Price for Manganese Oxides; Excluding Manganese Dioxide in South Korea - 2022
Contents:
- Price for Manganese Oxides; Excluding Manganese Dioxide in South Korea (FOB) - 2022
- Price for Manganese Oxides; Excluding Manganese Dioxide in South Korea (CIF) - 2022
- Exports of Manganese Oxides; Excluding Manganese Dioxide in South Korea
- Imports of Manganese Oxides; Excluding Manganese Dioxide in South Korea
Price for Manganese Oxides; Excluding Manganese Dioxide in South Korea (FOB) - 2022
In 2022, the average export price for manganese oxides; excluding manganese dioxides amounted to $913 per ton, rising by 5.1% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 44%. As a result, the export price reached the peak level of $1,133 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($1,244 per ton), while the average price for exports to India ($227 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 France (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Manganese Oxides; Excluding Manganese Dioxide in South Korea (CIF) - 2022
The average import price for manganese oxides; excluding manganese dioxides stood at $3,869 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price saw strong growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 58% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
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 Belgium ($11,920 per ton), while the price for Japan ($912 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Manganese Oxides; Excluding Manganese Dioxide in South Korea
In 2022, manganese oxides; excluding manganese dioxide exports from South Korea declined to 13K tons, with a decrease of -14.1% on 2021 figures. In general, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 62%.
In value terms, manganese oxides; excluding manganese dioxide exports declined to $12M in 2022. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 24%.
| Export of Manganese Oxides; Excluding Manganese Dioxide in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4.5 | 1.3 | 3.6 | 3.9 | -4.7% |
| France | 4.6 | 1.1 | 2.0 | 2.1 | -23.0% |
| United Arab Emirates | 1.2 | 2.1 | 0.8 | 1.9 | 16.6% |
| United States | 2.2 | 2.6 | 0.7 | 1.2 | -18.3% |
| South Africa | 0.1 | 0.6 | 0.4 | 0.4 | 58.7% |
| Malaysia | 1.0 | 0.1 | 0.3 | 0.4 | -26.3% |
| Spain | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Canada | 0.4 | 0.4 | 0.3 | 0.3 | -9.1% |
| Netherlands | 0.4 | 0.4 | 0.3 | 0.3 | -9.1% |
| India | N/A | 0.5 | 0.3 | 0.3 | -22.5% |
| Others | 1.1 | 1.1 | 3.7 | 0.5 | -23.1% |
| Total | 15.8 | 10.3 | 12.7 | 11.5 | -10.0% |
Top Export Markets for Manganese Oxides; Excluding Manganese Dioxide from South Korea in 2022:
- Russia (3.1K tons)
- France (2.2K tons)
- United Arab Emirates (2.0K tons)
- India (1.3K tons)
- United States (1.2K tons)
- South Africa (0.8K tons)
- Netherlands (0.4K tons)
- Malaysia (0.4K tons)
- Spain (0.4K tons)
- Canada (0.3K tons)
Imports of Manganese Oxides; Excluding Manganese Dioxide in South Korea
In 2022, the amount of manganese oxides; excluding manganese dioxides imported into South Korea dropped remarkably to 1.2K tons, waning by -16.8% on the previous year. Over the period under review, imports recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, imports attained the peak of 1.5K tons, and then reduced rapidly in the following year.
In value terms, manganese oxides; excluding manganese dioxide imports contracted sharply to $4.7M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +6.9% 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 +25.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 51%. As a result, imports attained the peak of $5.6M, and then dropped dramatically in the following year.
| Import of Manganese Oxides; Excluding Manganese Dioxide in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,481 | 2,245 | 4,184 | 3,467 | 11.8% |
| Japan | 627 | 687 | 597 | 529 | -5.5% |
| United States | 409 | 389 | 291 | 302 | -9.6% |
| Belgium | 94.3 | 279 | 232 | 192 | 26.7% |
| South Africa | 103 | 69.1 | 214 | 118 | 4.6% |
| India | 93.0 | 50.8 | 69.5 | 59.0 | -14.1% |
| Others | 10.3 | 5.1 | 24.5 | 2.5 | -37.6% |
| Total | 3,817 | 3,726 | 5,612 | 4,669 | 6.9% |
Top Suppliers of Manganese Oxides; Excluding Manganese Dioxide to South Korea in 2022:
- Japan (579.9 tons)
- China (467.9 tons)
- South Africa (84.7 tons)
- United States (35.1 tons)
- India (21.7 tons)
- Belgium (16.1 tons)
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