Exports of ferroalloys from Georgia increased significantly in November 2025. According to GeoStat, Georgian exporters shipped $31.979 million worth of ferrosilicomanganese, a 5.3-fold increase compared to the same month in 2024. A total of 31,156 tons of ferroalloy products were exported in November, with an average price of $1,026 per ton, slightly lower than the $1,059 per ton recorded in November 2024. Major export destinations included the United States, Turkey, Italy, and Romania.
Despite the strong performance in November, overall exports for the first eleven months of 2025 declined by 35% compared to the previous year, totaling $206.6 million. The U.S. was the largest market, receiving $36.7 million worth of ferroalloys (34,028 tons), followed by Turkey ($34.5 million / 32,097 tons) and Italy ($30.3 million / 27,996 tons). Other significant markets included Spain, Greece, the Netherlands, Canada, Romania, Azerbaijan, and Morocco.
Export volumes by country for the first eleven months of 2025 were as follows: U.S. – $36.7M / 34,028 tons; Turkey – $34.5M / 32,097 tons; Italy – $30.3M / 27,996 tons; Spain – $16.2M / 16,020 tons; Greece – $12.9M / 11,620 tons; Netherlands – $12.3M / 10,819 tons; Canada – $8.5M / 6,500 tons; Romania – $7.3M / 7,128 tons; Azerbaijan – $6.5M / 5,511 tons; Morocco – $6.2M / 5,272 tons.
Despite November’s export spike, the sector continues to face challenges. Nugzar Kevlishvili, head of the Ferroalloy Association, explained that demand typically rises on international metal markets at the end of the year, which contributed to the November surge. However, amid global uncertainty, the association has limited optimism for exports in the coming months, signaling ongoing difficulties for Georgia’s ferroalloy industry.
