China - Ferro-Manganese - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Manganese Price in China - 2023
Contents:
- Ferro-Manganese Price in China (FOB) - 2023
- Ferro-Manganese Price in China (CIF) - 2022
- Ferro-Manganese Exports in China
- Ferro-Manganese Imports in China
Ferro-Manganese Price in China (FOB) - 2023
The average ferro-manganese export price stood at $1,622 per ton in June 2023, growing by 3.2% against the previous month. Overall, the export price, however, saw a mild downturn. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 32% against the previous month. As a result, the export price attained the peak level of $2,303 per ton. From May 2023 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Kyrgyzstan ($2,126 per ton), while the average price for exports to Mongolia ($1,115 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.
Ferro-Manganese Price in China (CIF) - 2022
The average ferro-manganese import price stood at $697 per ton in 2022, growing by 70% against the previous year. Over the period under review, the import price, however, saw a perceptible curtailment. Over the period under review, average import prices hit record highs at $1,539 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($843 per ton), while the price for France ($65 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (-3.6%), while the prices for the other major suppliers experienced a decline.
Ferro-Manganese Exports in China
In 2022, the amount of ferro-manganese exported from China soared to 59K tons, growing by 78% on 2021 figures. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 296%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, ferro-manganese exports surged to $118M in 2022. Overall, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 258%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Ferro-Manganese in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.1 | 0.1 | 2.8 | 32.3 | 586.1% |
| Uzbekistan | 9.3 | 9.0 | 4.6 | 15.8 | 19.3% |
| Netherlands | N/A | 0.1 | 0.3 | 6.8 | 724.6% |
| Malaysia | 0.5 | 0.5 | 2.4 | 6.1 | 130.2% |
| Italy | 0.2 | 0.1 | 0.4 | 3.8 | 166.8% |
| India | 0.5 | 0.5 | 0.3 | 3.6 | 93.1% |
| Finland | 1.3 | 0.8 | 1.6 | 3.4 | 37.8% |
| Germany | 0.6 | 1.0 | 0.2 | 2.0 | 49.4% |
| Kazakhstan | N/A | N/A | N/A | 1.9 | 0% |
| Australia | 0.2 | 0.1 | 0.4 | 0.9 | 65.1% |
| Myanmar | 0.4 | 0.1 | N/A | 0.1 | -37.0% |
| Indonesia | 0.6 | 0.2 | 8.5 | N/A | 276.4% |
| Taiwan (Chinese) | 0.6 | 0.3 | 7.9 | N/A | 262.9% |
| Others | 7.4 | 3.7 | 30.5 | 41.5 | 77.7% |
| Total | 21.6 | 16.7 | 59.8 | 118 | 76.1% |
Top Export Markets for Ferro-Manganese from China in 2022:
- Turkey (14.2K tons)
- Uzbekistan (4.7K tons)
- Netherlands (3.7K tons)
- Malaysia (3.6K tons)
- India (2.1K tons)
- Italy (1.8K tons)
- Germany (1.2K tons)
- Finland (0.9K tons)
- Australia (0.8K tons)
- Kazakhstan (0.6K tons)
- Myanmar (0.4K tons)
Ferro-Manganese Imports in China
In 2022, approx. 1.4K tons of ferro-manganese were imported into China; reducing by -45.9% against the previous year. Overall, imports faced a significant contraction. The smallest decline of -12.5% was in 2020.
In value terms, ferro-manganese imports dropped to $953K in 2022. In general, imports showed a dramatic curtailment.
| Import of Ferro-Manganese in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 432 | 487 | 434 | 418 | -1.1% |
| Vietnam | 54.3 | N/A | 394 | 336 | 83.6% |
| South Korea | 129 | 100 | 11.4 | 13.8 | -52.5% |
| France | N/A | N/A | 0.8 | 1.7 | 112.5% |
| South Africa | 2,385 | 2,251 | N/A | N/A | -5.6% |
| Myanmar | N/A | 693 | 149 | N/A | -78.5% |
| Australia | 5,321 | 2,289 | N/A | N/A | -57.0% |
| Others | 22.7 | 61.7 | 47.3 | 183 | 100.5% |
| Total | 8,344 | 5,882 | 1,037 | 953 | -51.5% |
Top Suppliers of Ferro-Manganese to China in 2022:
- Vietnam (811.3 tons)
- Japan (495.9 tons)
- France (26.8 tons)
- South Korea (22.7 tons)
This report provides an in-depth analysis of the ferro-manganese market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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