Manganese Dioxide Price in the Philippines - 2023
Contents:
Manganese Dioxide Price in the Philippines (CIF) - 2022
In 2022, the average manganese dioxide import price amounted to $1,044 per ton, remaining stable against the previous year. In general, the import price, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 88% against the previous year. The import price peaked at $1,643 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,259 per ton), while the price for India totaled $870 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Manganese Dioxide Imports in the Philippines
In 2022, manganese dioxide imports into the Philippines reduced to 97 tons, which is down by -7.6% on 2021. In general, imports saw a mild decrease. The growth pace was the most rapid in 2021 when imports increased by 4%. As a result, imports reached the peak of 105 tons, and then fell in the following year.
In value terms, manganese dioxide imports declined to $101K in 2022. Over the period under review, imports showed a abrupt descent. The growth pace was the most rapid in 2020 when imports increased by 21% against the previous year. As a result, imports attained the peak of $165K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Manganese Dioxide in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4.0 | 4.8 | 9.8 | 52.2 | 135.4% |
| United States | 16.3 | 30.2 | 1.3 | 45.9 | 41.2% |
| Belgium | 12.5 | 13.3 | 9.7 | N/A | -11.9% |
| Mexico | 79.2 | 85.7 | 64.2 | N/A | -10.0% |
| Australia | 9.4 | 9.7 | 6.9 | N/A | -14.3% |
| Others | 15.0 | 21.6 | 16.4 | 2.9 | -42.2% |
| Total | 136 | 165 | 108 | 101 | -9.4% |
Top Suppliers of Manganese Dioxide to the Philippines in 2022:
- India (60.0 tons)
- United States (36.5 tons)
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