The data indicates a steady decline in the consumption of ferromanganese in stainless and heat-resisting manufacturing in the US from 2013 to 2023. Specifically, the consumption in 2023 stood at 9.23 thousand metric tons, reflecting an overall downward trend with year-on-year declines ranging between -0.7% to -0.62% annually. Furthermore, the compound annual growth rate (CAGR) over the past five years hovered around -0.65%, showing a consistent, albeit gradual, reduction in demand.

Future trends to watch for:

Continued decline in ferromanganese usage with a forecasted 5-year CAGR of -0.53%, suggesting that the downward trend will persist.
Technological advancements that may reduce the necessity for ferromanganese in manufacturing.
Changes in industry practices towards more sustainable and alternative materials, potentially impacting demand.
Volatility in global markets and trade policies influencing raw material availability and pricing.