In 2023, China's import of manganese stood at 697.48 thousand kilograms. From 2024 to 2028, the forecasted trend shows a consistent year-on-year decline. The projected values indicate a gradual decrease, with a -3.97% decline from 2024 to 2025, and a -4.05% decrease from 2025 to 2026. In 2026 to 2027, the import figures are expected to drop by -4.13%, followed by a similar trend into 2027 and 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) shows an average drop of approximately -3.95% per annum.
Future trends to watch for include:
- Efficiency improvements in manganese extraction and processing, potentially altering import needs.
- Shifts in China's industrial demand patterns, particularly in sectors like steel production and battery manufacturing.
- Trade policies and global market dynamics that could influence China's reliance on imported manganese.