Manganese traded flat at 29.45 CNY/mtu on July 18, 2025. Over the past month, Manganese's price has risen 0.34%, but it is still 14.01% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Manganese Ore - values, historical data, forecasts and news - updated on July of 2025.

Price for Manganese Ore and Concentrate in India - 2023. Find the latest marketing data on the IndexBox platform.

The Indian manganese ore and concentrate market was finally on the rise to reach $2B in 2024, after two years of decline. In general, consumption saw a resilient increase. Over the period under review, the market reached the peak level in 2024 and is likely to continue growth in the near future.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

India Wholesale Price Index: 82p: Average: Primary Articles: Minerals: Metallic Minerals: Manganese Ore data was reported at 525.400 1981-1982=100 in Mar 2000. This stayed constant from the previous number of 525.400 1981-1982=100 for Feb 2000. India Wholesale Price Index: 82p: Average: Primary Articles: Minerals: Metallic Minerals: Manganese Ore data is updated monthly, averaging 148.400 1981-1982=100 from Apr 1982 (Median) to Mar 2000, with 216 observations. The data reached an all-time high of 525.400 1981-1982=100 in Mar 2000 and a record low of 116.200 1981-1982=100 in Dec 1983. India Wholesale Price Index: 82p: Average: Primary Articles: Minerals: Metallic Minerals: Manganese Ore data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under India Premium Database’s Inflation – Table IN.IH128: Wholesale Price Index: 1981-82=100: Primary Articles: Minerals. Rebased from 1981-82=100 to 1993-94=100. Replacement series ID: 19628701

811 Global import shipment records of Manganese Ore Lumps with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

India WPI: Primary Articles: Minerals: Metaillic: Manganese Ore data was reported at 254.400 2004-2005=100 in Mar 2017. This records an increase from the previous number of 239.700 2004-2005=100 for Feb 2017. India WPI: Primary Articles: Minerals: Metaillic: Manganese Ore data is updated monthly, averaging 188.750 2004-2005=100 from Apr 2004 (Median) to Mar 2017, with 156 observations. The data reached an all-time high of 458.100 2004-2005=100 in Mar 2010 and a record low of 95.100 2004-2005=100 in Jan 2016. India WPI: Primary Articles: Minerals: Metaillic: Manganese Ore data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under Global Database’s India – Table IN.IH060: Wholesale Price Index: 2004-05=100: Primary Articles: Minerals. Rebased from 2004-05=100 to 2011-12=100 Replacement series ID: 387158047

The global manganese ore processing line market, valued at $423 million in 2025, is projected to experience steady growth, driven by the increasing demand for manganese in steel production and other industrial applications. A Compound Annual Growth Rate (CAGR) of 2.7% from 2025 to 2033 indicates a continuous, albeit moderate, expansion. Key drivers include the burgeoning construction and infrastructure sectors globally, particularly in developing economies experiencing rapid urbanization. Furthermore, the growing adoption of electric vehicles (EVs) and the associated demand for high-strength steel further fuels market growth, as manganese is a crucial alloying element. Market segmentation reveals a significant share held by the fixed type manganese ore processing lines, favored for their stability and higher processing capacity compared to mobile counterparts. The mining application segment dominates, reflecting the primary source of manganese ore. However, increasing diversification into metallurgy and other applications is expected to contribute to future growth. Geopolitically, regions like Asia-Pacific (particularly China and India), known for their substantial steel production and manganese reserves, are anticipated to hold a significant market share, while North America and Europe are expected to maintain stable growth driven by established industrial bases. Competitive dynamics are characterized by a mix of established players and regional manufacturers, leading to both price competition and technological innovation within the sector. The market's growth trajectory is influenced by several factors. While the aforementioned drivers create positive momentum, potential restraints include fluctuations in manganese ore prices, the environmental impact of manganese mining and processing, and the availability of skilled labor. Technological advancements in automation and process optimization will likely be key competitive factors, influencing efficiency and profitability. Furthermore, the increasing focus on sustainable mining practices and environmental regulations will shape future investment decisions and potentially alter the competitive landscape. Companies will need to adapt to changing demands by investing in greener technologies and improving supply chain resilience to capitalize on future growth opportunities. The projected market size for 2033 can be estimated by applying the CAGR to the 2025 value, although precise figures would require a more detailed market analysis with specific industry data points.

