Manganese Oxides Price in Hong Kong SAR - 2023

Contents:

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

Manganese Oxides Price in Hong Kong SAR (CIF) - 2022

In 2022, the average manganese oxides import price amounted to $4,584 per ton, surging by 12% against the previous year. Over the period under review, the import price enjoyed strong growth. The most prominent rate of growth was recorded in 2019 an increase of 257% against the previous year. As a result, import price attained the peak level of $16,815 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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 Japan ($8,500 per ton), while the price for Belgium amounted to $4,117 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Manganese Oxides Price in Hong Kong SAR (FOB) - 2022

The average manganese oxides export price stood at $3,131 per ton in 2022, declining by -19.6% against the previous year. In general, the export price, however, posted pronounced growth. The most prominent rate of growth was recorded in 2018 an increase of 236% against the previous year. The export price peaked at $14,091 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.5% per year.

Manganese Oxides Imports in Hong Kong SAR

In 2022, approx. 85 tons of manganese oxideses were imported into Hong Kong SAR; jumping by 163% compared with the year before. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 713%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, manganese oxides imports surged to $390K in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 554% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Manganese Oxides in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/A87.1313259.4%
JapanN/AN/A12.377.2527.6%
ChinaN/A10.8N/AN/A0%
United States12.08.233.5N/A67.1%
Others1.91.3N/AN/A-31.6%
Total13.920.3133390203.9%

Top Suppliers of Manganese Oxides to Hong Kong SAR in 2022:

  1. Belgium (76.1 tons)
  2. Japan (9.1 tons)

Manganese Oxides Exports in Hong Kong SAR

In 2022, the amount of manganese oxideses exported from Hong Kong SAR soared to 70 tons, with an increase of 167% on the year before. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,283%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, manganese oxides exports surged to $218K in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 393% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Export of Manganese Oxides in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.317.0102210144.9%
OthersN/A3.7N/A7.845.2%
Total14.320.6102218148.0%

Top Export Markets for Manganese Oxides from Hong Kong SAR in 2022:

  1. China (68.6 tons)

Source: IndexBox Market Intelligence Platform

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