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India - Ferro-Manganese - Market Analysis, Forecast, Size, Trends And Insights
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Article Publishing Date: Apr 22, 2023
India's Ferro-manganese Price Increases by 2%, Averaging $1,171 per Ton
India Ferro-Manganese Export Price in November 2022
In November 2022, the ferro-manganese price amounted to $1,171 per ton (FOB, India), rising by 2% against the previous month. Over the period under review, the export price, however, saw a noticeable decrease. The pace of growth appeared the most rapid in January 2022 an increase of 5.6% m-o-m. As a result, the export price reached the peak level of $1,882 per ton. From February 2022 to November 2022, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($1,995 per ton), while the average price for exports to Turkey ($904 per ton) was amongst the lowest.
From November 2021 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+2.8%), while the prices for the other major destinations experienced a decline.
| COUNTRY | Nov 2021 | Dec 2021 | Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Export Price of Ferro-Manganese in India (USD per ton) | |||||||||||||
| Canada | 1,435 | 1,951 | 1,266 | 1,613 | 1,277 | 1,957 | 2,108 | N/A | 1,196 | 2,073 | N/A | 965 | 1,995 |
| United Arab Emirates | 2,711 | 2,098 | 2,703 | 2,370 | 2,002 | 1,969 | 1,833 | 1,772 | 1,521 | 1,499 | 1,513 | 1,313 | 1,226 |
| Brazil | 1,518 | 1,671 | 1,579 | 1,314 | 1,282 | 1,722 | 1,695 | 1,641 | 1,143 | 915 | 1,323 | 1,113 | 1,113 |
| South Korea | 1,830 | 1,721 | 1,413 | 1,384 | 1,365 | 1,420 | 1,421 | 1,359 | 1,218 | 1,169 | 1,121 | 1,077 | 1,096 |
| Egypt | 1,656 | 1,665 | 1,650 | 1,530 | 1,416 | 1,661 | 1,647 | 1,601 | 1,466 | 1,262 | 1,978 | 984 | 1,063 |
| Oman | 1,409 | 1,471 | 1,424 | 1,388 | 2,811 | 1,893 | 2,323 | 1,584 | 1,563 | 1,505 | 1,377 | 1,263 | 1,021 |
| United States | 1,557 | 1,424 | 1,161 | 1,615 | 1,918 | 1,855 | 2,000 | 1,218 | 1,228 | 1,193 | 1,141 | 1,136 | 1,009 |
| Vietnam | 2,379 | 1,725 | 1,799 | 1,794 | 1,326 | 1,513 | 1,499 | 1,371 | 1,269 | 1,217 | 901 | 889 | 995 |
| Italy | 1,851 | 1,790 | 1,605 | 1,452 | 1,709 | 1,556 | 1,492 | 1,375 | 1,189 | 1,093 | 1,118 | 922 | 989 |
| Greece | 1,802 | N/A | 1,422 | 2,690 | 1,479 | 1,481 | 2,329 | 1,476 | 1,239 | 925 | 937 | N/A | 948 |
| Indonesia | 1,413 | 2,032 | 1,962 | 1,614 | 1,341 | 1,402 | 1,408 | 1,302 | 1,300 | 1,304 | 1,262 | 975 | 938 |
| Taiwan (Chinese) | 1,464 | 1,603 | 1,399 | 1,344 | 1,382 | 1,556 | 1,389 | 1,311 | 1,280 | 1,027 | 1,013 | 937 | 925 |
| Turkey | 1,949 | 2,447 | 1,778 | 3,009 | 1,877 | 1,896 | 1,409 | 1,556 | 1,402 | 1,026 | 982 | 1,283 | 904 |
| Average | 1,730 | 1,782 | 1,882 | 1,741 | 1,702 | 1,762 | 1,717 | 1,609 | 1,380 | 1,406 | 1,281 | 1,148 | 1,171 |
India Ferro-Manganese Export Prices by Type
Average prices varied somewhat for the major types of exported product. In November 2022, the product with the highest price was ferro-alloys; ferro-manganese, containing by weight 2% or less of carbon ($1,525 per ton), while the average price for exports of ferro-alloys; ferro-manganese, containing by weight more than 2% of carbon stood at $1,113 per ton.
From November 2021 to November 2022, the most notable rate of growth in terms of prices was recorded for the following types: ferro-alloys; ferro-manganese, containing by weight more than 2% of carbon (-2.6%).
India Ferro-Manganese Exports
Ferro-manganese exports from India reduced sharply to 40K tons in November 2022, declining by -19.4% against the month before. In general, exports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in October 2022 when exports increased by 40% m-o-m.
In value terms, ferro-manganese exports shrank notably to $47M (IndexBox estimates) in November 2022. Overall, exports recorded a drastic downturn. The pace of growth appeared the most rapid in October 2022 when exports increased by 25% month-to-month.
India Ferro-Manganese Exports by Type
Ferro-alloys; ferro-manganese, containing by weight more than 2% of carbon (34K tons) was the largest type of ferro-manganese exported from India, accounting for a 86% share of total exports. Moreover, ferro-alloys; ferro-manganese, containing by weight more than 2% of carbon exceeded the volume of the second product type, ferro-alloys; ferro-manganese, containing by weight 2% or less of carbon (5.7K tons), sixfold.
From November 2021 to November 2022, the average monthly growth rate of the volume of export of ferro-alloys; ferro-manganese, containing by weight more than 2% of carbon amounted to -5.0%.
In value terms, ferro-alloys; ferro-manganese, containing by weight more than 2% of carbon ($38M) remains the largest type of ferro-manganese exported from India, comprising 82% of total exports. The second position in the ranking was taken by ferro-alloys; ferro-manganese, containing by weight 2% or less of carbon ($8.6M), with an 18% share of total exports.
From November 2021 to November 2022, the average monthly growth rate of the export volume of ferro-alloys; ferro-manganese, containing by weight more than 2% of carbon totaled -7.4%.
India Ferro-Manganese Exports by Country
The United Arab Emirates (9K tons), the United States (6K tons) and Italy (4.2K tons) were the main destinations of ferro-manganese exports from India, with a combined 48% share of total exports. Canada, Turkey, Brazil, Indonesia, Egypt, Vietnam, South Korea, Oman, Taiwan (Chinese) and Greece lagged somewhat behind, together comprising a further 42%.
From November 2021 to November 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +10.9%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for ferro-manganese exported from India were the United Arab Emirates ($11M), Canada ($8.4M) and the United States ($6M), together comprising 54% of total exports.
Among the main countries of destination, Canada, with a CAGR of +13.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the ferro-manganese market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
• Prodcom 24101215 - Ferro-manganese
Country coverage:
• India
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in India
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles
Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
MARKET TRENDS
This Chapter is Available Only for the Professional Edition
PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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