South-Eastern Asia: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in South-Eastern Asia

The Southeast Asian manganese ore and concentrate market declined slightly to $X in 2023, with a decrease of X% against the previous year. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Production of Manganese Ores and Concentrates in South-Eastern Asia

In value terms, manganese ore and concentrate production expanded slightly to $X in 2023 estimated in export price. In general, production saw a buoyant increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Manganese Ores and Concentrates

Exports in South-Eastern Asia

In 2023, exports of manganese ores and concentrates in South-Eastern Asia shrank notably to X tons, declining by X% against the previous year. In general, exports showed a deep contraction. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of X tons. From 2020 to 2023, the growth of the exports failed to regain momentum.

In value terms, manganese ore and concentrate exports dropped rapidly to $X in 2023. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Malaysia prevails in exports structure, recording X tons, which was near X% of total exports in 2023. Thailand (X tons) took a relatively small share of total exports.

From 2012 to 2023, average annual rates of growth with regard to manganese ore and concentrate exports from Malaysia stood at X%. At the same time, Thailand (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2023. While the share of Malaysia (X p.p.) and Thailand (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) remains the largest manganese ore and concentrate supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports.

In Malaysia, manganese ore and concentrate exports declined by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in South-Eastern Asia amounted to $X per ton, reducing by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked at $X per ton in 2021; however, from 2022 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 Thailand ($X per ton), while Malaysia stood at $X per ton.

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

Imports of Manganese Ores and Concentrates

Imports in South-Eastern Asia

In 2023, imports of manganese ores and concentrates in South-Eastern Asia shrank sharply to X tons, reducing by X% compared with 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, manganese ore and concentrate imports declined markedly to $X in 2023. In general, imports, however, showed a significant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Malaysia (X tons) represented the major importer of manganese ores and concentrates, achieving X% of total imports. Indonesia (X tons) ranks second in terms of the total imports with a X% share, followed by Vietnam (X%). Thailand (X tons) followed a long way behind the leaders.

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

In value terms, Malaysia ($X), Indonesia ($X) and Vietnam ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

In terms of the main importing countries, Malaysia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in South-Eastern Asia amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price recorded a pronounced descent. The pace of growth was the most pronounced in 2017 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 remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Vietnam ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform