Malaysia: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in Malaysia

In 2022, the Malaysian manganese ore and concentrate market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption recorded buoyant growth. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Manganese Ores and Concentrates in Malaysia

In value terms, manganese ore and concentrate production fell slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced reduction. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. Manganese ore and concentrate production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Manganese Ores and Concentrates

Exports from Malaysia

In 2022, overseas shipments of manganese ores and concentrates were finally on the rise to reach X tons after two years of decline. In general, exports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, manganese ore and concentrate exports reduced notably to $X in 2022. Over the period under review, exports, however, showed a deep downturn. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for manganese ore and concentrate exports from Malaysia, accounting for a X% share of total exports. Moreover, manganese ore and concentrate exports to China exceeded the volume sent to the second major destination, Indonesia (X tons), more than tenfold.

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

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

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

Export Prices by Country

In 2022, the average manganese ore and concentrate export price amounted to $X per ton, dropping by X% against the previous year. Overall, the export price showed a deep reduction. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Indonesia stood at $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 a decline.

Imports of Manganese Ores and Concentrates

Imports into Malaysia

In 2022, purchases abroad of manganese ores and concentrates was finally on the rise to reach X tons after three years of decline. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, manganese ore and concentrate imports soared to $X in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

South Africa (X tons), Australia (X tons) and Gabon (X tons) were the main suppliers of manganese ore and concentrate imports to Malaysia, together accounting for X% of total imports.

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

In value terms, the largest manganese ore and concentrate suppliers to Malaysia were South Africa ($X), Australia ($X) and Gabon ($X), together accounting for X% of total imports.

Australia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average manganese ore and concentrate import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 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 Australia ($X per ton), while the price for Gabon ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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