Overview of the Global Market for Manganese Ores and Concentrates

Market Size for Manganese Ores and Concentrates

In 2020, the global manganese ore and concentrate market decreased by -X% to $X, falling for the second year in a row after two years of growth. Over the period under review, the total consumption indicated a perceptible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, the global market hit record highs at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Production of Manganese Ores and Concentrates

In value terms, manganese ore and concentrate production shrank sharply to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, global production reached the peak level at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Production By Country

South Africa (X tonnes) constituted the country with the largest volume of manganese ore and concentrate production, accounting for X% of total volume. Moreover, manganese ore and concentrate production in South Africa exceeded the figures recorded by the second-largest producer, Australia (X tonnes), threefold. The third position in this ranking was occupied by Gabon (X tonnes), with a X% share.

In South Africa, manganese ore and concentrate production expanded at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Australia (+X% per year) and Gabon (+X% per year).

Exports of Manganese Ores and Concentrates

Exports

In 2020, approx. X tonnes of manganese ores and concentrates were exported worldwide; standing approx. at 2019. Overall, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. As a result, exports attained the peak of X tonnes. from 2018 to 2020, the growth of global exports remained at a somewhat lower figure.

In value terms, manganese ore and concentrate exports shrank dramatically to $X in 2020. In general, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Global exports peaked at $X in 2019, and then fell significantly in the following year.

Exports by Country

In 2020, South Africa (X tonnes) represented the major exporter of manganese ores and concentrates, making up X% of total exports. It was distantly followed by Australia (X tonnes), Gabon (X tonnes), Brazil (X tonnes) and Ghana (X tonnes), together making up a X% share of total exports. Cote d'Ivoire (X tonnes) and Malaysia (X tonnes) followed a long way behind the leaders.

Exports from South Africa increased at an average annual rate of +X% from 2007 to 2020. At the same time, Cote d'Ivoire (+X%), Malaysia (+X%), Brazil (+X%), Gabon (+X%), Ghana (+X%) and Australia (+X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. While the share of South Africa (+X p.p.) and Cote d'Ivoire (+X p.p.) increased significantly in terms of the global exports from 2007-2020, the share of Ghana (-X p.p.), Gabon (-X p.p.) and Australia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest manganese ore and concentrate supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Gabon ($X), with a X% share of global exports. It was followed by Australia, with a X% share.

In South Africa, manganese ore and concentrate exports increased at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Gabon (+X% per year) and Australia (+X% per year).

Export Prices by Country

In 2020, the average manganese ore and concentrate export price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the export price saw a slight shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2008; however, from 2009 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Gabon ($X per tonne), while Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Gabon, while the other global leaders experienced a decline in the export price figures.

Imports of Manganese Ores and Concentrates

Imports

After four years of growth, overseas purchases of manganese ores and concentrates decreased by -X% to X tonnes in 2020. Overall, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Global imports peaked at X tonnes in 2019, and then reduced in the following year.

In value terms, manganese ore and concentrate imports contracted dramatically to $X in 2020. In general, imports, however, showed a remarkable increase. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, global imports reached the peak figure at $X in 2019, and then plummeted in the following year.

Imports by Country

China prevails in manganese ore and concentrate imports structure, finishing at X tonnes, which was approx. X% of total imports in 2020. It was distantly followed by India (X tonnes), committing an X% share of total imports. Russia (X tonnes), Malaysia (X tonnes), South Korea (X tonnes), Norway (X tonnes) and Japan (X tonnes) held a little share of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2020. At the same time, India (+X%), Malaysia (+X%), Russia (+X%), Norway (+X%), South Korea (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of China and India increased by +X% and +X% percentage points, while South Korea (-X p.p.) and Japan (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported manganese ores and concentrates worldwide, comprising X% of global imports. The second position in the ranking was occupied by India ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

In China, manganese ore and concentrate imports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: India (+X% per year) and South Korea (+X% per year).

Import Prices by Country

In 2020, the average manganese ore and concentrate import price amounted to $X per tonne, reducing by -X% against the previous year. In general, the import price showed a noticeable setback. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. Global import price peaked at $X per tonne in 2008; however, from 2009 to 2020, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Norway ($X per tonne) and Japan ($X per tonne), while China ($X per tonne) and Russia ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform