Manganese Oxides Price in Vietnam - 2022
Contents:
- Manganese Oxides Price in Vietnam (CIF) - 2022
- Manganese Oxides Price in Vietnam (FOB) - 2022
- Manganese Oxides Imports in Vietnam
- Manganese Oxides Exports in Vietnam
Manganese Oxides Price in Vietnam (CIF) - 2022
In December 2022, the average manganese oxides import price amounted to $2,135 per ton, rising by 2.5% against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +2.8%. The growth pace was the most rapid in March 2022 when the average import price increased by 68% month-to-month. Over the period under review, average import prices hit record highs at $2,346 per ton in June 2022; however, from July 2022 to December 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2,418 per ton), while the price for India ($1,013 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Manganese Oxides Price in Vietnam (FOB) - 2022
In 2022, the average manganese oxides export price amounted to $490 per ton, reducing by -7.4% against the previous year. In general, the export price saw a deep setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by 184% against the previous year. The export price peaked at $1,090 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 Lao People's Democratic Republic.
From 2012 to 2022, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to -7.7% per year.
Manganese Oxides Imports in Vietnam
Manganese oxides imports into Vietnam surged to 2.9K tons in 2022, growing by 41% compared with 2021. Over the period under review, imports, however, saw a deep slump.
In value terms, manganese oxides imports soared to $4.4M in 2022. Overall, imports, however, continue to indicate a deep slump.
| Import of Manganese Oxides in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | 4.6 | 2.8 | 3.8 | -3.3% |
| India | 0.7 | 0.8 | 0.3 | 0.5 | -10.6% |
| United States | 0.3 | N/A | N/A | 0.1 | -30.7% |
| Japan | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Total | 5.4 | 5.6 | 3.3 | 4.4 | -6.6% |
Top Suppliers of Manganese Oxides to Vietnam in 2022:
- China (2151.0 tons)
- India (530.2 tons)
- United States (94.6 tons)
- Japan (71.5 tons)
Manganese Oxides Exports in Vietnam
In 2022, exports of manganese oxideses from Vietnam skyrocketed to 109 tons, picking up by 121% against 2021 figures. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 870% against the previous year. As a result, the exports attained the peak of 161 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, manganese oxides exports soared to $53K in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 825%. As a result, the exports attained the peak of $81K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Manganese Oxides in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 8.0 | 62.5 | 18.8 | 53.3 | 88.2% |
| South Africa | N/A | 18.1 | N/A | N/A | 0% |
| Australia | N/A | N/A | 7.3 | N/A | 0% |
| Others | 0.7 | N/A | N/A | N/A | 0% |
| Total | 8.7 | 80.7 | 26.0 | 53.3 | 83.0% |
Top Export Markets for Manganese Oxides from Vietnam in 2022:
- Lao People's Democratic Republic (109.0 tons)
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