Price for Manganese Oxides; Excluding Manganese Dioxide in Brazil - 2023

Contents:

  1. Price for Manganese Oxides; Excluding Manganese Dioxide in Brazil (FOB) - 2023
  2. Price for Manganese Oxides; Excluding Manganese Dioxide in Brazil (CIF) - 2022
  3. Exports of Manganese Oxides; Excluding Manganese Dioxide in Brazil
  4. Imports of Manganese Oxides; Excluding Manganese Dioxide in Brazil

Price for Manganese Oxides; Excluding Manganese Dioxide in Brazil (FOB) - 2023

The average export price for manganese oxides; excluding manganese dioxides stood at $688 per ton in August 2023, waning by -3.3% against the previous month. In general, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in June 2023 an increase of 5.8% m-o-m. Over the period under review, the average export prices attained the peak figure at $840 per ton in October 2022; however, from November 2022 to August 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In August 2023, the countries with the highest prices were Italy ($740 per ton) and Argentina ($698 per ton), while the average price for exports to France ($660 per ton) and Morocco ($674 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Manganese Oxides; Excluding Manganese Dioxide in Brazil (CIF) - 2022

The average import price for manganese oxides; excluding manganese dioxides stood at $2,647 per ton in 2022, growing by 85% against the previous year. Over the period under review, the import price, however, showed a mild downturn. The growth pace was the most rapid in 2015 when the average import price increased by 95% against the previous year. Over the period under review, average import prices hit record highs at $4,217 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,573 per ton), while the price for China ($1,648 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 States (+1.2%), while the prices for the other major suppliers experienced a decline.

Exports of Manganese Oxides; Excluding Manganese Dioxide in Brazil

In 2022, after three years of growth, there was significant decline in overseas shipments of manganese oxides; excluding manganese dioxides, when their volume decreased by -87.5% to 9.9K tons. In general, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 361%. As a result, the exports reached the peak of 79K tons, and then dropped notably in the following year.

In value terms, manganese oxides; excluding manganese dioxide exports dropped sharply to $7.2M in 2022. Overall, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 378%. As a result, the exports attained the peak of $55M, and then shrank rapidly in the following year.

Export of Manganese Oxides; Excluding Manganese Dioxide in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.32.92.02.1-3.0%
Argentina1.11.30.91.22.9%
Belgium2.31.51.40.6-36.1%
Spain0.80.70.60.6-9.1%
Denmark0.20.40.30.426.0%
Chile0.30.30.40.410.1%
Canada0.20.30.10.314.5%
France0.10.30.40.344.2%
Turkey0.30.20.20.2-12.6%
Netherlands0.10.146.10.226.0%
Portugal0.20.10.20.20.0%
United States2.52.32.00.1-65.8%
Others1.21.30.90.6-20.6%
Total11.611.655.57.2-14.7%

Top Export Markets for Manganese Oxides; Excluding Manganese Dioxide from Brazil in 2022:

  1. Germany (3057.6 tons)
  2. Argentina (1564.6 tons)
  3. Belgium (886.4 tons)
  4. Spain (825.0 tons)
  5. Denmark (540.0 tons)
  6. Chile (466.0 tons)
  7. France (450.0 tons)
  8. Canada (340.0 tons)
  9. Portugal (295.2 tons)
  10. Turkey (247.2 tons)
  11. Netherlands (216.0 tons)
  12. United States (199.8 tons)

Imports of Manganese Oxides; Excluding Manganese Dioxide in Brazil

In 2022, the amount of manganese oxides; excluding manganese dioxides imported into Brazil shrank dramatically to 52 tons, with a decrease of -47.9% compared with 2021. Over the period under review, imports saw a significant curtailment. The growth pace was the most rapid in 2021 when imports increased by 296% against the previous year.

In value terms, manganese oxides; excluding manganese dioxide imports declined to $139K in 2022. Overall, imports faced a dramatic decline. The pace of growth was the most pronounced in 2021 when imports increased by 130%.

Import of Manganese Oxides; Excluding Manganese Dioxide in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium83.959.370.313517.2%
United States1631.70.61.7-78.2%
ChinaN/AN/A12.41.5-87.9%
South Africa29.3N/A57.5N/A40.1%
OthersN/A1.73.40.7-35.8%
Total27662.6144139-20.4%

Top Suppliers of Manganese Oxides; Excluding Manganese Dioxide to Brazil in 2022:

  1. Belgium (51.0 tons)
  2. China (0.9 tons)
  3. United States (0.2 tons)

Source: IndexBox Market Intelligence Platform

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