Manganese Oxides Price in Sri Lanka - 2021
Contents:
Manganese Oxides Price in Sri Lanka (CIF) - 2022
In 2022, the average manganese oxides import price amounted to $577 per ton, rising by 2.6% against the previous year. Over the period under review, the import price, however, saw a abrupt slump. The growth pace was the most rapid in 2018 when the average import price increased by 46% against the previous year. Over the period under review, average import prices hit record highs at $1,505 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 South Africa ($2,392 per ton), while the price for China ($438 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Manganese Oxides Imports in Sri Lanka
In 2022, manganese oxides imports into Sri Lanka contracted modestly to 100 tons, reducing by -1.7% on the year before. Overall, imports continue to indicate a abrupt setback.
In value terms, manganese oxides imports stood at $58K in 2022. In general, imports faced a deep reduction.
| Import of Manganese Oxides in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 58.3 | 41.1 | 37.5 | 48.4 | -6.0% |
| South Africa | 7.9 | 6.8 | 5.3 | 7.2 | -3.0% |
| China | 13.8 | 7.6 | 3.9 | 2.2 | -45.8% |
| Others | 6.6 | 6.0 | 10.5 | N/A | 26.1% |
| Total | 86.7 | 61.5 | 57.2 | 57.7 | -12.7% |
Top Suppliers of Manganese Oxides to Sri Lanka in 2022:
- India (92.0 tons)
- China (5.0 tons)
- South Africa (3.0 tons)
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