Manganese Oxides Price in Colombia - 2022

Contents:

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

Manganese Oxides Price in Colombia (FOB) - 2022

The average manganese oxides export price stood at $1,862 per ton in 2022, reducing by -7.4% against the previous year. In general, the export price showed a mild reduction. The growth pace was the most rapid in 2018 an increase of 10% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,230 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Thailand ($1,896 per ton) and Poland ($1,884 per ton), while the average price for exports to Japan ($1,766 per ton) and Belgium ($1,830 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 Thailand (-1.3%), while the prices for the other major destinations experienced a decline.

Manganese Oxides Price in Colombia (CIF) - 2022

In February 2022, the average manganese oxides import price amounted to $627 per ton, waning by -36.8% against the previous month. Over the period under review, the import price continues to indicate a noticeable downturn. The growth pace was the most rapid in July 2021 when the average import price increased by 123% against the previous month. As a result, import price reached the peak level of $1,149 per ton. From August 2021 to February 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($2,721 per ton), while the price for South Africa ($461 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced a decline.

Manganese Oxides Exports in Colombia

In 2022, manganese oxides exports from Colombia totaled 4.4K tons, growing by 4.6% against the year before. Over the period under review, exports, however, showed a noticeable shrinkage.

In value terms, manganese oxides exports reduced to $8.1M in 2022. Overall, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 6.6% against the previous year.

Export of Manganese Oxides in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland3.52.63.43.2-2.9%
Thailand3.63.12.92.9-7.0%
Japan2.51.21.31.5-15.7%
Belgium0.60.60.60.5-5.9%
OthersN/A0.30.1N/A-66.7%
Total10.27.88.48.1-7.4%

Top Export Markets for Manganese Oxides from Colombia in 2022:

  1. Poland (1.7K tons)
  2. Thailand (1.5K tons)
  3. Japan (0.8K tons)
  4. Belgium (0.3K tons)

Manganese Oxides Imports in Colombia

In 2022, the amount of manganese oxideses imported into Colombia contracted notably to 4.9K tons, which is down by -16.9% on the year before. In general, total imports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +4.5% 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 +24.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 50%. As a result, imports reached the peak of 5.9K tons, and then declined markedly in the following year.

In value terms, manganese oxides imports dropped significantly to $3M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +6.1% 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 +22.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of $3.5M, and then fell remarkably in the following year.

Import of Manganese Oxides in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa1,7201,6762,5392,2098.7%
South Korea55.512540535285.1%
China211206236205-1.0%
United States48.534179.413440.3%
Brazil323N/AN/AN/A0%
Others11555.124051.3-23.6%
Total2,4732,4043,4992,9516.1%

Top Suppliers of Manganese Oxides to Colombia in 2022:

  1. South Africa (4515.8 tons)
  2. South Korea (239.0 tons)
  3. China (89.6 tons)
  4. United States (89.1 tons)

Source: IndexBox Market Intelligence Platform

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