India’s Country-wise Manganese Ore Imports (FY’17-FY’23)

India’s manganese ore imports showed a sharp drop in the second quarter or Q2 (July-September) of financial year 2022-23 (FY23) against Q1 (April-June, 2022). Volumes in Q2 dropped a sharp 48% to 0.92 mnt compared to 1.77 mnt recorded in Q1. South Africa continued to remain the largest exporter of manganese ore to India although volumes dropped to 0.415 mnt in Q2FY23 against 0.763 mnt in Q2FY22. Imports from South Africa were down 13% y-o-y to 1.36 mnt in April-September, 2022. Gabonese manganese ore imports dropped 31% to 0.276 mnt in Q2FY23 against 0.410 mnt in Q2FY22. Decline in export demand for high-grade silico manganese led to a decrease in demand for Gabonese ore from domestic alloys producers.