Hong Kong SAR, China: Ferro-Manganese Market 2025

Ferro-Manganese Market Size in Hong Kong SAR, China

The Hong Kong ferro-manganese market shrank rapidly to $X in 2022, which is down by -52.5% against the previous year. In general, consumption, however, continues to indicate a resilient increase. Ferro-manganese consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Ferro-Manganese Production in Hong Kong SAR, China

In value terms, ferro-manganese production fell to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 20%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Ferro-Manganese Exports

Exports from Hong Kong SAR, China

Ferro-manganese exports from Hong Kong SAR skyrocketed to X tons in 2022, with an increase of 354% against the previous year. Overall, exports, however, showed a slight decrease. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, ferro-manganese exports surged to $X in 2022. In general, exports continue to indicate pronounced growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Uzbekistan (X tons) was the main destination for ferro-manganese exports from Hong Kong SAR, with a 43% share of total exports. Moreover, ferro-manganese exports to Uzbekistan exceeded the volume sent to the second major destination, the Philippines (X tons), twofold. The third position in this ranking was held by Indonesia (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uzbekistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (-5.8% per year) and Indonesia (-1.2% per year).

In value terms, Uzbekistan ($X) emerged as the key foreign market for ferro-manganese exports from Hong Kong SAR, comprising 50% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 16% share of total exports. It was followed by the Philippines, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Uzbekistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+0.1% per year) and the Philippines (-2.7% per year).

Export Prices by Country

The average ferro-manganese export price stood at $X per ton in 2022, surging by 37% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-manganese export price increased by +90.9% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by 39% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+34.7%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Manganese Imports

Imports into Hong Kong SAR, China

In 2022, the amount of ferro-manganese imported into Hong Kong SAR contracted rapidly to X tons, reducing by -50% on the year before. Over the period under review, imports saw a precipitous contraction. Over the period under review, imports hit record highs at X tons in 2021, and then reduced markedly in the following year.

In value terms, ferro-manganese imports dropped remarkably to $X in 2022. Overall, imports faced a precipitous setback. Over the period under review, imports attained the peak figure at $X in 2021, and then declined markedly in the following year.

Imports by Country

In 2022, Vietnam (X tons) constituted the largest supplier of ferro-manganese to Hong Kong SAR, accounting for a 83% share of total imports. Moreover, ferro-manganese imports from Vietnam exceeded the figures recorded by the second-largest supplier, Mexico (X tons), fivefold.

From 2021 to 2022, the average annual growth rate of volume from Vietnam amounted to -24.8%.

In value terms, Vietnam ($X) constituted the largest supplier of ferro-manganese to Hong Kong SAR, comprising 72% of total imports. The second position in the ranking was held by Mexico ($X), with a 6.9% share of total imports.

From 2021 to 2022, the average annual rate of growth in terms of value from Vietnam totaled -32.2%.

Import Prices by Country

In 2022, the average ferro-manganese import price amounted to $X per ton, remaining stable against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2021, and then fell 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 Vietnam ($X per ton), while the price for Mexico amounted to $X per ton.

From 2021 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-9.8%).

Source: IndexBox Platform

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