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

Contents:

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

Price for Manganese Oxides; Excluding Manganese Dioxide in China (FOB) - 2022

The average export price for manganese oxides; excluding manganese dioxides stood at $2,404 per ton in 2022, which is down by -14.1% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manganese oxides; excluding manganese dioxide export price increased by +41.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 65% against the previous year. As a result, the export price reached the peak level of $2,799 per ton, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($3,264 per ton), while the average price for exports to Poland ($1,308 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 Thailand (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for manganese oxides; excluding manganese dioxides amounted to $2,907 per ton, with an increase of 7% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manganese oxides; excluding manganese dioxide import price decreased by -8.2% against 2020 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 31% against the previous year. The import price peaked at $3,168 per ton in 2020; however, from 2021 to 2022, import prices stood 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 South Korea ($7,130 per ton), while the price for Japan ($1,838 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 (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Manganese Oxides; Excluding Manganese Dioxide in China

In 2022, overseas shipments of manganese oxides; excluding manganese dioxides decreased by -21.3% to 4.8K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 73% against the previous year. As a result, the exports reached the peak of 6.1K tons, and then fell sharply in the following year.

In value terms, manganese oxides; excluding manganese dioxide exports contracted sharply to $12M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 185% against the previous year. As a result, the exports attained the peak of $17M, and then shrank notably in the following year.

Export of Manganese Oxides; Excluding Manganese Dioxide in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)1.11.67.75.166.7%
India1.10.93.22.429.7%
South Korea2.32.14.02.2-1.5%
Thailand0.60.71.00.60.0%
JapanN/A0.20.10.322.5%
United States0.20.20.60.314.5%
PolandN/AN/AN/A0.20%
Myanmar0.1N/AN/AN/A0%
Others0.30.30.50.410.1%
Total5.76.017.211.626.7%

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

  1. Taiwan (Chinese) (1592.2 tons)
  2. South Korea (1216.2 tons)
  3. India (1117.6 tons)
  4. Thailand (312.0 tons)
  5. Poland (171.6 tons)
  6. Japan (94.1 tons)
  7. United States (93.6 tons)

Imports of Manganese Oxides; Excluding Manganese Dioxide in China

In 2022, approx. 3.2K tons of manganese oxides; excluding manganese dioxides were imported into China; dropping by -13.3% on 2021. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year.

In value terms, manganese oxides; excluding manganese dioxide imports reduced to $9.3M in 2022. In general, imports faced a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year.

Import of Manganese Oxides; Excluding Manganese Dioxide in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway9.65.66.76.8-10.9%
Belgium1.41.51.31.3-2.4%
Japan1.61.01.50.7-24.1%
United States0.30.30.40.410.1%
Others0.10.1N/AN/A0.0%
Total12.98.510.09.3-10.3%

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

  1. Norway (2312.3 tons)
  2. Japan (389.2 tons)
  3. Belgium (385.1 tons)
  4. United States (58.1 tons)

Source: IndexBox Market Intelligence Platform

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