The ferromanganese production in France witnessed a yearly fluctuation from 2013 to 2023, with production volume peaking in 2014 at 115.7 thousand metric tons, followed by a notable decline in 2020 to 93.01 thousand metric tons, and then rebounding to 111.97 thousand metric tons in 2023. The year-on-year variations indicate significant volatility with a sharp dip of 17.02% in 2020 and a quick recovery of 20.45% in 2021, stabilizing around -0.027% from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years was marginally negative at -0.027%, indicating a slight but persistent decline in production volume on average per year.
Looking forward, the forecast data suggest a slow but continuous decrease in production volume, projecting a CAGR of -0.02% from 2023 to 2028. The forecasted production for 2028 is 111.82 thousand metric tons, reflecting a very modest reduction over the five-year period.
Future trends to watch for:
- Raw material availability and cost fluctuations that could impact production.
- Technological advancements in production processes improving efficiency.
- Environmental and regulatory changes affecting the ferromanganese industry.
- Shifts in global demand and competition within the ferromanganese market.
