Forecast: Manganese Ore Production, Gross Weight, in Mexico

The manganese ore production in Mexico has shown diverse trends over the years. In 2023, the production stood at 765 thousand metric tons, indicating a steady increase. From 2013 to 2023, production experienced fluctuations with notable decreases in 2015 and 2020, but an impressive rebound in 2021. Year-on-year percentage variations highlight periods of both growth and decline, while the Compound Annual Growth Rate (CAGR) over the last five years averages at a modest 2.23%. Forecasting forward, production is expected to continue rising, reaching 844.47 thousand metric tons by 2028 with a forecasted 5-year CAGR of 1.56%.

Future trends to watch for include:

  • Global economic conditions affecting steel production, which heavily uses manganese.
  • Technological advancements in mining and ore processing.
  • Government policies and environmental regulations impacting mining activities.
  • Demand shifts towards alternative materials or increased usage of manganese in batteries and other technologies.

Top Countries about Manganese