Manganese Oxides Price in South Africa - 2023
Contents:
- Manganese Oxides Price in South Africa (FOB) - 2022
- Manganese Oxides Price in South Africa (CIF) - 2023
- Manganese Oxides Exports in South Africa
- Manganese Oxides Imports in South Africa
Manganese Oxides Price in South Africa (FOB) - 2022
In 2022, the average manganese oxides export price amounted to $392 per ton, picking up by 12% against the previous year. Over the period under review, the export price, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 54% against the previous year. The export price peaked at $1,570 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($729 per ton), while the average price for exports to Australia ($184 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.
Manganese Oxides Price in South Africa (CIF) - 2023
In September 2023, the average manganese oxides import price amounted to $764 per ton, jumping by 44% against the previous month. In general, the import price posted a perceptible expansion. The pace of growth was the most pronounced in October 2022 an increase of 969% m-o-m. As a result, import price attained the peak level of $4,713 per ton. From November 2022 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2,849 per ton), while the price for South Korea ($421 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Manganese Oxides Exports in South Africa
In 2022, approx. 61K tons of manganese oxideses were exported from South Africa; jumping by 20% compared with 2021. The total export volume increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, manganese oxides exports skyrocketed to $24M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Manganese Oxides in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.9 | 3.2 | 3.1 | 6.7 | 32.2% |
| Australia | 2.6 | 2.2 | 1.8 | 5.5 | 28.4% |
| India | 2.2 | 3.6 | 4.9 | 4.2 | 24.1% |
| Colombia | 1.5 | 1.2 | 2.7 | 2.1 | 11.9% |
| Spain | 3.7 | 1.4 | 1.2 | 1.4 | -27.7% |
| Netherlands | 0.7 | 1.3 | 1.0 | 0.7 | 0.0% |
| Russia | 1.2 | 1.1 | 1.2 | 0.1 | -56.3% |
| France | 1.5 | 0.6 | 0.2 | N/A | -63.5% |
| Others | 2.8 | 1.7 | 1.6 | 3.6 | 8.7% |
| Total | 19.2 | 16.1 | 17.8 | 24.1 | 7.9% |
Top Export Markets for Manganese Oxides from South Africa in 2022:
- Australia (29.6K tons)
- India (9.8K tons)
- United States (9.1K tons)
- Colombia (4.1K tons)
- Spain (3.1K tons)
- Netherlands (1.2K tons)
- Russia (0.2K tons)
Manganese Oxides Imports in South Africa
For the fourth consecutive year, South Africa recorded growth in purchases abroad of manganese oxideses, which increased by 43% to 5.9K tons in 2022. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 212% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, manganese oxides imports soared to $3.4M in 2022. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 123%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Manganese Oxides in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 10.5 | 295 | 811 | 1,843 | 459.9% |
| India | N/A | 5.6 | 503 | 493 | 838.3% |
| China | 460 | 352 | 360 | 457 | -0.2% |
| Zambia | N/A | 5.0 | 190 | 234 | 584.1% |
| United Kingdom | 0.1 | N/A | N/A | 153 | 1052.3% |
| Japan | N/A | 336 | 646 | 129 | -38.0% |
| France | 90.2 | 67.7 | 25.6 | N/A | -46.7% |
| Others | 114 | 163 | 197 | 69.4 | -15.2% |
| Total | 675 | 1,224 | 2,733 | 3,379 | 71.1% |
Top Suppliers of Manganese Oxides to South Africa in 2022:
- South Korea (3773.5 tons)
- Zambia (909.1 tons)
- India (397.3 tons)
- China (338.6 tons)
- United Kingdom (296.5 tons)
- Japan (160.0 tons)
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