Pakistan: Ferro-Manganese Market 2025

Ferro-Manganese Market Size in Pakistan

In 2022, the Pakistani ferro-manganese market increased by 29% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Ferro-Manganese Exports

Exports from Pakistan

In 2022, shipments abroad of ferro-manganese decreased by 0% to X tons, falling for the fourth year in a row after two years of growth. Overall, exports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 4.5%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, ferro-manganese exports totaled $X in 2022. Over the period under review, exports showed a precipitous decrease. The smallest decline of -11% was in 2013. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Malawi (X kg) was the main destination for ferro-manganese exports from Pakistan, accounting for a approx. 15% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malawi amounted to -15.6%.

From 2012 to 2022, the average annual rate of growth in terms of value to Malawi stood at -22.6%.

Export Prices by Country

In 2022, the average ferro-manganese export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price saw a drastic downturn. The growth pace was the most rapid in 2013 when the average export price increased by 90% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, 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 Malawi.

From 2012 to 2022, the rate of growth in terms of prices for Malawi amounted to -8.3% per year.

Ferro-Manganese Imports

Imports into Pakistan

In 2022, approx. X tons of ferro-manganese were imported into Pakistan; surging by 5.9% against the previous year's figure. Over the period under review, imports, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2017 with an increase of 66%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ferro-manganese imports soared to $X in 2022. Overall, total imports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.6% against 2019 indices. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of ferro-manganese to Pakistan, accounting for a 45% share of total imports. Moreover, ferro-manganese imports from India exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), threefold. China (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India amounted to -8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+32.5% per year) and China (+2.5% per year).

In value terms, Malaysia ($X), China ($X) and South Africa ($X) appeared to be the largest ferro-manganese suppliers to Pakistan, with a combined 60% share of total imports.

Malaysia, with a CAGR of +51.7%, saw the highest rates of growth with regard to 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

The average ferro-manganese import price stood at $X per ton in 2022, rising by 37% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-manganese import price increased by +88.3% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Chile ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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