Forecast: Import of Manganese to Malaysia

In 2023, Malaysia imported 639.2 thousand kilograms of manganese. Forecasted data indicates a steady increase: 664.33 thousand kilograms in 2024, 690.57 thousand kilograms in 2025, 716.29 thousand kilograms in 2026, 741.49 thousand kilograms in 2027, and 766.18 thousand kilograms in 2028.

Year-on-year variations:

  • 2023-2024: 3.9%
  • 2024-2025: 4.0%
  • 2025-2026: 3.7%
  • 2026-2027: 3.5%
  • 2027-2028: 3.3%

The Compound Annual Growth Rate (CAGR) over the forecasted five-year period (2024-2028) is approximately 4.1%, reflecting moderate but consistent growth.

Future trends to watch for:

  • Global demand for manganese, influenced by its use in steelmaking and battery production.
  • Economic and industrial growth within Malaysia, driving import needs.
  • Global supply chain dynamics and potential geopolitical impacts on manganese availability.
  • Technological advancements and shifts toward green energy which may alter demand patterns.

Top Countries about Manganese