Manganese Dioxide Price in South Korea - 2022

Contents:

1. Manganese Dioxide Price in South Korea (CIF) - 2022
2. Manganese Dioxide Price in South Korea (FOB) - 2022
3. Manganese Dioxide Imports in South Korea
4. Manganese Dioxide Exports in South Korea

Manganese Dioxide Price in South Korea (CIF) - 2022

The average manganese dioxide import price stood at $2,582 per ton in 2022, jumping by 22% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,816 per ton), while the price for South Africa ($297 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Manganese Dioxide Price in South Korea (FOB) - 2022

In 2022, the average manganese dioxide export price amounted to $2,114 per ton, with a decrease of -62.9% against the previous year. In general, the export price, however, posted a strong increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 334% against the previous year. Over the period under review, the average export prices hit record highs at $5,702 per ton in 2021, and then dropped rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($5,703 per ton), while the average price for exports to Indonesia ($1,945 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.

Manganese Dioxide Imports in South Korea

Manganese dioxide imports into South Korea contracted to 2.7K tons in 2022, with a decrease of -14.3% against 2021. Overall, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 18%.

In value terms, manganese dioxide imports totaled $6.9M in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Manganese Dioxide to South Korea in 2022:

1. China (1519.2 tons)
2. Japan (538.1 tons)
3. South Africa (536.2 tons)
4. United States (56.2 tons)

Manganese Dioxide Exports in South Korea

In 2022, after two years of decline, there was significant growth in overseas shipments of manganese dioxides, when their volume increased by 6,447% to 160 tons. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, manganese dioxide exports skyrocketed to $339K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Manganese Dioxide from South Korea in 2022:

1. China (159.0 tons)
2. Indonesia (0.3 tons)

Source: IndexBox Market Intelligence Platform