Manganese Oxides Price in Panama - 2023

Contents:

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

Manganese Oxides Price in Panama (CIF) - 2022

In 2022, the average manganese oxides import price amounted to $1,551 per ton, shrinking by -29.1% against the previous year. Over the period under review, the import price saw a noticeable decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 108%. Over the period under review, average import prices hit record highs at $7,235 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,015 per ton), while the price for Brazil stood at $1,544 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+76.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Manganese Oxides Price in Panama (FOB) - 2022

The average manganese oxides export price stood at $807 per ton in 2022, with a decrease of -8.5% against the previous year. In general, the export price recorded a slight reduction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 136%. As a result, the export price reached the peak level of $2,723 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

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 Guatemala ($5,023 per ton), while the average price for exports to Venezuela totaled $704 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+20.5%), while the prices for the other major destinations experienced mixed trend patterns.

Manganese Oxides Imports in Panama

In 2022, approx. 21 tons of manganese oxideses were imported into Panama; surging by 165% against 2021 figures. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, manganese oxides imports surged to $33K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Manganese Oxides in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil0.40.60.532.6333.6%
United States0.14.63.50.791.3%
Spain1.5N/AN/AN/A0%
Belgium0.6N/A7.6N/A255.9%
Italy2.03.54.7N/A53.3%
Others1.31.51.4N/A3.8%
Total6.010.217.733.377.1%

Top Suppliers of Manganese Oxides to Panama in 2022:

  1. Brazil (21.1 tons)
  2. United States (0.3 tons)

Manganese Oxides Exports in Panama

In 2022, exports of manganese oxideses from Panama dropped to 1.8 tons, which is down by -7.4% compared with 2021. Over the period under review, exports recorded a deep slump. The smallest decline of -7.3% was in 2020.

In value terms, manganese oxides exports fell remarkably to $1.5K in 2022. In general, exports saw a abrupt curtailment. The smallest decline of -15.2% was in 2021.

Export of Manganese Oxides in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela2,1301,7791,4841,235-16.6%
Guatemala252240228216-5.0%
OthersN/AN/AN/AN/A0%
Total2,3822,0191,7121,451-15.2%

Top Export Markets for Manganese Oxides from Panama in 2022:

  1. Venezuela (1754.0 kg)
  2. Guatemala (43.0 kg)

Source: IndexBox Market Intelligence Platform

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