Manganese Oxides Price in Japan - 2023

Contents:

1. Manganese Oxides Price in Japan (FOB) - 2022
2. Manganese Oxides Price in Japan (CIF) - 2023
3. Manganese Oxides Exports in Japan
4. Manganese Oxides Imports in Japan

Manganese Oxides Price in Japan (FOB) - 2022

In 2022, the average manganese oxides export price amounted to $2,436 per ton, rising by 14% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $2,514 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($4,305 per ton), while the average price for exports to Malaysia ($2,020 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 Malaysia (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Manganese Oxides Price in Japan (CIF) - 2023

In September 2023, the average manganese oxides import price amounted to $3,889 per ton, rising by 9.5% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.8%. The pace of growth was the most pronounced in November 2022 when the average import price increased by 29% m-o-m. Over the period under review, average import prices attained the peak figure at $4,265 per ton in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($7,756 per ton), while the price for Norway ($1,204 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Manganese Oxides Exports in Japan

In 2022, overseas shipments of manganese oxideses decreased by -14.9% to 13K tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 26%. As a result, the exports reached the peak of 17K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, manganese oxides exports shrank to $32M in 2022. The total export value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 18% against the previous year. As a result, the exports reached the peak of $35M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Manganese Oxides from Japan in 2022:

1. Indonesia (7.5K tons)
2. Thailand (1.8K tons)
3. United States (1.1K tons)
4. Singapore (0.7K tons)
5. Malaysia (0.7K tons)
6. South Korea (0.6K tons)
7. Greece (0.3K tons)

Manganese Oxides Imports in Japan

After two years of decline, overseas purchases of manganese oxideses increased by 34% to 2.4K tons in 2022. Overall, imports, however, continue to indicate a perceptible slump.

In value terms, manganese oxides imports soared to $6.4M in 2022. In general, imports, however, saw a relatively flat trend pattern.

Top Suppliers of Manganese Oxides to Japan in 2022:

1. Belgium (925.3 tons)
2. Colombia (880.0 tons)
3. Norway (305.0 tons)
4. China (192.0 tons)
5. India (100.0 tons)

Source: IndexBox Market Intelligence Platform