Price for Manganese Oxides; Excluding Manganese Dioxide in Colombia - 2022

Contents:

1. Price for Manganese Oxides; Excluding Manganese Dioxide in Colombia (CIF) - 2022
2. Price for Manganese Oxides; Excluding Manganese Dioxide in Colombia (FOB) - 2022
3. Imports of Manganese Oxides; Excluding Manganese Dioxide in Colombia
4. Exports of Manganese Oxides; Excluding Manganese Dioxide in Colombia

Price for Manganese Oxides; Excluding Manganese Dioxide in Colombia (CIF) - 2022

The average import price for manganese oxides; excluding manganese dioxides stood at $461 per ton in February 2022, waning by -53.6% against the previous month. In general, the import price saw a deep reduction. The most prominent rate of growth was recorded in July 2021 when the average import price increased by 103% month-to-month. As a result, import price reached the peak level of $1,044 per ton. From August 2021 to February 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From February 2021 to February 2022, the rate of growth in terms of prices for South Africa amounted to -5.3% per month.

Price for Manganese Oxides; Excluding Manganese Dioxide in Colombia (FOB) - 2022

In 2022, the average export price for manganese oxides; excluding manganese dioxides amounted to $1,440 per ton, with a decrease of -32.2% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 93% against the previous year. The export price peaked at $2,125 per ton in 2021, and then reduced notably in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($2,024 per ton), while the average price for exports to Guatemala totaled $1,358 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+4.2%).

Imports of Manganese Oxides; Excluding Manganese Dioxide in Colombia

Manganese oxides; excluding manganese dioxide imports into Colombia contracted significantly to 4.7K tons in 2022, with a decrease of -17.5% compared with 2021 figures. Overall, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50%. As a result, imports reached the peak of 5.7K tons, and then reduced remarkably in the following year.

In value terms, manganese oxides; excluding manganese dioxide imports dropped sharply to $2.7M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of $3.2M, and then fell dramatically in the following year.

Top Suppliers of Manganese Oxides; Excluding Manganese Dioxide to Colombia in 2022:

1. South Africa (4142.4 tons)
2. South Korea (288.6 tons)
3. United States (108.7 tons)
4. Mexico (83.5 tons)

Exports of Manganese Oxides; Excluding Manganese Dioxide in Colombia

In 2022, manganese oxides; excluding manganese dioxide exports from Colombia soared to 178 tons, growing by 83% compared with the year before. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,135% against the previous year. As a result, the exports attained the peak of 200 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, manganese oxides; excluding manganese dioxide exports surged to $256K in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 2,280%. As a result, the exports reached the peak of $306K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Manganese Oxides; Excluding Manganese Dioxide from Colombia in 2022:

1. Guatemala (160.1 tons)
2. Venezuela (16.3 tons)

Source: IndexBox Market Intelligence Platform