Indonesia: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in Indonesia

The Indonesian manganese ore and concentrate market contracted sharply to $X in 2022, declining by X% against the previous year. In general, consumption, however, showed a resilient increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Manganese Ores and Concentrates in Indonesia

In value terms, manganese ore and concentrate production contracted modestly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Manganese ore and concentrate production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Manganese Ores and Concentrates

Exports from Indonesia

In 2022, manganese ore and concentrate exports from Indonesia soared to X tons, picking up by X% against 2021. Over the period under review, exports, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, manganese ore and concentrate exports surged to $X in 2022. In general, exports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Iran (X tons) was the main destination for manganese ore and concentrate exports from Indonesia, accounting for a X% share of total exports. Moreover, manganese ore and concentrate exports to Iran exceeded the volume sent to the second major destination, India (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iran stood at X%.

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

From 2012 to 2022, the average annual growth rate of value to Iran totaled X%.

Export Prices by Country

The average manganese ore and concentrate export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 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 Iran ($X per ton), while the average price for exports to India totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manganese Ores and Concentrates

Imports into Indonesia

In 2022, manganese ore and concentrate imports into Indonesia shrank significantly to X tons, with a decrease of X% against 2021 figures. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 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 failed to regain momentum.

In value terms, manganese ore and concentrate imports dropped slightly to $X in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Australia (X tons) constituted the largest manganese ore and concentrate supplier to Indonesia, with a X% share of total imports. Moreover, manganese ore and concentrate imports from Australia exceeded the figures recorded by the second-largest supplier, Gabon (X tons), threefold. The third position in this ranking was taken by Malaysia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Australia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Gabon (X% per year) and Malaysia (X% per year).

In value terms, Australia ($X) constituted the largest supplier of manganese ores and concentrates to Indonesia, comprising X% of total imports. The second position in the ranking was held by Gabon ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Australia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Gabon (X% per year) and South Africa (X% per year).

Import Prices by Country

The average manganese ore and concentrate import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price posted a strong increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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