Manganese Ore and Concentrate Market
Manganese ore and concentrate market: find recently published facts and figures featured by an Ai-driven BI tool. Statistics include trade, exports, companies, market prices, market size, consumption, production, and imports. Here is a split by region, including the U.K., Latin America, China, EU, Africa, the U.S., the Middle East, and Russia. Market trends and forecast to 2030 are also provided in the dashboards.
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Manganese Ore and Concentrate - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | India |
| 3 | Ghana |
| 4 | Ukraine |
| 5 | South Korea |
In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by Ghana.
From 2018 to 2020, the average annual growth rate of value in China amounted to -7.2%. The remaining consuming countries recorded the following average annual rates of market growth: India (+22.6% per year) and Ghana (+103.1% per year).
Manganese Ore and Concentrate Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Malaysia | 47 | 88 | 54 | 7.2% |
| Ghana | 118 | 114 | 107 | -4.8% |
| Brazil | 155 | 128 | 111 | -15.4% |
| Cote d'Ivoire | 100 | 98 | 117 | 8.2% |
| South Africa | 198 | 201 | 150 | -13.0% |
| Australia | 320 | 263 | 190 | -22.9% |
| Gabon | 324 | 261 | 210 | -19.5% |
| Average | 217 | 197 | 157 | -14.8% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Gabon ($210 per ton), while Malaysia ($54 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire, while the other global leaders experienced mixed trends in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Norway | 305 | 279 | 206 | -17.8% |
| Japan | 323 | 301 | 204 | -20.5% |
| South Korea | 227 | 208 | 200 | -6.1% |
| India | 183 | 163 | 183 | 0.0% |
| Malaysia | 283 | 229 | 165 | -23.6% |
| Russia | 218 | 225 | 159 | -14.6% |
| China | 211 | 187 | 155 | -14.3% |
| Average | 223 | 197 | 165 | -14.0% |
Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Norway ($206 per ton) and Japan ($204 per ton), while China ($155 per ton) and Russia ($159 per ton) were amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced a decline in the import price figures.
Manganese Ore and Concentrate - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 5.8 | 6.4 | 4.9 | -8.3% |
| India | 0.3 | 0.3 | 0.6 | 39.7% |
| South Korea | 0.1 | 0.08 | 0.2 | 25.0% |
| Russia | 0.4 | 0.2 | 0.2 | -27.9% |
| Norway | 0.3 | 0.3 | 0.2 | -24.7% |
In value terms, China ($4.9B) constitutes the largest market for imported manganese ores and concentrates worldwide, comprising 69% of global imports. The second position in the ranking was occupied by India ($641M), with a 9.1% share of global imports. It was followed by South Korea, with a 3% share.
From 2018 to 2020, the average annual rate of growth in terms of value in China amounted to -8.3%. In the other countries, the average annual rates were as follows: India (+39.7% per year) and South Korea (+25.0% per year).
Manganese Ore and Concentrate - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| South Africa | 3.5 | 3.7 | 2.8 | -9.9% |
| Gabon | 1.4 | 1.5 | 1.4 | 0.8% |
| Australia | 2.2 | 1.8 | 1.3 | -21.9% |
| Brazil | 0.4 | 0.5 | 0.3 | -7.6% |
| Ghana | 0.5 | 0.4 | 0.3 | -27.0% |
In value terms, South Africa ($2.8B) remains the largest manganese ore and concentrate supplier worldwide, comprising 42% of global exports. The second position in the ranking was occupied by Gabon ($1.4B), with a 21% share of global exports. It was followed by Australia, with a 20% share.
In South Africa, manganese ore and concentrate exports plunged by an average annual rate of -9.9% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Gabon (+0.8% per year) and Australia (-21.9% per year).
Manganese Ore and Concentrate - Market Forecast
Driven by rising demand for manganese ore and concentrate worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Manganese Ore and Concentrate - Product Coverage
- HS 2602 - Manganese ores and concentrates, including manganiferous iron ores and concentrates with a manganese content of 20% or more, calculated on the dry weight
This report provides an in-depth analysis of the global market for manganese ore and concentrate.
This report provides an in-depth analysis of the market for manganese ore and concentrate in Latin America and the Caribbean.
This report provides an in-depth analysis of the market for manganese ore and concentrate in Southern Asia.
This report provides an in-depth analysis of the market for manganese ore and concentrate in Eastern Asia.
This report provides an in-depth analysis of the market for manganese ore and concentrate in South-Eastern Asia.
This report provides an in-depth analysis of the market for manganese ore and concentrate in Northern America.
This report provides an in-depth analysis of the market for manganese ore and concentrate in Australia and Oceania.
This report provides an in-depth analysis of the market for manganese ore and concentrate in the Middle East.
This report provides an in-depth analysis of the market for manganese ore and concentrate in Africa.
This report provides an in-depth analysis of the market for manganese ore and concentrate in Central Asia.
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