Morocco: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in Morocco

The Moroccan manganese ore and concentrate market declined sharply to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption saw a abrupt contraction. Manganese ore and concentrate consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Manganese Ores and Concentrates in Morocco

In value terms, manganese ore and concentrate production reduced modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a modest increase 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Exports of Manganese Ores and Concentrates

Exports from Morocco

Manganese ore and concentrate exports from Morocco surged to X tons in 2022, with an increase of X% compared with the previous year. Over the period under review, total exports indicated mild growth from 2012 to 2022: its volume 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, exports decreased by X% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, manganese ore and concentrate exports reached $X in 2022. Overall, total exports indicated pronounced growth 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, exports decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

China (X tons), Namibia (X tons) and Germany (X tons) were the main destinations of manganese ore and concentrate exports from Morocco, together accounting for X% of total exports. These countries were followed by Niger, which accounted for a further X%.

From 2012 to 2022, the biggest increases were recorded for Niger (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Namibia ($X), China ($X) and Germany ($X) appeared to be the largest markets for manganese ore and concentrate exported from Morocco worldwide, together comprising X% of total exports. These countries were followed by Niger, which accounted for a further X%.

Niger, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average manganese ore and concentrate export price amounted to $X per ton, waning by X% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2022: its price 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, manganese ore and concentrate export price decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then dropped dramatically in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

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 mixed trend patterns.

Imports of Manganese Ores and Concentrates

Imports into Morocco

In 2022, purchases abroad of manganese ores and concentrates decreased by X% to X kg, falling for the fourth year in a row after two years of growth. In general, imports recorded a sharp decline. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, manganese ore and concentrate imports shrank dramatically to $X in 2022. Overall, imports faced a sharp descent. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Gabon (X kg) constituted the largest supplier of manganese ore and concentrate to Morocco, with a X% share of total imports. Moreover, manganese ore and concentrate imports from Gabon exceeded the figures recorded by the second-largest supplier, India (X kg), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Gabon was relatively modest.

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

In terms of the main suppliers, Gabon, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average manganese ore and concentrate import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

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 India ($X per ton), while the price for Gabon amounted to $X per ton.

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

Source: IndexBox Platform

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