In 2023, the UK imported 18.675 million kilograms of ferro-manganese. The forecasted data shows a consistent downward trend in imports from 2024 to 2028. The import volume decreases annually: 2024 sees a drop to 16.567 million kg, then to 14.53 million kg in 2025, 12.534 million kg in 2026, 10.577 million kg in 2027, and finally, 8.6603 million kg by 2028. This represents a compound annual growth rate (CAGR) of negative growth over these years.
Future trends to watch for include:
- Potential shifts in global ferro-manganese production and pricing.
- Changes in UK steel manufacturing and consumption patterns.
- Impacts of economic policies and trade agreements on import volumes.
