Manganese Oxides Price in Serbia - 2023

Contents:

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

Manganese Oxides Price in Serbia (CIF) - 2022

In 2022, the average manganese oxides import price amounted to $1,444 per ton, growing by 14% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The growth pace was the most rapid in 2013 an increase of 244% against the previous year. The import price peaked at $3,776 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($2,559 per ton), while the price for Belgium ($1,041 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Manganese Oxides Price in Serbia (FOB) - 2022

The average manganese oxides export price stood at $1,084 per ton in 2022, shrinking by -12.6% against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 65%. The export price peaked at $2,472 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to -2.3% per year.

Manganese Oxides Imports in Serbia

Manganese oxides imports into Serbia expanded markedly to 120 tons in 2022, increasing by 9.3% on the year before. In general, imports, however, saw a abrupt contraction.

In value terms, manganese oxides imports skyrocketed to $174K in 2022. Overall, imports, however, recorded a precipitous decline.

Import of Manganese Oxides in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium62.866.081.091.613.4%
BrazilN/A21.525.073.785.1%
NorwayN/AN/AN/A4.50%
Netherlands40.04.9N/AN/A-87.8%
United Kingdom19.50.1N/AN/A-99.5%
Poland31422929.6N/A-69.3%
Italy228N/AN/AN/A0%
Georgia7.64.6N/AN/A-39.5%
Others13.16.43.54.1-32.1%
Total685332139174-36.7%

Top Suppliers of Manganese Oxides to Serbia in 2022:

  1. Belgium (88.0 tons)
  2. Brazil (28.8 tons)
  3. Norway (2.5 tons)

Manganese Oxides Exports in Serbia

After three years of growth, shipments abroad of manganese oxideses decreased by -97.1% to 900 kg in 2022. Overall, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 495% against the previous year. As a result, the exports reached the peak of 31 tons, and then dropped remarkably in the following year.

In value terms, manganese oxides exports shrank notably to $976 in 2022. Over the period under review, exports recorded a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 429%. As a result, the exports attained the peak of $39K, and then contracted markedly in the following year.

Export of Manganese Oxides in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina3.47.438.91.0-33.5%
North Macedonia1.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total4.57.438.91.0-39.4%

Top Export Markets for Manganese Oxides from Serbia in 2022:

  1. Bosnia and Herzegovina (900.0 kg)

Source: IndexBox Market Intelligence Platform

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