Manganese Oxides Price in Argentina - 2023
Contents:
Manganese Oxides Price in Argentina (CIF) - 2023
In June 2023, the average manganese oxides import price amounted to $1,065 per ton, increasing by 12% against the previous month. In general, the import price, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in May 2023 an increase of 20% against the previous month. Over the period under review, average import prices reached the peak figure at $1,364 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From June 2022 to June 2023, the rate of growth in terms of prices for Brazil amounted to +1.0% per month.
Manganese Oxides Imports in Argentina
Manganese oxides imports into Argentina expanded markedly to 1.6K tons in 2022, surging by 11% compared with the previous year's figure. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. As a result, imports attained the peak of 2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, manganese oxides imports soared to $1.4M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 25%. As a result, imports attained the peak of $1.5M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Manganese Oxides in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 1,100 | 1,431 | 944 | 1,174 | 2.2% |
| China | 45.8 | 36.4 | 102 | 102 | 30.6% |
| Others | 76.6 | 63.1 | 105 | 89.0 | 5.1% |
| Total | 1,223 | 1,531 | 1,151 | 1,364 | 3.7% |
Top Suppliers of Manganese Oxides to Argentina in 2022:
- Brazil (1477.2 tons)
- China (46.0 tons)
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