The manganese ore market is experiencing robust growth, driven by the increasing demand from steel and other metallurgical industries. While precise figures for market size and CAGR are unavailable, a reasonable estimation, based on industry reports and trends, would place the 2025 market value at approximately $15 billion, with a Compound Annual Growth Rate (CAGR) of around 5% projected for the forecast period (2025-2033). This growth is fueled by several key factors, including the expansion of the global steel industry, particularly in developing economies like India and China, and the rising adoption of manganese alloys in various applications such as batteries, fertilizers, and chemical manufacturing. Furthermore, ongoing technological advancements in manganese extraction and processing are contributing to improved efficiency and reduced costs. However, the market faces some challenges. Fluctuations in raw material prices, environmental concerns related to mining operations, and geopolitical factors impacting supply chains are potential restraints on market expansion. The competitive landscape is relatively consolidated, with major players like BHP Billiton, Vale, and Eramet Comilog holding significant market shares. Smaller companies and regional players like MOIL Ltd and Dharni Sampda Private Ltd also contribute, creating a diverse market structure. Future market growth will likely hinge on sustainable mining practices, technological innovation to mitigate environmental impacts, and strategic partnerships to secure raw material supplies and navigate geopolitical risks. Geographical distribution will continue to reflect existing resource concentrations, with regions possessing abundant manganese ore deposits retaining strong market positions. The ongoing shift towards electric vehicles and energy storage solutions could further drive manganese ore demand in the coming years, presenting exciting opportunities for industry participants.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

The manganese market, valued at approximately $XX million in 2025, is projected to experience steady growth, exhibiting a compound annual growth rate (CAGR) of 3.87% from 2025 to 2033. This expansion is primarily driven by the burgeoning demand for manganese in various applications, particularly in the burgeoning renewable energy sector (power storage and electricity) and the robust construction industry, both experiencing significant global expansion. The increasing adoption of electric vehicles (EVs) and energy storage systems further fuels this demand, as manganese is a crucial component in lithium-ion batteries. Growth in steel production, particularly in developing economies like India and China, also contributes significantly to market expansion. However, the market faces challenges such as price volatility related to raw material costs and potential supply chain disruptions, which could impact overall growth. Furthermore, environmental regulations concerning manganese mining and processing pose another restraint to consider. Segment-wise, the Alloys application segment is expected to dominate due to its extensive use in steelmaking, while the Asia-Pacific region, led by China and India, is poised to retain its leading market position due to their large industrial base and significant infrastructure development. Companies such as Anglo American PLC, Assore Limited, and Vale are key players shaping market dynamics through strategic investments and technological advancements. The forecast period (2025-2033) anticipates a sustained increase in market value, influenced by ongoing technological advancements in battery technology and the continuous growth of the construction and industrial sectors. Competitive dynamics are expected to remain intense, with existing players consolidating their positions and new entrants seeking opportunities in emerging markets. The focus on sustainable and environmentally responsible mining practices will also play a crucial role in shaping the future trajectory of the manganese market. Strategic partnerships, mergers, and acquisitions are likely to be key strategies for market players to gain a competitive edge. Geographical diversification and investments in research and development will become increasingly important for achieving sustainable growth and mitigating potential risks associated with supply chain vulnerabilities. Recent developments include: In August 2020, South32 Ltd. announced that it would sell its entire stake in the manganese alloy smelter, Tasmanian Electro Metallurgical Company (TEMCO) to UK-based conglomerate GFG Alliance and thereby enhancing the business of GFG Alliance.. Key drivers for this market are: Increasing Demand of Electric Vehicles, Other Drivers. Potential restraints include: Increasing Demand of Electric Vehicles, Other Drivers. Notable trends are: Increasing Demand from Construction Sector.

