MENA: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in MENA

The MENA's manganese ore and concentrate market surged to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption posted resilient growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Manganese Ores and Concentrates in MENA

In value terms, manganese ore and concentrate production amounted to $X in 2022 estimated in export price. Overall, production, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Manganese Ores and Concentrates

Exports in MENA

In 2022, overseas shipments of manganese ores and concentrates decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then fell markedly in the following year.

In value terms, manganese ore and concentrate exports dropped remarkably to $X in 2022. In general, exports continue to indicate a perceptible curtailment. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

In 2022, Morocco (X tons) represented the main exporter of manganese ores and concentrates, comprising X% of total exports. It was distantly followed by Turkey (X tons), mixing up a X% share of total exports. Oman (X tons) took a minor share of total exports.

Morocco was also the fastest-growing in terms of the manganese ores and concentrates exports, with a CAGR of X% from 2012 to 2022. Turkey (X%) and Oman (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Morocco increased by X percentage points.

In value terms, Morocco ($X) remains the largest manganese ore and concentrate supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports.

In Morocco, manganese ore and concentrate exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Oman (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Morocco ($X per ton), while Oman ($X per ton) was amongst the lowest.

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

Imports of Manganese Ores and Concentrates

Imports in MENA

In 2022, overseas purchases of manganese ores and concentrates decreased by X% to X tons, falling for the second consecutive year after four years of growth. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, manganese ore and concentrate imports declined significantly to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then fell sharply in the following year.

Imports by Country

Saudi Arabia was the main importer of manganese ores and concentrates in MENA, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. It was distantly followed by Iran (X tons), creating a X% share of total imports. Egypt (X tons) followed a long way behind the leaders.

Saudi Arabia was also the fastest-growing in terms of the manganese ores and concentrates imports, with a CAGR of X% from 2012 to 2022. Iran experienced a relatively flat trend pattern. Egypt (X%) illustrated a downward trend over the same period. Saudi Arabia (X p.p.) and Iran (X p.p.) significantly strengthened its position in terms of the total imports, while Egypt saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Saudi Arabia ($X), Iran ($X) and Egypt ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Iran, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 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 Iran ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform