The production of manganese ore in Malaysia has shown variability over the past decade, with fluctuations in the year-on-year percentage changes. From a 1.13 million metric ton production in 2013, the value decreased notably in 2014, then increased steadily with a few exceptions, such as a significant dip in 2020. By 2023, production stood at 1.53 million metric tons, showing a general upward trend.
In the last two years, 2022 saw a 3.64% increase, followed by a 3.44% rise in 2023. The Compound Annual Growth Rate (CAGR) over the last five years leading up to 2023 was 3.87%, indicating moderate growth. Forecasts suggest a continued growth trend, with a forecasted 5-year CAGR of 2.52% and an overall growth rate of 13.23% by 2028.
Future trends to watch for include advancements in extraction technology, shifts in global demand for manganese, and policies affecting the mining sector, all of which could impact production volumes and growth rates.
