What this market covers
Ferro-manganese with a high carbon content.
Typical segments
- Standard high carbon grade
- Lump grade
- Crushed grade
- Powder grade
Why this market is moving now
- World trade shrank 16% from 2019 to 2024, a direct read on cross-border demand.
Key figures
Global figures for this market, with the year each one describes. Use Cite to copy a reference to this page.
| Figure | Value | Year | Cite |
|---|---|---|---|
| World exports of high carbon ferro-manganese (HS 720211) were worth $1.37 billion in 2024. | 1.37 USD billion | 2024 | |
| World exports were 16% lower in 2024 than in 2019 ($1.62 billion), calculated from the annual totals. | -16 % since 2019 | 2024 | |
| India was the largest exporter in 2024, with 40% of world exports ($549.2 million). | 40 % of world exports | 2024 | |
| The three largest exporters, India, Malaysia and Norway, shipped 70% of world exports in 2024. | 70 % of world exports | 2024 | |
| The United States was the largest importer in 2024, buying $236.7 million, or 17% of world imports. | 17 % of world imports | 2024 | |
| 31 countries exported more than $1 million of this product in 2024. | 31 countries | 2024 | |
| The average world export price was about $1.08 per kilogram in 2024, calculated from value and weight. | 1.08 USD per kg | 2024 | |
| Countries exported 1.26 million tonnes of this product in 2024. | 1.26 million tonnes | 2024 |
Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.
Buyers and suppliers
Who buys
- Steel mills
- Foundries
- Alloy traders
Largest exporting countries, 2024
Largest importing countries, 2024
What the full report covers
- 01Executive summary
The answer in one page: size, direction and what moves it - 02Market definition and scope
What is in and out of the global market - 03Global market size, 2021 to 2025
Historical series and growth rates - 04Countries and regions
Demand, supply and trade by country and region - 05Outlook to 2031
Base, low and high scenarios with stated assumptions - 06Rules, policy and deadlines
Regulation and programmes that change demand - 07Drivers and barriers
What accelerates or slows adoption, by customer segment - 08Prices, costs and margins
Unit economics where public data allows - 09Competitive landscape
8 to 12 company profiles with recent moves - 10Opportunities and risks
For new entrants, suppliers and investors - 11Method and assumptions
How every figure was built
Included with the full report
- PDF report, 40 to 60 pages
- Excel data pack
- Ready-to-use charts
- Method note and assumptions
- Written to order in 5 working days
Frequently asked questions
How big is the global high carbon ferro-manganese market?
There is no single official market total. World exports of HS 720211 reached $1.37 billion in 2024, a direct measure of cross-border trade.
Which countries export the most high carbon ferro-manganese?
India led world exports in 2024 with 40% of the total, followed by Malaysia, Norway and Australia.
Which countries import the most high carbon ferro-manganese?
The United States was the largest importer in 2024, followed by the United Arab Emirates, Germany and the Netherlands.
Is world trade in high carbon ferro-manganese growing?
World exports were 16% lower in 2024 than in 2019.
What is the average export price of high carbon ferro-manganese?
Dividing world export value by weight gives about $1.08 per kilogram in 2024.
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