Manganese Oxides Price in Canada - 2023

Contents:

1. Manganese Oxides Price in Canada (CIF) - 2023
2. Manganese Oxides Price in Canada (FOB) - 2022
3. Manganese Oxides Imports in Canada
4. Manganese Oxides Exports in Canada

Manganese Oxides Price in Canada (CIF) - 2023

In September 2023, the average manganese oxides import price amounted to $1,146 per ton, rising by 26% against the previous month. In general, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($1,114 per ton), while the price for India amounted to $827 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Manganese Oxides Price in Canada (FOB) - 2022

The average manganese oxides export price stood at $970 per ton in 2022, falling by -69.1% against the previous year. In general, the export price showed a perceptible decrease. The pace of growth appeared the most rapid in 2021 when the average export price increased by 151%. As a result, the export price reached the peak level of $3,142 per ton, and then shrank notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,376 per ton), while the average price for exports to Saudi Arabia totaled $280 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+0.8%), while the prices for the other major destinations experienced a decline.

Manganese Oxides Imports in Canada

For the fourth consecutive year, Canada recorded growth in purchases abroad of manganese oxideses, which increased by 1.9% to 6.8K tons in 2022. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 14% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, manganese oxides imports dropped to $6.7M in 2022. Over the period under review, imports, however, showed a mild decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. As a result, imports reached the peak of $7.1M, and then contracted in the following year.

Top Suppliers of Manganese Oxides to Canada in 2022:

1. United States (5.1K tons)
2. India (0.5K tons)
3. Brazil (0.4K tons)
4. Mexico (0.3K tons)
5. Cote d'Ivoire (0.3K tons)

Manganese Oxides Exports in Canada

In 2022, manganese oxides exports from Canada shrank notably to 29 tons, declining by -90.8% against 2021 figures. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 1,256% against the previous year. As a result, the exports attained the peak of 319 tons, and then reduced sharply in the following year.

In value terms, manganese oxides exports shrank markedly to $28K in 2022. Overall, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 3,299% against the previous year. As a result, the exports attained the peak of $1M, and then fell notably in the following year.

Top Export Markets for Manganese Oxides from Canada in 2022:

1. United States (18.5 tons)
2. Saudi Arabia (10.9 tons)

Source: IndexBox Market Intelligence Platform