Price for Manganese Oxides; Excluding Manganese Dioxide in Myanmar - 2022

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

The average import price for manganese oxides; excluding manganese dioxides stood at $939 per ton in 2022, declining by -24.1% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 93% against the previous year. As a result, import price reached the peak level of $1,237 per ton, and then shrank dramatically in the following year.

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 Singapore ($2,770 per ton), while the price for China ($511 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for manganese oxides; excluding manganese dioxides stood at $1,144 per ton in 2021, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a buoyant expansion. The pace of growth was the most pronounced in 2020 a decrease of 99.9%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

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

From 2019 to 2021, the rate of growth in terms of prices for Thailand amounted to +19.5% per year.

Imports of Manganese Oxides; Excluding Manganese Dioxide in Myanmar

In 2022, approx. 158 tons of manganese oxides; excluding manganese dioxides were imported into Myanmar; dropping by -5.5% against 2021 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports reached the peak of 167 tons, and then dropped in the following year.

In value terms, manganese oxides; excluding manganese dioxide imports contracted remarkably to $148K in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 131% against the previous year. As a result, imports reached the peak of $207K, and then contracted significantly in the following year.

Import of Manganese Oxides; Excluding Manganese Dioxide in Myanmar (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Singapore	10.9	22.2	41.4	51.0	67.3%
India	9.6	23.6	30.7	37.9	58.0%
China	26.9	16.5	23.6	29.5	3.1%
Thailand	2.8	10.8	16.6	20.5	94.2%
Indonesia	N/A	3.7	13.2	N/A	256.8%
United Arab Emirates	N/A	4.0	67.5	N/A	1587.5%
Taiwan (Chinese)	3.0	N/A	N/A	N/A	0%
Brazil	N/A	N/A	7.8	N/A	0%
Others	8.8	8.7	5.9	9.3	1.9%
Total	62.0	89.6	207	148	33.6%

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

China (57.8 tons)
India (51.4 tons)
Thailand (29.1 tons)
Singapore (18.4 tons)

Exports of Manganese Oxides; Excluding Manganese Dioxide in Myanmar

In 2021, approx. 52 tons of manganese oxides; excluding manganese dioxides were exported from Myanmar; remaining relatively unchanged against 2020. Over the period under review, exports posted a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, manganese oxides; excluding manganese dioxide exports stood at $60K in 2021. Overall, exports saw a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.