Price for Manganese Oxides; Excluding Manganese Dioxide in the UK - 2023

Contents:

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

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

The average import price for manganese oxides; excluding manganese dioxides stood at $887 per ton in 2022, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 19%. The import price peaked at $887 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,962 per ton), while the price for South Africa ($482 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for manganese oxides; excluding manganese dioxides amounted to $1,121 per ton, falling by -7.9% against the previous year. In general, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manganese oxides; excluding manganese dioxide export price increased by +21.5% against 2020 indices. The growth pace was the most rapid in 2018 when the average export price increased by 72%. As a result, the export price reached the peak level of $1,236 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($3,129 per ton), while the average price for exports to Germany ($649 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 Italy (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manganese Oxides; Excluding Manganese Dioxide in the UK

Manganese oxides; excluding manganese dioxide imports into the UK dropped slightly to 4.5K tons in 2022, falling by -3.8% on the year before. Over the period under review, imports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 8.1%.

In value terms, manganese oxides; excluding manganese dioxide imports shrank slightly to $4M in 2022. Overall, imports continue to indicate a pronounced descent. The pace of growth appeared the most rapid in 2021 when imports increased by 8.1%.

Import of Manganese Oxides; Excluding Manganese Dioxide in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia8885471,1169552.5%
Norway33324185973530.2%
United States1,094720579669-15.1%
Belgium5067825285080.1%
India463328295304-13.1%
France97.825030225838.2%
Mexico344259147210-15.2%
South Africa308204202200-13.4%
Netherlands14568.142.271.2-21.1%
Others123472115119-1.1%
Total4,3013,8714,1854,028-2.2%

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

  1. Georgia (1273.6 tons)
  2. Norway (972.7 tons)
  3. Belgium (527.5 tons)
  4. South Africa (414.0 tons)
  5. India (370.8 tons)
  6. United States (341.0 tons)
  7. Mexico (264.4 tons)
  8. France (207.5 tons)
  9. Netherlands (64.9 tons)

Exports of Manganese Oxides; Excluding Manganese Dioxide in the UK

For the third consecutive year, the UK recorded decline in shipments abroad of manganese oxides; excluding manganese dioxides, which decreased by -1.6% to 593 tons in 2022. Over the period under review, exports continue to indicate a deep setback.

In value terms, manganese oxides; excluding manganese dioxide exports contracted to $665K in 2022. Overall, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 23%.

Export of Manganese Oxides; Excluding Manganese Dioxide in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland15621318423614.8%
Italy47.828.715420061.1%
Denmark34.796.346.275.729.7%
Turkey1.110833.961.0281.3%
Germany67.128.119.248.9-10.0%
France39.91.512.623.1-16.7%
Nigeria10.912.413.918.218.6%
Russia69.9N/A38.9N/A-25.4%
Turkmenistan308N/AN/AN/A0%
Others1001082311.5-75.3%
Total836596734665-7.3%

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

  1. Ireland (257.4 tons)
  2. Denmark (85.9 tons)
  3. Turkey (76.7 tons)
  4. Germany (75.3 tons)
  5. Italy (64.1 tons)
  6. France (22.5 tons)
  7. Nigeria (11.1 tons)

Source: IndexBox Market Intelligence Platform

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