In 2023, China dominated global manganese ore imports, capturing nearly 64% market share, a growth of 2.86%. India followed with a significant 4.31% increase, accounting for 8.76% of the market. Malaysia and South Korea showed moderate growth rates, while countries like Ukraine, Netherlands, and Colombia experienced declines. Growth in countries such as Brazil (7.33%) and Greece (9.3%) is notable, contrasting with contraction in European markets like the Netherlands and Austria.
Future trends indicate that China's dominance will likely continue due to its massive steel production demands. Emerging markets such as India and Brazil, with robust industrial growth, may increase their import share, while geopolitical factors could impact trade dynamics for countries like Russia and Ukraine. Additionally, environmental regulations and sustainability trends might influence sourcing strategies and import shares globally.
Top countries in Import of Manganese Ores and Concentrates Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 63.92 | 2023 | +4.62% | +2.86% | View data |
| 2 | 2 India | 8.76 | 2023 | +4.3% | +4.31% | View data |
| 3 | 3 Malaysia | 4.5 | 2023 | +6.39% | +4.55% | View data |
| 4 | 4 South Korea | 4.35 | 2023 | +3.35% | +1.83% | View data |
| 5 | 5 Russia | 3.95 | 2023 | +4.95% | +2.61% | View data |
| 6 | 6 Norway | 3.48 | 2023 | +3.13% | +2.04% | View data |
| 7 | 7 Japan | 3.31 | 2023 | +2.02% | -0.12% | View data |
| 8 | 8 Spain | 1.35 | 2023 | +2.48% | +2.93% | View data |
| 9 | 9 Ukraine | 1.29 | 2023 | -6.33% | -5.85% | View data |
| 10 | 10 United States | 1.19 | 2023 | +1.78% | -1.08% | View data |
