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

Contents:

1. Price for Manganese Oxides; Excluding Manganese Dioxide in Latvia (CIF) - 2022
2. Imports of Manganese Oxides; Excluding Manganese Dioxide in Latvia

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

In 2022, the average import price for manganese oxides; excluding manganese dioxides amounted to $878 per ton, reducing by -16.1% against the previous year. Overall, the import price showed a slight decline. The pace of growth appeared the most rapid in 2017 an increase of 61%. The import price peaked at $1,116 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Korea ($1,170 per ton), while the price for Norway ($759 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Manganese Oxides; Excluding Manganese Dioxide in Latvia

In 2022, overseas purchases of manganese oxides; excluding manganese dioxides decreased by -26.3% to 200 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a pronounced decline. The most prominent rate of growth was recorded in 2020 when imports increased by 23%. As a result, imports attained the peak of 272 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, manganese oxides; excluding manganese dioxide imports dropped notably to $175K in 2022. In general, total imports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 42% against the previous year. As a result, imports attained the peak of $284K, and then fell notably in the following year.

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

1. Norway (122.0 tons)
2. South Korea (53.8 tons)
3. France (24.0 tons)

Source: IndexBox Market Intelligence Platform