Australia: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in Australia

The Australian manganese ore and concentrate market shrank to $X in 2022, falling by X% against the previous year. In general, consumption, however, posted a significant increase. Manganese ore and concentrate consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Manganese Ores and Concentrates in Australia

In value terms, manganese ore and concentrate production shrank to $X in 2022 estimated in export price. In general, production recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Manganese ore and concentrate production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Manganese Ores and Concentrates

Exports from Australia

In 2016, shipments abroad of manganese ores and concentrates decreased by X% to X tons, falling for the second year in a row after three years of growth. In general, exports saw a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2016, the exports stood at a somewhat lower figure.

In value terms, manganese ore and concentrate exports contracted notably to $X in 2016. Overall, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2016, the growth of the exports remained at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for manganese ore and concentrate exports from Australia, accounting for a X% share of total exports. Moreover, manganese ore and concentrate exports to India exceeded the volume sent to the second major destination, Japan (X tons), threefold. Malaysia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2016, the average annual growth rate of volume to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Malaysia (X% per year).

In value terms, India ($X) remains the key foreign market for manganese ores and concentrates exports from Australia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2016, the average annual rate of growth in terms of value to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Malaysia (X% per year).

Export Prices by Country

The average manganese ore and concentrate export price stood at $X per ton in 2016, which is down by X% against the previous year. In general, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2016, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Manganese Ores and Concentrates

Imports into Australia

In 2022, approx. X tons of manganese ores and concentrates were imported into Australia; with an increase of X% against the previous year. Over the period under review, imports showed a notable expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, manganese ore and concentrate imports skyrocketed to $X in 2022. In general, imports recorded a remarkable increase. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

South Africa (X tons) and Gabon (X tons) were the main suppliers of manganese ore and concentrate imports to Australia.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Gabon (with a CAGR of X%).

In value terms, South Africa ($X) and Gabon ($X) appeared to be the largest manganese ore and concentrate suppliers to Australia.

Among the main suppliers, Gabon, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the average manganese ore and concentrate import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price recorded a resilient expansion. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Gabon ($X per ton), while the price for South Africa totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Gabon (X%).

Source: IndexBox Platform

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