Africa: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in Africa

The African manganese ore and concentrate market expanded remarkably to $X in 2023, with an increase of X% against the previous year. Overall, consumption enjoyed a resilient expansion. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Manganese Ores and Concentrates in Africa

In value terms, manganese ore and concentrate production expanded to $X in 2023 estimated in export price. Overall, production saw a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

Exports of Manganese Ores and Concentrates

Exports in Africa

In 2023, approx. X tons of manganese ores and concentrates were exported in Africa; growing by X% against the year before. In general, exports recorded a prominent expansion. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in the immediate term.

In value terms, manganese ore and concentrate exports dropped to $X in 2023. Over the period under review, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2022, and then dropped in the following year.

Exports by Country

South Africa was the key exporting country with an export of about X tons, which amounted to X% of total exports. It was distantly followed by Gabon (X tons), mixing up a X% share of total exports. Cote d'Ivoire (X tons) held a little share of total exports.

From 2012 to 2023, average annual rates of growth with regard to manganese ore and concentrate exports from South Africa stood at X%. At the same time, Cote d'Ivoire (X%) and Gabon (X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. Cote d'Ivoire (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest manganese ore and concentrate supplying countries in Africa were South Africa ($X), Gabon ($X) and Cote d'Ivoire ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Cote d'Ivoire, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Africa amounted to $X per ton, reducing by X% against the previous year. In general, the export price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Gabon ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Gabon (X%), while the other leaders experienced a decline in the export price figures.

Imports of Manganese Ores and Concentrates

Imports in Africa

In 2023, supplies from abroad of manganese ores and concentrates decreased by X% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, manganese ore and concentrate imports dropped to $X in 2023. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

Egypt (X tons) and South Africa (X tons) dominates imports structure, together achieving X% of total imports. Seychelles (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Mauritius (X%). Kenya (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Mauritius (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest manganese ore and concentrate importing markets in Africa were Egypt ($X), Seychelles ($X) and South Africa ($X), together comprising X% of total imports.

Seychelles, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per ton in 2023, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Seychelles ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Seychelles (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform