Africa: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in Africa

In 2022, the African manganese ore and concentrate market increased by X% to $X, rising for the second year in a row after two years of decline. The total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Manganese Ores and Concentrates in Africa

In value terms, manganese ore and concentrate production contracted to $X in 2022 estimated in export price. Overall, production, however, saw a prominent increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Manganese Ores and Concentrates

Exports in Africa

After five years of growth, overseas shipments of manganese ores and concentrates decreased by X% to X tons in 2022. Overall, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2021, and then dropped in the following year.

In value terms, manganese ore and concentrate exports dropped to $X in 2022. Over the period under review, exports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa represented the largest exporting country with an export of about X tons, which amounted to X% of total exports. It was distantly followed by Gabon (X tons), making up a X% share of total exports. Cote d'Ivoire (X tons) took a minor share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Cote d'Ivoire (X%) and Gabon (X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Cote d'Ivoire (X p.p.) significantly strengthened its position in terms of the total exports, while Gabon saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Gabon ($X) and Cote d'Ivoire ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Cote d'Ivoire, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, recorded a slight setback. The pace of growth was the most pronounced in 2017 an increase of X%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Gabon ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Gabon (X%), while the other leaders experienced a decline in the export price figures.

Imports of Manganese Ores and Concentrates

Imports in Africa

In 2022, purchases abroad of manganese ores and concentrates decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports, however, recorded a moderate expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then reduced dramatically in the following year.

In value terms, manganese ore and concentrate imports declined significantly to $X in 2022. In general, imports, however, continue to indicate a notable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then fell markedly in the following year.

Imports by Country

South Africa (X tons) and Namibia (X tons) dominates imports structure, together generating X% of total imports. It was distantly followed by Egypt (X tons), comprising a X% share of total imports. Angola (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Angola (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Namibia ($X) constitutes the largest market for imported manganese ores and concentrates in Africa, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Namibia amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Egypt (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Namibia ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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