As of 2023, the US imported manganese stood at 23.5 million kilograms. The forecast for 2024 indicates a gradual decrease in import volume beginning with 22.989 million kilograms. This decreasing trend continues through to 2028, with imports expected to drop to 20.962 million kilograms. The year-on-year percentage change from 2024 to 2025 is approximately -2.3%, and if this trend continues, a Compound Annual Growth Rate (CAGR) of around -3% can be anticipated over the five-year period.
Future trends to watch include:
- Emerging technologies that might impact manganese demand, especially in the steel and battery industries.
- Potential shifts in US trade policies that could either alleviate or exacerbate the forecasted decline in manganese imports.
- Global economic conditions that could influence the mining and availability of manganese, impacting global supply chains.