Middle East: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in the Middle East

In 2023, the Middle Eastern manganese ore and concentrate market decreased by X% to $X, falling for the fifth year in a row after two years of growth. Overall, consumption showed a abrupt contraction. The level of consumption peaked at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Production of Manganese Ores and Concentrates in the Middle East

In value terms, manganese ore and concentrate production fell sharply to $X in 2023 estimated in export price. Overall, production saw a mild slump. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

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Exports of Manganese Ores and Concentrates

Exports in the Middle East

In 2023, manganese ore and concentrate exports in the Middle East expanded sharply to X tons, surging by X% on 2022 figures. In general, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports remained at a lower figure.

In value terms, manganese ore and concentrate exports rose markedly to $X in 2023. Over the period under review, exports posted a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates prevails in exports structure, reaching X tons, which was near X% of total exports in 2023. It was distantly followed by Turkey (X tons), achieving a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the manganese ores and concentrates exports, with a CAGR of X% from 2012 to 2023. Turkey (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United Arab Emirates increased by X percentage points.

In value terms, the United Arab Emirates ($X) remains the largest manganese ore and concentrate supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.

In the United Arab Emirates, manganese ore and concentrate exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in the Middle East amounted to $X per ton, leveling off at the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2022, and then contracted slightly in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Turkey amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%).

Imports of Manganese Ores and Concentrates

Imports in the Middle East

In 2023, the amount of manganese ores and concentrates imported in the Middle East soared to X tons, picking up by X% against the previous year. Over the period under review, imports, however, saw a mild curtailment. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, manganese ore and concentrate imports soared to $X in 2023. In general, imports continue to indicate a mild increase. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

Saudi Arabia represented the largest importer of manganese ores and concentrates in the Middle East, with the volume of imports finishing at X tons, which was near X% of total imports in 2023. It was distantly followed by Iran (X tons) and the United Arab Emirates (X tons), together comprising a X% share of total imports. Oman (X tons) took a little share of total imports.

From 2012 to 2023, the biggest increases were recorded for Iran (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Iran ($X), Saudi Arabia ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Among the main importing countries, Iran, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2023, falling by X% against the previous year. In general, the import price, however, showed a notable expansion. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per ton in 2022, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform