In 2023, China remains the largest importer of manganese ores and concentrates, with a significant lead over other countries. Notably, the YoY growth rate for China’s imports was 2.86%. India, the second-largest importer, experienced a 4.31% increase. Countries like Malaysia, South Korea, and Russia also showed positive growth rates, whereas Japan saw a slight decrease of 0.12%.
Negative trends include a 5.85% decrease for Ukraine and a 21.1% decline for Colombia. Positive growth was observed in countries like Australia (5.46%), Poland (5.49%), Brazil (7.33%), Greece (9.3%), and Tanzania with a substantial 40.83% increase.
Looking ahead, the global market for manganese ores and concentrates is expected to experience growth driven by increased demand in the steel and battery industries. However, economic and political instability in certain regions may pose challenges, leading to fluctuating import values. Focus will be on emerging economies and technological advancements that could influence supply chains and trade dynamics.
Top countries in Import of Manganese Ores and Concentrates by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 6,709,000,000 | 2023 | +4.62% | +2.86% | View data |
| 2 | 2 India | 919,380,000 | 2023 | +4.3% | +4.31% | View data |
| 3 | 3 Malaysia | 471,960,000 | 2023 | +6.39% | +4.55% | View data |
| 4 | 4 South Korea | 456,210,000 | 2023 | +3.35% | +1.83% | View data |
| 5 | 5 Russia | 414,940,000 | 2023 | +4.95% | +2.61% | View data |
| 6 | 6 Norway | 365,330,000 | 2023 | +3.13% | +2.04% | View data |
| 7 | 7 Japan | 347,260,000 | 2023 | +2.02% | -0.12% | View data |
| 8 | 8 Spain | 141,780,000 | 2023 | +2.48% | +2.93% | View data |
| 9 | 9 Ukraine | 135,250,000 | 2023 | -6.33% | -5.85% | View data |
| 10 | 10 United States | 125,000,000 | 2023 | +1.78% | -1.08% | View data |