Snapshot img

Manganese Mining Market Size 2024-2028

The manganese mining market size is forecast to increase by USD 10.94 billion, at a CAGR of 6.78% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing demand for steel and the rising adoption of stainless steel in various industries. The versatility and durability of stainless steel make it an essential component in construction, automotive, and manufacturing sectors. Consequently, the demand for manganese ore, a crucial ingredient in steel production, is on the rise. However, the procurement of manganese ore poses challenges for market participants. The market's dynamics are influenced by the geopolitical instability in major producing countries, such as South Africa and Australia, which can disrupt supply chains and impact prices. Additionally, the environmental concerns associated with manganese mining and the depletion of high-grade ore deposits are pressing issues that need to be addressed. Companies seeking to capitalize on market opportunities and navigate challenges effectively must focus on sustainable mining practices, diversify their supply sources, and invest in research and development to explore alternative manganese sources and applications.

What will be the Size of the Manganese Mining Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
Request Free SampleThe market continues to evolve, shaped by a complex interplay of factors. Manganese nodules, rich in this essential mineral, are discovered in various locations, from land-based open-pit mines to deep-sea deposits. Metallurgical processes transform manganese ore into valuable products, such as ferroalloys and manganese sulfate, which are integral to the production of stainless steel, pig iron, and low-carbon steel. Mining operations face ongoing challenges, including mine reclamation, waste management, and adherence to mining regulations and licenses. Geological surveys and digital mining technologies facilitate resource exploration and efficient extraction processes. Price fluctuations, influenced by global trade dynamics, market volatility, and demand drivers, impact the profitability of mining ventures. Manganese applications extend to sectors like aluminum production, battery manufacturing, and high-carbon steel industries. The ongoing shift towards sustainable and low-carbon technologies, such as electric vehicles and renewable energy, presents new opportunities for manganese in the form of lithium-ion batteries and other applications. Environmental impact, water management, safety standards, and carbon footprint are critical concerns for the industry, shaping the future of manganese mining and its role in a sustainable global economy. The industry outlook remains positive, with ongoing advancements in mining technology, mining regulations, and market trends.

How is this Manganese Mining Industry segmented?

The manganese mining industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ApplicationAlloysOthersTypeBraunitePyrolusitePsilomelaneRhodochrositeGeographyNorth AmericaUSAPACAustraliaChinaIndiaSouth AmericaBrazilRest of World (ROW)

By Application Insights

The alloys segment is estimated to witness significant growth during the forecast period.The market is characterized by various market dynamics and trends. The alloys segment holds the largest market share, driven by the extensive usage of manganese in manufacturing alloys to enhance their physical and mechanical properties. Steel, particularly stainless steel, is the primary end-user of manganese alloys, accounting for a significant portion of the market. Approximately 15% of the mined manganese ore is converted into manganese alloy, with the remaining portion used in industrial applications. Manganese ore is primarily mined through surface and open-pit methods, while deep-sea mining is an emerging trend. Mine reclamation and waste management are crucial aspects of mining operations, with regulations and licenses governing the industry. The mining process involves various metallurgical techniques to extract manganese ore and convert it into manganese oxide or manganese sulfate. Manganese is a vital component in low-carbon steel production and is increasingly used in battery manufacturing for lithium-ion batteries in electric vehicles. Price fluctuations, driven by supply chain disruptions and market volatility, impact the market's growth. Safety standards and environmental impact are essential considerations in mining operations. The industry's digital transformation is leading to the adoption of mining technology, remote sensing, and e

The global manganese market, valued at $30.37 billion in 2025, is poised for significant growth. While the provided CAGR (Compound Annual Growth Rate) is missing, considering the increasing demand driven by burgeoning industries like agro-industries, batteries, and industrial applications, a conservative estimate of a 5% CAGR is plausible for the forecast period (2025-2033). This growth is fueled by the rising adoption of electric vehicles (EVs), which significantly boosts manganese demand for battery production. Furthermore, the expanding agro-industry sector necessitates manganese-based fertilizers and pesticides, further contributing to market expansion. Key regional markets include North America, Europe, and Asia-Pacific, with China and India anticipated to be major growth drivers due to their extensive industrial and manufacturing sectors. However, the market faces restraints such as fluctuating manganese ore prices, environmental regulations concerning mining and processing, and geopolitical instability affecting supply chains. The market is segmented by application (agro-industries, industrial, batteries, others) and type (manganese ore, manganese alloy, others), providing diverse investment opportunities. Competition is intense, with major players including African Rainbow Minerals, Anglo American plc, and others actively participating in global market expansion. The projected market size for 2033, based on the estimated 5% CAGR, would be approximately $40.8 billion (calculated as 30.37 billion * 1.05^8). This projection highlights a robust growth trajectory, especially in the battery segment. Further growth could be influenced by technological advancements leading to more efficient manganese extraction and processing, as well as the development of sustainable mining practices to address environmental concerns. Successful navigation of these challenges will be crucial for market players to fully capitalize on the expected expansion. The strategic location of mines, investment in research and development for new applications, and strong supply chain management will be decisive factors in achieving market leadership in the years to come.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

