South Africa: Ferro-Silico-Manganese Market 2025

Ferro-Silico-Manganese Market Size in South Africa

The South African ferro-silico-manganese market plummeted to $X in 2022, which is down by -40% against the previous year. Over the period under review, consumption continues to indicate a deep contraction. Ferro-silico-manganese consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Ferro-Silico-Manganese Production in South Africa

In value terms, ferro-silico-manganese production reduced to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by 45% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Ferro-Silico-Manganese Exports

Exports from South Africa

In 2022, overseas shipments of ferro-silico-manganese increased by 16% to X tons, rising for the second consecutive year after two years of decline. In general, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of 473%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, ferro-silico-manganese exports skyrocketed to $X in 2022. Overall, exports showed resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of 344%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for ferro-silico-manganese exports from South Africa, with a 83% share of total exports. Moreover, ferro-silico-manganese exports to the United States exceeded the volume sent to the second major destination, Italy (X tons), ninefold. The Netherlands (X tons) ranked third in terms of total exports with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+23.0% per year) and the Netherlands (+9.4% per year).

In value terms, the United States ($X) remains the key foreign market for ferro-silico-manganese exports from South Africa, comprising 75% of total exports. The second position in the ranking was taken by Italy ($X), with a 13% share of total exports. It was followed by Sweden, with a 3.3% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +14.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+30.7% per year) and Sweden (+58.4% per year).

Export Prices by Country

The average ferro-silico-manganese export price stood at $X per ton in 2022, surging by 28% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-silico-manganese export price increased by +37.3% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 49%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to the United States ($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 Spain (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Silico-Manganese Imports

Imports into South Africa

In 2022, overseas purchases of ferro-silico-manganese increased by 39% to X tons, rising for the second consecutive year after two years of decline. In general, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by 69%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, ferro-silico-manganese imports surged to $X in 2022. Overall, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Zambia (X tons) constituted the largest supplier of ferro-silico-manganese to South Africa, with a 87% share of total imports. Moreover, ferro-silico-manganese imports from Zambia exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold. Norway (X tons) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Zambia amounted to +22.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-3.8% per year) and Norway (-13.9% per year).

In value terms, Zambia ($X) constituted the largest supplier of ferro-silico-manganese to South Africa, comprising 76% of total imports. The second position in the ranking was held by Spain ($X), with a 15% share of total imports. It was followed by Norway, with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Zambia amounted to +21.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+2.1% per year) and Norway (-10.4% per year).

Import Prices by Country

The average ferro-silico-manganese import price stood at $X per ton in 2022, with an increase of 51% against the previous year. In general, the import price, however, showed a mild reduction. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Zambia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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