Manganese Oxides Price in Pakistan - 2023
Contents:
Manganese Oxides Price in Pakistan (CIF) - 2022
In 2022, the average manganese oxides import price amounted to $2,164 per ton, increasing by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2017 an increase of 24% against the previous year. Over the period under review, average import prices attained the maximum 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 South Africa ($5,010 per ton), while the price for Indonesia ($914 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Manganese Oxides Imports in Pakistan
In 2022, approx. 496 tons of manganese oxideses were imported into Pakistan; surging by 8.3% against the previous year's figure. Overall, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 101%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, manganese oxides imports skyrocketed to $1.1M in 2022. In general, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 89%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Manganese Oxides in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 222 | 176 | 356 | 494 | 30.6% |
| Norway | 101 | 30.9 | 181 | 252 | 35.6% |
| United Arab Emirates | 245 | 178 | 172 | 138 | -17.4% |
| United States | 73.1 | 32.4 | 19.9 | 69.0 | -1.9% |
| Indonesia | 5.9 | 10.1 | 41.2 | 57.2 | 113.2% |
| Malaysia | 17.0 | 7.5 | 20.2 | 28.0 | 18.1% |
| Others | 28.6 | 22.0 | 71.8 | 36.4 | 8.4% |
| Total | 693 | 457 | 863 | 1,074 | 15.7% |
Top Suppliers of Manganese Oxides to Pakistan in 2022:
- China (160.8 tons)
- Norway (139.6 tons)
- United Arab Emirates (69.6 tons)
- Indonesia (62.6 tons)
- United States (46.6 tons)
- Malaysia (8.7 tons)
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