Manganese Oxides Price in Portugal - 2023

Contents:

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

Manganese Oxides Price in Portugal (CIF) - 2022

In 2022, the average manganese oxides import price amounted to $963 per ton, surging by 6.7% against the previous year. Over the period under review, the import price showed a perceptible increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 45% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Belgium ($1,720 per ton), while the price for the UK ($721 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 (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Manganese Oxides Price in Portugal (FOB) - 2022

The average manganese oxides export price stood at $230 per ton in 2022, increasing by 222% against the previous year. Over the period under review, the export price, however, recorded a deep downturn. Over the period under review, the average export prices attained the maximum at $1,233 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($1,851 per ton), while the average price for exports to Spain ($125 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 Italy (+53.8%), while the prices for the other major destinations experienced a decline.

Manganese Oxides Imports in Portugal

In 2022, approx. 563 tons of manganese oxideses were imported into Portugal; waning by -17.6% against 2021. Overall, imports faced a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 6.6%.

In value terms, manganese oxides imports dropped to $543K in 2022. In general, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of $617K, and then reduced in the following year.

Import of Manganese Oxides in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil12314120620718.9%
South Africa18590.120595.7-19.7%
Spain12685.315079.1-14.4%
India68.373.1N/A73.32.4%
Belgium13.513.117.325.924.3%
United Kingdom34.636.2N/A19.5-17.4%
Italy28.753.720.33.7-49.5%
ChinaN/A37.7N/A0.1-94.8%
Others18.60.417.838.827.8%
Total598531617543-3.2%

Top Suppliers of Manganese Oxides to Portugal in 2022:

  1. China (undefined tons)
  2. Brazil (254.3 tons)
  3. India (92.5 tons)
  4. South Africa (82.1 tons)
  5. Spain (80.3 tons)
  6. United Kingdom (27.1 tons)
  7. Belgium (15.1 tons)
  8. Italy (2.3 tons)

Manganese Oxides Exports in Portugal

In 2022, after three years of growth, there was significant decline in overseas shipments of manganese oxideses, when their volume decreased by -82.2% to 132 tons. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 443% against the previous year. As a result, the exports attained the peak of 741 tons, and then contracted notably in the following year.

In value terms, manganese oxides exports declined markedly to $30K in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 576%. As a result, the exports reached the peak of $53K, and then dropped markedly in the following year.

Export of Manganese Oxides in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico4.8N/AN/A21.364.3%
Angola1.00.50.14.666.3%
Spain0.27.352.84.3178.1%
OthersN/AN/AN/A0.10%
Total6.07.852.930.371.6%

Top Export Markets for Manganese Oxides from Portugal in 2022:

  1. Mexico (94.9 tons)
  2. Spain (34.5 tons)
  3. Angola (2.5 tons)

Source: IndexBox Market Intelligence Platform

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