Price for Manganese Oxides; Excluding Manganese Dioxide in Russia - 2022

Contents:

  1. Price for Manganese Oxides; Excluding Manganese Dioxide in Russia (CIF) - 2022
  2. Price for Manganese Oxides; Excluding Manganese Dioxide in Russia (FOB) - 2022
  3. Imports of Manganese Oxides; Excluding Manganese Dioxide in Russia
  4. Exports of Manganese Oxides; Excluding Manganese Dioxide in Russia

Price for Manganese Oxides; Excluding Manganese Dioxide in Russia (CIF) - 2022

In January 2022, the average import price for manganese oxides; excluding manganese dioxides amounted to $971 per ton, increasing by 4.5% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2021 when the average import price increased by 23% m-o-m. As a result, import price reached the peak level of $1,096 per ton. From May 2021 to January 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In January 2022, the countries with the highest prices were Norway ($1,071 per ton) and South Korea ($1,030 per ton), while the price for Indonesia ($809 per ton) and Belgium ($856 per ton) were amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by India (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Manganese Oxides; Excluding Manganese Dioxide in Russia (FOB) - 2022

In 2022, the average export price for manganese oxides; excluding manganese dioxides amounted to $1,685 per ton, declining by -23.2% against the previous year. In general, the export price continues to indicate a deep downturn. The growth pace was the most rapid in 2021 when the average export price increased by 86%. The export price peaked at $5,791 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($1,791 per ton), while the average price for exports to Kazakhstan totaled $1,578 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+12.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Manganese Oxides; Excluding Manganese Dioxide in Russia

Manganese oxides; excluding manganese dioxide imports into Russia dropped markedly to 13K tons in 2022, with a decrease of -17.8% on the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 60% against the previous year. As a result, imports reached the peak of 16K tons, and then dropped notably in the following year.

In value terms, manganese oxides; excluding manganese dioxide imports declined dramatically to $12M in 2022. In general, total imports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 99%. As a result, imports attained the peak of $16M, and then fell sharply in the following year.

Import of Manganese Oxides; Excluding Manganese Dioxide in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa2.01.62.46.145.0%
Estonia1.3N/AN/A1.67.2%
FranceN/AN/AN/A1.00%
Georgia2.01.42.30.6-33.1%
India0.70.60.90.6-5.0%
Norway3.82.43.90.5-49.1%
Japan0.20.10.10.314.5%
South KoreaN/A1.96.40.1-77.1%
Others0.90.30.51.518.6%
Total10.98.316.412.44.4%

Top Suppliers of Manganese Oxides; Excluding Manganese Dioxide to Russia in 2022:

  1. South Africa (6.1K tons)
  2. Estonia (2.7K tons)
  3. France (1.2K tons)
  4. Georgia (0.7K tons)
  5. India (0.6K tons)
  6. Norway (0.5K tons)
  7. Japan (0.4K tons)
  8. South Korea (0.1K tons)

Exports of Manganese Oxides; Excluding Manganese Dioxide in Russia

In 2022, approx. 85 tons of manganese oxides; excluding manganese dioxides were exported from Russia; almost unchanged from the previous year's figure. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 950% against the previous year. As a result, the exports attained the peak of 85 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, manganese oxides; excluding manganese dioxide exports dropped dramatically to $143K in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,273% against the previous year.

Export of Manganese Oxides; Excluding Manganese Dioxide in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus5.330.158.974.3141.1%
Kazakhstan1.069.853.968.0308.2%
AzerbaijanN/AN/A72.1N/A0%
Others1.00.10.10.3-33.1%
Total7.3100185143169.6%

Top Export Markets for Manganese Oxides; Excluding Manganese Dioxide from Russia in 2022:

  1. Kazakhstan (43.1 tons)
  2. Belarus (41.5 tons)

Source: IndexBox Market Intelligence Platform

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