Manganese Oxides Price in Latvia - 2023
Contents:
- Manganese Oxides Price in Latvia (CIF) - 2022
- Manganese Oxides Price in Latvia (FOB) - 2022
- Manganese Oxides Imports in Latvia
- Manganese Oxides Exports in Latvia
Manganese Oxides Price in Latvia (CIF) - 2022
In 2022, the average manganese oxides import price amounted to $1,651 per ton, falling by -4.8% against the previous year. In general, the import price recorded a noticeable curtailment. The growth pace was the most rapid in 2015 an increase of 57% against the previous year. Over the period under review, average import prices attained the peak figure at $2,155 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the United States ($5,241 per ton), while the price for Norway ($759 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Manganese Oxides Price in Latvia (FOB) - 2022
In 2022, the average manganese oxides export price amounted to $1,777 per ton, with an increase of 11% against the previous year. Overall, the export price, however, recorded a slight setback. The pace of growth was the most pronounced in 2014 an increase of 37% against the previous year. As a result, the export price reached the peak level of $2,842 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($2,627 per ton), while the average price for exports to Sweden ($1,542 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.
Manganese Oxides Imports in Latvia
In 2022, supplies from abroad of manganese oxideses decreased by -20.5% to 308 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 1.2% against the previous year. As a result, imports reached the peak of 415 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, manganese oxides imports dropped rapidly to $509K in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of $673K, and then shrank rapidly in the following year.
| Import of Manganese Oxides in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 156 | 251 | 299 | 222 | 12.5% |
| Norway | 150 | 141 | 203 | 92.6 | -14.9% |
| South Korea | N/A | N/A | N/A | 62.9 | 0% |
| Germany | N/A | N/A | 35.9 | 56.7 | 57.9% |
| Netherlands | 55.6 | 62.7 | 56.9 | 44.1 | -7.4% |
| France | N/A | 66.6 | 25.4 | 19.8 | -45.5% |
| Lithuania | 8.4 | 21.2 | 16.9 | 11.3 | 10.4% |
| Denmark | 85.1 | N/A | N/A | N/A | 0% |
| Others | 15.4 | 7.9 | 34.9 | N/A | 50.5% |
| Total | 471 | 550 | 673 | 509 | 2.6% |
Top Suppliers of Manganese Oxides to Latvia in 2022:
- Norway (122.0 tons)
- South Korea (53.8 tons)
- United States (42.3 tons)
- Germany (39.9 tons)
- France (24.0 tons)
- Netherlands (18.6 tons)
- Lithuania (7.7 tons)
Manganese Oxides Exports in Latvia
For the fourth consecutive year, Latvia recorded growth in overseas shipments of manganese oxideses, which increased by 19% to 53 tons in 2022. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 49%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, manganese oxides exports soared to $93K in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Manganese Oxides in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 14.6 | 15.3 | 38.5 | 62.9 | 62.7% |
| Estonia | 13.1 | 20.3 | 19.3 | 22.0 | 18.9% |
| Poland | N/A | N/A | N/A | 3.3 | 0% |
| Norway | N/A | N/A | 2.8 | 3.3 | 17.9% |
| Sweden | 4.1 | 8.3 | 4.3 | 1.5 | -28.5% |
| Others | 5.3 | 5.0 | 5.7 | 0.5 | -54.5% |
| Total | 37.2 | 48.8 | 70.7 | 93.5 | 36.0% |
Top Export Markets for Manganese Oxides from Latvia in 2022:
- Lithuania (37.7 tons)
- Estonia (10.5 tons)
- Poland (2.0 tons)
- Norway (1.3 tons)
- Sweden (1.0 tons)
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