China - Ferro-Manganese - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingChina's Ferro-manganese Export Slumps 69% to $458K in March 2023
China Ferro Manganese Exports
After three months of growth, overseas shipments of ferro-manganese decreased by -70.3% to 262 tons in March 2023. In general, exports faced a sharp shrinkage. The pace of growth was the most pronounced in January 2023 with an increase of 202% against the previous month.
In value terms, ferro-manganese exports shrank significantly to $458K (IndexBox estimates) in March 2023. Over the period under review, exports continue to indicate a significant decrease. The most prominent rate of growth was recorded in January 2023 with an increase of 273% against the previous month.
| COUNTRY | Export Value of Ferro Manganese in China (thousand USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | |
| Mongolia | 133 | < 0.1 | 369 | 342 | 529 | 133 | < 0.1 | 102 | < 0.1 | 104 | < 0.1 | 41.0 | 184 |
| Russia | 331 | 375 | 369 | 157 | 269 | 267 | 306 | 199 | < 0.1 | < 0.1 | 591 | 17.6 | 104 |
| United Arab Emirates | 5,120 | 2,428 | < 0.1 | < 0.1 | 21.0 | 2,207 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | 52.9 |
| Nigeria | 99.9 | 44.5 | < 0.1 | < 0.1 | 45.9 | 43.2 | 35.1 | 35.1 | 70.2 | 36.5 | 43.2 | < 0.1 | 45.6 |
| Japan | < 0.1 | < 0.1 | 30.0 | < 0.1 | 69.5 | < 0.1 | 45.6 | 19.2 | 14.8 | 14.1 | 9.5 | 14.8 | 44.4 |
| Philippines | < 0.1 | 62.8 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | 32.5 | < 0.1 | < 0.1 | < 0.1 | 22.6 |
| Uzbekistan | 95.0 | 676 | < 0.1 | 308 | < 0.1 | 1,085 | 42.6 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | 1,232 | 5.0 |
| Netherlands | 2,374 | 1,422 | 324 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 |
| Iran | < 0.1 | < 0.1 | < 0.1 | 1,057 | 3,924 | 234 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | 72.5 | < 0.1 |
| Oman | < 0.1 | < 0.1 | 3,537 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 |
| Malaysia | 2,547 | 271 | < 0.1 | 80.0 | < 0.1 | 605 | 9.7 | 59.4 | < 0.1 | 28.9 | < 0.1 | 31.7 | < 0.1 |
| Vietnam | 899 | 858 | 1,199 | 64.9 | < 0.1 | 0.4 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 |
| South Korea | 1,807 | 3,035 | 96.1 | 2,007 | < 0.1 | < 0.1 | 111 | 121 | < 0.1 | 1.1 | < 0.1 | < 0.1 | < 0.1 |
| Others | 1,601 | 4,610 | 1,924 | 518 | 239 | 196 | 385 | 477 | 57.4 | 152 | 609 | 77.9 | < 0.1 |
| Total | 15,007 | 13,783 | 7,848 | 4,534 | 5,097 | 4,771 | 935 | 1,012 | 175 | 336 | 1,253 | 1,488 | 458 |
Exports by Country
Mongolia (122 tons) was the main destination for ferro-manganese exports from China, accounting for a 47% share of total exports. Moreover, ferro-manganese exports to Mongolia exceeded the volume sent to the second major destination, Russia (52 tons), twofold. The third position in this ranking was taken by Nigeria (27 tons), with a 10% share.
From March 2022 to March 2023, the average monthly rate of growth in terms of volume to Mongolia amounted to +2.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Russia (-10.1% per month) and Nigeria (-5.6% per month).
In value terms, the largest markets for ferro-manganese exported from China were Mongolia ($184K), Russia ($104K) and the United Arab Emirates ($53K), with a combined 74% share of total exports. Nigeria, Japan, the Philippines and Uzbekistan lagged somewhat behind, together comprising a further 26%.
In terms of the main countries of destination, Japan, with a CAGR of +4.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.
Exports by Type
Ferro-alloys; ferro-manganese, containing by weight 2% or less of carbon (148 tons) and ferro-alloys; ferro-manganese, containing by weight more than 2% of carbon (114 tons) were the main products of ferro-manganese exports from China.
From March 2022 to March 2023, the biggest increases were in ferro-alloys; ferro-manganese, containing by weight more than 2% of carbon (with a CAGR of -15.1%).
In value terms, ferro-alloys; ferro-manganese, containing by weight 2% or less of carbon ($323K) remains the largest type of ferro-manganese exported from China, comprising 70% of total exports. The second position in the ranking was taken by ferro-alloys; ferro-manganese, containing by weight more than 2% of carbon ($135K), with a 30% share of total exports.
From March 2022 to March 2023, the average monthly growth rate of the export volume of ferro-alloys; ferro-manganese, containing by weight 2% or less of carbon amounted to -26.8%.
Export Prices by Country
In March 2023, the ferro manganese price amounted to $1,750 per ton (FOB, China), rising by 3.7% against the previous month. Over the period under review, the export price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in August 2022 an increase of 29% against the previous month. The export price peaked at $2,278 per ton in May 2022; however, from June 2022 to March 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In March 2023, the country with the highest price was Japan ($4,443 per ton), while the average price for exports to the Philippines ($1,130 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
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
-
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
-
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
-
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
-
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
-
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
-
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
