India - Ferro-Manganese - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndia'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 |
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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
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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