Asia-Pacific: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in Asia-Pacific

In 2022, the Asia-Pacific 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 a prominent expansion 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. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Manganese Ores and Concentrates in Asia-Pacific

In value terms, manganese ore and concentrate production declined slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Manganese Ores and Concentrates

Exports in Asia-Pacific

In 2022, shipments abroad of manganese ores and concentrates decreased by X% to X tons, falling for the third year in a row after two years of growth. In general, exports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, manganese ore and concentrate exports declined markedly to $X in 2022. Over the period under review, exports showed a dramatic contraction. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia dominates exports structure, recording X tons, which was near X% of total exports in 2022. Thailand (X tons) and China (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to manganese ore and concentrate exports from Malaysia stood at X%. At the same time, Thailand (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, China (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Malaysia and Thailand increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) remains the largest manganese ore and concentrate supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports.

In Malaysia, manganese ore and concentrate exports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, waning by X% against the previous year. Overall, the export price saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 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 China ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Imports of Manganese Ores and Concentrates

Imports in Asia-Pacific

In 2022, approx. X tons of manganese ores and concentrates were imported in Asia-Pacific; approximately reflecting the previous year's figure. In general, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, manganese ore and concentrate imports soared to $X in 2022. Over the period under review, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

China was the main importer of manganese ores and concentrates in Asia-Pacific, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. It was distantly followed by India (X tons), constituting a X% share of total imports. The following importers - South Korea (X tons), Malaysia (X tons) and Japan (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to manganese ore and concentrate imports into China stood at X%. At the same time, Malaysia (X%) and India (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, South Korea (X%) and Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and Malaysia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported manganese ores and concentrates in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: India (X% per year) and Malaysia (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by 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 Malaysia ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :