Report Update Feb 1, 2025

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

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Thailand: Ferro-Manganese Market 2025

Ferro-Manganese Market Size in Thailand

The Thai ferro-manganese market expanded markedly to $X in 2022, rising by 5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a prominent increase. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Ferro-Manganese Exports

Exports from Thailand

In 2022, shipments abroad of ferro-manganese decreased by -52.8% to X tons, falling for the second year in a row after four years of growth. In general, exports showed a deep downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 76%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, ferro-manganese exports contracted markedly to $X in 2022. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 131%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Norway (X tons) was the main destination for ferro-manganese exports from Thailand, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Norway totaled +62.2%.

In value terms, Norway ($X) emerged as the key foreign market for ferro-manganese exports from Thailand.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway totaled +580.4%.

Export Prices by Country

In 2022, the average ferro-manganese export price amounted to $X per ton, approximately reflecting the previous year. Overall, the export price showed prominent growth. The pace of growth was the most pronounced in 2021 an increase of 749% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +320.4% per year.

Ferro-Manganese Imports

Imports into Thailand

Ferro-manganese imports into Thailand stood at X tons in 2022, therefore, remained relatively stable against the previous year's figure. Overall, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 59%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, ferro-manganese imports rose markedly to $X in 2022. In general, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 112%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, India (X tons) constituted the largest ferro-manganese supplier to Thailand, with a 60% share of total imports. Moreover, ferro-manganese imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Japan (X tons) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+20.9% per year) and Japan (-3.3% per year).

In value terms, the largest ferro-manganese suppliers to Thailand were India ($X), China ($X) and Japan ($X), with a combined 89% share of total imports. Mexico, Taiwan (Chinese) and South Africa lagged somewhat behind, together comprising a further 5.6%.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +37.2%, recorded the highest rates of growth with regard to the value of imports, 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, rising by 7.5% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 37%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+10.0%), 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?

The country with the largest volume of ferro-manganese consumption was China, 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. Japan ranked third in terms of total consumption with an 8.5% share.

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

China remains the largest ferro-manganese producing country worldwide, accounting for 36% of total volume. Moreover, ferro-manganese production in China exceeded the figures recorded by the second-largest producer, India, threefold. Japan ranked third in terms of total production with a 7.6% share.

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

In value terms, India constituted the largest supplier of ferro-manganese to Thailand, comprising 55% of total imports. The second position in the ranking was occupied by Japan, with a 12% share of total imports. It was followed by Mexico, with a 7.7% share.

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

In value terms, the largest markets for ferro-manganese exported from Thailand were Lao People's Democratic Republic and China.

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

The average ferro-manganese export price stood at $1,048 per ton in 2020, waning by -20.1% against the previous year.

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

In 2020, the average ferro-manganese import price amounted to $986 per ton, shrinking by -11.1% against the previous year.

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

Thailand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Thailand
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024