India WPI: Avg: Primary Articles: Minerals: Metallic: Manganese Ore data was reported at 609.000 1993-1994=100 in Aug 2010. This stayed constant from the previous number of 609.000 1993-1994=100 for Jul 2010. India WPI: Avg: Primary Articles: Minerals: Metallic: Manganese Ore data is updated monthly, averaging 123.000 1993-1994=100 from Apr 1994 (Median) to Aug 2010, with 197 observations. The data reached an all-time high of 982.500 1993-1994=100 in Apr 2010 and a record low of 100.000 1993-1994=100 in Mar 1995. India WPI: Avg: Primary Articles: Minerals: Metallic: Manganese Ore data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under Global Database’s India – Table IN.IH111: Wholesale Price Index: 1993-94=100: Period Average: Primary Articles: Minerals . Rebased from 1993-94=100 to 2004-05=100. Replacement series ID: 241292702

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

The global ferromanganese market, valued at $4.511 billion in 2025, is projected to experience steady growth, with a compound annual growth rate (CAGR) of 2.7% from 2025 to 2033. This growth is driven by the increasing demand for steel in construction, automotive, and infrastructure sectors. The rising adoption of advanced high-strength steels, requiring ferromanganese as a crucial alloying agent, further fuels market expansion. Demand from key regions like Asia Pacific, particularly China and India, significantly contributes to the overall market size. The market is segmented by type (standard, medium-carbon, and low-carbon ferromanganese) and application (deoxidizer, desulfurizer, and alloying additives in steelmaking and welding). Competition is intense, with major players like Vale S.A., BHP Billiton, and Glencore Xstrata plc dominating the landscape, alongside significant contributions from several Chinese and Indian producers. Challenges include fluctuating raw material prices (primarily manganese ore), environmental regulations related to manganese emissions, and potential supply chain disruptions. However, continuous advancements in steelmaking technologies and the ongoing expansion of the global steel industry are expected to mitigate these challenges and support sustained market growth throughout the forecast period. The diverse applications of ferromanganese across various steel grades contribute to the market's resilience. The ongoing infrastructure development globally, especially in emerging economies, creates a significant demand pull. While regional variations in growth rates are expected, with Asia Pacific maintaining a strong lead, North America and Europe are also poised for considerable market expansion driven by renovations, infrastructure projects, and automotive production. The shift towards sustainable steel production practices might present both challenges and opportunities. While stricter emission norms will necessitate investments in cleaner production technologies, it will also increase the demand for high-quality, low-carbon ferromanganese variants, creating new avenues for growth in the specialized segments. Strategic partnerships and mergers and acquisitions are expected to reshape the competitive dynamics of the industry in the coming years.

India WPI: Weights: Primary Articles: Minerals: Metaillic: Manganese Ore data was reported at 0.033 % in Mar 2017. This stayed constant from the previous number of 0.033 % for Feb 2017. India WPI: Weights: Primary Articles: Minerals: Metaillic: Manganese Ore data is updated monthly, averaging 0.033 % from Apr 2004 (Median) to Mar 2017, with 156 observations. The data reached an all-time high of 0.033 % in Mar 2017 and a record low of 0.033 % in Mar 2017. India WPI: Weights: Primary Articles: Minerals: Metaillic: Manganese Ore data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under Global Database’s India – Table IN.IH077: Wholesale Price Index: 2004-05=100: Weights: Primary Articles: Minerals.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.