South Africa - Ferro-Manganese - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Manganese Price in South Africa - 2023
Contents:
- Ferro-Manganese Price in South Africa (FOB) - 2023
- Ferro-Manganese Price in South Africa (CIF) - 2022
- Ferro-Manganese Exports in South Africa
- Ferro-Manganese Imports in South Africa
Ferro-Manganese Price in South Africa (FOB) - 2023
The average ferro-manganese export price stood at $1,373 per ton in July 2023, with an increase of 9.3% against the previous month. In general, the export price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in November 2022 an increase of 40% month-to-month. The export price peaked at $2,528 per ton in September 2022; however, from October 2022 to July 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In July 2023, the highest price was recorded for prices to Italy ($1,528 per ton) and the United States ($1,421 per ton), while the average price for exports to Germany ($1,298 per ton) and France ($1,384 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+2.7%), while the prices for the other major destinations experienced a decline.
Ferro-Manganese Price in South Africa (CIF) - 2022
The average ferro-manganese import price stood at $1,336 per ton in 2022, declining by -8.8% against the previous year. Overall, the import price, however, saw buoyant growth. The growth pace was the most rapid in 2021 when the average import price increased by 93% against the previous year. As a result, import price reached the peak level of $1,465 per ton, and then shrank in the following year.
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 the United Arab Emirates ($2,666 per ton), while the price for Zambia ($1,213 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+26.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Manganese Exports in South Africa
Ferro-manganese exports from South Africa skyrocketed to 199K tons in 2022, jumping by 16% on the year before. Overall, exports, however, continue to indicate a drastic downturn.
In value terms, ferro-manganese exports soared to $251M in 2022. In general, exports, however, saw a noticeable slump.
| Export of Ferro-Manganese in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 50.0 | 26.3 | 44.3 | 55.2 | 3.4% |
| Germany | 27.2 | 22.0 | 21.9 | 40.4 | 14.1% |
| Qatar | 11.2 | 10.6 | 10.0 | 12.5 | 3.7% |
| Italy | 13.5 | 8.9 | 10.9 | 12.2 | -3.3% |
| Indonesia | 2.1 | 9.7 | 7.7 | 8.2 | 57.5% |
| Canada | 0.4 | 2.1 | 4.6 | 7.3 | 163.3% |
| France | 6.3 | 2.7 | 2.8 | 6.8 | 2.6% |
| Sweden | 9.8 | 2.9 | 6.3 | 6.4 | -13.2% |
| Netherlands | 12.4 | 4.2 | 4.1 | 4.5 | -28.7% |
| India | 16.8 | 10.1 | 4.7 | 4.3 | -36.5% |
| Belgium | 2.1 | 2.1 | 2.7 | 2.9 | 11.4% |
| Austria | 12.6 | 9.3 | 9.1 | 2.3 | -43.3% |
| Turkey | 4.8 | 3.4 | 1.3 | 1.2 | -37.0% |
| Others | 123 | 71.2 | 71.5 | 87.2 | -10.8% |
| Total | 292 | 185 | 202 | 251 | -4.9% |
Top Export Markets for Ferro-Manganese from South Africa in 2022:
- Germany (34.0K tons)
- United States (28.5K tons)
- Indonesia (16.6K tons)
- Qatar (10.1K tons)
- Italy (8.0K tons)
- Sweden (6.7K tons)
- Belgium (5.2K tons)
- Canada (4.7K tons)
- France (4.5K tons)
- Netherlands (3.8K tons)
- India (3.1K tons)
- Austria (2.2K tons)
- Turkey (1.3K tons)
Ferro-Manganese Imports in South Africa
In 2022, imports of ferro-manganese into South Africa dropped rapidly to 2.5K tons, shrinking by -30.7% on the previous year's figure. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 611%. As a result, imports attained the peak of 3.7K tons, and then shrank sharply in the following year.
In value terms, ferro-manganese imports dropped significantly to $3.4M in 2022. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 1,275% against the previous year. As a result, imports reached the peak of $5.4M, and then declined remarkably in the following year.
| Import of Ferro-Manganese in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 355 | 167 | 1,458 | 2,011 | 78.3% |
| Australia | N/A | N/A | N/A | 651 | 0% |
| India | 10.7 | 131 | 2,708 | 527 | 266.6% |
| United Arab Emirates | 5.3 | N/A | 61.2 | 104 | 169.7% |
| Turkey | N/A | N/A | 716 | N/A | 0% |
| Others | 18.7 | 94.3 | 446 | 112 | 81.6% |
| Total | 389 | 392 | 5,390 | 3,406 | 106.1% |
Top Suppliers of Ferro-Manganese to South Africa in 2022:
- Zambia (1657.4 tons)
- India (428.4 tons)
- Australia (380.9 tons)
- United Arab Emirates (39.1 tons)
This report provides an in-depth analysis of the ferro-manganese market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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.
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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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