In 2023, India imported a certain volume of manganese oxides other than manganese dioxide. Forecasted data indicates a steady growth in imports over the next five years. Volumes are expected to reach 15.812 million kilograms in 2024, increasing annually to 18.937 million kilograms by 2028. Year-on-year growth begins at roughly 5.1% in 2025, demonstrating a consistent upward trend. This steady increase suggests a compound annual growth rate (CAGR) of approximately 4.5% over the five-year forecast period.
Future trends to watch for include potential fluctuations due to changes in global manganese production capacities, trade policies, and shifting demand in industries such as steel manufacturing. Monitoring these factors will be crucial for anticipating future market dynamics.
