In 2023, Malaysia led the global export market for ferro-manganese containing over 2% carbon valued at $492.4 million, exhibiting a year-over-year increase of 5.26%. India followed with $310.34 million, rising by 4.17%, while South Africa, the third-largest exporter, experienced a decline of 8.02%, totaling $125.2 million. Other notable changes include France’s significant positive growth of 12.25%, contrasted by the United Kingdom's decline of 19.05%. The global market has seen a variety of year-on-year performance trends, largely driven by shifts in market demand and supply chain resilience.
Future trends to watch include the impact of global economic shifts on commodity prices and export volumes, particularly for countries with volatile political climates. Economic recovery and infrastructure investments in major importing countries could spur demand, while sustainability and environmental regulations might alter production techniques and export strategies in the coming years.
Top countries in Export of Ferro-Manganese Containing by Weight More Than 2% of Carbon by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malaysia | 492,400,000 | 2023 | +6.39% | +5.26% | View data |
| 2 | 2 India | 310,340,000 | 2023 | +4.27% | +4.17% | View data |
| 3 | 3 South Africa | 125,200,000 | 2023 | -9.33% | -8.02% | View data |
| 4 | 4 Ukraine | 106,030,000 | 2023 | +1.47% | +4.21% | View data |
| 5 | 5 Netherlands | 98,826,000 | 2023 | +4.72% | +2.26% | View data |
| 6 | 6 Russia | 66,127,000 | 2023 | +2.97% | -0.81% | View data |
| 7 | 7 Poland | 49,817,000 | 2023 | +5.06% | +3.04% | View data |
| 8 | 8 Slovakia | 42,626,000 | 2023 | +2.46% | +2.44% | View data |
| 9 | 9 France | 40,003,000 | 2023 | +5.27% | +12.25% | View data |
| 10 | 10 South Korea | 38,801,000 | 2023 | -6.78% | -5.04% | View data |