The global export market for ferro-manganese containing over 2% carbon in 2023 was significant, with Malaysia leading the export values, followed by India and South Africa. Year-on-year variations highlighted Malaysia and India with positive growth, while South Africa saw a decline. Notable growth was seen in France and Spain, whereas countries like the United Kingdom and Belgium experienced declines. Over a five-year period, the CAGR indicated stable growth for Malaysia and India, alongside emerging markets such as Portugal. However, declines were notable in traditional markets like South Africa and the United Kingdom.
Future trends to watch include the potential impact of technological advancements in smelting and production, shifts in global demand particularly from emerging markets, and geopolitical factors affecting international trade policies. As economies strive for sustainability, the demand for ferro-alloys in electric vehicle production could be an influential trend.
Top countries in Export of Ferro-Manganese Containing by Weight More Than 2% of Carbon Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malaysia | 33.08 | 2023 | +6.39% | +5.26% | View data |
| 2 | 2 India | 20.85 | 2023 | +4.27% | +4.17% | View data |
| 3 | 3 South Africa | 8.41 | 2023 | -9.33% | -8.02% | View data |
| 4 | 4 Ukraine | 7.12 | 2023 | +1.47% | +4.21% | View data |
| 5 | 5 Netherlands | 6.64 | 2023 | +4.72% | +2.26% | View data |
| 6 | 6 Russia | 4.44 | 2023 | +2.97% | -0.81% | View data |
| 7 | 7 Poland | 3.35 | 2023 | +5.06% | +3.04% | View data |
| 8 | 8 Slovakia | 2.86 | 2023 | +2.46% | +2.44% | View data |
| 9 | 9 France | 2.69 | 2023 | +5.27% | +12.25% | View data |
| 10 | 10 South Korea | 2.61 | 2023 | -6.78% | -5.04% | View data |