South-Eastern Asia: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in South-Eastern Asia

In 2022, the Southeast Asian manganese ore and concentrate market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption posted a prominent increase. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Manganese Ores and Concentrates in South-Eastern Asia

In value terms, manganese ore and concentrate production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced downturn. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Manganese Ores and Concentrates

Exports in South-Eastern Asia

In 2022, manganese ore and concentrate exports in South-Eastern Asia dropped slightly to X tons, with a decrease of X% compared with 2021. Overall, exports continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, manganese ore and concentrate exports reduced sharply to $X in 2022. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of 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

Malaysia dominates exports structure, amounting to X tons, which was near X% of total exports in 2022. Thailand (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to manganese ore and concentrate exports from Malaysia stood at X%. At the same time, Thailand (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Thailand increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) remains the largest manganese ore and concentrate supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports.

In Malaysia, manganese ore and concentrate exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2019 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then declined remarkably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Malaysia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%).

Imports of Manganese Ores and Concentrates

Imports in South-Eastern Asia

In 2022, imports of manganese ores and concentrates in South-Eastern Asia surged to X tons, jumping by X% against 2021. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, manganese ore and concentrate imports surged to $X in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Malaysia represented the main importing country with an import of around X tons, which finished at X% of total imports. Indonesia (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (X%).

Malaysia was also the fastest-growing in terms of the manganese ores and concentrates imports, with a CAGR of X% from 2012 to 2022. At the same time, Indonesia (X%) and Vietnam (X%) displayed positive paces of growth. While the share of Malaysia (X p.p.) and Indonesia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Vietnam (X p.p.) displayed negative dynamics.

In value terms, Malaysia ($X) constitutes the largest market for imported manganese ores and concentrates in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Indonesia ($X), with a X% share of total imports.

In Malaysia, manganese ore and concentrate imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Indonesia (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, declining by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X%. The level of import peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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