In 2023, Mexico's export of manganese stood notably higher than forecasted figures for the upcoming years, reaching its peak in thousand kilograms. However, this trend is forecasted to decline sharply from 2024 onwards. Year-on-year, this projected decrease continues, with a 11.66% drop expected from 2024 to 2025, followed by a 12.89% fall from 2025 to 2026, a 14.53% decline from 2026 to 2027, and ending with a 16.68 % drop into 2028.
Over the past five years, the CAGR reflects the average annual decrease, underscoring a consistent negative trend in Mexico’s manganese export volume.
Future trends to watch for:
- Global demand for manganese and potential shifts in Mexico's production capacity
- Impact of technological advancements and innovations in manganese extraction and processing
- Trade policies and economic conditions both domestically and internationally that could influence export volumes