Manganese Oxides Price in Belarus - 2022

Contents:

  1. Manganese Oxides Price in Belarus (CIF) - 2022
  2. Manganese Oxides Price in Belarus (FOB) - 2022
  3. Manganese Oxides Imports in Belarus
  4. Manganese Oxides Exports in Belarus

Manganese Oxides Price in Belarus (CIF) - 2022

The average manganese oxides import price stood at $1,904 per ton in 2022, jumping by 72% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $2,838 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($2,274 per ton), while the price for Estonia ($612 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Manganese Oxides Price in Belarus (FOB) - 2022

The average manganese oxides export price stood at $1,093 per ton in 2022, reducing by -2.9% against the previous year. Overall, the export price continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2015 when the average export price increased by 52%. The export price peaked at $4,573 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -3.7% per year.

Manganese Oxides Imports in Belarus

In 2022, supplies from abroad of manganese oxideses decreased by -49.9% to 173 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted modest growth. The pace of growth was the most pronounced in 2020 with an increase of 55%.

In value terms, manganese oxides imports fell to $330K in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year.

Import of Manganese Oxides in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South AfricaN/AN/AN/A2580%
Georgia74.616118021.4-34.0%
Russia12.332.765.315.58.0%
Brazil27.78.949.811.8-24.8%
Norway15.59.430.37.2-22.6%
India23.618.56.63.7-46.1%
Estonia9.75.316.31.5-46.3%
Others9.739.535.111.14.6%
Total17327638433024.0%

Top Suppliers of Manganese Oxides to Belarus in 2022:

  1. South Africa (113.3 tons)
  2. Georgia (27.5 tons)
  3. Russia (8.2 tons)
  4. Brazil (5.9 tons)
  5. Norway (5.9 tons)
  6. Estonia (2.4 tons)
  7. India (2.4 tons)

Manganese Oxides Exports in Belarus

For the fourth consecutive year, Belarus recorded growth in overseas shipments of manganese oxideses, which increased by 0.4% to 5.3 tons in 2022. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +99.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 90%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, manganese oxides exports shrank slightly to $5.8K in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 72% against the previous year.

Export of Manganese Oxides in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3.35.65.85.820.7%
OthersN/AN/A0.1N/A0%
Total3.35.65.95.820.7%

Top Export Markets for Manganese Oxides from Belarus in 2022:

  1. Russia (5.3 tons)

Source: IndexBox Market Intelligence Platform

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