Manganese Oxides Price in Egypt - 2023

Contents:

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

Manganese Oxides Price in Egypt (CIF) - 2022

The average manganese oxides import price stood at $1,728 per ton in 2022, growing by 27% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2015 when the average import price increased by 29%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,286 per ton), while the price for Brazil ($905 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Manganese Oxides Price in Egypt (FOB) - 2022

In 2022, the average manganese oxides export price amounted to $876 per ton, surging by 17% against the previous year. In general, the export price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 34%. The export price peaked at $2,378 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Sudan.

From 2012 to 2022, the rate of growth in terms of prices for Sudan amounted to -1.2% per year.

Manganese Oxides Imports in Egypt

Manganese oxides imports into Egypt fell remarkably to 831 tons in 2022, which is down by -25.9% on 2021. Overall, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 47%. As a result, imports reached the peak of 1.1K tons, and then contracted notably in the following year.

In value terms, manganese oxides imports shrank to $1.4M in 2022. Over the period under review, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 54%.

Import of Manganese Oxides in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,1474056441,085-1.8%
India65.526.451.313627.6%
Georgia59.925.042.210922.1%
United States72.951.936.977.62.1%
Brazil35.818320518.9-19.2%
Netherlands28.224.424.4N/A-7.0%
Mexico40.711.721.6N/A-27.1%
United Arab Emirates149168401N/A64.1%
Singapore34.333.838.4N/A5.8%
Others53.161.666.68.9-44.9%
Total1,6879911,5311,436-5.2%

Top Suppliers of Manganese Oxides to Egypt in 2022:

  1. China (474.7 tons)
  2. India (125.9 tons)
  3. Georgia (120.4 tons)
  4. United States (85.7 tons)
  5. Brazil (20.9 tons)

Manganese Oxides Exports in Egypt

In 2022, after three years of growth, there was significant decline in shipments abroad of manganese oxideses, when their volume decreased by -21.4% to 13 tons. Overall, exports continue to indicate a pronounced downturn. The growth pace was the most rapid in 2021 when exports increased by 9.5% against the previous year. As a result, the exports attained the peak of 17 tons, and then shrank remarkably in the following year.

In value terms, manganese oxides exports fell to $12K in 2022. The total export value increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, the exports attained the peak of $13K, and then fell in the following year.

Export of Manganese Oxides in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sudan9.910.84.111.13.9%
GambiaN/AN/A8.7N/A0%
OthersN/AN/AN/A0.70%
Total9.910.812.811.86.0%

Top Export Markets for Manganese Oxides from Egypt in 2022:

  1. Sudan (13.5 tons)

Source: IndexBox Market Intelligence Platform

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