Russian Federation: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in the Russian Federation

In 2022, the Russian 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 a strong increase. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Manganese Ores and Concentrates in the Russian Federation

In value terms, manganese ore and concentrate production contracted to $X in 2022 estimated in export price. Overall, production saw a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of X%. Manganese ore and concentrate production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Manganese Ores and Concentrates

Exports from the Russian Federation

In 2022, overseas shipments of manganese ores and concentrates decreased by X% to X tons, falling for the fourth year in a row after three years of growth. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, manganese ore and concentrate exports plummeted to $X in 2022. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Georgia (X tons) was the main destination for manganese ore and concentrate exports from Russia, accounting for a X% share of total exports. Moreover, manganese ore and concentrate exports to Georgia exceeded the volume sent to the second major destination, Kazakhstan (X tons), sevenfold.

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

In value terms, Kazakhstan ($X) emerged as the key foreign market for manganese ores and concentrates exports from Russia, comprising X% of total exports. The second position in the ranking was held by Georgia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan was relatively modest.

Export Prices by Country

The average manganese ore and concentrate export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price continues to indicate a dramatic contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

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

Imports of Manganese Ores and Concentrates

Imports into the Russian Federation

In 2022, the amount of manganese ores and concentrates imported into Russia soared to X tons, increasing by X% compared with the previous year. Over the period under review, imports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, manganese ore and concentrate imports expanded sharply to $X in 2022. Overall, imports showed buoyant growth. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X tons) constituted the largest supplier of manganese ore and concentrate to Russia, with a X% share of total imports. Moreover, manganese ore and concentrate imports from South Africa exceeded the figures recorded by the second-largest supplier, Gabon (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Africa stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Gabon (X% per year) and Kazakhstan (X% per year).

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

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

Import Prices by Country

In 2022, the average manganese ore and concentrate import price amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price showed a slight decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Gabon ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :