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

Contents:

  1. Price for Manganese Oxides; Excluding Manganese Dioxide in Japan (CIF) - 2023
  2. Price for Manganese Oxides; Excluding Manganese Dioxide in Japan (FOB) - 2022
  3. Imports of Manganese Oxides; Excluding Manganese Dioxide in Japan
  4. Exports of Manganese Oxides; Excluding Manganese Dioxide in Japan

Price for Manganese Oxides; Excluding Manganese Dioxide in Japan (CIF) - 2023

The average import price for manganese oxides; excluding manganese dioxides stood at $3,963 per ton in July 2023, surging by 8.7% against the previous month. Overall, import price indicated slight growth from July 2022 to July 2023: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, manganese oxides; excluding manganese dioxide import price decreased by -4.5% against April 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 43% against the previous month. The import price peaked at $4,265 per ton in January 2023; however, from February 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($4,419 per ton), while the price for Norway ($1,256 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for manganese oxides; excluding manganese dioxides amounted to $382 per ton, declining by -28.1% against the previous year. In general, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by 26%. The export price peaked at $2,530 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,962 per ton), while the average price for exports to France ($109 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+37.7%), while the prices for the other major destinations experienced a decline.

Imports of Manganese Oxides; Excluding Manganese Dioxide in Japan

In 2022, after two years of decline, there was significant growth in supplies from abroad of manganese oxides; excluding manganese dioxides, when their volume increased by 22% to 1.2K tons. In general, imports, however, saw a abrupt decrease.

In value terms, manganese oxides; excluding manganese dioxide imports totaled $2.6M in 2022. Overall, imports, however, showed a abrupt decline.

Import of Manganese Oxides; Excluding Manganese Dioxide in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium7092,0551,4161,57430.5%
Norway379234276312-6.3%
Netherlands341308236311-3.0%
United States13.13.9144160130.3%
China19.415012714193.7%
India95.456.690.91011.9%
South Korea28.926.724.626.2-3.2%
South Africa1,88088.526.712.0-81.5%
Others5.417.16.26.98.5%
Total3,4712,9402,3472,644-8.7%

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

  1. Belgium (491.2 tons)
  2. Netherlands (220.9 tons)
  3. Norway (220.9 tons)
  4. India (106.0 tons)
  5. United States (102.2 tons)
  6. China (30.4 tons)
  7. South Korea (30.1 tons)
  8. South Africa (16.1 tons)

Exports of Manganese Oxides; Excluding Manganese Dioxide in Japan

In 2022, exports of manganese oxides; excluding manganese dioxides from Japan surged to 11K tons, growing by 19% on the year before. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, manganese oxides; excluding manganese dioxide exports declined to $4M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 40%. As a result, the exports attained the peak of $4.7M, and then reduced in the following year.

Export of Manganese Oxides; Excluding Manganese Dioxide in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8599711,8041,69525.4%
United Arab Emirates16398597091277.5%
Russia318115140154-21.5%
South Africa178400281146-6.4%
Vietnam87.417014013214.7%
Malaysia14490.378.763.0-24.1%
France12964.434.861.2-22.0%
Spain41.715.615.814.8-29.2%
Others7515441,2498584.5%
Total2,6713,3554,7144,03414.7%

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

  1. United Arab Emirates (5.6K tons)
  2. Russia (1.1K tons)
  3. Vietnam (0.9K tons)
  4. China (0.9K tons)
  5. France (0.6K tons)
  6. South Africa (0.5K tons)
  7. Malaysia (0.2K tons)
  8. Spain (0.1K tons)

Source: IndexBox Market Intelligence Platform

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