Manganese Oxides Price in Belgium - 2023

Contents:

  1. Manganese Oxides Price in Belgium (CIF) - 2022
  2. Manganese Oxides Price in Belgium (FOB) - 2022
  3. Manganese Oxides Imports in Belgium
  4. Manganese Oxides Exports in Belgium

Manganese Oxides Price in Belgium (CIF) - 2022

In 2022, the average manganese oxides import price amounted to $2,613 per ton, jumping by 42% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manganese oxides import price increased by +51.2% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,614 per ton), while the price for Norway ($596 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Manganese Oxides Price in Belgium (FOB) - 2022

In 2022, the average manganese oxides export price amounted to $2,015 per ton, picking up by 33% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($5,326 per ton), while the average price for exports to Turkey ($249 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 Germany (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Manganese Oxides Imports in Belgium

After three years of growth, overseas purchases of manganese oxideses decreased by -20.3% to 19K tons in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 68%.

In value terms, manganese oxides imports rose sharply to $50M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 58%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Import of Manganese Oxides in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece8.224.520.525.946.7%
Spain11.410.710.69.5-5.9%
China0.61.17.48.5142.0%
United States0.80.41.02.137.9%
MexicoN/A0.60.61.029.1%
Netherlands0.60.70.90.810.1%
NorwayN/A0.30.50.529.1%
Germany2.90.51.70.2-59.0%
Others1.11.71.32.022.1%
Total25.740.644.550.425.2%

Top Suppliers of Manganese Oxides to Belgium in 2022:

  1. Greece (8.8K tons)
  2. China (3.5K tons)
  3. Spain (3.2K tons)
  4. Mexico (1.0K tons)
  5. Norway (0.8K tons)
  6. Netherlands (0.5K tons)
  7. United States (0.5K tons)
  8. Germany (0.1K tons)

Manganese Oxides Exports in Belgium

In 2022, shipments abroad of manganese oxideses decreased by -6.2% to 14K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 117% against the previous year. As a result, the exports attained the peak of 16K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, manganese oxides exports surged to $27M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +94.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 55%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Manganese Oxides in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland3.54.05.05.415.6%
Japan1.12.41.84.256.3%
Germany1.82.13.03.626.0%
Netherlands0.12.42.22.6196.2%
India1.62.02.22.19.5%
China1.31.61.32.117.3%
United States1.50.90.51.62.2%
Taiwan (Chinese)1.42.72.31.2-5.0%
France0.20.60.81.281.7%
Italy0.50.80.81.026.0%
TunisiaN/A0.20.10.322.5%
TurkeyN/AN/AN/A0.10%
IndonesiaN/A0.1N/AN/A0%
Others1.11.92.01.817.8%
Total14.021.821.927.324.9%

Top Export Markets for Manganese Oxides from Belgium in 2022:

  1. Netherlands (4.2K tons)
  2. Poland (1.8K tons)
  3. France (1.4K tons)
  4. Germany (1.2K tons)
  5. Japan (1.1K tons)
  6. Turkey (0.6K tons)
  7. Italy (0.5K tons)
  8. Tunisia (0.4K tons)
  9. India (0.4K tons)
  10. United States (0.4K tons)
  11. China (0.4K tons)
  12. Taiwan (Chinese) (0.3K tons)

Source: IndexBox Market Intelligence Platform

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