United Kingdom: Ferro-Silico-Manganese Market 2025

Ferro-Silico-Manganese Market Size in the UK

In 2022, the UK ferro-silico-manganese market increased by 20% to $X, rising for the second year in a row after two years of decline. Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +56.2% against 2020 indices. Ferro-silico-manganese consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Ferro-Silico-Manganese Exports

Exports from the UK

Ferro-silico-manganese exports from the UK rose slightly to X tons in 2022, growing by 2.6% compared with the previous year's figure. Over the period under review, exports, however, recorded a sharp downturn. The growth pace was the most rapid in 2016 with an increase of 94% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, ferro-silico-manganese exports soared to $X in 2022. Overall, exports, however, showed a precipitous setback. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X tons) was the main destination for ferro-silico-manganese exports from the UK, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Poland stood at +17.3%.

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

From 2012 to 2022, the average annual growth rate of value to Poland totaled +31.2%.

Export Prices by Country

The average ferro-silico-manganese export price stood at $X per ton in 2022, surging by 131% against the previous year. Over the period under review, the export price showed a strong expansion. The growth pace was the most rapid in 2017 when the average export price increased by 333%. As a result, the export price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +18.9% per year.

Ferro-Silico-Manganese Imports

Imports into the UK

In 2022, supplies from abroad of ferro-silico-manganese increased by 2.7% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, recorded a slight curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by 27% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, ferro-silico-manganese imports skyrocketed to $X in 2022. Overall, total imports indicated a moderate increase from 2012 to 2022: its value 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, imports increased by +101.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 60% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Norway (X tons) constituted the largest supplier of ferro-silico-manganese to the UK, accounting for a 65% share of total imports. Moreover, ferro-silico-manganese imports from Norway exceeded the figures recorded by the second-largest supplier, India (X tons), ninefold. The third position in this ranking was taken by France (X tons), with a 5.9% share.

From 2012 to 2022, the average annual growth rate of volume from Norway stood at +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+382.1% per year) and France (-19.4% per year).

In value terms, Norway ($X) constituted the largest supplier of ferro-silico-manganese to the UK, comprising 64% of total imports. The second position in the ranking was taken by India ($X), with a 7.2% share of total imports. It was followed by China, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Norway totaled +18.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+584.3% per year) and China (+140.6% per year).

Import Prices by Country

The average ferro-silico-manganese import price stood at $X per ton in 2022, picking up by 30% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.2% 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 import price increased by +79.2% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 76%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($X per ton), while the price for Romania ($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 (+41.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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