Manganese Oxides Price in Morocco - 2022

Manganese Oxides Price in Morocco (CIF) - 2022

The average manganese oxides import price stood at $1,130 per ton in 2022, dropping by -21.3% against the previous year. Overall, the import price saw a pronounced decrease. The pace of growth appeared the most rapid in 2021 an increase of 40% against the previous year. As a result, import price reached the peak level of $1,437 per ton, and then fell remarkably in the following year.

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 China ($1,380 per ton), while the price for Georgia ($725 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.2%), while the prices for the other major suppliers experienced a decline.

Manganese Oxides Price in Morocco (FOB) - 2022

In 2022, the average manganese oxides export price amounted to $793 per ton, shrinking by -7.3% against the previous year. In general, the export price, however, posted a mild expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 70%. Over the period under review, the average export prices reached the maximum at $855 per ton in 2021, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for Namibia.

From 2012 to 2022, the rate of growth in terms of prices for Namibia amounted to +1.6% per year.

Manganese Oxides Imports in Morocco

In 2022, after three years of growth, there was significant decline in supplies from abroad of manganese oxideses, when their volume decreased by -42.3% to 941 tons. Overall, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 99.9% against the previous year. As a result, imports attained the peak of 1.6K tons, and then reduced rapidly in the following year.

In value terms, manganese oxides imports fell markedly to $1.1M in 2022. In general, imports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 179% against the previous year. As a result, imports attained the peak of $2.3M, and then shrank remarkably in the following year.

Import of Manganese Oxides in Morocco (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	268	248	1,749	767	42.0%
Brazil	117	152	234	102	-4.5%
Georgia	197	327	134	79.7	-26.0%
India	108	62.5	15.3	25.2	-38.4%
Belgium	22.2	25.4	19.1	6.4	-33.9%
Italy	9.5	16.3	13.0	5.7	-15.7%
Others	11.6	6.7	179	77.9	88.7%
Total	733	839	2,343	1,064	13.2%

Top Suppliers of Manganese Oxides to Morocco in 2022:

China (555.6 tons)
Brazil (134.3 tons)
Georgia (109.9 tons)
India (33.2 tons)
Italy (10.9 tons)
Belgium (8.2 tons)

Manganese Oxides Exports in Morocco

For the third year in a row, Morocco recorded decline in overseas shipments of manganese oxideses, which decreased by -2.9% to 120 tons in 2022. Over the period under review, exports showed a sharp decline.

In value terms, manganese oxides exports shrank to $95K in 2022. Overall, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 38% against the previous year. As a result, the exports attained the peak of $14M. From 2021 to 2022, the growth of the exports failed to regain momentum.