Manganese Oxides Price in Brazil - 2023

Contents:

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

Manganese Oxides Price in Brazil (FOB) - 2022

The average manganese oxides export price stood at $695 per ton in 2022, approximately equating the previous year. Over the period under review, the export price showed a noticeable decline. The pace of growth was the most pronounced in 2017 an increase of 15%. The export price peaked at $897 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Canada ($766 per ton) and Argentina ($762 per ton), while the average price for exports to Indonesia ($615 per ton) and the United States ($617 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-0.6%), while the prices for the other major destinations experienced a decline.

Manganese Oxides Price in Brazil (CIF) - 2022

In 2022, the average manganese oxides import price amounted to $1,965 per ton, jumping by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2015 when the average import price increased by 18% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($4,459 per ton), while the price for China ($1,795 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Manganese Oxides Exports in Brazil

In 2022, after three years of growth, there was significant decline in shipments abroad of manganese oxideses, when their volume decreased by -79.5% to 16K tons. Overall, exports saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 346% against the previous year. As a result, the exports reached the peak of 79K tons, and then declined notably in the following year.

In value terms, manganese oxides exports fell sharply to $11M in 2022. In general, exports recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 when exports increased by 356%. As a result, the exports attained the peak of $56M, and then declined sharply in the following year.

Top Export Markets for Manganese Oxides from Brazil in 2022:

1. United States (4.5K tons)
2. Germany (3.2K tons)
3. Argentina (1.7K tons)
4. Belgium (1.1K tons)
5. Spain (0.8K tons)
6. Chile (0.7K tons)
7. Denmark (0.5K tons)
8. France (0.5K tons)
9. Canada (0.4K tons)
10. Indonesia (0.4K tons)
11. Turkey (0.3K tons)
12. Portugal (0.3K tons)

Manganese Oxides Imports in Brazil

Manganese oxides imports into Brazil dropped to 2.6K tons in 2022, with a decrease of -4.1% compared with the previous year. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +12.1% 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 +47.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. As a result, imports attained the peak of 2.8K tons, and then reduced slightly in the following year.

In value terms, manganese oxides imports rose rapidly to $5.2M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 45%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Manganese Oxides to Brazil in 2022:

1. China (2210.0 tons)
2. Colombia (275.0 tons)
3. United States (103.8 tons)
4. Belgium (51.0 tons)

Source: IndexBox Market Intelligence Platform