Sri Lanka - Ferro-Manganese - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Manganese Price in Sri Lanka - 2021
Contents:
- Ferro-Manganese Price in Sri Lanka (CIF) - 2022
- Ferro-Manganese Price in Sri Lanka (FOB) - 2022
- Ferro-Manganese Imports in Sri Lanka
- Ferro-Manganese Exports in Sri Lanka
Ferro-Manganese Price in Sri Lanka (CIF) - 2022
The average ferro-manganese import price stood at $129 per ton in 2022, reducing by -9.3% against the previous year. Overall, the import price recorded a dramatic decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 21% against the previous year. The import price peaked at $1,421 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($133 per ton), while the price for India totaled $128 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-20.8%), while the prices for the other major suppliers experienced a decline.
Ferro-Manganese Price in Sri Lanka (FOB) - 2022
The average ferro-manganese export price stood at $1,057 per ton in 2021, surging by 13% against the previous year. Overall, the export price, however, continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2015 an increase of 497% against the previous year. As a result, the export price reached the peak level of $21,592 per ton. From 2016 to 2021, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for India.
From 2014 to 2021, the rate of growth in terms of prices for India amounted to +13.4% per year.
Ferro-Manganese Imports in Sri Lanka
Ferro-manganese imports into Sri Lanka totaled 47 tons in 2022, growing by 8.7% on 2021. The total import volume increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 42%. As a result, imports reached the peak of 51 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, ferro-manganese imports shrank slightly to $6K in 2022. Overall, imports, however, showed a slight decrease. The most prominent rate of growth was recorded in 2021 with an increase of 2.8%.
| Import of Ferro-Manganese in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.5 | 5.8 | 5.5 | 5.1 | -2.5% |
| China | 0.4 | 0.1 | N/A | 1.0 | 35.7% |
| Malaysia | N/A | N/A | 0.3 | N/A | 0% |
| Others | 0.5 | N/A | 0.3 | N/A | -22.5% |
| Total | 6.3 | 6.0 | 6.1 | 6.0 | -1.6% |
Top Suppliers of Ferro-Manganese to Sri Lanka in 2022:
- India (39.8 tons)
- China (7.2 tons)
Ferro-Manganese Exports in Sri Lanka
In 2022, overseas shipments of ferro-manganese decreased by -40.9% to 176 tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 450%. As a result, the exports reached the peak of 297 tons, and then reduced remarkably in the following year.
In value terms, ferro-manganese exports reduced remarkably to $182K in 2022. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 524% against the previous year. As a result, the exports reached the peak of $314K, and then contracted dramatically in the following year.
| Export of Ferro-Manganese in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| India | 50.4 | 314 | 523.0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 50.4 | 314 | 523.0% | ||
Top Export Markets for Ferro-Manganese from Sri Lanka in 2022:
- India (297.4 tons)
This report provides an in-depth analysis of the ferro-manganese market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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
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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
382
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