Manganese Oxides Price in Bolivia - 2023

Manganese Oxides Price in Bolivia (CIF) - 2022

The average manganese oxides import price stood at $972 per ton in 2022, picking up by 7.1% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2017 an increase of 91% against the previous year. The import price peaked at $1,671 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,607 per ton), while the price for Chile ($905 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+51.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Manganese Oxides Price in Bolivia (FOB) - 2022

In 2021, the average manganese oxides export price amounted to $719 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 a decrease of 99.9%. Over the period under review, the average export prices attained the peak figure at $2,236 per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

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

From 2014 to 2021, the rate of growth in terms of prices for the United States amounted to -20.3% per year.

Manganese Oxides Imports in Bolivia

In 2022, purchases abroad of manganese oxideses decreased by -9.6% to 122 tons, falling for the second year in a row after two years of growth. In general, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -40.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 79%. As a result, imports attained the peak of 206 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, manganese oxides imports fell modestly to $119K in 2022. Over the period under review, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 18%. As a result, imports reached the peak of $165K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Manganese Oxides in Bolivia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	17.3	96.8	61.8	91.3	74.1%
Chile	4.8	6.0	6.2	14.8	45.5%
China	4.9	3.3	7.1	12.5	36.6%
United States	77.3	20.5	16.1	0.3	-84.3%
Spain	3.2	4.3	5.1	N/A	26.2%
Canada	8.6	9.8	9.3	N/A	4.0%
Others	23.1	24.1	17.3	N/A	-13.5%
Total	139	165	123	119	-5.0%

Top Suppliers of Manganese Oxides to Bolivia in 2022:

Brazil (100.9 tons)
Chile (16.3 tons)
China (4.8 tons)
United States (0.4 tons)

Manganese Oxides Exports in Bolivia

Manganese oxides exports from Bolivia totaled 181 tons in 2021, flattening at the previous year's figure. Over the period under review, exports saw a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, manganese oxides exports amounted to $130K in 2021. Overall, exports saw significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the immediate term.