Manganese Oxides Price in the United States - 2023

Contents:

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

Manganese Oxides Price in the United States (CIF) - 2022

The average manganese oxides import price stood at $1,056 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, saw a abrupt contraction. The growth pace was the most rapid in 2021 an increase of 8.2% against the previous year. Over the period under review, average import prices attained the peak figure at $2,047 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($2,485 per ton), while the price for South Africa ($628 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Gabon (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Manganese Oxides Price in the United States (FOB) - 2023

In October 2023, the average manganese oxides export price amounted to $1,301 per ton, reducing by -18% against the previous month. Overall, the export price saw a noticeable reduction. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 107% month-to-month. Over the period under review, the average export prices hit record highs at $2,122 per ton in October 2022; however, from November 2022 to October 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Mexico ($3,012 per ton), while the average price for exports to India ($748 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Manganese Oxides Imports in the United States

In 2022, overseas purchases of manganese oxideses decreased by -14.9% to 27K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of 32K tons, and then reduced in the following year.

In value terms, manganese oxides imports dropped to $29M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 45%. As a result, imports reached the peak of $34M, and then reduced in the following year.

Import of Manganese Oxides in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan8.49.66.96.1-10.1%
South Africa4.34.04.85.69.2%
Greece1.21.09.52.832.6%
Mexico0.80.70.72.648.1%
South Korea2.72.61.52.4-3.9%
India1.20.75.12.222.4%
GabonN/AN/A0.21.2500.0%
Norway0.60.30.21.226.0%
Brazil3.22.62.40.3-54.6%
Others3.01.92.54.211.9%
Total25.623.333.828.73.9%

Top Suppliers of Manganese Oxides to the United States in 2022:

  1. South Africa (8.9K tons)
  2. South Korea (3.6K tons)
  3. Mexico (3.2K tons)
  4. Japan (2.5K tons)
  5. India (1.9K tons)
  6. Norway (1.6K tons)
  7. Gabon (1.3K tons)
  8. Greece (0.9K tons)
  9. Brazil (0.3K tons)

Manganese Oxides Exports in the United States

In 2022, overseas shipments of manganese oxideses decreased by -7.4% to 15K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. As a result, the exports reached the peak of 16K tons, and then dropped in the following year.

In value terms, manganese oxides exports totaled $24M in 2022. The total export value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Export of Manganese Oxides in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada4.04.65.85.712.5%
Mexico1.82.32.83.828.3%
United Arab Emirates0.21.93.32.3125.7%
Belgium1.3N/A1.01.54.9%
Poland1.31.11.11.30.0%
Germany0.60.20.31.122.4%
South Korea1.31.31.11.1-5.4%
United Kingdom2.51.31.61.0-26.3%
Italy0.31.41.50.838.7%
Israel0.30.31.00.732.6%
Taiwan (Chinese)0.50.50.40.66.3%
Malaysia0.10.60.20.571.0%
El Salvador0.10.20.30.458.7%
Others4.63.83.63.2-11.4%
Total19.119.624.024.18.1%

Top Export Markets for Manganese Oxides from the United States in 2022:

  1. Canada (6.1K tons)
  2. United Arab Emirates (1.6K tons)
  3. Mexico (1.5K tons)
  4. Poland (0.7K tons)
  5. United Kingdom (0.7K tons)
  6. Israel (0.6K tons)
  7. South Korea (0.5K tons)
  8. Italy (0.4K tons)
  9. Belgium (0.4K tons)
  10. Taiwan (Chinese) (0.3K tons)
  11. El Salvador (0.3K tons)
  12. Malaysia (0.3K tons)
  13. Germany (0.3K tons)

Source: IndexBox Market Intelligence Platform

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