Manganese Oxides Price in Indonesia - 2022
Contents:
- Manganese Oxides Price in Indonesia (CIF) - 2022
- Manganese Oxides Price in Indonesia (FOB) - 2022
- Manganese Oxides Imports in Indonesia
- Manganese Oxides Exports in Indonesia
Manganese Oxides Price in Indonesia (CIF) - 2022
The average manganese oxides import price stood at $2,049 per ton in March 2022, with an increase of 10% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was China ($2,265 per ton), while the price for India ($685 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Manganese Oxides Price in Indonesia (FOB) - 2022
The average manganese oxides export price stood at $604 per ton in 2022, dropping by -7.4% against the previous year. In general, the export price showed a deep slump. The pace of growth was the most pronounced in 2018 an increase of 81% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,883 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($1,105 per ton), while the average price for exports to India ($248 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-4.7%), while the prices for the other major destinations experienced a decline.
Manganese Oxides Imports in Indonesia
After three years of growth, overseas purchases of manganese oxideses decreased by -13.8% to 20K tons in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 8.1% against the previous year.
In value terms, manganese oxides imports expanded significantly to $40M in 2022. The total import value increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. 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 likely to see gradual growth in years to come.
| Import of Manganese Oxides in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.8 | 14.8 | 18.6 | 20.2 | 8.5% |
| Japan | 12.9 | 15.3 | 16.1 | 16.2 | 7.9% |
| Greece | 0.7 | 0.8 | 0.8 | 1.0 | 12.6% |
| India | 0.7 | 0.7 | 0.6 | 1.0 | 12.6% |
| Mexico | 0.5 | 0.6 | 0.7 | 0.7 | 11.9% |
| Singapore | 1.0 | 0.8 | 0.6 | 0.4 | -26.3% |
| Belgium | 0.1 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.5 | 0.8 | 0.9 | 8.7% |
| Total | 32.4 | 33.5 | 38.2 | 40.5 | 7.7% |
Top Suppliers of Manganese Oxides to Indonesia in 2022:
- China (10.5K tons)
- Japan (6.1K tons)
- India (1.1K tons)
- Mexico (0.9K tons)
- Greece (0.5K tons)
- Belgium (0.4K tons)
- Singapore (0.2K tons)
Manganese Oxides Exports in Indonesia
Manganese oxides exports from Indonesia declined to 653 tons in 2022, reducing by -14.8% on the previous year. Overall, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 102% against the previous year. As a result, the exports reached the peak of 766 tons, and then reduced in the following year.
In value terms, manganese oxides exports dropped notably to $394K in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. As a result, the exports attained the peak of $500K, and then plummeted in the following year.
| Export of Manganese Oxides in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 162 | 131 | 152 | 120 | -9.5% |
| Singapore | 92.6 | 51.8 | 99.6 | 87.3 | -1.9% |
| Malaysia | 92.0 | 28.1 | 11.8 | 44.3 | -21.6% |
| Vietnam | 5.3 | 7.7 | 50.2 | 44.0 | 102.5% |
| Russia | 14.9 | 41.6 | 49.4 | 43.3 | 42.7% |
| Pakistan | 6.1 | 9.8 | 40.6 | 35.6 | 80.0% |
| India | 18.0 | 3.5 | 4.8 | 8.6 | -21.8% |
| Australia | N/A | N/A | 47.6 | N/A | 0% |
| Others | 1.9 | 15.1 | 44.1 | 11.1 | 80.1% |
| Total | 393 | 289 | 500 | 394 | 0.1% |
Top Export Markets for Manganese Oxides from Indonesia in 2022:
- Singapore (175.5 tons)
- China (108.7 tons)
- Russia (95.1 tons)
- Vietnam (91.4 tons)
- Malaysia (72.8 tons)
- Pakistan (54.9 tons)
- India (34.8 tons)
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