Manganese Dioxide Price in Latvia - 2023

Contents:

1. Manganese Dioxide Price in Latvia (CIF) - 2022
2. Manganese Dioxide Price in Latvia (FOB) - 2022
3. Manganese Dioxide Imports in Latvia
4. Manganese Dioxide Exports in Latvia

Manganese Dioxide Price in Latvia (CIF) - 2022

The average manganese dioxide import price stood at $3,943 per ton in 2022, declining by -2.2% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 81%. The import price peaked at $4,140 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($5,198 per ton), while the price for Lithuania ($1,442 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Manganese Dioxide Price in Latvia (FOB) - 2022

In 2022, the average manganese dioxide export price amounted to $1,567 per ton, falling by -2.1% against the previous year. Over the period under review, the export price continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2014 when the average export price increased by 37%. As a result, the export price attained the peak level of $2,842 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($2,712 per ton), while the average price for exports to Lithuania ($1,335 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.

Manganese Dioxide Imports in Latvia

For the third consecutive year, Latvia recorded decline in supplies from abroad of manganese dioxides, which decreased by -12.1% to 85 tons in 2022. Overall, imports recorded a precipitous descent.

In value terms, manganese dioxide imports shrank to $334K in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 15%.

Top Suppliers of Manganese Dioxide to Latvia in 2022:

1. United States (42.3 tons)
2. Netherlands (18.6 tons)
3. Germany (16.1 tons)
4. Lithuania (7.7 tons)

Manganese Dioxide Exports in Latvia

In 2022, approx. 49 tons of manganese dioxides were exported from Latvia; with an increase of 12% compared with the previous year. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 48%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, manganese dioxide exports rose notably to $77K in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 45%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Manganese Dioxide from Latvia in 2022:

1. Lithuania (34.4 tons)
2. Estonia (10.5 tons)
3. Poland (2.0 tons)
4. Norway (1.3 tons)
5. Sweden (1.0 tons)

Source: IndexBox Market Intelligence Platform