Manganese Oxides Price in Bangladesh - 2022
Contents:
Manganese Oxides Price in Bangladesh (CIF) - 2022
The average manganese oxides import price stood at $1,738 per ton in 2022, jumping by 38% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manganese oxides import price increased by +20.0% against 2018 indices. The growth pace was the most rapid in 2018 an increase of 56% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,199 per ton), while the price for India ($416 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Manganese Oxides Imports in Bangladesh
After three years of growth, overseas purchases of manganese oxideses decreased by -33.8% to 584 tons in 2022. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 1.1% against the previous year. As a result, imports attained the peak of 883 tons, and then fell dramatically in the following year.
In value terms, manganese oxides imports reduced to $1M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 9.5%. As a result, imports attained the peak of $1.1M, and then declined in the following year.
| Import of Manganese Oxides in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 837 | 802 | 894 | 930 | 3.6% |
| India | 79.2 | 105 | 81.2 | 58.3 | -9.7% |
| Taiwan (Chinese) | 34.4 | 15.3 | 78.5 | 23.7 | -11.7% |
| United States | N/A | 80.1 | 59.4 | N/A | -25.8% |
| Others | 8.9 | 14.0 | N/A | 2.6 | -33.6% |
| Total | 959 | 1,016 | 1,113 | 1,015 | 1.9% |
Top Suppliers of Manganese Oxides to Bangladesh in 2022:
- China (423.0 tons)
- India (140.1 tons)
- Taiwan (Chinese) (20.8 tons)
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