Report Update Nov 1, 2024

Azerbaijan - Ferro-Manganese - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Ferro-Manganese Market 2024

Ferro-Manganese Market Size in Azerbaijan

In 2022, the Azerbaijani ferro-manganese market increased by 61% to $X, rising for the second consecutive year after three years of decline. Overall, consumption saw a moderate expansion. Ferro-manganese consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Ferro-Manganese Exports

Exports from Azerbaijan

In 2016, approx. X tons of ferro-manganese were exported from Azerbaijan; approximately equating the previous year's figure. In general, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2015. Over the period under review, the exports hit record highs in 2016 and are expected to retain growth in the immediate term.

In value terms, ferro-manganese exports amounted to $X in 2016. Overall, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2015. Over the period under review, the exports attained the maximum in 2016 and are likely to see gradual growth in the immediate term.

Exports by Country

France (X tons) and Canada (X tons) were the main destinations of ferro-manganese exports from Azerbaijan.

From 2014 to 2016, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +274.6%).

In value terms, France ($X) and Canada ($X) appeared to be the largest markets for ferro-manganese exported from Azerbaijan worldwide.

In terms of the main countries of destination, France, with a CAGR of +216.0%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average ferro-manganese export price stood at $X per ton in 2016, approximately reflecting the previous year. Overall, the export price faced a deep downturn. The pace of growth was the most pronounced in 2015 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2016, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2016, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to France totaled $X per ton.

From 2014 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to France (-15.7%).

Ferro-Manganese Imports

Imports into Azerbaijan

In 2022, purchases abroad of ferro-manganese increased by 89% to X tons, rising for the second consecutive year after seven years of decline. Overall, imports saw a relatively flat trend pattern. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, ferro-manganese imports skyrocketed to $X in 2022. In general, imports enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 191%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of ferro-manganese to Azerbaijan, with a 54% share of total imports. Moreover, ferro-manganese imports from Turkey exceeded the figures recorded by the second-largest supplier, South Africa (X tons), twofold. Norway (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey totaled +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+48.1% per year) and Norway (+9.9% per year).

In value terms, Turkey ($X), South Africa ($X) and Norway ($X) appeared to be the largest ferro-manganese suppliers to Azerbaijan, with a combined 90% share of total imports.

South Africa, with a CAGR of +45.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average ferro-manganese import price amounted to $X per ton, reducing by -22.4% against the previous year. Overall, the import price, however, showed pronounced growth. The growth pace was the most rapid in 2021 an increase of 69% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted dramatically 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 Russia ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+37.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ferro-manganese in the world?

China remains the largest ferro-manganese consuming country worldwide, accounting for 37% of total volume. Moreover, ferro-manganese consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. The third position in this ranking was occupied by Japan, with an 8.5% share.

What are the largest producers of ferro-manganese in the world?

China constituted the country with the largest volume of ferro-manganese production, accounting for 36% of total volume. Moreover, ferro-manganese production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Japan, with a 7.6% share.

What are the leading suppliers of ferro-manganese to Azerbaijan?

In value terms, Turkey constituted the largest supplier of ferro-manganese to Azerbaijan, comprising 51% of total imports. The second position in the ranking was occupied by Russia, with a 20% share of total imports. It was followed by India, with a 17% share.

What are the leading importers of ferro-manganese from Azerbaijan?

In value terms, the largest markets for ferro-manganese exported from Azerbaijan were France and Canada.

What is the average export price for ferro-manganese in Azerbaijan?

In 2016, the average ferro-manganese export price amounted to $903 per ton, standing approx. at the previous year.

What is the average import price for ferro-manganese in Azerbaijan?

The average ferro-manganese import price stood at $1,456 per ton in 2020, rising by 4.2% against the previous year.

This report provides an in-depth analysis of the ferro-manganese market in Azerbaijan. 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:

Azerbaijan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Azerbaijan
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023