South Africa: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in South Africa

The South African manganese ore and concentrate market fell to $X in 2022, dropping by X% against the previous year. In general, consumption showed a perceptible decrease. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Production of Manganese Ores and Concentrates in South Africa

In value terms, manganese ore and concentrate production reduced to $X in 2022 estimated in export price. Over the period under review, the total production indicated moderate 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Manganese ore and concentrate production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Manganese Ores and Concentrates

Exports from South Africa

In 2022, after six years of growth, there was significant decline in shipments abroad of manganese ores and concentrates, when their volume decreased by X% to X tons. In general, exports, however, saw buoyant growth. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then declined in the following year.

In value terms, manganese ore and concentrate exports reached $X in 2022. Over the period under review, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for manganese ore and concentrate exports from South Africa, 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, India (X tons), fivefold. Singapore (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Singapore (X% per year).

In value terms, China ($X) remains the key foreign market for manganese ores and concentrates exports from South Africa, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the average manganese ore and concentrate export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Latvia ($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 Singapore (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Manganese Ores and Concentrates

Imports into South Africa

In 2022, overseas purchases of manganese ores and concentrates decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a moderate expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then reduced slightly in the following year.

In value terms, manganese ore and concentrate imports skyrocketed to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Zambia (X tons), Gabon (X tons) and Zimbabwe (X tons) were the main suppliers of manganese ore and concentrate imports to South Africa, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Zimbabwe (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

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

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

Import Prices by Country

The average manganese ore and concentrate import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a 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 Gabon ($X per ton), while the price for Zimbabwe ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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