Q1 YoY ANALYSIS
We have detailed year-over-year analysis of #Manganese vessel activity ex-South Africa for the first quarter of 2024 through 2026.
Logistics Benchmarks & Trends (Q1 2024-2026)
- January Recalibration: January 2026 registered a substantial +40.54% growth in vessel numbers compared to the prior year. This contrasts sharply with the minimal adjustment (-2.63%) seen in January 2025 (vs 2024), highlighting a clear acceleration in early-year logistics engagement.
- Strong Q1 Alignment: The strong +40.48% increase observed in March 2026 largely mirrored the January figures, indicating that the quarter maintained an elevated and stable trend line. This is a notable uptick from the stable, low-single-digit growth (2.44%) recorded in March 2025.