Price for Manganese Oxides; Excluding Manganese Dioxide in Guatemala - 2023

Contents:

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

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

In 2022, the average import price for manganese oxides; excluding manganese dioxides amounted to $1,153 per ton, increasing by 33% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $1,240 per ton in 2012; afterwards, it flattened through to 2022.

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 Brazil ($2,142 per ton), while the price for Mexico ($1,106 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+24.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for manganese oxides; excluding manganese dioxides amounted to $1,323 per ton, reducing by -1.7% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 93%. As a result, the export price reached the peak level of $2,508 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Costa Rica.

From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +4.1% per year.

Imports of Manganese Oxides; Excluding Manganese Dioxide in Guatemala

In 2022, approx. 474 tons of manganese oxides; excluding manganese dioxides were imported into Guatemala; picking up by 1.6% against 2021 figures. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 38% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, manganese oxides; excluding manganese dioxide imports surged to $546K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 36% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Manganese Oxides; Excluding Manganese Dioxide in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico83.557.413848980.2%
United States7.920.226.343.676.7%
Brazil21.314.02.713.9-13.3%
Colombia7.710.710.8N/A18.4%
China7.511.213.1N/A32.2%
India190170196N/A1.6%
Others15.913.615.5N/A-1.3%
Total33429740354617.8%

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

  1. Mexico (442.0 tons)
  2. United States (25.3 tons)
  3. Brazil (6.5 tons)

Exports of Manganese Oxides; Excluding Manganese Dioxide in Guatemala

In 2022, exports of manganese oxides; excluding manganese dioxides from Guatemala fell dramatically to 12 tons, with a decrease of -41.4% against the year before. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 931% against the previous year. As a result, the exports reached the peak of 21 tons, and then reduced rapidly in the following year.

In value terms, manganese oxides; excluding manganese dioxide exports shrank dramatically to $16K in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 871%. As a result, the exports attained the peak of $28K, and then shrank dramatically in the following year.

Export of Manganese Oxides; Excluding Manganese Dioxide in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica2.82.622.316.078.8%
Dominican Republic0.10.11.0N/A216.2%
El Salvador0.10.12.3N/A379.6%
Honduras0.1N/A0.9N/A200.0%
Others0.10.11.4N/A274.2%
Total3.12.927.816.072.8%

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

  1. Costa Rica (12.1 tons)

Source: IndexBox Market Intelligence Platform

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