B

2. Ferrochrome ISO 5448 compliant

3. Ferrochrome ASTM A102

4. Ferrochrome EN 10052

5. Ferrochrome GOST Standard

7. South Africa — The total annual export trade value of Ferro Chromium from Zimbabwe to South Africa in 2024–24 million US dollars

Top 5 variants of Ferro Chromium exported

1. Ferrochrome for Power Turbines

2. Ferrochrome for Defense Alloys

3. Ferrochrome for Marine Steel

4. Ferrochrome Recycled from Stainless Scrap

5. Ferrochrome Recovered from Slag

8. Belgium- The total annual export trade value of Ferro Chromium from Zimbabwe to Belgium in 2024–22 million US dollars

Top 5 variants of Ferro Chromium exported

1. Synthetic Ferrochrome

2. Eco-Friendly Ferrochrome

3. Green Ferrochrome (low CO₂)

4. High Efficiency Ferrochrome

5. High Purity Ferrochrome 98%

9. Zambia- The total annual export trade value of Ferro Chromium from Zimbabwe to Zambia in 2024–17 million US dollars

Top 5 variants of Ferro Chromium exported

1. Drum-Packed Ferrochrome

2. Vacuum-Sealed Ferrochrome

3. Ferrochrome Nano Powder

4. Ferrochrome for 3D Printing

5. Ferrochrome for Additive Manufacturing

10. Malawi- The total annual export trade value of Ferro Chromium from Zimbabwe to Malawi in 2024–12 million US dollars

Top 5 variants of Ferro Chromium exported

1. Ferrochrome Alloyed with Nickel

2. Ferrochrome Alloyed with Tungsten

3. Ferrochrome Alloyed with Rare Earths

4. Foundry Grade HCFeCr

5. Mill Scale Ferrochrome Blend

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