The import of manganese ores and concentrates to the US is forecasted to decline from 94.044 million kilograms in 2024 to 33.095 million kilograms in 2028. This marks a significant downward trend, with a compound annual growth rate (CAGR) of approximately -23.33% over the next five years. Year-on-year percentage changes show substantial decreases, suggesting a consistent reduction in import volumes, from 2024 through 2028. The volume in 2023 was higher, indicating the start of a downward trajectory beginning in 2024.
Future trends to watch for include:
- Potential shifts in global supply chain dynamics which may affect the source and volume of manganese imports.
- Emerging alternatives or substitutes for manganese in industrial applications which could impact import demand.
- Changes in US industrial policies or environmental regulations that could influence manganese consumption and importation.